GSA Capital Partners LLP Has $201,000 Holdings in Coursera, Inc. (NYSE:COUR)

GSA Capital Partners LLP lessened its holdings in Coursera, Inc. (NYSE:COUR) by 46.9% during the third quarter, HoldingsChannel reports. The firm owned 25,288 shares of the company’s stock after selling 22,373 shares during the quarter. GSA Capital Partners LLP’s holdings in Coursera were worth $201,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. CWM LLC lifted its holdings in Coursera by 7,568.6% during the 2nd quarter. CWM LLC now owns 3,911 shares of the company’s stock worth $28,000 after buying an additional 3,860 shares during the period. Natixis bought a new position in shares of Coursera during the first quarter worth about $35,000. nVerses Capital LLC lifted its stake in shares of Coursera by 26.1% in the second quarter. nVerses Capital LLC now owns 8,700 shares of the company’s stock worth $62,000 after acquiring an additional 1,800 shares during the period. LGT Group Foundation bought a new stake in Coursera in the second quarter valued at approximately $73,000. Finally, Quarry LP increased its position in Coursera by 936.6% during the 2nd quarter. Quarry LP now owns 10,356 shares of the company’s stock valued at $74,000 after purchasing an additional 9,357 shares during the period. Institutional investors and hedge funds own 89.55% of the company’s stock.

Coursera Trading Up 1.9 %

NYSE:COUR opened at $7.11 on Monday. The company has a market cap of $1.13 billion, a price-to-earnings ratio of -13.94 and a beta of 1.44. Coursera, Inc. has a twelve month low of $6.29 and a twelve month high of $21.26. The stock has a fifty day simple moving average of $7.47 and a 200-day simple moving average of $7.64.

Analyst Ratings Changes

Several research analysts recently issued reports on COUR shares. BMO Capital Markets cut their target price on shares of Coursera from $10.00 to $9.00 and set an “outperform” rating on the stock in a research note on Friday, October 25th. Morgan Stanley dropped their price target on Coursera from $15.00 to $10.00 and set an “overweight” rating on the stock in a research note on Friday, October 25th. Telsey Advisory Group reaffirmed an “outperform” rating and set a $18.00 target price on shares of Coursera in a research report on Monday, October 21st. Needham & Company LLC lowered their price objective on shares of Coursera from $15.00 to $11.00 and set a “buy” rating on the stock in a report on Friday, October 25th. Finally, Royal Bank of Canada decreased their target price on shares of Coursera from $18.00 to $10.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. One analyst has rated the stock with a sell rating, one has issued a hold rating and nine have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $10.93.

Insiders Place Their Bets

In other news, Director Andrew Y. Ng sold 6,221 shares of the business’s stock in a transaction that occurred on Wednesday, September 18th. The stock was sold at an average price of $8.03, for a total transaction of $49,954.63. Following the transaction, the director now directly owns 7,297,671 shares in the company, valued at $58,600,298.13. The trade was a 0.09 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Alan B. Cardenas sold 6,102 shares of Coursera stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $6.83, for a total value of $41,676.66. Following the transaction, the senior vice president now owns 194,082 shares in the company, valued at approximately $1,325,580.06. The trade was a 3.05 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 13,885 shares of company stock worth $102,815. 16.30% of the stock is owned by corporate insiders.

Coursera Profile

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.