Baader Bank Aktiengesellschaft Acquires New Stake in Coursera, Inc. $COUR

Key Points

• Baader Bank Aktiengesellschaft acquired 106,719 shares of Coursera, Inc., valued at approximately $934,000, during the 2nd quarter, representing about 0.07% of the company's stock.
• Analyst ratings for Coursera show a mix of opinions; Zacks lowered its rating to "hold", while other analysts have assigned a "buy" rating, with a consensus price target of $11.40.
• Insider selling activity includes the CFO selling 75,000 shares at an average price of $11.87, reducing his position by 6.52%, amid a trend where insiders sold 189,631 shares worth $2,225,604 over the last ninety days.

Baader Bank Aktiengesellschaft acquired a new position in shares of Coursera, Inc. (NYSE:COUR - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 106,719 shares of the company's stock, valued at approximately $934,000. Baader Bank Aktiengesellschaft owned approximately 0.07% of Coursera at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. ProShare Advisors LLC increased its holdings in shares of Coursera by 49.0% during 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 in the last quarter. Vanguard Group Inc. raised its position in Coursera by 1.3% in the 1st quarter. Vanguard Group Inc. now owns 12,306,979 shares of the company's stock worth $81,964,000 after purchasing an additional 159,820 shares during the last quarter. Blueshift Asset Management LLC bought a new position in Coursera in the 1st quarter worth approximately $1,299,000. Charles Schwab Investment Management Inc. raised its position in Coursera by 3.6% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,041,051 shares of the company's stock worth $6,933,000 after purchasing an additional 35,981 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its position in Coursera by 34.8% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 13,649 shares of the company's stock worth $91,000 after purchasing an additional 3,521 shares during the last quarter. Institutional investors and hedge funds own 89.55% of the company's stock.

Insider Activity

In other news, CFO Kenneth R. Hahn sold 75,000 shares of the business's stock in a transaction on Thursday, August 14th. The shares were sold at an average price of $11.87, for a total value of $890,250.00. Following the completion of the transaction, the chief financial officer owned 1,075,853 shares of the company's stock, valued at $12,770,375.11. The trade was a 6.52% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Alan B. Cardenas sold 24,631 shares of the business's stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $11.14, for a total transaction of $274,389.34. Following the completion of the transaction, the senior vice president directly owned 258,526 shares of the company's stock, valued at $2,879,979.64. This trade represents a 8.70% decrease in their position. The disclosure for this sale can be found here. Insiders sold 193,131 shares of company stock valued at $2,265,189 in the last quarter. Company insiders own 16.80% of the company's stock.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. Morgan Stanley boosted their price objective on shares of Coursera from $11.00 to $12.00 and gave the stock an "equal weight" rating in a research report on Friday, July 25th. KeyCorp restated an "overweight" rating and issued a $12.00 price objective (up previously from $11.00) on shares of Coursera in a research report on Friday, July 25th. Zacks Research cut shares of Coursera from a "strong-buy" rating to a "hold" rating in a research report on Monday, August 18th. JPMorgan Chase & Co. boosted their price objective on shares of Coursera from $8.00 to $9.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 16th. Finally, Loop Capital lifted their target price on shares of Coursera from $12.00 to $15.00 and gave the stock a "buy" rating in a report on Friday, July 25th. Seven investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $11.40.

Coursera Stock Performance

COUR traded up $0.26 during trading on Monday, reaching $11.91. 3,164,433 shares of the company's stock were exchanged, compared to its average volume of 2,254,458. The company's fifty day moving average price is $11.19 and its 200-day moving average price is $9.10. Coursera, Inc. has a fifty-two week low of $5.76 and a fifty-two week high of $13.56. The firm has a market capitalization of $1.92 billion, a PE ratio of -36.07 and a beta of 1.40.

Coursera (NYSE:COUR - Get Free Report) last announced its quarterly earnings results on Thursday, July 24th. The company reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.03. Coursera had a negative net margin of 7.05% and a negative return on equity of 5.16%. The company had revenue of $187.10 million during the quarter, compared to analyst estimates of $180.52 million. During the same quarter in the previous year, the business earned $0.09 EPS. The firm'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. Research analysts forecast that Coursera, Inc. will post -0.28 earnings per share for the current fiscal year.

About Coursera

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.