Coursera, Inc. $COUR Shares Sold by Invenomic Capital Management LP

Key Points

• Invenomic Capital Management LP reduced its holdings in Coursera by 10.2% in the first quarter, now owning approximately 1.29% of the company's stock valued at $13.86 million after selling 236,067 shares.
• Coursera reported a 9.9% increase in revenue year-over-year for the latest quarter, totaling $187.10 million, and surpassed earnings expectations by reporting $0.12 earnings per share.
• Several analysts have recently upgraded their ratings on Coursera, with Loop Capital raising its target from $12.00 to $15.00, reflecting increased investor confidence in the stock.

Invenomic Capital Management LP decreased its holdings in Coursera, Inc. (NYSE:COUR - Free Report) by 10.2% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,080,646 shares of the company's stock after selling 236,067 shares during the quarter. Invenomic Capital Management LP owned approximately 1.29% of Coursera worth $13,857,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of COUR. Quarry LP raised its stake 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 buying an additional 3,919 shares in the last quarter. State of Wyoming raised its stake in Coursera by 959.1% during 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 in the last quarter. Pale Fire Capital SE acquired a new stake in Coursera during the first quarter valued at approximately $67,000. Xponance Inc. acquired a new stake in Coursera during the first quarter valued at approximately $69,000. Finally, Pallas Capital Advisors LLC acquired a new stake in Coursera during the first quarter valued at approximately $71,000. Institutional investors and hedge funds own 89.55% of the company's stock.

Coursera Stock Up 0.6%

COUR opened at $11.23 on Friday. Coursera, Inc. has a 12-month low of $5.76 and a 12-month high of $13.56. The stock has a fifty day moving average of $10.53 and a 200-day moving average of $8.81. The firm has a market capitalization of $1.81 billion, a P/E ratio of -34.01 and a beta of 1.40.

Coursera (NYSE:COUR - Get Free Report) last issued 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 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 period last year, the business posted $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 expect that Coursera, Inc. will post -0.28 earnings per share for the current fiscal year.

Insider Transactions at Coursera

In related news, CFO Kenneth R. Hahn sold 75,000 shares of the firm's stock in a transaction that occurred 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 sale, 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 sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CAO Michele M. Meyers sold 12,500 shares of the firm's stock in a transaction that occurred on Friday, July 25th. The shares were sold at an average price of $11.60, for a total transaction of $145,000.00. Following the completion of the sale, the chief accounting officer directly owned 253,351 shares of the company's stock, valued at approximately $2,938,871.60. This represents a 4.70% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 115,000 shares of company stock valued at $1,363,100. Corporate insiders own 16.80% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on COUR shares. Loop Capital increased their price target on Coursera from $12.00 to $15.00 and gave the stock a "buy" rating in a research report on Friday, July 25th. Wall Street Zen raised Coursera from a "hold" rating to a "buy" rating in a report on Saturday, July 26th. Bank of America raised Coursera from an "underperform" rating to a "neutral" rating and increased their price objective for the stock from $7.00 to $12.00 in a report on Friday, July 25th. UBS Group increased their price target on Coursera from $8.50 to $10.00 and gave the company a "neutral" rating in a research note on Friday, July 25th. Finally, Scotiabank increased 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. Seven research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average price target 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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