Fox Run Management L.L.C. Acquires 61,872 Shares of Coursera, Inc. (NYSE:COUR)

Fox Run Management L.L.C. increased its holdings in shares of Coursera, Inc. (NYSE:COUR) by 457.2% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 75,405 shares of the company’s stock after purchasing an additional 61,872 shares during the period. Fox Run Management L.L.C.’s holdings in Coursera were worth $641,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of COUR. State Street Corp boosted its position in Coursera by 2.2% during the 3rd quarter. State Street Corp now owns 2,947,168 shares of the company’s stock valued at $23,401,000 after acquiring an additional 63,549 shares in the last quarter. Geode Capital Management LLC lifted its stake in shares of Coursera by 7.3% during the 3rd quarter. Geode Capital Management LLC now owns 2,922,953 shares of the company’s stock worth $23,214,000 after purchasing an additional 199,050 shares during the last quarter. Invenomic Capital Management LP boosted its position in Coursera by 6.9% during the third quarter. Invenomic Capital Management LP now owns 2,690,363 shares of the company’s stock valued at $21,361,000 after purchasing an additional 172,585 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Coursera by 61.6% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,647,619 shares of the company’s stock valued at $13,082,000 after purchasing an additional 628,140 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in Coursera by 17.8% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,036,300 shares of the company’s stock worth $8,228,000 after purchasing an additional 156,512 shares in the last quarter. 89.55% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. JPMorgan Chase & Co. assumed coverage on shares of Coursera in a research report on Monday, November 25th. They issued a “neutral” rating and a $8.00 price objective on the stock. Telsey Advisory Group reaffirmed an “outperform” rating and set a $15.00 price target on shares of Coursera in a research report on Tuesday, January 28th. Needham & Company LLC reiterated a “buy” rating and set a $11.00 price objective on shares of Coursera in a report on Monday, January 27th. Royal Bank of Canada restated an “outperform” rating and set a $10.00 target price on shares of Coursera in a research note on Friday, January 31st. Finally, Cantor Fitzgerald reiterated an “overweight” rating and issued a $10.00 price target on shares of Coursera in a research note on Thursday, December 5th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $10.13.

Insider Buying and Selling at Coursera

In other Coursera news, SVP Alan B. Cardenas sold 5,613 shares of Coursera stock in a transaction dated Wednesday, February 19th. The stock was sold at an average price of $8.26, for a total transaction of $46,363.38. Following the completion of the transaction, the senior vice president now owns 180,413 shares in the company, valued at approximately $1,490,211.38. This trade represents a 3.02 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 16.30% of the company’s stock.

Coursera Stock Up 4.0 %

Shares of NYSE COUR opened at $7.42 on Tuesday. Coursera, Inc. has a 52 week low of $6.29 and a 52 week high of $14.32. The business’s 50 day moving average price is $7.98 and its 200 day moving average price is $7.89. The firm has a market cap of $1.19 billion, a P/E ratio of -14.26 and a beta of 1.40.

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.