Values First Advisors Inc. Sells 2,198 Shares of Coursera, Inc. (NYSE:COUR)

Values First Advisors Inc. lowered its stake in shares of Coursera, Inc. (NYSE:COUR) by 5.0% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 41,853 shares of the company’s stock after selling 2,198 shares during the period. Values First Advisors Inc.’s holdings in Coursera were worth $811,000 as of its most recent filing with the SEC.

Several other large investors have also recently added to or reduced their stakes in COUR. Artemis Investment Management LLP lifted its stake in Coursera by 13.7% during the fourth quarter. Artemis Investment Management LLP now owns 31,209 shares of the company’s stock worth $605,000 after purchasing an additional 3,766 shares during the period. Moody National Bank Trust Division bought a new stake in Coursera in the fourth quarter valued at $477,000. Harbor Capital Advisors Inc. raised its stake in Coursera by 10.1% during the fourth quarter. Harbor Capital Advisors Inc. now owns 21,129 shares of the company’s stock worth $409,000 after acquiring an additional 1,942 shares in the last quarter. Vanguard Group Inc. raised its stake in Coursera by 5.7% during the third quarter. Vanguard Group Inc. now owns 10,614,794 shares of the company’s stock worth $198,390,000 after acquiring an additional 570,177 shares in the last quarter. Finally, Teachers Retirement System of The State of Kentucky lifted its holdings in shares of Coursera by 17.1% during the third quarter. Teachers Retirement System of The State of Kentucky now owns 312,241 shares of the company’s stock valued at $5,837,000 after acquiring an additional 45,670 shares during the period. Institutional investors and hedge funds own 89.55% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently issued reports on COUR shares. The Goldman Sachs Group cut shares of Coursera from a “neutral” rating to a “sell” rating and cut their target price for the company from $18.00 to $14.00 in a research note on Friday, January 19th. Needham & Company LLC increased their target price on Coursera from $21.00 to $23.00 and gave the stock a “buy” rating in a report on Friday, February 2nd. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $25.00 price target on shares of Coursera in a report on Friday, February 2nd. Telsey Advisory Group increased their price objective on shares of Coursera from $24.00 to $25.00 and gave the stock an “outperform” rating in a report on Friday, February 2nd. Finally, Cantor Fitzgerald boosted their target price on shares of Coursera from $22.00 to $26.00 and gave the stock an “overweight” rating in a research note on Friday, February 2nd. One analyst has rated the stock with a sell rating, two have issued a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $22.10.

Insider Buying and Selling

In other Coursera news, SVP Alan B. Cardenas sold 5,864 shares of the business’s stock in a transaction dated Tuesday, February 20th. The stock was sold at an average price of $16.54, for a total value of $96,990.56. Following the completion of the transaction, the senior vice president now directly owns 167,798 shares of the company’s stock, valued at $2,775,378.92. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In related news, SVP Alan B. Cardenas sold 5,864 shares of the business’s stock in a transaction on Tuesday, February 20th. The shares were sold at an average price of $16.54, for a total value of $96,990.56. Following the sale, the senior vice president now directly owns 167,798 shares of the company’s stock, valued at approximately $2,775,378.92. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Michele M. Meyers sold 2,540 shares of the stock in a transaction dated Thursday, February 15th. The stock was sold at an average price of $16.86, for a total value of $42,824.40. Following the transaction, the chief accounting officer now owns 206,059 shares of the company’s stock, valued at $3,474,154.74. The disclosure for this sale can be found here. Insiders have sold 658,555 shares of company stock valued at $11,452,724 in the last 90 days. 16.30% of the stock is owned by insiders.

Coursera Stock Performance

Shares of Coursera stock traded down $0.05 on Friday, hitting $14.02. 1,524,465 shares of the company’s stock traded hands, compared to its average volume of 1,324,195. The firm’s 50-day moving average price is $16.42 and its two-hundred day moving average price is $18.12. Coursera, Inc. has a one year low of $9.91 and a one year high of $21.26.

Coursera (NYSE:COUR) last released its quarterly earnings data on Thursday, February 1st. The company reported ($0.12) EPS for the quarter, beating analysts’ consensus estimates of ($0.17) by $0.05. Coursera had a negative return on equity of 18.15% and a negative net margin of 18.33%. The business had revenue of $168.88 million during the quarter, compared to the consensus estimate of $163.64 million. As a group, equities research analysts predict that Coursera, Inc. will post -0.47 EPS for the current year.

Coursera Company Profile

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.