GC Wealth Management RIA LLC Invests $300,000 in Coursera, Inc. $COUR

Key Points

• GC Wealth Management RIA LLC invested $300,000 in Coursera, acquiring 34,290 shares of the company in the second quarter.
• Institutional investors collectively own 89.55% of Coursera's stock, with recent acquisitions from firms like Vanguard and Deutsche Bank.
• Coursera recently reported earnings of $0.12 per share, surpassing estimates, and the stock is currently rated as a "Hold" by analysts with an average target price of $11.40.

GC Wealth Management RIA LLC acquired a new position in Coursera, Inc. (NYSE:COUR - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 34,290 shares of the company's stock, valued at approximately $300,000.

Several other institutional investors have also recently bought and sold shares of the stock. Vanguard Group Inc. raised its position in Coursera by 1.3% in the 1st quarter. Vanguard Group Inc. now owns 12,306,979 shares of the company's stock worth $81,964,000 after purchasing an additional 159,820 shares during the last quarter. Deutsche Bank AG raised its position in Coursera by 7.7% in the 1st quarter. Deutsche Bank AG now owns 1,986,750 shares of the company's stock worth $13,232,000 after purchasing an additional 141,745 shares during the last quarter. Nuveen LLC bought a new position in Coursera in the 1st quarter worth approximately $7,764,000. Federated Hermes Inc. raised its position in Coursera by 125.3% in the 1st quarter. Federated Hermes Inc. now owns 1,076,727 shares of the company's stock worth $7,171,000 after purchasing an additional 598,726 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its position in Coursera by 3.6% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,041,051 shares of the company's stock worth $6,933,000 after purchasing an additional 35,981 shares during the last quarter. Institutional investors own 89.55% of the company's stock.

Insider Activity

In other news, SVP Alan B. Cardenas sold 24,631 shares of the business's stock in a transaction on 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 transaction, 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Kenneth R. Hahn sold 75,000 shares of the business's stock in a transaction on Thursday, August 14th. The shares were sold at an average price of $11.87, for a total transaction of $890,250.00. Following the completion of the transaction, the chief financial officer directly 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 position. The disclosure for this sale can be found here. Insiders sold 193,131 shares of company stock valued at $2,265,189 in the last quarter. Company insiders own 16.80% of the company's stock.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. Wall Street Zen upgraded shares of Coursera from a "hold" rating to a "buy" rating in a research report on Saturday, July 26th. Needham & Company LLC restated a "buy" rating and issued a $11.00 price objective on shares of Coursera in a research report on Monday, July 21st. JPMorgan Chase & Co. upped their target price 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. Telsey Advisory Group reiterated an "outperform" rating and set a $14.00 target price on shares of Coursera in a research report on Friday, August 15th. Finally, Morgan Stanley upped their target price 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. Seven investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $11.40.

Coursera Stock Performance

Shares of Coursera stock opened at $11.18 on Thursday. The firm has a fifty day moving average of $11.60 and a two-hundred day moving average of $9.30. The stock has a market capitalization of $1.80 billion, a price-to-earnings ratio of -33.86 and a beta of 1.40. Coursera, Inc. has a 52 week low of $5.76 and a 52 week high of $13.56.

Coursera (NYSE:COUR - Get Free Report) last announced 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 net margin of 7.05% and a negative return on equity of 5.16%. The company had revenue of $187.10 million during the quarter, compared to analyst estimates of $180.52 million. During the same quarter in the previous year, the business earned $0.09 EPS. The firm's 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. As a group, research analysts forecast that Coursera, Inc. will post -0.28 EPS for the current fiscal year.

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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