Pale Fire Capital SE acquires $31.45m Coursera stock
Coursera Inc. (NASDAQ:COUR) experienced a significant acquisition as Pale Fire Capital SE purchased approximately $31.45 million worth of the company's common stock. This investment took place between November 3 and November 5, 2026, when the company saw its stock price plummet to $3.75, down 53% from the previous year and 58% below its 52-week high of $8.89.
Despite the drop, InvestingPro analysis suggests that Coursera may be undervalued, with a Fair Value estimate indicating potential for upside growth. The shares were acquired at prices ranging from $3.6700 to $3.8795 per share, with the largest single transaction being 3,130,149 shares purchased on November 5, 2026, at a weighted average price of $3.722.
The company, under the control of Pale Fire Capital SE, continues to face challenges and uncertainty, as evidenced by recent earnings reports and analyst downgrades.
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