Strs Ohio Makes New $250,000 Investment in Coursera, Inc. $COUR

Key Points

• Strs Ohio has invested $250,000 in Coursera, acquiring 37,500 shares in the first quarter, indicating strong institutional interest in the education technology firm.
• Several analysts have recently upgraded their price targets for Coursera, with estimates ranging from $10.00 to $15.00, highlighting a generally positive outlook from market analysts.
• Coursera reported earnings exceeding expectations, with a revenue of $187.10 million for the quarter, reflecting a 9.9% year-over-year increase.

Strs Ohio bought a new stake in Coursera, Inc. (NYSE:COUR - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 37,500 shares of the company's stock, valued at approximately $250,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of COUR. ProShare Advisors LLC increased its holdings in Coursera by 49.0% during the 4th quarter. ProShare Advisors LLC now owns 38,746 shares of the company's stock valued at $329,000 after purchasing an additional 12,749 shares during the period. State of Wyoming grew its holdings in shares of Coursera by 959.1% during the 4th quarter. State of Wyoming now owns 3,887 shares of the company's stock worth $33,000 after acquiring an additional 3,520 shares during the period. Squarepoint Ops LLC grew its stake in shares of Coursera by 51.5% in the 4th quarter. Squarepoint Ops LLC now owns 154,730 shares of the company's stock worth $1,315,000 after buying an additional 52,621 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Coursera by 0.9% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,662,492 shares of the company's stock worth $14,131,000 after buying an additional 14,873 shares during the last quarter. Finally, Mackenzie Financial Corp purchased a new stake in shares of Coursera in the 4th quarter worth approximately $1,066,000. Institutional investors own 89.55% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on COUR shares. Scotiabank upped their price target on Coursera from $9.00 to $11.00 and gave the stock a "sector perform" rating in a research note on Friday, July 25th. Wall Street Zen upgraded Coursera from a "hold" rating to a "buy" rating in a research note on Saturday, July 26th. Cantor Fitzgerald reiterated an "overweight" rating and set a $13.00 target price on shares of Coursera in a research note on Thursday, September 11th. Loop Capital increased their target price on Coursera from $12.00 to $15.00 and gave the company a "buy" rating in a research note on Friday, July 25th. Finally, UBS Group increased their target price on Coursera from $8.50 to $10.00 and gave the company a "neutral" rating in a research note on Friday, July 25th. Seven investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, Coursera has an average rating of "Hold" and a consensus price target of $11.40.

Coursera Price Performance

NYSE COUR opened at $11.82 on Thursday. The business's fifty day moving average price is $11.32 and its 200-day moving average price is $9.14. The stock has a market capitalization of $1.91 billion, a price-to-earnings ratio of -35.80 and a beta of 1.40. Coursera, Inc. has a 1-year low of $5.76 and a 1-year high of $13.56.

Coursera (NYSE:COUR - Get Free Report) last released its quarterly 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 return on equity of 5.16% and a negative net margin of 7.05%.The firm had revenue of $187.10 million for the quarter, compared to analysts' expectations of $180.52 million. During the same period in the prior year, the firm earned $0.09 EPS. The company'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. Equities research analysts anticipate that Coursera, Inc. will post -0.28 EPS for the current year.

Insider Buying and Selling

In related news, CFO Kenneth R. Hahn sold 75,000 shares of the firm's stock in a transaction 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 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Michele M. Meyers sold 12,500 shares of the stock in a transaction 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 completion of the sale, the chief accounting officer owned 253,351 shares of the company's stock, valued at $2,938,871.60. The trade was a 4.70% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 193,131 shares of company stock valued at $2,265,189. 16.80% of the stock is owned by company insiders.

Coursera 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.

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