Coursera, Inc. (COUR) – What Are Researchers Saying About This Stock?

Shares of Coursera, Inc. (NYSE:COUR) have been given a consensus rating of “Moderate Buy” by the twelve brokerages that are covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and seven have assigned a buy recommendation to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $8.36.

Several equities analysts have issued reports on the stock. Bank of America decreased their price target on shares of Coursera from $8.00 to $7.00 and set a “neutral” rating for the company in a research report on Tuesday, June 30th. Zacks Research lowered shares of Coursera from a “strong-buy” rating to a “hold” rating in a report on Monday, August 24th. Wall Street Zen upgraded shares of Coursera from a “hold” rating to a “buy” rating in a report on Saturday, September 19th. BMO Capital Markets reduced their price objective 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. Finally, KeyCorp reissued an “overweight” rating on shares of Coursera in a research note on Wednesday, June 24th.

Coursera Stock Performance

Shares of NYSE:COUR opened at $4.97 on Friday. The company has a fifty day moving average of $5.43 and a 200-day moving average of $5.58. The company has a market capitalization of $1.32 billion, a PE ratio of -7.43, a price-to-earnings-growth ratio of 0.52 and a beta of 1.24. Coursera has a 52-week low of $4.53 and a 52-week high of $10.77.

Coursera (NYSE:COUR) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $0.17 EPS for the quarter, beating analysts’ consensus estimates of $0.10 by $0.07. The company had revenue of $298.60 million during the quarter, compared to analysts’ expectations of $293.61 million. Coursera had a negative return on equity of 1.72% and a negative net margin of 15.39%. Coursera’s revenue was up 59.6% compared to the same quarter last year. During the same period in the prior year, the company earned $0.12 EPS. On average, equities analysts forecast that Coursera will post 0.20 EPS for the current fiscal year.

Insider Buying and Selling

In other Coursera news, CEO Gregory Hart sold 10,308 shares of Coursera stock in a transaction dated Thursday, October 1st. The stock was sold at an average price of $5.11, for a total transaction of $52,673.88. Following the transaction, the chief executive officer directly owned 1,539,003 shares of the company’s stock, valued at approximately $7,864,305.33. The trade was a 0.67% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder Pale Fire Capital Se purchased 1,332,742 shares of Coursera stock in a transaction on Friday, September 25th. The stock was bought at an average price of $5.06 per share, for a total transaction of $6,743,674.52. Following the transaction, the insider directly owned 27,806,415 shares in the company, valued at approximately $140,700,459.90. The trade was a 5.03% increase in their position. The disclosure for this purchase is available in the SEC filing. 16.30% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Coursera

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Counterpoint Mutual Funds LLC bought a new stake in Coursera in the third quarter valued at approximately $551,000. State of Alaska Department of Revenue increased its position in Coursera by 15.5% during the 3rd quarter. State of Alaska Department of Revenue now owns 111,632 shares of the company’s stock valued at $553,000 after purchasing an additional 15,000 shares during the period. Farther Finance Advisors LLC raised its holdings in Coursera by 54.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 7,602 shares of the company’s stock worth $38,000 after purchasing an additional 2,672 shares during the last quarter. Byrne Asset Management LLC bought a new position in Coursera during the 3rd quarter worth approximately $247,000. Finally, Engineers Gate Manager LP raised its holdings in Coursera by 9.0% during the 2nd quarter. Engineers Gate Manager LP now owns 298,975 shares of the company’s stock worth $1,686,000 after purchasing an additional 24,686 shares during the last quarter. 89.55% of the stock is owned by institutional investors and hedge funds.

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.