Jump Financial LLC Has $1.61 Million Stake 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 lifted its position in shares of Coursera, Inc. (NYSE:COUR - Free Report) by 13.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 241,513 shares of the company's stock after purchasing an additional 27,760 shares during the quarter. Jump Financial LLC owned 0.15% of Coursera worth $1,608,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in COUR. LPL Financial LLC bought a new position in shares of Coursera during the fourth quarter worth $142,000. Wells Fargo & Company MN boosted its position in shares of Coursera by 49.3% during the fourth quarter. Wells Fargo & Company MN now owns 64,545 shares of the company's stock worth $549,000 after purchasing an additional 21,315 shares in the last quarter. Renaissance Technologies LLC bought a new position in shares of Coursera during the fourth quarter worth $390,000. MetLife Investment Management LLC raised its holdings in shares of Coursera by 6.0% during the fourth quarter. MetLife Investment Management LLC now owns 85,185 shares of the company's stock worth $724,000 after acquiring an additional 4,784 shares during the period. Finally, State of Tennessee Department of Treasury acquired a new stake in shares of Coursera during the fourth quarter worth $156,000. 89.55% of the stock is owned by institutional investors.

Insider Activity

In other Coursera news, CAO Michele M. Meyers sold 2,500 shares of Coursera stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $11.94, for a total value of $29,850.00. Following the completion of the sale, the chief accounting officer owned 241,295 shares in the company, valued at $2,881,062.30. The trade was a 1.03% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Kenneth R. Hahn sold 25,000 shares of Coursera stock in a transaction dated Friday, August 15th. The stock was sold at an average price of $11.92, for a total transaction of $298,000.00. Following the completion of the sale, the chief financial officer owned 1,050,853 shares of the company's stock, valued at $12,526,167.76. This trade represents a 2.32% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 115,000 shares of company stock valued at $1,363,100 in the last quarter. Corporate insiders own 16.80% of the company's stock.

Coursera Stock Performance

Shares of COUR stock traded down $0.59 during midday trading on Tuesday, hitting $10.92. 1,180,946 shares of the company were exchanged, compared to its average volume of 2,250,076. The firm has a market capitalization of $1.76 billion, a P/E ratio of -32.95 and a beta of 1.40. The firm's 50 day moving average price is $10.37 and its two-hundred day moving average price is $8.76. 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 earnings results on Thursday, July 24th. The company reported $0.12 EPS for the quarter, topping the consensus estimate of $0.09 by $0.03. The business had revenue of $187.10 million during 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%. Coursera's revenue was up 9.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.09 EPS. Coursera has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Analysts expect that Coursera, Inc. will post -0.28 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts recently commented on COUR shares. Scotiabank raised their price objective on shares of Coursera from $9.00 to $11.00 and gave the stock a "sector perform" rating in a report on Friday, July 25th. KeyCorp reiterated an "overweight" rating and issued a $12.00 price target (up from $11.00) on shares of Coursera in a research note on Friday, July 25th. Cantor Fitzgerald lifted their price target 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. UBS Group lifted their price target on shares of Coursera from $8.50 to $10.00 and gave the company a "neutral" rating in a research note on Friday, July 25th. Finally, Bank of America upgraded shares of Coursera from an "underperform" rating to a "neutral" rating and lifted their price target for the company from $7.00 to $12.00 in a research note 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 issued a Sell rating to the company's stock. According to MarketBeat, Coursera currently has a consensus rating of "Hold" and a consensus price target of $11.40.

Coursera Company 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.