Jump Financial LLC raised its position in Coursera, Inc. (NYSE:COUR – Get Rating) by 485.8% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 63,965 shares of the company's stock after purchasing an additional 53,046 shares during the period. Jump Financial LLC's holdings in Coursera were worth $689,000 as of its most recent filing with the SEC.
Other large investors also recently made changes to their positions in the company. IQ EQ FUND MANAGEMENT IRELAND Ltd increased its position in shares of Coursera by 5.5% during the second quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 31,070 shares of the company's stock worth $441,000 after acquiring an additional 1,610 shares in the last quarter. Deutsche Bank AG increased its position in shares of Coursera by 9.7% during the second quarter. Deutsche Bank AG now owns 302,915 shares of the company's stock worth $4,296,000 after acquiring an additional 26,886 shares in the last quarter. Strs Ohio increased its position in shares of Coursera by 240.5% during the second quarter. Strs Ohio now owns 44,600 shares of the company's stock worth $632,000 after acquiring an additional 31,500 shares in the last quarter. State Board of Administration of Florida Retirement System acquired a new position in Coursera during the second quarter worth $382,000. Finally, Mirae Asset Global Investments Co. Ltd. boosted its holdings in Coursera by 307.7% during the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 42,405 shares of the company's stock worth $601,000 after purchasing an additional 32,003 shares during the last quarter. Institutional investors own 62.31% of the company's stock.
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Coursera Price Performance
Shares of COUR stock opened at $16.17 on Friday. The stock has a market cap of $2.37 billion, a P/E ratio of -13.47 and a beta of 1.68. The company has a fifty day moving average price of $13.24 and a two-hundred day moving average price of $12.89. Coursera, Inc. has a one year low of $9.81 and a one year high of $24.01.
Wall Street Analysts Forecast Growth
Several brokerages recently commented on COUR. UBS Group increased their target price on shares of Coursera to $15.00 in a report on Wednesday, November 16th. Truist Financial reduced their target price on shares of Coursera from $20.00 to $17.00 in a report on Thursday, October 27th. Finally, Morgan Stanley reduced their target price on shares of Coursera from $18.00 to $17.00 and set an "overweight" rating for the company in a report on Tuesday, October 25th. Four analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $22.77.
Insider Buying and Selling at Coursera
In other news, Director Amanda Clark sold 9,598 shares of the firm's stock in a transaction dated Thursday, November 17th. The shares were sold at an average price of $13.79, for a total transaction of $132,356.42. Following the completion of the sale, the director now owns 55,752 shares in the company, valued at approximately $768,820.08. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 26.40% of the company's stock.
Coursera 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, information technology, health, social sciences, logic, project management, and digital marketing services; campus student plans; degree courses; and certification education.
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