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Coursera , Inc. (NYSE:COUR), the online education platform with a market capitalization of $1.31 billion, saw its Senior Vice President and General Counsel Alan B. Cardenas recently sell shares of the company’s common stock, according to a Securities and Exchange Commission filing. InvestingPro analysis indicates the company is currently undervalued, with strong financial health supported by a cash-rich balance sheet. On February 19, Cardenas sold 5,613 shares valued at approximately $46,343, with prices ranging from $8.21 to $8.38 per share. This transaction was executed under a pre-established Rule 10b5-1 trading plan, which Cardenas adopted in February 2024. The current stock price of $8.25 sits well below analyst targets ranging from $7 to $12, with six analysts recently revising their earnings expectations upward.
In addition to the sale, on February 15, Cardenas had 8,056 shares withheld by Coursera to cover tax liabilities associated with the vesting of restricted stock units, valued at $71,295 at a price of $8.85 per share. Following these transactions, Cardenas holds 180,413 shares directly. Get deeper insights into Coursera’s valuation and 7 additional key metrics with InvestingPro’s comprehensive research report.
In other recent news, Coursera Inc. reported its fourth-quarter 2024 earnings, exceeding analysts’ expectations with an earnings per share (EPS) of $0.08, doubling the forecast of $0.04. The company’s revenue also surpassed projections, reaching $179.2 million compared to the anticipated $176.49 million. Despite these positive results, Coursera’s stock experienced a decline of 8.87% during regular trading hours. The company achieved a 6% year-over-year revenue growth for the quarter and a 9% increase for the full year, amounting to $695 million. Coursera continues to expand its offerings, launching new AI-driven educational products and extending its global reach. The company has also been focusing on its Consumer and Enterprise segments, although it anticipates challenges in the Degrees segment. Analysts have noted Coursera’s strategic shifts and highlighted its performance in North America’s business AI upskilling. Looking forward, Coursera projects its first-quarter 2025 revenue to be between $173 million and $177 million.
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