Coursera, Inc. (NYSE:COUR) Shares Acquired by Jump Financial LLC

Jump Financial LLC grew its stake in shares of Coursera, Inc. (NYSE:COUR - Free Report) by 582.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 213,753 shares of the company's stock after acquiring an additional 182,453 shares during the quarter. Jump Financial LLC owned about 0.13% of Coursera worth $1,817,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of COUR. SBI Securities Co. Ltd. acquired a new position in Coursera during the fourth quarter worth approximately $35,000. FMR LLC grew its stake in shares of Coursera by 67.6% during the 3rd quarter. FMR LLC now owns 6,574 shares of the company's stock valued at $52,000 after buying an additional 2,651 shares during the period. KBC Group NV increased its holdings in shares of Coursera by 90.7% during the 4th quarter. KBC Group NV now owns 9,203 shares of the company's stock worth $78,000 after buying an additional 4,376 shares during the last quarter. Bank of Nova Scotia purchased a new position in shares of Coursera in the 4th quarter worth $96,000. Finally, New York State Teachers Retirement System acquired a new position in Coursera in the fourth quarter valued at $107,000. 89.55% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Coursera

In other news, SVP Alan B. Cardenas sold 5,613 shares of the stock in a transaction that occurred on Wednesday, February 19th. The stock was sold at an average price of $8.26, for a total transaction of $46,363.38. Following the completion of the transaction, the senior vice president now directly owns 180,413 shares in the company, valued at approximately $1,490,211.38. This represents a 3.02 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 16.80% of the company's stock.

Coursera Trading Down 2.5 %

COUR stock traded down $0.18 during trading on Monday, reaching $7.13. The stock had a trading volume of 1,858,621 shares, compared to its average volume of 2,336,897. The firm has a fifty day moving average price of $7.28 and a 200 day moving average price of $7.73. The company has a market capitalization of $1.15 billion, a P/E ratio of -13.71 and a beta of 1.42. Coursera, Inc. has a 1-year low of $5.76 and a 1-year high of $12.37.

Analyst Ratings Changes

COUR has been the subject of several research analyst reports. UBS Group upped their price target on Coursera from $7.50 to $8.50 and gave the stock a "neutral" rating in a research note on Friday, January 31st. Telsey Advisory Group restated an "outperform" rating and issued a $15.00 price target on shares of Coursera in a report on Tuesday, January 28th. JPMorgan Chase & Co. reduced their price target on shares of Coursera from $8.00 to $7.00 and set a "neutral" rating on the stock in a research report on Tuesday, April 8th. Morgan Stanley dropped their price objective on shares of Coursera from $10.00 to $9.00 and set an "overweight" rating for the company in a research report on Wednesday, April 16th. Finally, Needham & Company LLC reissued a "buy" rating and issued a $11.00 target price on shares of Coursera in a research note on Monday, January 27th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and seven have given a buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $9.67.

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.