SG Americas Securities LLC Has $467,000 Stock Position in Coursera, Inc. $COUR

SG Americas Securities LLC lowered its stake in shares of Coursera, Inc. (NYSE:COUR) by 72.5% during the 4th quarter, Holdings Channel.com reports. The firm owned 63,388 shares of the company’s stock after selling 167,488 shares during the quarter. SG Americas Securities LLC’s holdings in Coursera were worth $467,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Quarry LP raised its holdings in shares of Coursera by 619.9% during the third quarter. Quarry LP now owns 4,024 shares of the company’s stock valued at $47,000 after purchasing an additional 3,465 shares during the period. Daiwa Securities Group Inc. raised its holdings in shares of Coursera by 163.7% during the second quarter. Daiwa Securities Group Inc. now owns 7,330 shares of the company’s stock valued at $64,000 after purchasing an additional 4,550 shares during the period. State of Alaska Department of Revenue acquired a new position in shares of Coursera during the third quarter valued at about $104,000. Entropy Technologies LP acquired a new position in shares of Coursera during the third quarter valued at about $131,000. Finally, Mirabella Financial Services LLP acquired a new position in shares of Coursera during the third quarter valued at about $132,000. Institutional investors and hedge funds own 89.55% of the company’s stock.

Coursera Stock Performance

NYSE:COUR opened at $5.76 on Tuesday. The firm has a market cap of $974.38 million, a price-to-earnings ratio of -18.56 and a beta of 1.35. Coursera, Inc. has a 52 week low of $5.22 and a 52 week high of $13.56. The firm has a 50-day moving average price of $5.99 and a two-hundred day moving average price of $7.47.

Coursera (NYSE:COUR) last issued its quarterly earnings results on Thursday, February 5th. The company reported $0.06 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.06. Coursera had a negative net margin of 6.73% and a negative return on equity of 5.17%. The company had revenue of $196.90 million during the quarter, compared to analyst estimates of $191.83 million. During the same quarter last year, the business posted $0.08 EPS. Coursera’s quarterly revenue was up 9.9% compared to the same quarter last year. As a group, sell-side analysts forecast that Coursera, Inc. will post -0.28 earnings per share for the current year.

Insider Activity

In other news, SVP Alan B. Cardenas sold 9,710 shares of the firm’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $5.92, for a total transaction of $57,483.20. Following the completion of the sale, the senior vice president owned 217,876 shares in the company, valued at $1,289,825.92. This trade represents a 4.27% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 16.80% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the stock. Telsey Advisory Group reiterated an “outperform” rating and set a $14.00 price objective on shares of Coursera in a report on Friday, February 6th. Wall Street Zen upgraded shares of Coursera from a “hold” rating to a “buy” rating in a report on Saturday. The Goldman Sachs Group decreased their target price on shares of Coursera from $9.00 to $6.00 and set a “sell” rating for the company in a research report on Saturday, February 7th. UBS Group reissued a “neutral” rating and set a $7.00 target price on shares of Coursera in a research report on Friday, February 6th. Finally, Royal Bank Of Canada decreased their target price on shares of Coursera from $11.00 to $8.00 and set an “outperform” rating for the company in a research report on Friday, February 6th. Eight research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $10.62.

Coursera Company Profile

Coursera, Inc (NYSE:COUR) operates a leading online learning platform that delivers courses, specializations, professional certificates and fully accredited degree programs in collaboration with top universities and industry partners. Founded in 2012 by Stanford University professors Andrew Ng and Daphne Koller, Coursera’s mission is to provide universal access to world-class education and bridge skill gaps in a rapidly evolving job market.

The platform features more than 6,000 offerings created by over 275 academic institutions and corporate entities, spanning fields such as data science, business, technology, health care and the arts.