Vanguard Group Inc. Acquires 159,820 Shares of Coursera, Inc. $COUR

Key Points

• Vanguard Group Inc. increased its stake in Coursera, Inc. by 1.3%, acquiring an additional 159,820 shares, bringing its total holdings to approximately 12.3 million shares, valued at about $81.96 million.
• Coursera reported earnings of $0.12 per share for the last quarter, surpassing analysts’ expectations, and achieved revenue of $187.1 million, a 9.9% increase from the same period last year.
• Despite the positive earnings report, the company's stock has a negative net margin of 7.05% and is currently rated as "Hold" with some analysts suggesting it could reach a consensus price target of $11.40.

Vanguard Group Inc. raised its position in shares of Coursera, Inc. (NYSE:COUR - Free Report) by 1.3% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 12,306,979 shares of the company's stock after purchasing an additional 159,820 shares during the quarter. Vanguard Group Inc. owned 7.64% of Coursera worth $81,964,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. ProShare Advisors LLC grew its stake in shares of 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. Blueshift Asset Management LLC bought a new position in shares of Coursera during the 1st quarter valued at approximately $1,299,000. Wealth Enhancement Advisory Services LLC grew its stake in shares of Coursera by 34.8% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 13,649 shares of the company's stock valued at $91,000 after acquiring an additional 3,521 shares during the period. Dauntless Investment Group LLC bought a new position in shares of Coursera during the 1st quarter valued at approximately $445,000. Finally, Federated Hermes Inc. grew its stake in shares of Coursera by 125.3% during 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. 89.55% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

COUR has been the subject of a number of recent research reports. Loop Capital boosted their price objective on Coursera from $12.00 to $15.00 and gave the company a "buy" rating in a research note on Friday, July 25th. UBS Group boosted their price objective on Coursera from $8.50 to $10.00 and gave the company a "neutral" rating in a research note on Friday, July 25th. Scotiabank boosted their price objective on Coursera from $9.00 to $11.00 and gave the company a "sector perform" rating in a research note on Friday, July 25th. Needham & Company LLC reiterated a "buy" rating and set a $11.00 price objective on shares of Coursera in a research note on Monday, July 21st. Finally, Cantor Fitzgerald boosted their price objective on Coursera from $10.00 to $13.00 and gave the company an "overweight" rating in a research note on Friday, July 25th. Seven equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $11.40.

Coursera Stock Performance

Shares of COUR traded up $0.33 during mid-day trading on Thursday, hitting $11.63. 1,174,180 shares of the stock were exchanged, compared to its average volume of 2,247,957. The company has a market cap of $1.88 billion, a PE ratio of -35.23 and a beta of 1.40. Coursera, Inc. has a 52-week low of $5.76 and a 52-week high of $13.56. The firm has a 50-day moving average of $10.18 and a two-hundred day moving average of $8.68.

Coursera (NYSE:COUR - Get Free Report) last issued its quarterly earnings data on Thursday, July 24th. The company reported $0.12 earnings per share (EPS) for the quarter, topping 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 business 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 for the quarter 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 predict that Coursera, Inc. will post -0.28 EPS for the current year.

Insider Buying and Selling at Coursera

In related news, CAO Michele M. Meyers sold 2,500 shares of the stock in a transaction on Friday, August 15th. The stock was sold at an average price of $11.94, for a total transaction of $29,850.00. Following the sale, the chief accounting officer owned 241,295 shares in the company, valued at approximately $2,881,062.30. This represents a 1.03% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CFO Kenneth R. Hahn sold 25,000 shares of the stock in a transaction on Friday, August 15th. The shares were sold at an average price of $11.92, for a total value of $298,000.00. Following the sale, the chief financial officer owned 1,050,853 shares in the company, valued at $12,526,167.76. The trade was a 2.32% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 115,000 shares of company stock worth $1,363,100 in the last 90 days. 16.80% of the stock is currently owned by insiders.

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.