EP Wealth Advisors LLC Makes New Investment in Coursera, Inc. $COUR

Key Points

• EP Wealth Advisors LLC acquired 33,244 shares of Coursera, Inc. (NYSE:COUR), valued at approximately $221,000, marking a significant investment in the company in the first quarter.
• Coursera's stock price increased by 3.3%, with a current market capitalization of $1.93 billion and a 52-week trading range between $5.76 and $13.56.
• In its latest earnings report, Coursera beat analyst expectations with $0.12 earnings per share and revenue of $187.10 million, indicating a 9.9% year-over-year growth.

EP Wealth Advisors LLC purchased a new position in Coursera, Inc. (NYSE:COUR - Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 33,244 shares of the company's stock, valued at approximately $221,000.

A number of other large investors also recently bought and sold shares of COUR. State of Wyoming raised its holdings in shares of Coursera by 959.1% during the fourth quarter. State of Wyoming now owns 3,887 shares of the company's stock valued at $33,000 after acquiring an additional 3,520 shares during the last quarter. Quarry LP raised its holdings in shares of Coursera by 1,848.6% during the first quarter. Quarry LP now owns 4,131 shares of the company's stock valued at $28,000 after acquiring an additional 3,919 shares during the last quarter. Pale Fire Capital SE acquired a new position in shares of Coursera during the first quarter valued at approximately $67,000. Wealth Enhancement Advisory Services LLC acquired a new position in shares of Coursera during the fourth quarter valued at approximately $86,000. Finally, Xponance Inc. acquired a new position in shares of Coursera during the first quarter valued at approximately $69,000. Institutional investors and hedge funds own 89.55% of the company's stock.

Insider Activity

In related news, CFO Kenneth R. Hahn sold 29,636 shares of the business's stock in a transaction on Tuesday, September 9th. The stock was sold at an average price of $11.97, for a total transaction of $354,742.92. Following the completion of the transaction, the chief financial officer directly owned 954,047 shares of the company's stock, valued at $11,419,942.59. The trade was a 3.01% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Alan B. Cardenas sold 24,631 shares of the business's stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $11.14, for a total value of $274,389.34. Following the transaction, the senior vice president directly owned 258,526 shares of the company's stock, valued at $2,879,979.64. The trade was a 8.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 189,631 shares of company stock valued at $2,225,604. 16.80% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on COUR shares. Bank of America raised Coursera from an "underperform" rating to a "neutral" rating and increased their price target for the company from $7.00 to $12.00 in a report on Friday, July 25th. Telsey Advisory Group reaffirmed an "outperform" rating and issued a $14.00 price target on shares of Coursera in a report on Friday, August 15th. Wall Street Zen raised Coursera from a "hold" rating to a "buy" rating in a report on Saturday, July 26th. UBS Group increased their price target on Coursera from $8.50 to $10.00 and gave the company a "neutral" rating in a report on Friday, July 25th. Finally, Needham & Company LLC reaffirmed a "buy" rating and issued a $11.00 price target on shares of Coursera in a report on Monday, July 21st. Seven equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $11.40.

Coursera Trading Up 1.0%

Shares of NYSE COUR traded up $0.11 during trading on Friday, reaching $10.97. The stock had a trading volume of 2,299,484 shares, compared to its average volume of 2,273,323. Coursera, Inc. has a fifty-two week low of $5.76 and a fifty-two week high of $13.56. The business's 50-day moving average price is $10.79 and its 200-day moving average price is $8.91.

Coursera (NYSE:COUR - Get Free Report) last issued its quarterly earnings data on Thursday, July 24th. The company reported $0.12 earnings per share for the quarter, beating analysts' consensus estimates of $0.09 by $0.03. Coursera had a negative return on equity of 5.16% and a negative net margin of 7.05%.The business had revenue of $187.10 million during the quarter, compared to analysts' expectations of $180.52 million. During the same period in the previous year, the firm posted $0.09 earnings per share. The company's revenue was up 9.9% on a year-over-year basis. Coursera has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, equities analysts forecast that Coursera, Inc. will post -0.28 earnings per share for the current year.

Coursera Company Profile

Coursera, Inc operates an online educational content platform in the United States, Europe, Africa, the Asia Pacific, the Middle East, and internationally. It operates in three segments: Consumer, Enterprise, and Degrees. The company offers guided projects, courses, and specializations, as well as online degrees; and certificates for entry-level professional, non-entry level professional, university, and MasterTrack.