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Coursera (COUR) Receives a Hold from Raymond James

Tipranks - Fri Jun 26, 4:36AM CDT

In a report released yesterday, from Raymond James maintained a Hold rating on Coursera. The company’s shares closed yesterday at $6.09.

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Coursera has an analyst consensus of Strong Buy, with a price target consensus of $8.42.

Based on Coursera’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $195.7 million and a GAAP net loss of $20.5 million. In comparison, last year the company earned a revenue of $179.3 million and had a GAAP net loss of $7.8 million

Based on the recent corporate insider activity of 40 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of COUR in relation to earlier this year. Earlier this month, Insight Holdings Group, LLC, a Major Shareholder at COUR sold 1,921,372.00 shares for a total of $10,140,789.28.

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