Caxton Associates LLP Purchases New Holdings in Coursera, Inc. $COUR

Key Points

• Caxton Associates LLP acquired a new stake in Coursera, purchasing 121,377 shares valued at approximately $808,000, which represents 0.08% of the company's stock as of the end of the last quarter.
• Coursera's recent financial results showed a revenue of $187.10 million for the quarter, which was above expectations, and a per-share earnings of $0.12, beating the consensus estimate of $0.09.
• Several analysts have raised their price targets on Coursera, with a consensus average target now set at $11.40, indicating a mix of "buy" and "hold" ratings among equity analysts.

Caxton Associates LLP purchased a new stake in Coursera, Inc. (NYSE:COUR - Free Report) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 121,377 shares of the company's stock, valued at approximately $808,000. Caxton Associates LLP owned 0.08% of Coursera at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in COUR. Quarry LP boosted its stake in shares of Coursera by 1,848.6% in the first quarter. Quarry LP now owns 4,131 shares of the company's stock valued at $28,000 after buying an additional 3,919 shares during the period. State of Wyoming boosted its stake in shares of Coursera by 959.1% in the fourth quarter. State of Wyoming now owns 3,887 shares of the company's stock valued at $33,000 after buying an additional 3,520 shares during the period. Pale Fire Capital SE bought a new stake in shares of Coursera in the first quarter valued at approximately $67,000. Xponance Inc. bought a new stake in shares of Coursera in the first quarter valued at approximately $69,000. Finally, Pallas Capital Advisors LLC bought a new stake in shares of Coursera in the first quarter valued at approximately $71,000. 89.55% of the stock is currently owned by institutional investors.

Coursera Stock Performance

Shares of COUR stock opened at $10.53 on Thursday. The stock's fifty day moving average price is $10.74 and its two-hundred day moving average price is $8.89. The company has a market cap of $1.70 billion, a PE ratio of -31.89 and a beta of 1.40. Coursera, Inc. has a fifty-two week low of $5.76 and a fifty-two week high of $13.56.

Coursera (NYSE:COUR - Get Free Report) last released its quarterly earnings data on Thursday, July 24th. The company reported $0.12 earnings per share for the quarter, beating the consensus estimate 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 company had revenue of $187.10 million for the quarter, compared to the consensus estimate of $180.52 million. During the same quarter last year, the business posted $0.09 EPS. Coursera's revenue for the quarter 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 predict that Coursera, Inc. will post -0.28 EPS for the current fiscal year.

Insider Activity at Coursera

In related news, CFO Kenneth R. Hahn sold 29,636 shares of the firm'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 sale, the chief financial officer owned 954,047 shares of the company's stock, valued at $11,419,942.59. This trade represents a 3.01% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Alan B. Cardenas sold 24,631 shares of the firm's stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $11.14, for a total value of $274,389.34. Following the sale, the senior vice president directly owned 258,526 shares in the company, valued at approximately $2,879,979.64. This trade represents a 8.70% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 189,631 shares of company stock valued at $2,225,604 in the last 90 days. 16.80% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. Scotiabank boosted their price target on Coursera from $9.00 to $11.00 and gave the company a "sector perform" rating in a research note on Friday, July 25th. Telsey Advisory Group restated an "outperform" rating and set a $14.00 target price on shares of Coursera in a research note on Friday, August 15th. UBS Group raised their target price on Coursera from $8.50 to $10.00 and gave the company a "neutral" rating in a report on Friday, July 25th. JPMorgan Chase & Co. raised their target price on Coursera from $8.00 to $9.00 and gave the company a "neutral" rating in a report on Wednesday, July 16th. Finally, Zacks Research downgraded Coursera from a "strong-buy" rating to a "hold" rating in a report on Monday, August 18th. Seven equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Coursera currently has a consensus rating of "Hold" and an average price target of $11.40.

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.

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