Coursera (NYSE:COUR) Stock: Insider Gregory Hart Sells 10,305 Shares

Coursera, Inc. (NYSE:COUR) CEO Gregory Hart sold 10,305 shares of Coursera stock in a transaction on Monday, November 2nd. The shares were sold at an average price of $3.59, for a total value of $36,994.95. Following the completion of the sale, the chief executive officer directly owned 1,528,698 shares of the company’s stock, valued at $5,488,025.82. This trade represents a 0.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Coursera Stock Up 5.8%

COUR stock opened at $3.92 on Thursday. Coursera, Inc. has a twelve month low of $3.45 and a twelve month high of $8.89. The company has a market cap of $1.04 billion, a P/E ratio of -5.45, a PEG ratio of 1.11 and a beta of 1.26. The business has a fifty day moving average of $5.14 and a 200-day moving average of $5.65.

Coursera (NYSE:COUR) last posted its quarterly earnings results on Thursday, October 29th. The company reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.03. The business had revenue of $376.70 million for the quarter, compared to analysts’ expectations of $368.52 million. Coursera had a positive return on equity of 3.47% and a negative net margin of 14.35%. The firm’s quarterly revenue was up 94.0% compared to the same quarter last year. During the same quarter last year, the business earned $0.10 earnings per share. As a group, equities research analysts anticipate that Coursera, Inc. will post 0.17 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Coursera

Several hedge funds have recently added to or reduced their stakes in the stock. Bank of America Corp DE acquired a new stake in Coursera during the 2nd quarter worth $7,887,000. Deutsche Bank AG bought a new stake in shares of Coursera in the second quarter worth about $9,848,000. OMERS ADMINISTRATION Corp acquired a new stake in shares of Coursera during the second quarter worth about $1,579,000. Readystate Asset Management LP raised its position in shares of Coursera by 259.2% during the second quarter. Readystate Asset Management LP now owns 4,027,181 shares of the company’s stock worth $22,713,000 after purchasing an additional 2,906,101 shares during the period. Finally, Great Lakes Advisors LLC bought a new position in shares of Coursera during the 2nd quarter valued at about $3,262,000. Institutional investors and hedge funds own 89.55% of the company’s stock.

Coursera News Summary

Here are the key news stories impacting Coursera this week:

• Positive Sentiment: Zacks Research upgraded Coursera from “hold” to “strong-buy,” a positive shift in analyst sentiment. Zacks Research ratings
• Neutral Sentiment: Goldman Sachs reportedly maintained a “hold” rating, indicating a more cautious stance rather than a clear bullish or bearish call. Goldman Sachs rating
• Neutral Sentiment: A valuation article argues Coursera could be undervalued, but also flags that sales growth has come alongside widening losses. Recent quarterly results in the provided background showed revenue and EPS above analyst estimates, though the company remains unprofitable. Sales growth and losses analysis
• Negative Sentiment: Coursera’s consensus price target was cut nearly 30% to $5.67, reflecting reduced expectations among analysts despite the target remaining above the share price cited in the reports. Price-target cut report
• Negative Sentiment: CEO Gregory Hart sold 10,305 shares for about $37,000. The sale reduced his direct holdings by 0.67%; he still owns more than 1.5 million shares, making the transaction relatively small but a potential sentiment concern. Insider sale report

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the stock. BMO Capital Markets reduced their target price on shares of Coursera from $8.00 to $6.00 and set an “outperform” rating on the stock in a research note on Monday, October 5th. JPMorgan Chase & Co. downgraded shares of Coursera from an “overweight” rating to a “neutral” rating and dropped their price target for the stock from $8.00 to $5.00 in a research note on Friday, October 30th. Wall Street Zen lowered shares of Coursera from a “buy” rating to a “hold” rating in a report on Saturday, October 31st. Telsey Advisory Group cut their price objective on shares of Coursera from $10.00 to $7.00 and set an “outperform” rating on the stock in a report on Friday, October 30th. Finally, Scotiabank reduced their price objective on shares of Coursera from $7.00 to $4.50 and set a “sector perform” rating on the stock in a research note on Friday, October 30th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Coursera has an average rating of “Hold” and an average target price of $6.36.

About Coursera

Coursera, Inc is an online learning platform that provides access to courses, professional certificates, guided projects, and degree programs. The company works with universities, colleges, and industry partners to offer content in areas such as business, technology, data science, computer science, and personal development.

Coursera serves individual learners, businesses, governments, and academic institutions in countries around the world. Its enterprise and government offerings support employee training, workforce development, and large-scale education initiatives, while its consumer platform allows learners to enroll in individual courses or broader credential and degree programs.

Coursera was founded in 2012 by computer-science professors Andrew Ng and Daphne Koller.