Coursera, Inc. (NYSE:COUR – Get Rating) Director Carmen Chang sold 1,226 shares of the company’s stock in a transaction that occurred on Wednesday, March 15th. The shares were sold at an average price of $11.82, for a total value of $14,491.32. Following the completion of the sale, the director now owns 31,640 shares of the company’s stock, valued at $373,984.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
Coursera Stock Down 5.2 %
NYSE:COUR traded down $0.62 on Friday, reaching $11.20. 1,576,948 shares of the company’s stock were exchanged, compared to its average volume of 948,289. The firm has a market capitalization of $1.68 billion, a price-to-earnings ratio of -9.26 and a beta of 1.77. Coursera, Inc. has a 52-week low of $9.81 and a 52-week high of $24.01. The business has a fifty day moving average of $13.39 and a 200-day moving average of $12.66.
Analyst Ratings Changes
A number of equities research analysts have recently issued reports on COUR shares. Royal Bank of Canada restated an “outperform” rating and issued a $18.00 price target on shares of Coursera in a research report on Friday, March 10th. Truist Financial lowered Coursera from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $17.50 to $12.00 in a research report on Monday, February 27th. Telsey Advisory Group reiterated an “outperform” rating and issued a $20.00 price objective on shares of Coursera in a research report on Friday, March 10th. Cantor Fitzgerald lowered Coursera from an “overweight” rating to a “neutral” rating and lowered their price objective for the stock from $17.00 to $16.00 in a research report on Friday, February 10th. Finally, Citigroup lowered their price objective on Coursera from $40.00 to $30.00 and set a “buy” rating for the company in a research report on Wednesday, February 15th. Six research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Coursera presently has a consensus rating of “Moderate Buy” and a consensus price target of $17.58.
Institutional Investors Weigh In On Coursera
Coursera, Inc operates an online educational content platform that connects learners, educators, organizations, and institutions. It offers online courses that include data science, business, computer science, information technology, health, social sciences, logic, project management, and digital marketing services; campus student plans; degree courses; and certification education.
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