Universal Beteiligungs und Servicegesellschaft mbH Takes Position in Coursera, Inc. (NYSE:COUR)

Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in Coursera, Inc. (NYSE:COUR - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 571,379 shares of the company's stock, valued at approximately $4,857,000. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.36% of Coursera as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. ProShare Advisors LLC increased its holdings in Coursera by 49.0% in the fourth quarter. ProShare Advisors LLC now owns 38,746 shares of the company's stock worth $329,000 after buying an additional 12,749 shares during the last quarter. Jump Financial LLC boosted its position in Coursera by 582.9% during the fourth quarter. Jump Financial LLC now owns 213,753 shares of the company's stock worth $1,817,000 after purchasing an additional 182,453 shares during the period. Penn Capital Management Company LLC bought a new stake in Coursera during the fourth quarter worth approximately $635,000. Franklin Resources Inc. boosted its position in Coursera by 19.6% during the fourth quarter. Franklin Resources Inc. now owns 260,866 shares of the company's stock worth $2,217,000 after purchasing an additional 42,765 shares during the period. Finally, Sei Investments Co. boosted its position in Coursera by 340.9% during the fourth quarter. Sei Investments Co. now owns 273,147 shares of the company's stock worth $2,322,000 after purchasing an additional 211,191 shares during the period. Institutional investors and hedge funds own 89.55% of the company's stock.

Coursera Stock Performance

Shares of COUR traded down $0.56 during mid-day trading on Thursday, hitting $8.83. The company's stock had a trading volume of 2,201,283 shares, compared to its average volume of 2,255,855. Coursera, Inc. has a one year low of $5.76 and a one year high of $11.74. The firm has a market capitalization of $1.42 billion, a PE ratio of -16.97 and a beta of 1.38. The stock's 50-day moving average is $8.00 and its two-hundred day moving average is $8.02.

Coursera (NYSE:COUR - Get Free Report) last issued its earnings results on Thursday, April 24th. The company reported $0.12 EPS for the quarter, beating analysts' consensus estimates of $0.08 by $0.04. The business had revenue of $179.30 million during the quarter, compared to analyst estimates of $175.60 million. Coursera had a negative return on equity of 9.42% and a negative net margin of 11.45%. Coursera's revenue was up 6.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.07 earnings per share. Analysts expect that Coursera, Inc. will post -0.28 EPS for the current fiscal year.

Insider Activity at Coursera

In other Coursera news, Director Amanda Clark sold 9,334 shares of the stock in a transaction on Thursday, May 22nd. The stock was sold at an average price of $8.48, for a total transaction of $79,152.32. Following the completion of the transaction, the director now directly owns 85,573 shares in the company, valued at $725,659.04. This represents a 9.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Sabrina Simmons sold 9,335 shares of the stock in a transaction on Thursday, May 22nd. The stock was sold at an average price of $8.48, for a total value of $79,160.80. Following the transaction, the director now owns 50,215 shares of the company's stock, valued at $425,823.20. This represents a 15.68% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 24,770 shares of company stock worth $211,087. 16.80% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

COUR has been the subject of a number of recent analyst reports. Morgan Stanley reaffirmed an "equal weight" rating and set a $11.00 target price (up previously from $10.00) on shares of Coursera in a research report on Thursday. JPMorgan Chase & Co. decreased their target price on Coursera from $8.00 to $7.00 and set a "neutral" rating for the company in a research report on Tuesday, April 8th. Needham & Company LLC reaffirmed a "buy" rating and set a $11.00 target price on shares of Coursera in a research report on Friday, April 25th. Bank of America reaffirmed an "underperform" rating and set a $7.00 target price on shares of Coursera in a research report on Thursday, March 27th. Finally, Telsey Advisory Group reaffirmed an "outperform" rating and set a $12.00 target price on shares of Coursera in a research report on Tuesday, April 22nd. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, Coursera has an average rating of "Hold" and an average price target of $9.40.

Coursera 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.