Shravan Goli sells 34,100 shares of Coursera, Inc. (NYSE:COUR)

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Coursera, Inc. (NYSE:COUR – Get Rating) insider Shravan Goli sold 34,100 shares of the company in a trade dated Thursday, July 7. The shares were sold at an average price of $15.78, for a total value of $538,098.00. Following completion of the transaction, the insider now owns 257,033 shares of the company, valued at approximately $4,055,980.74. The sale was disclosed in a document filed with the SEC, which is available via this link.

Shravan Goli has also recently made the following trade(s):

  • On Thursday, May 12, Shravan Goli sold 758 Coursera shares. The stock was sold at an average price of $13.57, for a total value of $10,286.06.
  • On Monday, May 2, Shravan Goli sold 35,000 Coursera shares. The stock was sold at an average price of $18.87, for a total value of $660,450.00.

COUR shares opened at $15.98 on Friday. Coursera, Inc. has a 12-month low of $13.36 and a 12-month high of $43.78. The company has a 50-day moving average price of $15.94 and a two-hundred-day moving average price of $19.29. The company has a market capitalization of $2.30 billion, a PE ratio of -13.43 and a beta of 1.49.

Coursera (NYSE:COUR – Get Rating) last released its quarterly results on Wednesday, April 27. The company reported ($0.27) earnings per share for the quarter, beating analyst consensus estimates of ($0.28) by $0.01. Coursera had a negative net margin of 36.84% and a negative return on equity of 21.91%. The company posted revenue of $120.43 million in the quarter, versus a consensus estimate of $116.64 million. In the same period of the previous year, the company had earned earnings per share of ($0.45). Research analysts expect Coursera, Inc. to post -1.08 earnings per share for the current fiscal year.

Hedge funds and other institutional investors have recently increased or reduced their stakes in the company. Russell Investments Group Ltd. acquired a new equity stake in Coursera in the first quarter worth approximately $47,000. Nisa Investment Advisors LLC acquired a new equity stake in Coursera in the fourth quarter worth approximately $49,000. Prospera Financial Services Inc acquired a new stake in Coursera stock in the first quarter worth approximately $53,000. FNY Investment Advisers LLC acquired a new equity stake in Coursera in the first quarter worth approximately $115,000. Finally, Ensign Peak Advisors Inc acquired a new stake in Coursera stock in the first quarter worth approximately $126,000. Institutional investors hold 78.93% of the company’s shares.

A number of research companies have recently commented on COUR. Truist Financial reduced its price target on Coursera from $45.00 to $35.00 in a Thursday, April 28 report. Goldman Sachs Group cut its price target on Coursera from $28.00 to $23.00 and set a “buy” rating for the company in a Thursday, June 9 report. Royal Bank of Canada reduced its price target on Coursera from $50.00 to $40.00 in a Thursday, April 28 report. Finally, Cantor Fitzgerald assumed coverage for Coursera shares in a Tuesday, March 29 research report. They set an “overweight” rating and a price target of $30.00 for the company. Seven research analysts rated the stock with a buy rating. According to MarketBeat, Coursera currently has an average rating of “Buy” and an average price target of $35.75.

Coursera Company Profile (Get an evaluation)

Coursera, Inc operates an online educational content platform that connects learners, educators, organizations and institutions. It offers online courses that include data science, business, computer science, information technology, health, social sciences, logic, project management, and digital marketing services; campus student plans; degree courses; and certification training.

See also

Insider buying and selling by quarter for Coursera (NYSE:COUR)



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