Coursera (NYSE:COUR) Major Shareholder Buys $6,743,674.52 in Stock

Coursera, Inc. (NYSE:COUR) major shareholder Pale Fire Capital Se bought 1,332,742 shares of the company’s stock in a transaction dated 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 acquisition, the insider directly owned 27,806,415 shares of the company’s stock, valued at approximately $140,700,459.90. This represents a 5.03% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

Pale Fire Capital Se also recently made the following trade(s):

• On Tuesday, September 29th, Pale Fire Capital Se bought 1,000,000 shares of Coursera stock. The shares were bought at an average cost of $4.61 per share, for a total transaction of $4,610,000.00.

Coursera Trading Up 2.3%

Shares of Coursera stock opened at $5.07 on Friday. The company has a market capitalization of $1.34 billion, a P/E ratio of -7.57, a price-to-earnings-growth ratio of 0.62 and a beta of 1.24. The stock has a fifty day simple moving average of $5.60 and a 200 day simple moving average of $5.66. Coursera, Inc. has a 12-month low of $4.53 and a 12-month high of $11.28.

Coursera (NYSE:COUR) last issued its quarterly earnings data on Wednesday, July 29th. The company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.07. The business had revenue of $298.60 million for 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%.The business’s revenue was up 59.6% on a year-over-year basis. During the same period last year, the business earned $0.12 EPS. On average, analysts predict that Coursera, Inc. will post 0.16 EPS for the current year.

Institutional Trading of Coursera

Several hedge funds have recently added to or reduced their stakes in the stock. BlackRock Inc. bought a new position in shares of Coursera during the 2nd quarter valued at approximately $116,245,000. Pale Fire Capital SE increased its stake in shares of Coursera by 94.4% during the 2nd quarter. Pale Fire Capital SE now owns 20,432,950 shares of the company’s stock worth $115,242,000 after purchasing an additional 9,921,347 shares during the last quarter. Caledonia Private Investments Pty Ltd bought a new stake in shares of Coursera in the 2nd quarter worth approximately $114,918,000. Readystate Asset Management LP raised its holdings in shares of Coursera by 259.2% in the 2nd quarter. Readystate Asset Management LP now owns 4,027,181 shares of the company’s stock worth $22,713,000 after purchasing an additional 2,906,101 shares during the period. Finally, Deutsche Bank AG purchased a new position in Coursera in the second quarter valued at approximately $9,848,000. Institutional investors own 89.55% of the company’s stock.

Coursera News Summary

Here are the key news stories impacting Coursera this week:

• Positive Sentiment: Major shareholder Pale Fire Capital purchased an additional 1,332,742 Coursera shares at approximately $5.06 each and 1,000,000 shares at $4.61 each. The transactions totaled roughly $11.35 million and increased Pale Fire’s direct ownership to more than 28.8 million shares. Continued buying by a major shareholder may improve investor confidence in the company’s valuation. Pale Fire Capital acquired 1,332,742 shares Pale Fire Capital acquired 1,000,000 shares
• Positive Sentiment: Options traders purchased 5,610 call contracts in Coursera, 137% above typical call volume. The activity indicates heightened speculative interest and potentially bullish expectations, although options positioning does not guarantee a sustained share-price recovery.
• Positive Sentiment: Southern Miss received Coursera’s Engagement Excellence Award, highlighting successful use of the platform by an academic institution and supporting Coursera’s credibility in higher education. Southern Miss Receives Coursera Engagement Excellence Award
• Positive Sentiment: More than 70,000 Azerbaijani citizens have received free access to Coursera through a government-backed initiative, expanding the platform’s international exposure and potential user pipeline. Azerbaijani citizens gained free Coursera access
• Neutral Sentiment: Coursera appointed Tom Savage as chief legal officer and secretary. The leadership addition may strengthen legal and governance functions but is not expected to materially affect near-term financial results. Tom Savage joins Coursera
• Neutral Sentiment: Coursera’s AI-Human Skills Synergy Index ranked the UAE first in the Middle East and North Africa and sixth worldwide for AI readiness. The report supports Coursera’s thought-leadership position, but does not directly provide new revenue guidance. UAE AI readiness ranking

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. Weiss Ratings upgraded shares of Coursera from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday. BMO Capital Markets restated an “outperform” rating on shares of Coursera in a research note on Thursday, July 30th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $7.00 target price on shares of Coursera in a report on Wednesday, June 24th. Wall Street Zen raised Coursera from a “hold” rating to a “buy” rating in a research report on Saturday, September 19th. Finally, Bank of America dropped their price target on Coursera from $8.00 to $7.00 and set a “neutral” rating on the stock in a report on Tuesday, June 30th. Seven investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $8.55.

Coursera Company Profile

Coursera, Inc is an online learning platform that provides access to courses, professional certificates, guided projects, and degree programs. Its offerings cover subjects including business, technology, data science, health, and the arts, and are delivered through a combination of on-demand and structured learning formats.

The company serves individual learners, businesses, universities, and government organizations. Coursera partners with universities and other educational institutions, as well as technology companies and industry organizations, to develop and distribute educational content.