Susquehanna Fundamental Investments LLC Purchases Shares of 400,120 Coursera, Inc. (NYSE:COUR)

Susquehanna Fundamental Investments LLC acquired a new stake in shares of Coursera, Inc. (NYSE:COUR) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 400,120 shares of the company’s stock, valued at approximately $3,401,000. Susquehanna Fundamental Investments LLC owned 0.25% of Coursera at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Barclays PLC raised its stake in Coursera by 24.4% during the 3rd quarter. Barclays PLC now owns 962,122 shares of the company’s stock worth $7,640,000 after buying an additional 188,911 shares during the period. Franklin Resources Inc. acquired a new position in shares of Coursera during the third quarter worth approximately $1,651,000. Diversified Trust Co acquired a new position in shares of Coursera during the fourth quarter worth approximately $131,000. SG Americas Securities LLC lifted its holdings in shares of Coursera by 66.1% in the 4th quarter. SG Americas Securities LLC now owns 87,209 shares of the company’s stock worth $741,000 after purchasing an additional 34,701 shares in the last quarter. Finally, Janney Montgomery Scott LLC grew its position in Coursera by 15.9% in the 4th quarter. Janney Montgomery Scott LLC now owns 121,845 shares of the company’s stock valued at $1,036,000 after purchasing an additional 16,724 shares during the period. Institutional investors own 89.55% of the company’s stock.

Coursera Price Performance

Shares of Coursera stock opened at $8.34 on Tuesday. The firm has a market cap of $1.34 billion, a PE ratio of -16.04 and a beta of 1.42. Coursera, Inc. has a 1 year low of $5.76 and a 1 year high of $12.20. The stock has a fifty day moving average price of $7.22 and a 200-day moving average price of $7.75.

Coursera (NYSE:COUR) last posted its quarterly earnings data on Thursday, April 24th. The company reported $0.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.08 by $0.04. Coursera had a negative net margin of 11.45% and a negative return on equity of 9.42%. The business had revenue of $179.30 million during the quarter, compared to the consensus estimate of $175.60 million. During the same quarter last year, the company posted $0.07 earnings per share. The firm’s quarterly revenue was up 6.0% compared to the same quarter last year. As a group, equities analysts anticipate that Coursera, Inc. will post -0.28 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have weighed in on COUR shares. Needham & Company LLC restated a “buy” rating and set a $11.00 price objective on shares of Coursera in a report on Friday. Morgan Stanley raised their price target on shares of Coursera from $9.00 to $10.00 and gave the company an “overweight” rating in a research report on Friday. Telsey Advisory Group reissued an “outperform” rating and set a $12.00 price objective on shares of Coursera in a report on Tuesday, April 22nd. Royal Bank of Canada reissued an “outperform” rating and issued a $10.00 price objective on shares of Coursera in a research note on Friday, January 31st. Finally, JPMorgan Chase & Co. cut their target price on Coursera from $8.00 to $7.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 8th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $9.52.

Insider Activity at Coursera

In other Coursera news, SVP Alan B. Cardenas sold 5,613 shares of the business’s stock in a transaction on Wednesday, February 19th. The stock was sold at an average price of $8.26, for a total value of $46,363.38. Following the sale, the senior vice president now directly owns 180,413 shares in the company, valued at $1,490,211.38. The trade was a 3.02 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 16.80% of the stock is owned by company insiders.

Coursera 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.