SG Americas Securities LLC Has $741,000 Holdings in Coursera, Inc. (NYSE:COUR)

SG Americas Securities LLC raised its holdings in Coursera, Inc. (NYSE:COURFree Report) by 66.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 87,209 shares of the company’s stock after buying an additional 34,701 shares during the quarter. SG Americas Securities LLC owned 0.06% of Coursera worth $741,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. FMR LLC increased its holdings in shares of Coursera by 67.6% during the third quarter. FMR LLC now owns 6,574 shares of the company’s stock valued at $52,000 after acquiring an additional 2,651 shares in the last quarter. CWM LLC increased its holdings in shares of Coursera by 82.3% during the third quarter. CWM LLC now owns 7,128 shares of the company’s stock valued at $57,000 after acquiring an additional 3,217 shares in the last quarter. Quarry LP increased its holdings in shares of Coursera by 936.6% during the second quarter. Quarry LP now owns 10,356 shares of the company’s stock valued at $74,000 after acquiring an additional 9,357 shares in the last quarter. Versor Investments LP bought a new stake in shares of Coursera during the third quarter valued at approximately $106,000. Finally, Pitcairn Co. increased its holdings in shares of Coursera by 16.9% during the third quarter. Pitcairn Co. now owns 13,655 shares of the company’s stock valued at $108,000 after acquiring an additional 1,971 shares in the last quarter. 89.55% of the stock is owned by institutional investors and hedge funds.

Coursera Stock Up 0.3 %

Shares of Coursera stock opened at $9.59 on Thursday. The firm has a market cap of $1.52 billion, a price-to-earnings ratio of -18.81 and a beta of 1.44. The business has a 50-day moving average price of $8.43 and a 200-day moving average price of $7.99. Coursera, Inc. has a twelve month low of $6.29 and a twelve month high of $20.72.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the company. Royal Bank of Canada decreased their price target on Coursera from $18.00 to $10.00 and set an “outperform” rating for the company in a report on Friday, October 25th. Scotiabank initiated coverage on Coursera in a report on Thursday, December 5th. They set a “sector perform” rating and a $9.00 price target for the company. Morgan Stanley cut their price objective on Coursera from $15.00 to $10.00 and set an “overweight” rating on the stock in a research report on Friday, October 25th. BMO Capital Markets cut their price objective on Coursera from $10.00 to $9.00 and set an “outperform” rating on the stock in a research report on Friday, October 25th. Finally, JPMorgan Chase & Co. initiated coverage on Coursera in a research report on Monday, November 25th. They issued a “neutral” rating and a $8.00 price objective on the stock. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and nine have given a buy rating to the stock. According to MarketBeat, Coursera currently has an average rating of “Moderate Buy” and an average target price of $10.27.

Get Our Latest Stock Report on COUR

Insider Buying and Selling

In other Coursera news, SVP Alan B. Cardenas sold 6,102 shares of the firm’s stock in a transaction on Monday, November 18th. The stock was sold at an average price of $6.83, for a total transaction of $41,676.66. Following the transaction, the senior vice president now directly owns 194,082 shares in the company, valued at $1,325,580.06. This trade represents a 3.05 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 16.30% of the stock is currently owned by company insiders.

Coursera Profile

(Free Report)

Coursera, Inc operates an online educational content platform in the United States, Europe, Africa, the Asia Pacific, the Middle East, and internationally. It operates in three segments: Consumer, Enterprise, and Degrees. The company offers guided projects, courses, and specializations, as well as online degrees; and certificates for entry-level professional, non-entry level professional, university, and MasterTrack.

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Institutional Ownership by Quarter for Coursera (NYSE:COUR)

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