Universal Beteiligungs und Servicegesellschaft mbH Has $3.51 Million Stake in Coursera, Inc. (NYSE:COUR)

Universal Beteiligungs und Servicegesellschaft mbH reduced its holdings in Coursera, Inc. (NYSE:COUR - Free Report) by 7.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 527,153 shares of the company's stock after selling 44,226 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.33% of Coursera worth $3,511,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of COUR. Bailard Inc. lifted its position in Coursera by 16.9% in the 1st quarter. Bailard Inc. now owns 104,502 shares of the company's stock worth $696,000 after buying an additional 15,102 shares in the last quarter. Victory Capital Management Inc. lifted its position in Coursera by 111.3% in the 1st quarter. Victory Capital Management Inc. now owns 226,766 shares of the company's stock worth $1,510,000 after buying an additional 119,452 shares in the last quarter. CWM LLC lifted its position in Coursera by 13.7% in the 1st quarter. CWM LLC now owns 23,794 shares of the company's stock worth $158,000 after buying an additional 2,872 shares in the last quarter. Xponance Inc. purchased a new stake in Coursera in the 1st quarter worth approximately $69,000. Finally, Cerity Partners LLC lifted its position in Coursera by 23.6% in the 1st quarter. Cerity Partners LLC now owns 31,560 shares of the company's stock worth $210,000 after buying an additional 6,021 shares in the last quarter. 89.55% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, SVP Alan B. Cardenas sold 6,101 shares of the firm's stock in a transaction on Tuesday, May 20th. The shares were sold at an average price of $8.65, for a total value of $52,773.65. Following the transaction, the senior vice president directly owned 293,368 shares in the company, valued at approximately $2,537,633.20. This trade represents a 2.04% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CAO Michele M. Meyers sold 12,500 shares of the firm's stock in a transaction on Friday, July 25th. The shares were sold at an average price of $11.60, for a total transaction of $145,000.00. Following the completion of the transaction, the chief accounting officer owned 253,351 shares in the company, valued at $2,938,871.60. The trade was a 4.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 37,270 shares of company stock valued at $356,087. 16.80% of the stock is owned by corporate insiders.

Coursera Stock Down 3.4%

Shares of COUR traded down $0.44 during mid-day trading on Friday, hitting $12.20. 2,203,831 shares of the company's stock were exchanged, compared to its average volume of 2,183,338. The firm has a fifty day moving average of $9.01 and a two-hundred day moving average of $8.25. Coursera, Inc. has a twelve month low of $5.76 and a twelve month high of $13.56. The stock has a market cap of $1.97 billion, a price-to-earnings ratio of -37.04 and a beta of 1.36.

Coursera (NYSE:COUR - Get Free Report) last posted its earnings results 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. Coursera had a negative net margin of 7.05% and a negative return on equity of 5.22%. The business had revenue of $187.10 million for the quarter, compared to analyst estimates of $180.52 million. During the same period last year, the business posted $0.09 EPS. Coursera's revenue was up 9.9% compared to the same quarter last year. On average, equities analysts predict that Coursera, Inc. will post -0.28 earnings per share for the current year.

Analyst Ratings Changes

COUR has been the subject of a number of research analyst reports. Morgan Stanley increased their target price 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. JPMorgan Chase & Co. increased their target price on shares of Coursera from $8.00 to $9.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 16th. Cantor Fitzgerald increased their target price on shares of Coursera from $10.00 to $13.00 and gave the stock an "overweight" rating in a research report on Friday, July 25th. Telsey Advisory Group reiterated an "outperform" rating and issued a $12.00 target price on shares of Coursera in a research report on Monday, July 21st. Finally, Bank of America upgraded shares of Coursera from an "underperform" rating to a "neutral" rating and increased their target price for the stock from $7.00 to $12.00 in a research report on Friday, July 25th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $11.25.

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.