Insider Selling: Coursera (NYSE:COUR) CAO Sells 3,500 Shares of Stock

Key Points

• Coursera's CAO Michele Meyers sold 3,500 shares at an average price of $10.27, totaling approximately $35,945, reducing her ownership by 1.47%.
• Shares of Coursera are currently trading at $10.65, showing a significant increase of 6.1% recently, with a market cap of $1.72 billion.
• Analysts have mixed ratings on Coursera, with the stock receiving seven Buy ratings, six Hold ratings, and two Sell ratings, and an average price target of $11.63.

Coursera, Inc. (NYSE:COUR - Get Free Report) CAO Michele Meyers sold 3,500 shares of the firm's stock in a transaction dated Thursday, October 16th. The stock was sold at an average price of $10.27, for a total transaction of $35,945.00. Following the completion of the transaction, the chief accounting officer owned 234,295 shares of the company's stock, valued at approximately $2,406,209.65. The trade was a 1.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Coursera Trading Up 6.1%

Shares of COUR traded up $0.62 during midday trading on Monday, hitting $10.65. The stock had a trading volume of 2,283,228 shares, compared to its average volume of 2,308,071. Coursera, Inc. has a fifty-two week low of $5.76 and a fifty-two week high of $13.56. The business has a 50-day simple moving average of $11.17 and a two-hundred day simple moving average of $9.61. The firm has a market cap of $1.72 billion, a P/E ratio of -32.26 and a beta of 1.40.

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

Institutional Investors Weigh In On Coursera

A number of large investors have recently made changes to their positions in the stock. Norges Bank acquired a new position in Coursera in the second quarter valued at approximately $15,435,000. Nuveen LLC acquired a new position in Coursera in the first quarter valued at approximately $7,764,000. Lazard Asset Management LLC lifted its holdings in Coursera by 260.7% in the second quarter. Lazard Asset Management LLC now owns 1,259,227 shares of the company's stock valued at $11,030,000 after acquiring an additional 910,123 shares during the last quarter. Acadian Asset Management LLC lifted its holdings in Coursera by 125.4% in the second quarter. Acadian Asset Management LLC now owns 1,466,353 shares of the company's stock valued at $12,833,000 after acquiring an additional 815,745 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership acquired a new position in Coursera in the second quarter valued at approximately $5,863,000. 89.55% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have recently issued reports on COUR shares. Bank of America raised shares of Coursera from an "underperform" rating to a "neutral" rating and increased their price target for the stock from $7.00 to $12.00 in a research report on Friday, July 25th. UBS Group increased their price target on shares of Coursera from $8.50 to $10.00 and gave the stock a "neutral" rating in a research report on Friday, July 25th. JPMorgan Chase & Co. increased their price target 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 reissued an "overweight" rating and issued a $13.00 price target on shares of Coursera in a research report on Thursday, September 11th. Finally, Telsey Advisory Group reissued an "outperform" rating and issued a $14.00 price target on shares of Coursera in a research report on Friday, October 3rd. Seven research analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock has an average rating of "Hold" and an average price target of $11.63.

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.

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