Director Andrew Ng Sells 88,305 Shares of Coursera Inc
On December 20, 2023, Andrew Ng, a director at Coursera Inc (NYSE:COUR), sold 88,305 shares of the company's stock, 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, specializations, and degrees in a variety of subjects.
Over the past year, the insider has sold a total of 763,510 shares and has not made any purchases of the company's stock. The recent transaction is part of a trend observed over the past year, where there have been no insider buys and 104 insider sells for Coursera Inc.
On the day of the sale, shares of Coursera Inc were trading at $20.13, giving the company a market capitalization of $3.049 billion.
The stock's price-to-GF-Value ratio stands at 1.06, indicating that Coursera Inc is Fairly Valued based on its GF Value of $18.94. The GF Value is an intrinsic value estimate that takes into account historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates from 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.
