Director Andrew Ng Sells 75,000 Shares of Coursera Inc (COUR)
Andrew Ng, a director at Coursera Inc (NYSE:COUR), sold 75,000 shares of the company on January 17, 2024, according to a recent SEC Filing. Coursera Inc is an education technology company that provides a platform for online learning and instruction. It partners with universities and other organizations to offer online courses, certifications, and degrees in a variety of subjects.
Over the past year, the insider has sold a total of 838,510 shares and has not made any purchases of the company's stock.
The insider transaction history for Coursera Inc shows a pattern of insider selling, with 0 insider buys and 108 insider sells over the past year.
On the day of the insider's recent sale, shares of Coursera Inc were trading at $19.49, giving the company a market cap of $2.986 billion.
With the current share price of $19.49 and a GuruFocus Value of $19.13, Coursera Inc has a price-to-GF-Value ratio of 1.02, indicating that the stock is Fairly Valued based on its GF Value.
The GF Value is an intrinsic value estimate that takes into account historical trading multiples, a GuruFocus adjustment factor based on the company's past performance, and future business performance estimates provided by Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
This article first appeared on GuruFocus.
