Nuveen LLC Invests $7.76 Million in Coursera, Inc. $COUR

Key Points

• Nuveen LLC invested $7.76 million in Coursera, acquiring over 1.16 million shares, representing 0.72% of the company.
• Analysts have raised price targets for Coursera, with a consensus target of **$11.40** and ratings ranging from "Buy" to "Hold."
• Insider trading activity noted a significant sale by CFO Kenneth R. Hahn of 75,000 shares, reducing his ownership in the company by **6.52%**.

Nuveen LLC purchased a new stake in Coursera, Inc. (NYSE:COUR - Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 1,165,777 shares of the company's stock, valued at approximately $7,764,000. Nuveen LLC owned about 0.72% of Coursera at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of COUR. Two Sigma Investments LP bought a new position in shares of Coursera in the 4th quarter valued at about $8,710,000. Ameriprise Financial Inc. grew its position in shares of Coursera by 253.1% in the 4th quarter. Ameriprise Financial Inc. now owns 1,424,354 shares of the company's stock valued at $12,107,000 after acquiring an additional 1,020,969 shares during the period. BNP Paribas Financial Markets bought a new position in shares of Coursera in the 4th quarter valued at about $6,612,000. Pacer Advisors Inc. bought a new position in shares of Coursera in the 1st quarter valued at about $4,132,000. Finally, Federated Hermes Inc. grew its position in shares of Coursera by 125.3% in the 1st quarter. Federated Hermes Inc. now owns 1,076,727 shares of the company's stock valued at $7,171,000 after acquiring an additional 598,726 shares during the period. Institutional investors own 89.55% of the company's stock.

Insider Transactions at Coursera

In other Coursera news, CFO Kenneth R. Hahn sold 25,000 shares of the business's stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $11.92, for a total value 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. The trade was a 2.32% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CAO Michele M. Meyers sold 2,500 shares of the business's stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $11.94, for a total transaction of $29,850.00. Following the completion of the sale, the chief accounting officer directly owned 241,295 shares of the company's stock, valued at $2,881,062.30. This represents a 1.03% 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 three months. Insiders own 16.80% of the company's stock.

Coursera Trading Down 1.0%

NYSE COUR traded down $0.12 during trading on Friday, reaching $11.50. The company's stock had a trading volume of 2,206,830 shares, compared to its average volume of 2,782,665. The firm has a market capitalization of $1.86 billion, a price-to-earnings ratio of -34.83 and a beta of 1.40. Coursera, Inc. has a 12 month low of $5.76 and a 12 month high of $13.56. The firm has a 50 day moving average price of $10.31 and a 200 day moving average price of $8.74.

Coursera (NYSE:COUR - Get Free Report) last posted its quarterly earnings data on Thursday, July 24th. The company reported $0.12 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.09 by $0.03. The firm 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%. The business's revenue for the quarter 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. On average, equities analysts forecast that Coursera, Inc. will post -0.28 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on COUR shares. Wall Street Zen raised shares of Coursera from a "hold" rating to a "buy" rating in a research report on Saturday, July 26th. Royal Bank Of Canada lifted their price objective on shares of Coursera from $10.00 to $13.00 and gave the company an "outperform" rating in a research report on Friday, July 25th. KeyCorp reaffirmed an "overweight" rating and set a $12.00 target price (up previously from $11.00) on shares of Coursera in a report on Friday, July 25th. Bank of America raised shares of Coursera from an "underperform" rating to a "neutral" rating and lifted their target price for the stock from $7.00 to $12.00 in a report on Friday, July 25th. Finally, Scotiabank lifted their target price 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. Seven research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Coursera has an average rating of "Hold" and an average price target 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.