Coursera Inc’s recent filing unveils that its Director Ng Andrew Y. unloaded Company’s shares for reported $0.21 million on Feb 19 ’25. In the deal valued at $8.26 per share,25,000 shares were sold. As a result of this transaction, Ng Andrew Y. now holds 7,221,561 shares worth roughly $55.82 million.
Then, Ng Andrew Y. sold 110 shares, generating $952 in total proceeds. Upon selling the shares at $8.65, the Director now owns 7,246,561 shares.
Before that, Cardenas Alan B sold 5,613 shares. Coursera Inc shares valued at $46,343 were divested by the SVP, General Counsel at a price of $8.26 per share. As a result of the transaction, Cardenas Alan B now holds 180,413 shares, worth roughly $1.39 million.
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 Tuesday, Coursera Inc [NYSE:COUR] saw its stock jump 0.78% to $7.73. Over the last five days, the stock has lost -4.80%. Coursera Inc shares have fallen nearly -9.06% since the year began. Nevertheless, the stocks have fallen -51.90% over the past one year. While a 52-week high of $15.97 was reached on 01/29/25, a 52-week low of $6.29 was recorded on 02/03/25. SMA at 50 days reached $8.34, while 200 days put it at $7.85.
Levels Of Support And Resistance For COUR Stock
The 24-hour chart illustrates a support level at 7.52, which if violated will result in even more drops to 7.31. On the upside, there is a resistance level at 7.86. A further resistance level may holdings at 7.99. The Relative Strength Index (RSI) on the 14-day chart is 41.07, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.33, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 77.71%. Stochastics %K at 24.90% indicates the stock is a holding.
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.
