Insider Selling: Coursera (NYSE:COUR) CFO Sells 29,636 Shares of Stock

Key Points

• Coursera's CFO, Kenneth Hahn, sold 29,636 shares of the company's stock at an average price of $11.97, resulting in a total transaction worth approximately $354,742.92.
• The company's stock price dropped by 11.9% to $10.53 following the insider sale, with a significant trading volume of 3,656,377 shares.
• Coursera reported quarterly earnings of $0.12 EPS, exceeding analysts' expectations, with revenue increasing 9.9% year-over-year to $187.10 million.

Coursera, Inc. (NYSE:COUR - Get Free Report) CFO Kenneth Hahn sold 29,636 shares of Coursera stock in a transaction that occurred on Tuesday, September 9th. The stock was sold at an average price of $11.97, for a total transaction of $354,742.92. Following the completion of the transaction, the chief financial officer owned 954,047 shares in the company, valued at approximately $11,419,942.59. This trade represents a 3.01% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Coursera Stock Down 11.9%

Coursera stock traded down $1.43 during mid-day trading on Wednesday, hitting $10.53. The company's stock had a trading volume of 3,656,377 shares, compared to its average volume of 2,266,013. The stock has a market capitalization of $1.70 billion, a P/E ratio of -31.89 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 stock's fifty day moving average price is $10.70 and its two-hundred day moving average price is $8.88.

Coursera (NYSE:COUR - Get Free Report) last posted its quarterly earnings data on Thursday, July 24th. The company reported $0.12 EPS for the quarter, topping 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 5.16%. The firm had revenue of $187.10 million during the quarter, compared to analyst estimates of $180.52 million. During the same quarter last year, the business posted $0.09 EPS. The company'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. Equities analysts expect that Coursera, Inc. will post -0.28 earnings per share for the current year.

Institutional Investors Weigh In On Coursera

A number of institutional investors have recently modified their holdings of the stock. The Manufacturers Life Insurance Company boosted its stake in shares of Coursera by 1.5% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 70,852 shares of the company's stock valued at $621,000 after buying an additional 1,027 shares during the period. Teacher Retirement System of Texas boosted its stake in shares of Coursera by 5.6% during the 2nd quarter. Teacher Retirement System of Texas now owns 20,782 shares of the company's stock valued at $182,000 after buying an additional 1,110 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Coursera by 1.8% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 101,948 shares of the company's stock valued at $867,000 after buying an additional 1,785 shares during the period. Nisa Investment Advisors LLC lifted its stake in shares of Coursera by 102.9% in the 2nd quarter. Nisa Investment Advisors LLC now owns 3,652 shares of the company's stock valued at $32,000 after purchasing an additional 1,852 shares during the last quarter. Finally, CWM LLC lifted its stake in shares of Coursera by 13.7% in the 1st quarter. CWM LLC now owns 23,794 shares of the company's stock valued at $158,000 after purchasing an additional 2,872 shares during the last quarter. Institutional investors and hedge funds own 89.55% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts recently commented on COUR shares. Loop Capital raised their price objective on shares of Coursera from $12.00 to $15.00 and gave the stock a "buy" rating in a research note on Friday, July 25th. Wall Street Zen raised shares of Coursera from a "hold" rating to a "buy" rating in a research note on Saturday, July 26th. KeyCorp reaffirmed an "overweight" rating and issued a $12.00 price objective (up previously from $11.00) on shares of Coursera in a research note on Friday, July 25th. UBS Group raised their price objective on shares of Coursera from $8.50 to $10.00 and gave the stock a "neutral" rating in a research note on Friday, July 25th. Finally, Zacks Research lowered shares of Coursera from a "strong-buy" rating to a "hold" rating in a research note on Monday, August 18th. Seven analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $11.40.

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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