Coursera, Inc. (NYSE:COUR) Shares Sold by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. cut its stake in shares of Coursera, Inc. (NYSE:COUR - Free Report) by 44.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 412,345 shares of the company's stock after selling 327,600 shares during the quarter. Robeco Institutional Asset Management B.V. owned about 0.27% of Coursera worth $7,987,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Daiwa Securities Group Inc. increased its holdings in shares of Coursera by 13.2% during the fourth quarter. Daiwa Securities Group Inc. now owns 4,990 shares of the company's stock valued at $97,000 after acquiring an additional 580 shares in the last quarter. Victory Capital Management Inc. increased its holdings in Coursera by 9.4% in the 3rd quarter. Victory Capital Management Inc. now owns 12,008 shares of the company's stock worth $224,000 after buying an additional 1,029 shares in the last quarter. QRG Capital Management Inc. increased its holdings in Coursera by 6.0% in the 4th quarter. QRG Capital Management Inc. now owns 20,842 shares of the company's stock worth $404,000 after buying an additional 1,181 shares in the last quarter. Aviva PLC increased its holdings in Coursera by 7.5% in the 3rd quarter. Aviva PLC now owns 23,077 shares of the company's stock worth $431,000 after buying an additional 1,607 shares in the last quarter. Finally, Harbor Capital Advisors Inc. increased its holdings in Coursera by 10.1% in the 4th quarter. Harbor Capital Advisors Inc. now owns 21,129 shares of the company's stock worth $409,000 after buying an additional 1,942 shares in the last quarter. 89.55% of the stock is currently owned by institutional investors.

Coursera Stock Up 1.5 %

Shares of COUR stock traded up $0.13 during trading hours on Monday, reaching $8.62. 2,923,158 shares of the company traded hands, compared to its average volume of 1,884,823. Coursera, Inc. has a 12-month low of $8.35 and a 12-month high of $21.26. The firm has a 50-day moving average price of $12.22 and a 200 day moving average price of $16.41.

Coursera (NYSE:COUR - Get Free Report) last posted its quarterly earnings data on Monday, April 29th. The company reported $0.07 earnings per share for the quarter, beating analysts' consensus estimates of $0.01 by $0.06. Coursera had a negative return on equity of 16.03% and a negative net margin of 16.05%. The firm had revenue of $169.10 million for the quarter, compared to analysts' expectations of $170.43 million. During the same period in the previous year, the firm earned ($0.24) EPS. The business's quarterly revenue was up 14.6% on a year-over-year basis. On average, equities research analysts forecast that Coursera, Inc. will post -0.45 EPS for the current year.

Insider Activity

In related news, SVP Alan B. Cardenas sold 5,864 shares of Coursera stock in a transaction that occurred on Tuesday, February 20th. The stock was sold at an average price of $16.54, for a total transaction of $96,990.56. Following the sale, the senior vice president now owns 167,798 shares of the company's stock, valued at approximately $2,775,378.92. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, SVP Alan B. Cardenas sold 5,864 shares of Coursera stock in a transaction that occurred on Tuesday, February 20th. The stock was sold at an average price of $16.54, for a total transaction of $96,990.56. Following the sale, the senior vice president now owns 167,798 shares of the company's stock, valued at approximately $2,775,378.92. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Andrew Y. Ng sold 50,000 shares of Coursera stock in a transaction that occurred on Tuesday, February 20th. The shares were sold at an average price of $16.49, for a total value of $824,500.00. Following the sale, the director now directly owns 7,108,074 shares in the company, valued at approximately $117,212,140.26. The disclosure for this sale can be found here. Insiders have sold a total of 573,948 shares of company stock valued at $7,912,102 in the last ninety days. Corporate insiders own 15.90% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. Needham & Company LLC reiterated a "buy" rating and issued a $15.00 price objective on shares of Coursera in a report on Friday. Cantor Fitzgerald reduced their price objective on Coursera from $26.00 to $21.00 and set an "overweight" rating for the company in a report on Tuesday, April 30th. The Goldman Sachs Group reduced their price objective on Coursera from $15.00 to $10.50 and set a "sell" rating for the company in a report on Wednesday, May 1st. KeyCorp dropped their target price on Coursera from $24.00 to $20.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 24th. Finally, Telsey Advisory Group reissued an "outperform" rating and issued a $25.00 target price on shares of Coursera in a research report on Thursday, April 25th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have given a buy rating to the company's stock. Based on data from MarketBeat.com, Coursera currently has an average rating of "Moderate Buy" and a consensus price target of $16.85.

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.