WINTON GROUP Ltd Takes $295,000 Position in Coursera, Inc. (NYSE:COUR)

WINTON GROUP Ltd bought a new stake in Coursera, Inc. (NYSE:COUR) in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 41,257 shares of the company’s stock, valued at approximately $295,000.

A number of other large investors have also recently made changes to their positions in the company. Dimensional Fund Advisors LP lifted its position in Coursera by 17.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,216,066 shares of the company’s stock worth $42,927,000 after acquiring an additional 328,030 shares during the period. Mutual of America Capital Management LLC increased its position in Coursera by 84.5% during the first quarter. Mutual of America Capital Management LLC now owns 227,616 shares of the company’s stock worth $3,191,000 after buying an additional 104,236 shares in the last quarter. M&G Plc purchased a new position in Coursera during the second quarter worth $5,048,000. Gilder Gagnon Howe & Co. LLC grew its position in shares of Coursera by 164.6% in the fourth quarter. Gilder Gagnon Howe & Co. LLC now owns 1,766,369 shares of the company’s stock valued at $34,215,000 after purchasing an additional 1,098,701 shares during the period. Finally, SG Americas Securities LLC grew its position in shares of Coursera by 461.8% in the first quarter. SG Americas Securities LLC now owns 80,360 shares of the company’s stock valued at $1,127,000 after purchasing an additional 66,056 shares during the period. 89.55% of the stock is owned by institutional investors and hedge funds.

Coursera Stock Performance

Shares of NYSE COUR opened at $7.65 on Thursday. Coursera, Inc. has a 1 year low of $6.35 and a 1 year high of $21.26. The firm has a market cap of $1.19 billion, a price-to-earnings ratio of -11.08 and a beta of 1.42. The stock’s 50-day simple moving average is $8.00 and its 200-day simple moving average is $9.51.

Coursera (NYSE:COUR) last announced its quarterly earnings data on Thursday, July 25th. The company reported $0.09 earnings per share for the quarter, beating the consensus estimate of $0.01 by $0.08. The firm had revenue of $170.30 million during the quarter, compared to analyst estimates of $164.67 million. Coursera had a negative return on equity of 13.92% and a negative net margin of 14.35%. Coursera’s quarterly revenue was up 10.8% on a year-over-year basis. During the same period in the previous year, the company earned ($0.20) earnings per share. As a group, research analysts predict that Coursera, Inc. will post -0.44 EPS for the current year.

Analyst Upgrades and Downgrades

COUR has been the subject of a number of recent analyst reports. KeyCorp lowered their price objective on Coursera from $14.00 to $12.00 and set an “overweight” rating for the company in a research report on Monday, July 22nd. BMO Capital Markets lifted their target price on Coursera from $10.00 to $11.00 and gave the company an “outperform” rating in a report on Friday, July 26th. Royal Bank of Canada reiterated an “outperform” rating and issued a $18.00 target price on shares of Coursera in a report on Friday, July 26th. Cantor Fitzgerald upgraded Coursera to a “strong-buy” rating in a report on Tuesday, August 13th. Finally, Telsey Advisory Group restated an “outperform” rating and set a $18.00 price objective on shares of Coursera in a research note on Monday, July 22nd. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $15.10.

Insider Activity at Coursera

In related news, SVP Alan B. Cardenas sold 6,285 shares of the business’s stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $8.27, for a total value of $51,976.95. Following the completion of the sale, the senior vice president now directly owns 207,434 shares of the company’s stock, valued at $1,715,479.18. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In other news, Director Andrew Y. Ng sold 25,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 21st. The stock was sold at an average price of $8.40, for a total transaction of $210,000.00. Following the completion of the transaction, the director now directly owns 7,203,892 shares of the company’s stock, valued at $60,512,692.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Alan B. Cardenas sold 6,285 shares of the company’s stock in a transaction that occurred on Monday, August 19th. The shares were sold at an average price of $8.27, for a total value of $51,976.95. Following the transaction, the senior vice president now directly owns 207,434 shares of the company’s stock, valued at $1,715,479.18. The disclosure for this sale can be found here. Insiders sold a total of 32,847 shares of company stock valued at $274,832 over the last three months. 16.30% of the stock is owned by insiders.

About Coursera

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.