Coursera, Inc. (NYSE:COUR) Director Amanda Clark Sells 9,598 Shares

Coursera, Inc. (NYSE:COURGet Rating) Director Amanda Clark sold 9,598 shares of the stock in a transaction that occurred on Thursday, November 17th. The shares were sold at an average price of $13.79, for a total value of $132,356.42. Following the transaction, the director now directly owns 55,752 shares of the company’s stock, valued at $768,820.08. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Coursera Stock Performance

Shares of COUR stock opened at $13.79 on Tuesday. Coursera, Inc. has a 52-week low of $9.81 and a 52-week high of $33.01. The firm has a market capitalization of $2.02 billion, a P/E ratio of -11.49 and a beta of 1.35. The stock has a 50 day moving average price of $12.07 and a 200 day moving average price of $13.80.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. Stifel Nicolaus lowered Coursera from a “buy” rating to a “hold” rating and dropped their price target for the company from $26.00 to $14.00 in a research note on Thursday, July 28th. Citigroup lowered their price objective on Coursera from $45.00 to $40.00 in a research note on Thursday, July 28th. Cantor Fitzgerald lowered their price objective on Coursera from $30.00 to $19.00 in a research note on Thursday, July 28th. Raymond James lowered Coursera from an “outperform” rating to a “market perform” rating in a research note on Thursday, July 28th. Finally, The Goldman Sachs Group lowered Coursera from a “buy” rating to a “neutral” rating and lowered their price objective for the company from $23.00 to $14.00 in a research note on Thursday, July 28th. Four analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $23.64.

Institutional Investors Weigh In On Coursera

A number of institutional investors and hedge funds have recently modified their holdings of COUR. Daiwa Securities Group Inc. lifted its stake in shares of Coursera by 32.9% during the 1st quarter. Daiwa Securities Group Inc. now owns 16,142 shares of the company’s stock worth $372,000 after acquiring an additional 3,992 shares during the last quarter. SG Americas Securities LLC increased its holdings in Coursera by 26.5% during the 1st quarter. SG Americas Securities LLC now owns 25,230 shares of the company’s stock worth $581,000 after purchasing an additional 5,279 shares during the period. abrdn plc increased its holdings in Coursera by 0.8% during the 1st quarter. abrdn plc now owns 442,136 shares of the company’s stock worth $10,156,000 after purchasing an additional 3,468 shares during the period. Versor Investments LP purchased a new position in Coursera during the 1st quarter worth $262,000. Finally, Prospera Financial Services Inc purchased a new position in Coursera during the 1st quarter worth $53,000. 63.56% of the stock is owned by institutional investors.

About Coursera

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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 education.

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