Coursera, Inc. (NASDAQ:COUR) SVP Xueyan Wang Sells 8,001 Shares

Coursera, Inc. (NASDAQ:COUR) SVP Xueyan Wang sold 8,001 shares of the firm’s stock in a transaction dated Tuesday, October 26th. The stock was sold at an average price of $34.22, for a total transaction of $273,794.22. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Xueyan Wang also recently made the following trade(s):

  • On Monday, August 30th, Xueyan Wang sold 17,215 shares of Coursera stock. The stock was sold at an average price of $38.12, for a total transaction of $656,235.80.
  • On Monday, August 16th, Xueyan Wang sold 4,250 shares of Coursera stock. The shares were sold at an average price of $39.00, for a total transaction of $165,750.00.
  • On Friday, August 6th, Xueyan Wang sold 13,903 shares of Coursera stock. The stock was sold at an average price of $40.25, for a total transaction of $559,595.75.
  • On Thursday, July 29th, Xueyan Wang sold 10,407 shares of Coursera stock. The shares were sold at an average price of $36.56, for a total transaction of $380,479.92.

Shares of NASDAQ COUR opened at $33.90 on Thursday. Coursera, Inc. has a fifty-two week low of $29.90 and a fifty-two week high of $62.53. The firm’s 50-day simple moving average is $35.59 and its 200 day simple moving average is $39.51.

Coursera (NASDAQ:COUR) last issued its quarterly earnings data on Tuesday, August 3rd. The company reported ($0.05) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.19) by $0.14. The company had revenue of $102.09 million for the quarter, compared to the consensus estimate of $91.63 million. As a group, analysts predict that Coursera, Inc. will post -1.21 earnings per share for the current fiscal year.

A number of institutional investors have recently modified their holdings of the business. NEA Management Company LLC bought a new stake in Coursera in the first quarter worth about $952,060,000. Baillie Gifford & Co. raised its position in Coursera by 93.6% in the third quarter. Baillie Gifford & Co. now owns 16,819,718 shares of the company’s stock worth $532,344,000 after acquiring an additional 8,129,843 shares in the last quarter. Morgan Stanley bought a new stake in Coursera in the first quarter worth about $262,230,000. Vanguard Group Inc. raised its position in Coursera by 23,149.3% in the second quarter. Vanguard Group Inc. now owns 4,582,908 shares of the company’s stock worth $181,300,000 after acquiring an additional 4,563,196 shares in the last quarter. Finally, Caledonia Private Investments Pty Ltd bought a new stake in Coursera in the first quarter worth about $69,750,000. Hedge funds and other institutional investors own 33.77% of the company’s stock.

Several research analysts recently commented on the stock. Raymond James upgraded shares of Coursera from a “market perform” rating to an “outperform” rating and set a $45.00 price target on the stock in a report on Wednesday, August 4th. Zacks Investment Research upgraded shares of Coursera from a “hold” rating to a “buy” rating and set a $38.00 price objective on the stock in a research note on Tuesday. One investment analyst has rated the stock with a hold rating and eighteen have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $50.61.

Coursera Company Profile

Coursera, Inc operates an online educational content platform that connects learners, educators, 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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Insider Buying and Selling by Quarter for Coursera (NASDAQ:COUR)

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