Cubist Systematic Strategies LLC Invests $2.74 Million in Coursera, Inc. $COUR

Key Points

• Cubist Systematic Strategies LLC has acquired a stake in Coursera, Inc. worth approximately $2.74 million, buying 412,043 shares which represents about 0.26% of the company's stock.
• Several hedge funds have greatly increased their positions in Coursera, with some raising stakes by over 1,800%, indicating heightened institutional interest.
• Analysts have raised their ratings and price targets for Coursera, with seven analysts rating it as a "Buy" and a consensus price target of $11.40.

Cubist Systematic Strategies LLC acquired a new stake in Coursera, Inc. (NYSE:COUR - Free Report) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 412,043 shares of the company's stock, valued at approximately $2,744,000. Cubist Systematic Strategies LLC owned about 0.26% of Coursera as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in COUR. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Coursera by 1.8% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 101,948 shares of the company's stock valued at $867,000 after buying an additional 1,785 shares during the last quarter. CWM LLC increased its stake in Coursera by 13.7% in the 1st quarter. CWM LLC now owns 23,794 shares of the company's stock valued at $158,000 after buying an additional 2,872 shares during the last quarter. State of Wyoming increased its stake in 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. Hsbc Holdings PLC increased its stake in Coursera by 1.3% in the 1st quarter. Hsbc Holdings PLC now owns 264,208 shares of the company's stock valued at $1,762,000 after buying an additional 3,399 shares during the last quarter. Finally, QRG Capital Management Inc. increased its stake in Coursera by 24.1% in the 1st quarter. QRG Capital Management Inc. now owns 17,698 shares of the company's stock valued at $118,000 after buying an additional 3,434 shares during the last quarter. 89.55% of the stock is owned by institutional investors.

Insider Buying and Selling at Coursera

In other Coursera news, SVP Alan B. Cardenas sold 24,631 shares of the business's stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $11.14, for a total value 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. The trade was a 8.70% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Kenneth R. Hahn sold 29,636 shares of the business's stock in a transaction dated Tuesday, September 9th. The shares were sold at an average price of $11.97, for a total transaction of $354,742.92. Following the completion of the sale, the chief financial officer directly owned 954,047 shares of the company's stock, valued at $11,419,942.59. This represents a 3.01% decrease in their position. The disclosure for this sale can be found here. Insiders sold 189,631 shares of company stock valued at $2,225,604 in the last quarter. Company insiders own 16.80% of the company's stock.

Coursera Stock Performance

COUR traded up $0.38 on Thursday, reaching $10.87. The company had a trading volume of 2,546,463 shares, compared to its average volume of 2,227,862. Coursera, Inc. has a fifty-two week low of $5.76 and a fifty-two week high of $13.56. The stock has a market cap of $1.75 billion, a P/E ratio of -32.94 and a beta of 1.40. The company's fifty day moving average is $10.79 and its 200 day moving average is $8.91.

Coursera (NYSE:COUR - Get Free Report) last announced its quarterly earnings results on Thursday, July 24th. The company reported $0.12 EPS for the quarter, beating analysts' consensus estimates 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 for the quarter, compared to analyst estimates of $180.52 million. During the same quarter in the prior year, the business earned $0.09 EPS. Coursera's quarterly revenue 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, sell-side analysts expect that Coursera, Inc. will post -0.28 EPS for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. Loop Capital lifted their price target on shares of Coursera from $12.00 to $15.00 and gave the company a "buy" rating in a research note on Friday, July 25th. Morgan Stanley boosted their price objective on shares of Coursera from $11.00 to $12.00 and gave the stock an "equal weight" rating in a research note on Friday, July 25th. Wall Street Zen upgraded shares of Coursera from a "hold" rating to a "buy" rating in a research note on Saturday, July 26th. Needham & Company LLC restated a "buy" rating and set a $11.00 price objective on shares of Coursera in a research note on Monday, July 21st. Finally, KeyCorp restated an "overweight" rating and set a $12.00 price objective (up from $11.00) on shares of Coursera in a research note on Friday, July 25th. Seven investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average 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.