Coursera Inc (NYSE: COUR) is -63.29% lower on its value in year-to-date trading and has touched a low of $6.29 and a high of $21.26 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The COUR stock was last observed hovering at around $6.98 in the last trading session, with the day’s gains setting it 0.13%.
Currently trading at $7.11, the stock is -0.18% and -4.76% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.79 million and changing 1.86% at the moment leaves the stock -25.76% off its SMA200. COUR registered -63.91% loss for a year compared to 6-month loss of -7.54%. The firm has a 50-day simple moving average (SMA 50) of $7.4652 and a 200-day simple moving average (SMA200) of $9.57655.
The stock witnessed a -6.69% gain in the last 1 month and extending the period to 3 months gives it a -14.85%, and is 2.60% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.37% over the week and 4.57% over the month.
Coursera Inc (COUR) has around 1295 employees, a market worth around $1.15B and $684.37M in sales. Fwd P/E is 21.16. Profit margin for the company is -11.44%. Distance from 52-week low is 13.04% and -66.56% from its 52-week high. The company has generated returns on investments over the last 12 months (-13.13%).
The EPS is expected to grow by 2891.94% this year.
Coursera Inc (COUR) Top Institutional Holders
301.0 institutions hold shares in Coursera Inc (COUR), with institutional investors hold 86.24% of the company’s shares. The shares outstanding are 155.32M, and float is at 132.08M with Short Float at 7.58%. Institutions hold 81.52% of the Float.
The top institutional shareholder in the company is BAILLIE GIFFORD & CO with over 22.3 million shares valued at $159.66 million. The investor’s holdings represent 14.2591% of the COUR Shares outstanding. As of 2024-06-30, the second largest holder is NEA MANAGEMENT COMPANY, LLC with 12.87 million shares valued at $92.13 million to account for 8.2286 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 11.44 million shares representing 7.3167% and valued at over $81.92 million, while BLACKROCK INC. holds 6.7996 of the shares totaling 10.63 million with a market value of $76.13 million.
Coursera Inc (COUR) Insider Activity
The most recent transaction is an insider sale by Clark Amanda , the company’s Director. SEC filings show that Clark Amanda sold 1,562 shares of the company’s common stock on Nov 15 ’24 at a price of $7.16 per share for a total of $11184.0. Following the sale, the insider now owns 73142.0 shares.
Coursera Inc disclosed in a document filed with the SEC on Nov 18 ’24 that Cardenas Alan B (SVP, General Counsel) sold a total of 6,102 shares of the company’s common stock. The trade occurred on Nov 18 ’24 and was made at $6.83 per share for $41651.0. Following the transaction, the insider now directly holds 0.19 million shares of the COUR stock.
Still, SEC filings show that on Nov 18 ’24, ALAN B CARDENAS (Officer) Proposed Sale 6,102 shares at an average price of $6.93 for $42287.0. The insider now directly holds shares of Coursera Inc (COUR).
