Coursera’s (COUR) “Buy” Rating Reiterated at Needham & Company LLC

Needham & Company LLC restated their buy rating on shares of Coursera (NYSE:COUR) in a research report sent to investors on Wednesday,Benzinga reports. Needham & Company LLC currently has a $14.00 price objective on the stock.

COUR has been the topic of several other reports. Cantor Fitzgerald reissued an “overweight” rating and issued a $13.00 price target on shares of Coursera in a research note on Friday, October 24th. Zacks Research downgraded shares of Coursera from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 18th. UBS Group raised their price target on shares of Coursera from $10.00 to $11.00 and gave the stock a “neutral” rating in a report on Friday, October 24th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Coursera in a research note on Wednesday, October 8th. Finally, Telsey Advisory Group reissued an “outperform” rating and set a $14.00 price objective on shares of Coursera in a research report on Friday, October 3rd. Six research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $12.36.

Coursera Trading Up 0.2%

Shares of COUR opened at $7.96 on Wednesday. The firm’s fifty day simple moving average is $9.49 and its two-hundred day simple moving average is $9.80. Coursera has a 12 month low of $5.76 and a 12 month high of $13.56. The stock has a market capitalization of $1.32 billion, a P/E ratio of -27.43 and a beta of 1.37.

Coursera (NYSE:COUR) last announced its quarterly earnings data on Thursday, October 23rd. The company reported $0.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.09 by $0.01. Coursera had a negative return on equity of 4.75% and a negative net margin of 6.19%.The company had revenue of $194.20 million for the quarter, compared to the consensus estimate of $190.33 million. During the same period in the previous year, the business earned $0.10 EPS. The firm’s revenue was up 10.3% compared to the same quarter last year. Coursera has set its Q4 2025 guidance at EPS. As a group, research analysts predict that Coursera will post -0.28 EPS for the current fiscal year.

Insider Buying and Selling

In related news, SVP Alan B. Cardenas sold 24,631 shares of the stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $11.14, for a total value of $274,389.34. Following the completion of the sale, the senior vice president directly owned 258,526 shares of the company’s stock, valued at approximately $2,879,979.64. This represents a 8.70% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CAO Michele M. Meyers sold 3,500 shares of Coursera stock in a transaction on Thursday, October 16th. The stock was sold at an average price of $10.27, for a total transaction of $35,945.00. Following the transaction, the chief accounting officer directly owned 234,295 shares in the company, valued at $2,406,209.65. This represents a 1.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 81,631 shares of company stock worth $938,034. 16.80% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Coursera

A number of institutional investors have recently added to or reduced their stakes in COUR. Arrowstreet Capital Limited Partnership lifted its position in shares of Coursera by 341.6% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 2,955,723 shares of the company’s stock worth $34,612,000 after buying an additional 2,286,395 shares in the last quarter. Norges Bank purchased a new stake in shares of Coursera during the second quarter valued at approximately $15,435,000. Nuveen LLC bought a new stake in Coursera during the first quarter worth $7,764,000. Lazard Asset Management LLC boosted its position in Coursera by 84.2% in the third quarter. Lazard Asset Management LLC now owns 2,319,515 shares of the company’s stock worth $27,162,000 after purchasing an additional 1,060,288 shares during the last quarter. Finally, Two Sigma Investments LP grew its stake in Coursera by 231.5% in the 3rd quarter. Two Sigma Investments LP now owns 1,447,125 shares of the company’s stock valued at $16,946,000 after purchasing an additional 1,010,592 shares during the period. 89.55% of the stock is owned by institutional investors.

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.