SCHEDULE 13G/A: BlackRock Amends Stake in Coursera, Disclosing 6.7% Beneficial Ownership
Beneficial Ownership Statement Amendment
BlackRock, Inc. has filed an Amendment No. 3 to its Schedule 13G, disclosing a 6.7% beneficial ownership stake in Coursera, Inc. as of March 31, 2025.
Summary
- BlackRock, Inc. reported beneficial ownership of 10,687,252 shares of Coursera, Inc. common stock.
- This represents 6.7% of Coursera's total outstanding common stock.
- BlackRock holds sole voting power over 10,540,816 shares and sole dispositive power over all 10,687,252 shares.
- The filing certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of Coursera.
- Several BlackRock subsidiaries are identified as entities that may beneficially own shares, with at least one holding 5% or more of the outstanding shares.
Sentiment
Score: 5
Explanation: Neutral. This is a routine regulatory filing disclosing a passive ownership stake, providing no positive or negative operational or financial news about the issuer.
Future Outlook
NA
Industry Context
This filing is a routine disclosure by a large institutional asset manager, BlackRock, regarding its passive investment stake in Coursera, an online learning platform. It does not provide specific insights into broader industry trends or competitive dynamics beyond indicating continued institutional interest in the education technology sector.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney Update | BlackRock, Inc. issued a new Power of Attorney, effective January 21, 2025, which revokes a previous one dated April 30, 2023. This document authorizes specific individuals to execute SEC filings on behalf of BlackRock and its affiliates. | 2025-01-21 | This is an internal administrative update for BlackRock, ensuring proper authorization for regulatory filings. It has no direct impact on Coursera's corporate governance. |
Stakeholder Impact
- This filing primarily impacts shareholders by providing transparency on a significant institutional investor's stake, confirming BlackRock's continued passive investment in Coursera. It does not directly impact employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 2023-04-30 | Date of previous Power of Attorney revoked by the new one. |
| 2025-01-21 | Effective date of the new Power of Attorney issued by BlackRock, Inc. |
| 2025-03-31 | Date of event which requires the filing of this statement (reporting period end date). |
| 2025-04-17 | Date of filing and signature by BlackRock, Inc. |
Keywords
BlackRock, Coursera, Schedule 13G, Beneficial Ownership, Institutional Investor, Common Stock, Education Technology, Online Learning
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.