Charles Schwab Investment Management Inc. Raises Stake in Coursera, Inc. $COUR

Key Points

• Charles Schwab Investment Management Inc. increased its stake in Coursera, Inc. by 3.6% in the first quarter, acquiring an additional 35,981 shares, bringing its total holdings to over 1 million shares valued at approximately $6.93 million.
• Coursera reported $0.12 earnings per share for the latest quarter, exceeding analyst expectations, with a revenue of $187.10 million, reflecting a 9.9% year-over-year increase.
• Several analysts have upgraded Coursera's stock ratings, with price targets ranging from $9.00 to $15.00, indicating a generally positive outlook despite the stock's recent decline of 0.3%.

Charles Schwab Investment Management Inc. grew its stake in Coursera, Inc. (NYSE:COUR - Free Report) by 3.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,041,051 shares of the company's stock after buying an additional 35,981 shares during the period. Charles Schwab Investment Management Inc. owned approximately 0.65% of Coursera worth $6,933,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of COUR. State of Wyoming grew its stake in Coursera by 959.1% in the 4th quarter. State of Wyoming now owns 3,887 shares of the company's stock worth $33,000 after buying an additional 3,520 shares in the last quarter. Xponance Inc. purchased a new position in Coursera in the 1st quarter worth approximately $69,000. Pallas Capital Advisors LLC bought a new stake in shares of Coursera in the 1st quarter worth approximately $71,000. Inspire Advisors LLC bought a new stake in shares of Coursera in the 1st quarter worth approximately $75,000. Finally, Wealth Enhancement Advisory Services LLC bought a new stake in shares of Coursera in the 4th quarter worth approximately $86,000. Hedge funds and other institutional investors own 89.55% of the company's stock.

Insider Buying and Selling at Coursera

In other Coursera news, CAO Michele M. Meyers sold 12,500 shares of the company's stock in a transaction on Friday, July 25th. The shares were sold at an average price of $11.60, for a total value of $145,000.00. Following the completion of the transaction, the chief accounting officer directly owned 253,351 shares in the company, valued at approximately $2,938,871.60. This represents a 4.70% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Kenneth R. Hahn sold 75,000 shares of the company's stock in a transaction on Thursday, August 14th. The stock was sold at an average price of $11.87, for a total transaction 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. This trade represents a 6.52% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 115,000 shares of company stock valued at $1,363,100 over the last 90 days. Company insiders own 16.80% of the company's stock.

Analysts Set New Price Targets

COUR has been the subject of a number of recent research reports. Royal Bank Of Canada boosted their price objective on shares of Coursera from $10.00 to $13.00 and gave the stock an "outperform" rating in a report on Friday, July 25th. Cantor Fitzgerald boosted their price objective on shares of Coursera from $10.00 to $13.00 and gave the stock an "overweight" rating in a report on Friday, July 25th. Wall Street Zen upgraded shares of Coursera from a "hold" rating to a "buy" rating in a report on Saturday, July 26th. 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 report on Wednesday, July 16th. Finally, Zacks Research lowered shares of 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 issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Coursera currently has an average rating of "Hold" and an average target price of $11.40.

Coursera Stock Performance

NYSE:COUR traded down $0.12 during midday trading on Monday, reaching $11.50. 2,206,830 shares of the stock traded hands, compared to its average volume of 2,670,422. The company has a fifty day moving average of $10.37 and a 200 day moving average of $8.76. Coursera, Inc. has a 12 month low of $5.76 and a 12 month high of $13.56. The stock has a market capitalization of $1.86 billion, a P/E ratio of -34.83 and a beta of 1.40.

Coursera (NYSE:COUR - Get Free Report) last issued its quarterly earnings data on Thursday, July 24th. The company reported $0.12 EPS for the quarter, topping 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 business had revenue of $187.10 million during the quarter, compared to analyst estimates of $180.52 million. During the same period in the prior year, the business earned $0.09 EPS. The company'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, analysts predict that Coursera, Inc. will post -0.28 EPS for the current fiscal year.

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.