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Robeco Institutional Asset Management B.V. Buys Shares of 27,230 Coursera, Inc. $COUR

Coursera logo with Business Services background

Robeco Institutional Asset Management B.V. bought a new stake in shares of Coursera, Inc. (NYSE:COUR - Free Report) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 27,230 shares of the company's stock, valued at approximately $239,000.

A number of other large investors also recently added to or reduced their stakes in COUR. Nuveen LLC acquired a new position in Coursera during the 1st quarter valued at about $7,764,000. Pacer Advisors Inc. acquired a new stake in shares of Coursera in the 1st quarter valued at approximately $4,132,000. Federated Hermes Inc. raised 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. Ieq Capital LLC raised its position in shares of Coursera by 715.4% in the 1st quarter. Ieq Capital LLC now owns 560,945 shares of the company's stock valued at $3,736,000 after acquiring an additional 492,155 shares during the period. Finally, Cubist Systematic Strategies LLC acquired a new stake in shares of Coursera in the 1st quarter valued at approximately $2,744,000. 89.55% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Coursera

In related news, CFO Kenneth R. Hahn sold 75,000 shares of the firm's stock in a transaction on Thursday, August 14th. The shares were 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 directly owned 1,075,853 shares of the company's stock, valued at approximately $12,770,375.11. This trade represents a 6.52% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Alan B. Cardenas sold 24,631 shares of the firm's stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $11.14, for a total transaction of $274,389.34. Following the completion of the transaction, the senior vice president directly owned 258,526 shares of the company's stock, valued at $2,879,979.64. This represents a 8.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 193,131 shares of company stock valued at $2,265,189. 16.80% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

COUR has been the topic of a number of analyst reports. 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. 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. Needham & Company LLC reiterated a "buy" rating and issued a $11.00 price target on shares of Coursera in a research report on Monday, July 21st. Weiss Ratings reiterated a "sell (d-)" rating on shares of Coursera in a research report on Wednesday. Finally, Zacks Research cut Coursera from a "strong-buy" rating to a "hold" rating in a research note on Monday, August 18th. Seven investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $11.40.

Check Out Our Latest Stock Analysis on COUR

Coursera Stock Up 2.5%

Shares of COUR opened at $10.14 on Thursday. The stock has a market capitalization of $1.64 billion, a P/E ratio of -30.73 and a beta of 1.40. Coursera, Inc. has a twelve month low of $5.76 and a twelve month high of $13.56. The company has a 50 day moving average of $11.48 and a 200-day moving average of $9.42.

Coursera (NYSE:COUR - Get Free Report) last released its earnings results on Thursday, July 24th. The company reported $0.12 earnings per share 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 business had revenue of $187.10 million during the quarter, compared to analysts' expectations of $180.52 million. During the same period last year, the business earned $0.09 earnings per share. 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. On average, sell-side analysts anticipate that Coursera, Inc. will post -0.28 earnings per share for the current fiscal year.

Coursera Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Coursera (NYSE:COUR)

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