Robeco Institutional Asset Management B.V. Boosts Stock Holdings in Coursera, Inc. $COUR

Robeco Institutional Asset Management B.V. boosted its position in shares of Coursera, Inc. (NYSE:COUR) by 310.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 163,461 shares of the company’s stock after buying an additional 123,683 shares during the period. Robeco Institutional Asset Management B.V. owned 0.10% of Coursera worth $1,203,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the company. Vanguard Group Inc. grew its position in shares of Coursera by 2.6% in the third quarter. Vanguard Group Inc. now owns 13,921,600 shares of the company’s stock valued at $163,022,000 after purchasing an additional 357,264 shares in the last quarter. Cannell & Spears LLC purchased a new stake in shares of Coursera in the third quarter valued at approximately $6,576,000. Algert Global LLC grew its position in shares of Coursera by 40.1% in the third quarter. Algert Global LLC now owns 1,161,981 shares of the company’s stock valued at $13,607,000 after purchasing an additional 332,409 shares in the last quarter. Wakefield Asset Management LLLP purchased a new stake in shares of Coursera in the third quarter valued at approximately $1,190,000. Finally, SG Americas Securities LLC grew its position in shares of Coursera by 139.7% in the third quarter. SG Americas Securities LLC now owns 230,876 shares of the company’s stock valued at $2,704,000 after purchasing an additional 134,569 shares in the last quarter. 89.55% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, SVP Alan B. Cardenas sold 9,710 shares of the company’s stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $5.92, for a total value of $57,483.20. Following the transaction, the senior vice president directly owned 217,876 shares in the company, valued at approximately $1,289,825.92. This represents a 4.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 16.80% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on COUR shares. Wall Street Zen upgraded Coursera from a “hold” rating to a “buy” rating in a research report on Saturday, April 11th. UBS Group restated a “neutral” rating and issued a $7.00 price target on shares of Coursera in a research report on Friday, February 6th. Telsey Advisory Group restated an “outperform” rating and issued a $14.00 price target on shares of Coursera in a research report on Friday, February 6th. The Goldman Sachs Group dropped their price target on Coursera from $9.00 to $6.00 and set a “sell” rating for the company in a research report on Saturday, February 7th. Finally, Needham & Company LLC restated a “buy” rating and issued a $10.00 price target on shares of Coursera in a research report on Friday, February 6th. Eight analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, Coursera currently has a consensus rating of “Hold” and an average target price of $10.62.

Coursera Stock Performance

COUR opened at $6.36 on Friday. Coursera, Inc. has a one year low of $5.22 and a one year high of $13.56. The stock has a market capitalization of $1.08 billion, a PE ratio of -20.52 and a beta of 1.35. The business’s 50 day moving average price is $6.01 and its 200 day moving average price is $7.38.

Coursera (NYSE:COUR) last released its quarterly earnings data on Thursday, February 5th. The company reported $0.06 EPS for the quarter, meeting analysts’ consensus estimates of $0.06. Coursera had a negative return on equity of 5.17% and a negative net margin of 6.73%.The firm had revenue of $196.90 million for the quarter, compared to analysts’ expectations of $191.83 million. During the same period in the prior year, the firm posted $0.08 earnings per share. The firm’s quarterly revenue was up 9.9% on a year-over-year basis. As a group, equities research analysts forecast that Coursera, Inc. will post -0.28 earnings per share for the current fiscal year.

Coursera Company Profile

Coursera, Inc (NYSE:COUR) operates a leading online learning platform that delivers courses, specializations, professional certificates and fully accredited degree programs in collaboration with top universities and industry partners. Founded in 2012 by Stanford University professors Andrew Ng and Daphne Koller, Coursera’s mission is to provide universal access to world-class education and bridge skill gaps in a rapidly evolving job market.

The platform features more than 6,000 offerings created by over 275 academic institutions and corporate entities, spanning fields such as data science, business, technology, health care and the arts.