Jump Financial LLC Has $1.61 Million Stock Holdings in Coursera, Inc. $COUR

Key Points

• Jump Financial LLC increased its stake in Coursera, Inc. by 13.0%, owning a total of 241,513 shares worth approximately $1.6 million as of the latest SEC filing.
• Multiple institutional investors, including Vanguard Group and Deutsche Bank AG, have also boosted their positions in Coursera during the first quarter, indicating strong institutional interest in the stock.
• Analysts have set a consensus price target of $11.40 for Coursera, with ratings ranging from Buy to Hold, reflecting varied opinions on the stock's future performance.

Jump Financial LLC raised its position in Coursera, Inc. (NYSE:COUR - Free Report) by 13.0% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 241,513 shares of the company's stock after acquiring an additional 27,760 shares during the period. Jump Financial LLC owned approximately 0.15% of Coursera worth $1,608,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in COUR. State of Wyoming increased its holdings in shares of Coursera by 959.1% in the 4th quarter. State of Wyoming now owns 3,887 shares of the company's stock valued at $33,000 after purchasing an additional 3,520 shares in the last quarter. Xponance Inc. purchased a new stake in Coursera in the first quarter valued at approximately $69,000. Pallas Capital Advisors LLC purchased a new stake in Coursera in the first quarter valued at approximately $71,000. Inspire Advisors LLC acquired a new position in Coursera during the first quarter valued at approximately $75,000. Finally, Wealth Enhancement Advisory Services LLC acquired a new position in Coursera during the fourth quarter valued at approximately $86,000. Hedge funds and other institutional investors own 89.55% of the company's stock.

Insider Buying and Selling

In related news, CAO Michele M. Meyers sold 12,500 shares of the stock in a transaction that occurred on Friday, July 25th. The stock was sold at an average price of $11.60, for a total value of $145,000.00. Following the transaction, the chief accounting officer owned 253,351 shares in the company, valued at approximately $2,938,871.60. This represents a 4.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 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 value of $890,250.00. Following the completion of the transaction, the chief financial officer owned 1,075,853 shares in the company, valued at $12,770,375.11. This represents a 6.52% decrease in their position. The disclosure for this sale can be found here. Insiders sold 115,000 shares of company stock worth $1,363,100 in the last 90 days. 16.80% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

COUR has been the topic of several recent analyst reports. KeyCorp reaffirmed an "overweight" rating and issued a $12.00 price target (up from $11.00) on shares of Coursera in a report on Friday, July 25th. Cantor Fitzgerald boosted their target price on shares of Coursera from $10.00 to $13.00 and gave the company an "overweight" rating in a research note on Friday, July 25th. Morgan Stanley upped their price target on shares of Coursera from $11.00 to $12.00 and gave the stock an "equal weight" rating in a research report on Friday, July 25th. Telsey Advisory Group restated an "outperform" rating and set a $14.00 price target on shares of Coursera in a research report on Friday, August 15th. Finally, UBS Group increased their target price on shares of Coursera from $8.50 to $10.00 and gave the company a "neutral" rating in a research report on Friday, July 25th. Seven equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, Coursera currently has an average rating of "Hold" and an average target price of $11.40.

Coursera Stock Performance

Shares of NYSE COUR traded up $0.03 during mid-day trading on Wednesday, reaching $11.08. The company had a trading volume of 275,149 shares, compared to its average volume of 2,249,140. The stock has a fifty day moving average of $10.42 and a two-hundred day moving average of $8.78. The company has a market capitalization of $1.79 billion, a price-to-earnings ratio of -33.59 and a beta of 1.40. Coursera, Inc. has a 12-month low of $5.76 and a 12-month high of $13.56.

Coursera (NYSE:COUR - Get Free Report) last posted its quarterly earnings results on Thursday, July 24th. The company reported $0.12 earnings per share (EPS) for the quarter, topping 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 during the quarter, compared to analyst estimates of $180.52 million. During the same period in the prior year, the firm earned $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. Sell-side analysts forecast that Coursera, Inc. will post -0.28 earnings per share 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.