Coursera Inc’s recently made public that its Director Ng Andrew Y. unloaded Company’s shares for reported $0.22 million on Dec 18 ’24. In the deal valued at $8.75 per share,25,000 shares were sold. As a result of this transaction, Ng Andrew Y. now holds 7,271,671 shares worth roughly $60.5 million.
Then, Ng Andrew Y. sold 1,000 shares, generating $8,781 in total proceeds. Upon selling the shares at $8.78, the Director now owns 7,296,671 shares.
Before that, Ng Andrew Y. bought 26,000 shares. Coursera Inc shares valued at $225,940 were divested by the Director at a price of $8.69 per share.
Scotiabank initiated its Coursera Inc [COUR] rating to a Sector perform in a research note published on December 05, 2024; the price target was $9. A number of analysts have revised their coverage, including JP Morgan’s analysts, who began to cover the stock in late November with a ‘”a Neutral”‘ rating. Telsey Advisory Group also remained covering COUR and reiterated its “an Outperform” recommendation on October 25, 2024. BofA Securities started covering the stock on September 19, 2024. It rated COUR as “a Buy”.
Price Performance Review of COUR
On Monday, Coursera Inc [NYSE:COUR] saw its stock fall -0.83% to $8.32. Over the last five days, the stock has gained 0.12%. Coursera Inc shares have fallen nearly -57.05% since the year began. Nevertheless, the stocks have fallen -57.51% over the past one year. While a 52-week high of $20.73 was reached on 01/29/24, a 52-week low of $6.29 was recorded on 10/25/24. SMA at 50 days reached $7.75, while 200 days put it at $8.66.
Levels Of Support And Resistance For COUR Stock
The 24-hour chart illustrates a support level at 8.14, which if violated will result in even more drops to 7.95. On the upside, there is a resistance level at 8.45. A further resistance level may holdings at 8.57. The Relative Strength Index (RSI) on the 14-day chart is 53.48, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.05, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 57.66%. Stochastics %K at 48.79% 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 2024-12-13, dropping by -1.61 million shares to a total of 8.47 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 10.08 million shares. There was a decline of -19.04%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on April 30, 2024 when Telsey Advisory Group resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $18.
