Acadian Asset Management LLC Has $4.32 Million Stock Holdings in Coursera, Inc. $COUR

Key Points

• Acadian Asset Management LLC significantly reduced its stake in Coursera, Inc. by 53.9%, now holding approximately 0.40% of the company, valued at $4.32 million.
• Several hedge funds are modifying their positions in Coursera, with Ameriprise Financial Inc. increasing its holding by 253.1% during the fourth quarter.
• Coursera's stock has a consensus rating of "Hold" from analysts, with an average target price of $11.40, reflecting a range of recent upgrades and revisions to price targets.

Acadian Asset Management LLC decreased its position in shares of Coursera, Inc. (NYSE:COUR - Free Report) by 53.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 650,608 shares of the company's stock after selling 759,473 shares during the quarter. Acadian Asset Management LLC owned about 0.40% of Coursera worth $4,324,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently added to or reduced their stakes in COUR. Caxton Associates LLP bought a new stake in shares of Coursera in the 1st quarter worth $808,000. Dynamic Technology Lab Private Ltd bought a new stake in shares of Coursera in the 1st quarter worth $273,000. PharVision Advisers LLC bought a new stake in shares of Coursera in the 1st quarter worth $86,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Coursera by 2.8% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 104,795 shares of the company's stock worth $698,000 after buying an additional 2,847 shares in the last quarter. Finally, AQR Capital Management LLC raised its stake in shares of Coursera by 36.8% in the 1st quarter. AQR Capital Management LLC now owns 581,879 shares of the company's stock worth $3,875,000 after buying an additional 156,566 shares in the last quarter. Institutional investors and hedge funds own 89.55% of the company's stock.

Insider Buying and Selling at Coursera

In other news, SVP Alan B. Cardenas sold 24,631 shares of the company's stock in a transaction dated 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 in the company, valued at approximately $2,879,979.64. This represents a 8.70% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CAO Michele M. Meyers sold 12,500 shares of the company's stock in a transaction dated Friday, July 25th. The stock was sold at an average price of $11.60, for a total value of $145,000.00. Following the sale, the chief accounting officer owned 253,351 shares of the company's stock, valued at approximately $2,938,871.60. This trade represents a 4.70% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 189,631 shares of company stock worth $2,225,604 over the last 90 days. 16.80% of the stock is currently owned by corporate insiders.

Coursera Stock Performance

Shares of COUR stock traded up $0.07 on Friday, reaching $11.66. 3,739,431 shares of the company's stock traded hands, compared to its average volume of 2,217,824. Coursera, Inc. has a 12-month low of $5.76 and a 12-month high of $13.56. The company has a market capitalization of $1.88 billion, a P/E ratio of -35.33 and a beta of 1.40. The business's 50 day moving average price is $11.12 and its two-hundred day moving average price is $9.05.

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

Analyst Upgrades and Downgrades

A number of analysts have recently commented on COUR shares. Bank of America raised Coursera from an "underperform" rating to a "neutral" rating and boosted their price objective for the stock from $7.00 to $12.00 in a research note on Friday, July 25th. KeyCorp reissued an "overweight" rating and issued a $12.00 price objective (up previously from $11.00) on shares of Coursera in a research note on Friday, July 25th. Needham & Company LLC reissued a "buy" rating and issued a $11.00 price objective on shares of Coursera in a research note on Monday, July 21st. Zacks Research lowered Coursera from a "strong-buy" rating to a "hold" rating in a research report on Monday, August 18th. Finally, Wall Street Zen raised Coursera from a "hold" rating to a "buy" rating in a research report on Saturday, July 26th. Seven analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Hold" and an average price target of $11.40.

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.