Investment Analysts’ Weekly Ratings Updates for Coursera (COUR)

Several analysts have recently updated their ratings and price targets for Coursera (NYSE: COUR):

• 10/25/2024 – Coursera had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $9.00 to $7.25. They now have a “sell” rating on the stock.
• 10/25/2024 – Coursera had its price target lowered by analysts at Cantor Fitzgerald from $22.00 to $10.00. They now have an “overweight” rating on the stock.
• 10/25/2024 – Coursera had its price target lowered by analysts at KeyCorp from $12.00 to $11.00. They now have an “overweight” rating on the stock.
• 10/25/2024 – Coursera had its price target lowered by analysts at Morgan Stanley from $15.00 to $10.00. They now have an “overweight” rating on the stock.
• 10/25/2024 – Coursera had its price target lowered by analysts at Royal Bank of Canada from $18.00 to $10.00. They now have an “outperform” rating on the stock.
• 10/25/2024 – Coursera had its price target lowered by analysts at BMO Capital Markets from $10.00 to $9.00. They now have an “outperform” rating on the stock.
• 10/25/2024 – Coursera had its price target lowered by analysts at Needham & Company LLC from $15.00 to $11.00. They now have a “buy” rating on the stock.
• 10/21/2024 – Coursera had its “outperform” rating reaffirmed by analysts at Telsey Advisory Group. They now have a $18.00 price target on the stock.
• 9/19/2024 – Coursera is now covered by analysts at Bank of America Co.. They set a “buy” rating and a $11.00 price target on the stock.

Coursera Trading Up 1.1 %

NYSE:COUR traded up $0.08 during mid-day trading on Friday, hitting $7.44. 2,326,652 shares of the company’s stock traded hands, compared to its average volume of 2,229,092. The firm has a market capitalization of $1.17 billion, a price-to-earnings ratio of -14.59 and a beta of 1.44. The firm has a 50 day moving average of $7.61 and a two-hundred day moving average of $7.96. Coursera, Inc. has a 12 month low of $6.29 and a 12 month high of $21.26.

Insider Transactions at Coursera

In related news, Director Andrew Y. Ng sold 6,221 shares of the company’s stock in a transaction on Wednesday, September 18th. The shares were sold at an average price of $8.03, for a total transaction of $49,954.63. Following the completion of the transaction, the director now directly owns 7,297,671 shares in the company, valued at $58,600,298.13. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In related news, SVP Alan B. Cardenas sold 6,285 shares of the company’s stock in a transaction on Monday, August 19th. The stock was sold at an average price of $8.27, for a total value of $51,976.95. Following the completion of the transaction, the senior vice president now directly owns 207,434 shares in the company, valued at approximately $1,715,479.18. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Andrew Y. Ng sold 6,221 shares of the stock in a transaction on Wednesday, September 18th. The shares were sold at an average price of $8.03, for a total transaction of $49,954.63. Following the completion of the transaction, the director now owns 7,297,671 shares of the company’s stock, valued at approximately $58,600,298.13. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 39,068 shares of company stock worth $324,787. Insiders own 15.90% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Mutual of America Capital Management LLC boosted its stake in Coursera by 84.5% in the first quarter. Mutual of America Capital Management LLC now owns 227,616 shares of the company’s stock valued at $3,191,000 after acquiring an additional 104,236 shares during the last quarter. Quantbot Technologies LP boosted its holdings in Coursera by 479.9% during the first quarter. Quantbot Technologies LP now owns 119,288 shares of the company’s stock worth $1,672,000 after purchasing an additional 98,718 shares during the last quarter. SG Americas Securities LLC grew its holdings in shares of Coursera by 461.8% in the 1st quarter. SG Americas Securities LLC now owns 80,360 shares of the company’s stock valued at $1,127,000 after acquiring an additional 66,056 shares in the last quarter. Swiss National Bank increased its position in shares of Coursera by 2.0% in the first quarter. Swiss National Bank now owns 195,700 shares of the company’s stock valued at $2,744,000 after acquiring an additional 3,900 shares during the last quarter. Finally, Sei Investments Co. raised its holdings in Coursera by 146.2% during the first quarter. Sei Investments Co. now owns 164,087 shares of the company’s stock worth $2,300,000 after acquiring an additional 97,448 shares in the last quarter. 89.55% of the stock is owned by institutional investors.

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.