Coursera Inc’s recently made public that its Director Ng Andrew Y. unloaded Company’s shares for reported $49964.0 on Sep 18 ’24. In the deal valued at $8.03 per share,6,221 shares were sold. As a result of this transaction, Ng Andrew Y. now holds 7,297,671 shares worth roughly $53.49 million.
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Then, Ng Andrew Y. bought 6,221 shares, generating $49,830 in total proceeds.
Before that, Ng Andrew Y. sold 25,000 shares. Coursera Inc shares valued at $210,067 were divested by the Director at a price of $8.40 per share. As a result of the transaction, Ng Andrew Y. now holds 7,203,892 shares, worth roughly $52.8 million.
Telsey Advisory Group reiterated its Coursera Inc [COUR] rating to an Outperform in a research note published on October 25, 2024; the price target was $15. A number of analysts have revised their coverage, including BofA Securities’s analysts, who began to cover the stock in mid September with a ‘”a Buy”‘ rating. Telsey Advisory Group also remained covering COUR and reiterated its “an Outperform” recommendation on April 30, 2024. Goldman revised its rating on January 19, 2024. It rated COUR as “a Sell” which previously was an “a Neutral”.
Price Performance Review of COUR
On Tuesday, Coursera Inc [NYSE:COUR] saw its stock fall -1.74% to $7.33. Over the last five days, the stock has gained 1.95%. Coursera Inc shares have fallen nearly -62.16% since the year began. Nevertheless, the stocks have fallen -60.72% over the past one year. While a 52-week high of $21.26 was reached on 01/29/24, a 52-week low of $6.29 was recorded on 10/25/24. SMA at 50 days reached $7.57, while 200 days put it at $10.03.
Levels Of Support And Resistance For COUR Stock
The 24-hour chart illustrates a support level at 7.20, which if violated will result in even more drops to 7.07. On the upside, there is a resistance level at 7.51. A further resistance level may holdings at 7.68. The Relative Strength Index (RSI) on the 14-day chart is 48.29, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.21, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 31.13%. Stochastics %K at 74.17% indicates the stock is a holding.
How much short interest is there in Coursera Inc?
A steep rise in short interest was recorded in Coursera Inc stocks on 2024-10-31, growing by 0.64 million shares to a total of 10.01 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 9.37 million shares. There was a rise of 6.4%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on October 12, 2023 when BMO Capital Markets began covering the stock and recommended ‘”an Outperform”‘ rating along with a $24 price target.
