Coursera (NYSE:COUR) Major Shareholder Buys $4,610,000.00 in Stock

Coursera, Inc. (NYSE:COUR) major shareholder Pale Fire Capital Se acquired 1,000,000 shares of the firm’s stock in a transaction on Tuesday, September 29th. The shares were bought at an average cost of $4.61 per share, for a total transaction of $4,610,000.00. Following the completion of the acquisition, the insider owned 28,806,415 shares of the company’s stock, valued at approximately $132,797,573.15. This represents a 3.60% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Major shareholders that own at least 10% 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 Friday, September 25th, Pale Fire Capital Se bought 1,332,742 shares of Coursera stock. The shares were bought at an average cost of $5.06 per share, with a total value of $6,743,674.52.

Coursera Stock Up 2.3%

COUR opened at $5.07 on Friday. Coursera, Inc. has a twelve month low of $4.53 and a twelve month high of $11.28. The company has a 50-day moving average price of $5.60 and a 200 day moving average price of $5.66. The company has a market cap of $1.34 billion, a PE ratio of -7.57, a price-to-earnings-growth ratio of 0.62 and a beta of 1.24.

Coursera (NYSE:COUR) last issued its quarterly earnings results on Wednesday, July 29th. The company reported $0.17 earnings per share for the quarter, beating analysts’ consensus estimates of $0.10 by $0.07. Coursera had a negative net margin of 15.39% and a negative return on equity of 1.72%. The firm had revenue of $298.60 million for the quarter, compared to analyst estimates of $293.61 million. During the same period last year, the company posted $0.12 EPS. Coursera’s quarterly revenue was up 59.6% compared to the same quarter last year. As a group, sell-side analysts expect that Coursera, Inc. will post 0.16 earnings per share for the current year.

Trending Headlines about Coursera

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

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of COUR. BlackRock Inc. acquired a new position in shares of Coursera during the 2nd quarter valued at about $116,245,000. Caledonia Private Investments Pty Ltd acquired a new stake in Coursera during the second quarter worth about $114,918,000. Pale Fire Capital SE acquired a new stake in Coursera during the first quarter worth about $61,178,000. Readystate Asset Management LP increased its position in Coursera by 259.2% during the second 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 last quarter. Finally, Deutsche Bank AG purchased a new position in Coursera during the second quarter worth about $9,848,000. Hedge funds and other institutional investors own 89.55% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on COUR. BMO Capital Markets reaffirmed an “outperform” rating on shares of Coursera in a research note on Thursday, July 30th. KeyCorp reissued an “overweight” rating on shares of Coursera in a research note on Wednesday, June 24th. The Goldman Sachs Group upgraded Coursera from a “sell” rating to a “neutral” rating and raised their price objective for the company from $5.50 to $6.50 in a report on Monday, August 3rd. Needham & Company LLC reaffirmed a “buy” rating and set a $10.00 target price on shares of Coursera in a research note on Wednesday, June 24th. Finally, Weiss Ratings raised shares of Coursera from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday. Seven investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $8.55.

About Coursera

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.