Jump Financial LLC Makes New $3.01 Million Investment in Coursera, Inc. (NYSE:COUR)

Jump Financial LLC acquired a new position in Coursera, Inc. (NYSE:COUR - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 155,598 shares of the company's stock, valued at approximately $3,014,000. Jump Financial LLC owned 0.10% of Coursera at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Baillie Gifford & Co. increased its position in Coursera by 43.1% during the 3rd quarter. Baillie Gifford & Co. now owns 25,827,187 shares of the company's stock valued at $482,710,000 after buying an additional 7,773,508 shares in the last quarter. Emory University bought a new position in shares of Coursera during the fourth quarter valued at $17,893,000. Vanguard Group Inc. raised its position in shares of Coursera by 5.7% in the 3rd quarter. Vanguard Group Inc. now owns 10,614,794 shares of the company's stock worth $198,390,000 after purchasing an additional 570,177 shares during the last quarter. Essex Investment Management Co. LLC bought a new position in Coursera in the 3rd quarter worth about $7,572,000. Finally, Federated Hermes Inc. purchased a new stake in Coursera during the 3rd quarter valued at about $7,071,000. 89.55% of the stock is owned by institutional investors.

Insider Buying and Selling at Coursera

In related news, COO Shravan Goli sold 35,450 shares of the stock in a transaction that occurred on Tuesday, February 20th. The shares were sold at an average price of $16.48, for a total value of $584,216.00. Following the completion of the sale, the chief operating officer now directly owns 737,641 shares of the company's stock, valued at approximately $12,156,323.68. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, COO Shravan Goli sold 35,450 shares of Coursera stock in a transaction on Tuesday, February 20th. The shares were sold at an average price of $16.48, for a total transaction of $584,216.00. Following the transaction, the chief operating officer now owns 737,641 shares in the company, valued at approximately $12,156,323.68. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Kenneth R. Hahn sold 25,000 shares of the stock in a transaction on Wednesday, February 14th. The stock was sold at an average price of $17.01, for a total value of $425,250.00. Following the completion of the sale, the chief financial officer now owns 532,715 shares of the company's stock, valued at approximately $9,061,482.15. The disclosure for this sale can be found here. Over the last quarter, insiders sold 645,205 shares of company stock valued at $9,181,281. Company insiders own 16.30% of the company's stock.

Coursera Price Performance

Shares of NYSE:COUR traded down $0.31 during trading on Friday, hitting $8.83. The company's stock had a trading volume of 1,586,087 shares, compared to its average volume of 2,808,577. The company has a 50-day moving average of $12.85 and a 200-day moving average of $16.71. The firm has a market cap of $1.38 billion, a price-to-earnings ratio of -12.80 and a beta of 1.57. Coursera, Inc. has a 12 month low of $8.80 and a 12 month high of $21.26.

Coursera (NYSE:COUR - Get Free Report) last issued its quarterly earnings results on Monday, April 29th. The company reported $0.07 earnings per share for the quarter, topping the consensus estimate of $0.01 by $0.06. The business had revenue of $169.10 million for the quarter, compared to analysts' expectations of $170.43 million. Coursera had a negative net margin of 16.05% and a negative return on equity of 16.03%. The company's revenue was up 14.6% compared to the same quarter last year. During the same quarter last year, the company posted ($0.24) EPS. As a group, research analysts anticipate that Coursera, Inc. will post -0.45 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on COUR. The Goldman Sachs Group decreased their target price on shares of Coursera from $15.00 to $10.50 and set a "sell" rating for the company in a report on Wednesday, May 1st. Cantor Fitzgerald reduced their target price on Coursera from $26.00 to $21.00 and set an "overweight" rating for the company in a report on Tuesday, April 30th. KeyCorp decreased their price target on Coursera from $24.00 to $20.00 and set an "overweight" rating for the company in a research note on Wednesday, April 24th. Truist Financial dropped their price objective on Coursera from $20.00 to $12.00 and set a "hold" rating on the stock in a research report on Tuesday, April 30th. Finally, BMO Capital Markets decreased their target price on Coursera from $20.00 to $13.00 and set an "outperform" rating for the company in a research report on Wednesday, May 1st. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $16.85.

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.