Coursera, Inc. (NYSE:COUR) Director Amanda Clark Sells 8,093 Shares

Coursera, Inc. (NYSE:COUR) Director Amanda Clark sold 8,093 shares of the firm’s stock in a transaction on Friday, May 24th. The stock was sold at an average price of $7.72, for a total value of $62,477.96. Following the completion of the transaction, the director now owns 76,266 shares in the company, valued at approximately $588,773.52. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Amanda Clark also recently made the following trade(s):

• On Wednesday, May 15th, Amanda Clark sold 1,562 shares of Coursera stock. The stock was sold at an average price of $8.92, for a total value of $13,933.04.

Coursera Stock Down 2.0 %

COUR traded down $0.16 during trading on Friday, reaching $7.69. 1,899,662 shares of the company were exchanged, compared to its average volume of 1,888,891. The company’s 50-day moving average is $11.69 and its two-hundred day moving average is $16.15. The company has a market cap of $1.20 billion, a price-to-earnings ratio of -11.45 and a beta of 1.57. Coursera, Inc. has a 12-month low of $7.66 and a 12-month high of $21.26.

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

Analyst Ratings Changes

A number of research analysts have issued reports on the company. William Blair reiterated an “outperform” rating on shares of Coursera in a research report on Friday, February 2nd. Telsey Advisory Group reiterated an “outperform” rating and issued a $25.00 target price on shares of Coursera in a research report on Thursday, April 25th. KeyCorp decreased 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. Needham & Company LLC restated a “buy” rating and set a $15.00 price target on shares of Coursera in a report on Friday, May 17th. Finally, BMO Capital Markets reduced their price target on Coursera from $20.00 to $13.00 and set an “outperform” rating on the stock in a report on Wednesday, May 1st. One research analyst has rated the stock with a sell rating, two have given a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $16.85.

Hedge Funds Weigh In On Coursera

Large investors have recently bought and sold shares of the stock. Natixis purchased a new position in shares of Coursera during the first quarter valued at approximately $35,000. DekaBank Deutsche Girozentrale purchased a new position in shares of Coursera during the third quarter valued at approximately $38,000. Covestor Ltd increased its stake in shares of Coursera by 72.9% during the first quarter. Covestor Ltd now owns 4,378 shares of the company’s stock valued at $61,000 after buying an additional 1,846 shares during the period. Daiwa Securities Group Inc. grew its stake in Coursera by 13.2% in the fourth quarter. Daiwa Securities Group Inc. now owns 4,990 shares of the company’s stock worth $97,000 after purchasing an additional 580 shares during the period. Finally, MQS Management LLC purchased a new stake in Coursera in the first quarter worth $162,000. 89.55% of the stock is owned by hedge funds and other institutional investors.

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.