Coursera, Inc. $COUR Shares Sold by Inflection Point Investments LLP

Key Points

• Inflection Point Investments LLP reduced its holdings in Coursera, Inc. by 6.3%, selling 27,566 shares, and now holds approximately $3.6 million in shares.
• Coursera's stock has seen recent gains, rising 1.5% to open at $10.11, with a market capitalization of $1.63 billion.
• The company reported $0.12 earnings per share for the last quarter, exceeding expectations, and experienced a revenue increase of 9.9% year-over-year.

Inflection Point Investments LLP trimmed its holdings in shares of Coursera, Inc. (NYSE:COUR - Free Report) by 6.3% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 410,796 shares of the company's stock after selling 27,566 shares during the period. Coursera comprises 6.8% of Inflection Point Investments LLP's holdings, making the stock its 9th largest position. Inflection Point Investments LLP owned approximately 0.25% of Coursera worth $3,598,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Quarry LP boosted its position in Coursera by 1,848.6% during the first quarter. Quarry LP now owns 4,131 shares of the company's stock valued at $28,000 after purchasing an additional 3,919 shares during the last quarter. State of Wyoming boosted its holdings in shares of Coursera by 85.9% in the 1st quarter. State of Wyoming now owns 7,227 shares of the company's stock valued at $48,000 after buying an additional 3,340 shares during the last quarter. Pale Fire Capital SE acquired a new stake in shares of Coursera in the 1st quarter valued at approximately $67,000. Xponance Inc. acquired a new stake in shares of Coursera in the 1st quarter valued at approximately $69,000. Finally, Inspire Advisors LLC acquired a new stake in shares of Coursera in the 1st quarter valued at approximately $75,000. 89.55% of the stock is currently owned by institutional investors and hedge funds.

Coursera Stock Up 1.5%

Shares of COUR stock opened at $10.11 on Tuesday. The firm has a 50 day moving average price of $11.34 and a two-hundred day moving average price of $9.51. The company has a market capitalization of $1.63 billion, a PE ratio of -30.62 and a beta of 1.40. Coursera, Inc. has a 12-month low of $5.76 and a 12-month high of $13.56.

Coursera (NYSE:COUR - Get Free Report) last released its quarterly earnings results on Thursday, July 24th. The company reported $0.12 earnings per share for the quarter, topping the consensus estimate of $0.09 by $0.03. The business had revenue of $187.10 million during the quarter, compared to analysts' expectations of $180.52 million. Coursera had a negative return on equity of 5.16% and a negative net margin of 7.05%.The firm's revenue for the quarter was up 9.9% compared to the same quarter last year. During the same period last year, the firm posted $0.09 EPS. Coursera has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, research analysts expect that Coursera, Inc. will post -0.28 EPS for the current year.

Insider Transactions at Coursera

In other Coursera news, CFO Kenneth R. Hahn sold 29,636 shares of Coursera stock in a transaction dated Tuesday, September 9th. The shares were sold at an average price of $11.97, for a total value of $354,742.92. Following the completion of the sale, the chief financial officer owned 954,047 shares in the company, valued at $11,419,942.59. The trade was a 3.01% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Michele M. Meyers sold 3,500 shares of Coursera stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $11.31, for a total transaction of $39,585.00. Following the completion of the sale, the chief accounting officer owned 237,795 shares of the company's stock, valued at $2,689,461.45. This trade represents a 1.45% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 193,131 shares of company stock valued at $2,265,189. 16.80% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of analysts have commented on the stock. Needham & Company LLC reiterated a "buy" rating and issued a $11.00 price target on shares of Coursera in a research note on Monday, July 21st. Zacks Research downgraded shares of Coursera from a "strong-buy" rating to a "hold" rating in a research note on Monday, August 18th. Bank of America upgraded shares of Coursera from an "underperform" rating to a "neutral" rating and raised their target price for the company from $7.00 to $12.00 in a research note on Friday, July 25th. UBS Group raised their price objective on Coursera from $8.50 to $10.00 and gave the company a "neutral" rating in a research report on Friday, July 25th. Finally, Telsey Advisory Group reaffirmed an "outperform" rating and issued a $14.00 price objective on shares of Coursera in a research report on Friday, October 3rd. Seven equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $11.40.

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.

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