Coursera Inc (NYSE: COUR) is 4.12% higher on its value in year-to-date trading and has touched a low of $6.29 and a high of $17.32 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The COUR stock was last observed hovering at around $8.01 in the last trading session, with the day’s gains setting it 0.84%.
Currently trading at $8.85, the stock is 5.70% and 5.02% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.41 million and changing 10.49% at the moment leaves the stock 11.72% off its SMA200. COUR registered -48.00% loss for a year compared to 6-month gain of 13.90%. The firm has a 50-day simple moving average (SMA 50) of $8.427 and a 200-day simple moving average (SMA200) of $7.9218.
The stock witnessed a 1.72% loss in the last 1 month and extending the period to 3 months gives it a 20.74%, and is 10.07% 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 4.53% over the week and 5.45% over the month.
Coursera Inc (COUR) has around 1295 employees, a market worth around $1.40B and $694.67M in sales. Fwd P/E is 19.49. Profit margin for the company is -11.45%. Distance from 52-week low is 40.70% and -48.89% from its 52-week high. The company has generated returns on investments over the last 12 months (-13.25%).
The EPS is expected to grow by 8.65% this year.
Coursera Inc (COUR) Top Institutional Holders
297.0 institutions hold shares in Coursera Inc (COUR), with institutional investors hold 87.64% of the company’s shares. The shares outstanding are 158.40M, and float is at 130.87M with Short Float at 5.97%. Institutions hold 81.84% 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 14.267% 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 8.2331 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 Ng Andrew Y., the company’s Director. SEC filings show that Ng Andrew Y. sold 25,000 shares of the company’s common stock on Jan 15 ’25 at a price of $8.67 per share for a total of $0.22 million. Following the sale, the insider now owns 7.25 million shares.
Still, SEC filings show that on Dec 18 ’24, Ng Andrew Y. (Director) disposed off 25,000 shares at an average price of $8.75 for $0.22 million. The insider now directly holds 7,271,671 shares of Coursera Inc (COUR).
