Fox Run Management L.L.C. Cuts Stock Position in Coursera, Inc. $COUR

Key Points

• Fox Run Management L.L.C. reduced its holdings in Coursera, Inc. by 49.7%, selling 37,459 shares and now holds 37,946 shares valued at approximately $253,000.
• Institutional investors own 89.55% of Coursera's stock, with significant increases from firms like Vanguard Group Inc. and Ameriprise Financial Inc. during the first quarter.
• Several analysts have upgraded their ratings on Coursera, with Bank of America raising the price target from $7.00 to $12.00, reflecting increased market optimism.

Fox Run Management L.L.C. trimmed its position in shares of Coursera, Inc. (NYSE:COUR - Free Report) by 49.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 37,946 shares of the company's stock after selling 37,459 shares during the quarter. Fox Run Management L.L.C.'s holdings in Coursera were worth $253,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Nuveen LLC acquired a new position in Coursera during the first quarter worth about $7,764,000. Aigen Investment Management LP grew its position in shares of Coursera by 205.6% in the first quarter. Aigen Investment Management LP now owns 44,700 shares of the company's stock valued at $298,000 after purchasing an additional 30,072 shares during the last quarter. Invesco Ltd. grew its position in shares of Coursera by 27.1% in the first quarter. Invesco Ltd. now owns 152,407 shares of the company's stock valued at $1,015,000 after purchasing an additional 32,456 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its position in shares of Coursera by 1.1% in the first quarter. Connor Clark & Lunn Investment Management Ltd. now owns 682,585 shares of the company's stock valued at $4,546,000 after purchasing an additional 7,377 shares during the last quarter. Finally, Deutsche Bank AG grew its position in shares of Coursera by 7.7% in the first quarter. Deutsche Bank AG now owns 1,986,750 shares of the company's stock valued at $13,232,000 after purchasing an additional 141,745 shares during the last quarter. 89.55% of the stock is currently owned by institutional investors and hedge funds.

Coursera Stock Performance

Shares of COUR traded up $0.0980 on Friday, hitting $11.3780. 3,007,458 shares of the stock traded hands, compared to its average volume of 5,112,143. The stock's 50 day moving average is $10.01 and its two-hundred day moving average is $8.61. Coursera, Inc. has a 1 year low of $5.76 and a 1 year high of $13.56.

Coursera (NYSE:COUR - Get Free Report) last announced its quarterly earnings data 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. The business had revenue of $187.10 million for the quarter, compared to the consensus estimate of $180.52 million. Coursera had a negative net margin of 7.05% and a negative return on equity of 5.16%. The company's quarterly revenue was up 9.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.09 earnings per share. Coursera has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, sell-side analysts predict that Coursera, Inc. will post -0.28 EPS for the current year.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on COUR shares. Morgan Stanley increased their price target on shares of Coursera from $11.00 to $12.00 and gave the company an "equal weight" rating in a research report on Friday, July 25th. Cantor Fitzgerald increased their price target on shares of Coursera from $10.00 to $13.00 and gave the company an "overweight" rating in a research report on Friday, July 25th. Zacks Research lowered shares of Coursera from a "strong-buy" rating to a "hold" rating in a research report on Monday, August 18th. Scotiabank increased their price target on shares of Coursera from $9.00 to $11.00 and gave the company a "sector perform" rating in a research report on Friday, July 25th. Finally, JPMorgan Chase & Co. increased their price target on shares of Coursera from $8.00 to $9.00 and gave the company a "neutral" rating in a research report on Wednesday, July 16th. Seven research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Coursera currently has an average rating of "Hold" and an average price target of $11.40.

Insider Buying and Selling

In other Coursera news, CAO Michele M. Meyers sold 12,500 shares of the 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 transaction, the chief accounting officer owned 253,351 shares of the company's stock, valued at $2,938,871.60. This trade represents a 4.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Kenneth R. Hahn sold 75,000 shares of the stock in a transaction that occurred on Thursday, August 14th. The stock was sold at an average price of $11.87, for a total transaction of $890,250.00. Following the transaction, the chief financial officer directly owned 1,075,853 shares in the company, valued at approximately $12,770,375.11. This represents a 6.52% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 115,000 shares of company stock worth $1,363,100. 16.80% of the stock is currently owned by insiders.

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.