Invesco Ltd. Has $1.02 Million Stock Position in Coursera, Inc. $COUR

Invesco Ltd. raised its position in Coursera, Inc. (NYSE:COUR - Free Report) by 27.1% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 152,407 shares of the company's stock after buying an additional 32,456 shares during the quarter. Invesco Ltd. owned 0.09% of Coursera worth $1,015,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its position in shares of Coursera by 1.3% during the 1st quarter. Vanguard Group Inc. now owns 12,306,979 shares of the company's stock valued at $81,964,000 after acquiring an additional 159,820 shares during the period. Deutsche Bank AG lifted its position in shares of Coursera by 7.7% during the 1st quarter. Deutsche Bank AG now owns 1,986,750 shares of the company's stock valued at $13,232,000 after acquiring an additional 141,745 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Coursera by 0.9% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,662,492 shares of the company's stock valued at $14,131,000 after acquiring an additional 14,873 shares during the period. Ameriprise Financial Inc. lifted its position in shares of Coursera by 253.1% during the 4th quarter. Ameriprise Financial Inc. now owns 1,424,354 shares of the company's stock valued at $12,107,000 after acquiring an additional 1,020,969 shares during the period. Finally, Northern Trust Corp lifted its position in shares of Coursera by 12.7% during the 4th quarter. Northern Trust Corp now owns 1,280,107 shares of the company's stock worth $10,881,000 after buying an additional 144,577 shares during the last quarter. 89.55% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Coursera

In related news, SVP Alan B. Cardenas sold 24,631 shares of the firm's stock in a transaction that occurred on Wednesday, September 3rd. The stock was sold at an average price of $11.14, for a total transaction of $274,389.34. Following the completion of the sale, the senior vice president owned 258,526 shares of the company's stock, valued at $2,879,979.64. This trade represents a 8.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Kenneth R. Hahn sold 75,000 shares of the firm's stock in a transaction that occurred on Thursday, August 14th. The stock was sold at an average price of $11.87, for a total value of $890,250.00. Following the sale, the chief financial officer directly owned 1,075,853 shares of the company's stock, valued at $12,770,375.11. This represents a 6.52% decrease in their position. The disclosure for this sale can be found here. Insiders sold 139,631 shares of company stock worth $1,637,489 over the last ninety days. 16.80% of the stock is owned by insiders.

Wall Street Analyst Weigh In

COUR has been the subject of several recent analyst reports. JPMorgan Chase & Co. upped their price objective on Coursera from $8.00 to $9.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 16th. Scotiabank upped their price objective on Coursera from $9.00 to $11.00 and gave the stock a "sector perform" rating in a research report on Friday, July 25th. Morgan Stanley upped their target price on Coursera from $11.00 to $12.00 and gave the stock an "equal weight" rating in a report on Friday, July 25th. Bank of America raised Coursera from an "underperform" rating to a "neutral" rating and upped their target price for the stock from $7.00 to $12.00 in a report on Friday, July 25th. Finally, Royal Bank Of Canada upped their target price on Coursera from $10.00 to $13.00 and gave the stock an "outperform" rating in a report on Friday, July 25th. Seven analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $11.40.

Coursera Stock Performance

Shares of COUR traded up $0.02 during mid-day trading on Friday, reaching $11.24. 1,783,428 shares of the company were exchanged, compared to its average volume of 2,268,255. Coursera, Inc. has a 52 week low of $5.76 and a 52 week high of $13.56. The stock has a market capitalization of $1.81 billion, a PE ratio of -34.04 and a beta of 1.40. The business has a 50 day simple moving average of $10.58 and a two-hundred day simple moving average of $8.83.

Coursera (NYSE:COUR - Get Free Report) last issued its quarterly earnings data on Thursday, July 24th. The company reported $0.12 earnings per share (EPS) for the quarter, topping 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 company had revenue of $187.10 million during the quarter, compared to the consensus estimate of $180.52 million. During the same period last year, the company earned $0.09 earnings per share. The firm's revenue was up 9.9% compared to the same quarter last year. 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 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.