Jeffrey Nacey Maggioncalda Sells 25,000 Shares of Coursera, Inc. (NYSE:COUR) Stock

Coursera, Inc. (NYSE:COURGet Free Report) CEO Jeffrey Nacey Maggioncalda sold 25,000 shares of the stock in a transaction on Friday, February 2nd. The stock was sold at an average price of $20.14, for a total value of $503,500.00. Following the sale, the chief executive officer now owns 2,551,930 shares of the company’s stock, valued at $51,395,870.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Jeffrey Nacey Maggioncalda also recently made the following trade(s):

  • On Monday, January 29th, Jeffrey Nacey Maggioncalda sold 50,000 shares of Coursera stock. The stock was sold at an average price of $20.06, for a total value of $1,003,000.00.
  • On Thursday, January 18th, Jeffrey Nacey Maggioncalda sold 50,000 shares of Coursera stock. The stock was sold at an average price of $19.43, for a total value of $971,500.00.
  • On Thursday, January 4th, Jeffrey Nacey Maggioncalda sold 50,000 shares of Coursera stock. The stock was sold at an average price of $19.09, for a total value of $954,500.00.
  • On Tuesday, December 26th, Jeffrey Nacey Maggioncalda sold 11,048 shares of Coursera stock. The stock was sold at an average price of $20.01, for a total value of $221,070.48.
  • On Friday, December 22nd, Jeffrey Nacey Maggioncalda sold 13,952 shares of Coursera stock. The shares were sold at an average price of $20.03, for a total value of $279,458.56.
  • On Thursday, December 7th, Jeffrey Nacey Maggioncalda sold 75,000 shares of Coursera stock. The shares were sold at an average price of $20.59, for a total value of $1,544,250.00.
  • On Monday, December 4th, Jeffrey Nacey Maggioncalda sold 155,197 shares of Coursera stock. The shares were sold at an average price of $20.21, for a total value of $3,136,531.37.
  • On Friday, December 1st, Jeffrey Nacey Maggioncalda sold 123,422 shares of Coursera stock. The shares were sold at an average price of $20.15, for a total value of $2,486,953.30.
  • On Friday, November 24th, Jeffrey Nacey Maggioncalda sold 50,000 shares of Coursera stock. The stock was sold at an average price of $19.60, for a total value of $980,000.00.
  • On Tuesday, November 28th, Jeffrey Nacey Maggioncalda sold 8,499 shares of Coursera stock. The stock was sold at an average price of $20.00, for a total value of $169,980.00.

Coursera Stock Up 0.7 %

COUR stock opened at $17.75 on Wednesday. The business’s fifty day moving average is $19.59 and its 200-day moving average is $18.26. The company has a market cap of $2.71 billion, a P/E ratio of -23.05 and a beta of 1.62. Coursera, Inc. has a twelve month low of $9.91 and a twelve month high of $21.26.

Analyst Upgrades and Downgrades

Several equities analysts have commented on COUR shares. KeyCorp upped their price target on Coursera from $22.00 to $24.00 and gave the company an “overweight” rating in a report on Friday, February 2nd. The Goldman Sachs Group lowered Coursera from a “neutral” rating to a “sell” rating and lowered their price objective for the company from $18.00 to $14.00 in a research note on Friday, January 19th. William Blair reiterated an “outperform” rating on shares of Coursera in a research note on Friday, February 2nd. Cantor Fitzgerald upped their price objective on Coursera from $22.00 to $26.00 and gave the company an “overweight” rating in a research note on Friday, February 2nd. Finally, Needham & Company LLC upped their price objective on Coursera from $21.00 to $23.00 and gave the company a “buy” rating in a research note on Friday, February 2nd. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat, Coursera presently has an average rating of “Moderate Buy” and an average target price of $22.82.

Get Our Latest Analysis on COUR

Hedge Funds Weigh In On Coursera

A number of large investors have recently added to or reduced their stakes in the company. DekaBank Deutsche Girozentrale bought a new stake in Coursera in the 3rd quarter valued at approximately $38,000. Point72 Hong Kong Ltd bought a new stake in Coursera in the 2nd quarter valued at approximately $31,000. FMR LLC lifted its stake in Coursera by 187.5% in the 2nd quarter. FMR LLC now owns 2,366 shares of the company’s stock valued at $34,000 after acquiring an additional 1,543 shares in the last quarter. Point72 Middle East FZE bought a new stake in Coursera in the 4th quarter valued at approximately $46,000. Finally, Daiwa Securities Group Inc. lifted its stake in Coursera by 108.2% in the 2nd quarter. Daiwa Securities Group Inc. now owns 4,810 shares of the company’s stock valued at $63,000 after acquiring an additional 2,500 shares in the last quarter. Institutional investors own 64.36% of the company’s stock.

Coursera Company Profile

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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, physical science and engineering, language learning, information technology, health, social sciences, math and logic, project management, and arts and humanities; campus student plans; degree courses; and certification education.

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