Coursera Insiders Sell Shares: Director and SVP Transactions Revealed

Coursera director Clark Amanda sells shares worth over $12k By Investing.com

Coursera , Inc. (NYSE:COUR) director Amanda Clark has recently sold shares in the company, according to the latest regulatory filings. The transactions, which took place on August 15, 2024, involved the sale of 1,562 shares of common stock at a weighted average price of $8.2312 per share. The total value of the shares sold by Clark amounted to approximately $12,857. The sales were conducted in multiple transactions at prices ranging from $8.03 to $8.41. This information was disclosed in a footnote to the filing, which also mentioned that Clark is ready to provide more detailed information regarding the individual sales if requested by the Securities and Exchange Commission, the issuer, or any security holder of the issuer. Following the sale, Clark still owns a total of 74,704 shares of Coursera, Inc. The transactions were carried out under a Rule 10b5-1 trading plan, which was previously adopted by Clark on June 13, 2023. Rule 10b5-1 plans allow company insiders to set up predetermined trading plans for selling stocks they own, providing them a defense against potential accusations of insider trading. The filing was signed by Sylvia Lexington, Attorney-in-Fact, on behalf of Clark on August 19, 2024. Investors often monitor insider sales as they can provide insights into an insider's perspective on the value of the company's stock. However, it is also common for insiders to sell shares for personal financial management reasons that are not necessarily indicative of their outlook on the company's future performance. In other recent news, Coursera Inc (NYSE:COUR). has seen a surge in demand for artificial intelligence (AI) content, leading to impressive earnings and revenue performance. Cantor Fitzgerald has recognized this strong performance, raising its shares target for Coursera to $22.00 and maintaining an Overweight rating. The firm also adjusted its future revenue and EBITDA forecasts, indicating a slight increase in predictions for FY24 and FY25. Coursera's recent success is attributed not only to increased interest in AI-related content but also to a significant uptick in international learners and robust enrollment numbers. However, analysts at Goldman Sachs (NYSE:GS) have downgraded Coursera's 12-month price target to $9.00, maintaining a Sell rating due to some unanswered questions about the company's future trajectory. In contrast, Needham has maintained a Buy rating on Coursera, following the company's better-than-expected Q2 results. The company's recent developments include advancements in its AI offerings, with over two million enrollments in its AI catalog, and the launch of a record 16 new professional certificate programs. Looking ahead, Coursera expects Q3 revenue to range between $171 million and $175 million and plans to continue expanding its Degree and Enterprise segments. These are the most recent developments for Coursera, a company that continues to innovate in the education sector. Amidst the recent insider trading activity at Coursera, Inc. (NYSE:COUR), where director Amanda Clark sold shares, investors are keen to understand the company's financial health and future prospects. According to InvestingPro data, Coursera's market capitalization stands at $1.3 billion, reflecting the size and scale of the business in the competitive online education sector. InvestingPro Tips suggest a mixed financial landscape for Coursera. On the positive side, the company holds more cash than debt on its balance sheet, which could provide a cushion against market downturns and give the company flexibility in its operations. Additionally, Coursera's liquid assets exceed short-term obligations, indicating a healthy liquidity position that is crucial for meeting immediate financial needs. However, it's important to note that Coursera has not been profitable over the last twelve months, with a negative P/E ratio of -13.24. This suggests that investors are currently valuing the company in anticipation of future earnings rather than present profitability. Despite this, analysts predict that the company will be profitable this year, which could signal a turnaround in its financial performance. InvestingPro also notes that the stock has experienced high price volatility, which could be a point of consideration for investors with a lower risk tolerance. Over the last six months, the stock has taken a significant hit, with a 49.76% decrease in price total return. Yet, there's been a strong return over the last month, with a 15.6% increase, perhaps indicating a rebound or a positive market reaction to recent events or announcements. For those interested in more detailed analysis, InvestingPro offers additional tips on Coursera, Inc., which can be found at https://www.investing.com/pro/COUR. These insights may further assist investors in making informed decisions regarding their investments in Coursera.

Coursera SVP sells over $52k in company stock By Investing.com

Coursera , Inc. (NYSE:COUR) recently disclosed transactions involving the sale and withholding of shares by one of its top executives. Alan B. Cardenas, the company's Senior Vice President and General Counsel, engaged in a sale of Coursera shares, according to the latest filing with the Securities and Exchange Commission. On August 19, 2024, Cardenas sold 6,285 shares of Coursera stock at a weighted average price of $8.2748 per share, totaling approximately $52,007. The sales were conducted in multiple transactions at prices ranging from $8.19 to $8.43. The transactions were executed in accordance with a pre-arranged trading plan established on February 13, 2024, which allows company insiders to sell shares at predetermined times to avoid accusations of trading on non-public information. In addition to the sale, on August 15, 2024, Cardenas also had 6,870 shares of common stock withheld by Coursera to satisfy tax obligations upon the vesting of certain restricted stock units. The withholding was valued at $8.38 per share, amounting to a total of $57,570. Following these transactions, Cardenas still holds a substantial number of shares in the company, with 207,434 shares remaining in his possession. This indicates a continued investment in Coursera's future and alignment with the company's long-term success. Investors often monitor insider transactions as they can provide insights into executives' perspectives on the company's value and prospects. Coursera, a provider of prepackaged software services, is known for its online learning platform that offers a variety of educational content and credentials. The transactions were disclosed in a formal SEC filing and are part of the public record. Interested parties can obtain further details upon request from the Securities and Exchange Commission or Coursera. In other recent news, Coursera Inc (NYSE:COUR). has shown robust performance in its recent financial reports, with Q2 revenue rising to $170.3 million, marking an 11% increase year-over-year. This growth was largely driven by an uptick in international learners and strong enrollment numbers, in addition to advancements in its generative AI offerings, with over two million enrollments in its AI catalog. However, the company's Enterprise Retention rate remained below 100%. Cantor Fitzgerald raised its shares target for Coursera to $22.00 from $21.00, maintaining an Overweight rating. This decision followed Coursera's performance, which surpassed consensus estimates on key financial metrics, further bolstered by the increased interest in AI-related content. On the other hand, Goldman Sachs (NYSE:GS) maintained a Sell rating on Coursera, reducing the 12-month price target from $10.50 to $9.00. In contrast, Needham maintained a Buy rating on Coursera, following the company's better-than-expected Q2 results. Coursera also launched a record 16 new professional certificate programs and introduced AI-powered innovations such as Coursera Coach and Course Builder. Looking ahead, Coursera expects Q3 revenue to range between $171 million and $175 million, and plans to continue expanding its Degree and Enterprise segments. These are the recent developments reflecting Coursera's ongoing efforts to diversify and adapt to market demands. As investors analyze the recent insider transactions at Coursera, Inc. (NYSE:COUR), it's important to consider the broader financial context of the company. Coursera's market capitalization stands at approximately $1.3 billion, reflecting its position in the market. Despite the challenges, the company's management has been actively engaged in share buybacks, signaling confidence in Coursera's potential value. This aligns with the actions of Alan B. Cardenas, Coursera's Senior Vice President and General Counsel, who maintains a substantial holding in the company after the recent sale and withholding of shares. On the financial health front, Coursera holds more cash than debt on its balance sheet, which is a positive sign of the company's liquidity and financial resilience. The company has also been experiencing revenue growth, with a 16.19% increase over the last twelve months as of Q2 2024, and a gross profit margin of 52.3%. These figures may offer investors some reassurance about the company's ability to generate income and manage costs effectively. Looking ahead, Coursera's net income is expected to grow this year, according to analyst predictions. This prospective financial improvement could be a driving factor for future share price performance and investor sentiment. Additionally, while the stock has experienced high price volatility and took a significant hit over the last six months, it has shown a strong return over the last month. This volatility and recent recovery may present opportunities for investors with a keen eye on market dynamics and a tolerance for risk. For those seeking further insights, there are additional InvestingPro Tips available for Coursera, which can be found on the InvestingPro platform. These tips provide deeper analysis and data that could be instrumental in making informed investment decisions.