SCHEDULE: Morgan Stanley Reduces Coursera Stake Below 5%

Morgan Stanley has filed an amendment to its Schedule 13G, indicating it is no longer a beneficial owner of more than five percent of Coursera, Inc.'s common stock.

Summary

• Morgan Stanley filed an Amendment No. 1 to its Schedule 13G regarding its beneficial ownership in Coursera, Inc.
• As of September 30, 2025, Morgan Stanley ceased to be the beneficial owner of more than five percent of Coursera's common stock.
• Morgan Stanley now beneficially owns an aggregate of 2,089,722 shares of Coursera's common stock.
• This represents 1.3% of the class of securities.
• Morgan Stanley holds 0.00 sole voting power, 1,275,231.00 shared voting power, 0.00 sole dispositive power, and 2,089,722.00 shared dispositive power.
• The securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of Coursera, Inc.

Sentiment

Score: 5

Explanation: This is a neutral regulatory filing indicating a change in institutional ownership below a reporting threshold. It provides no direct positive or negative information about the issuer's performance or prospects.

Future Outlook

This filing does not contain any forward-looking statements or guidance from Coursera, Inc. or Morgan Stanley regarding Coursera's future performance.

Industry Context

This filing reflects a routine disclosure of an institutional investor's change in ownership below a significant threshold. It does not provide insights into Coursera's operational performance or the broader online education industry trends, but rather Morgan Stanley's portfolio management decisions.

Stakeholder Impact

• Shareholders: The reduction in Morgan Stanley's stake might be interpreted by some as a slight decrease in institutional confidence, though it is a common portfolio management activity and does not necessarily reflect a negative view on Coursera's fundamentals.

Key Dates

Recommendation

This filing is a routine disclosure of an institutional investor reducing its stake below a 5% threshold. It does not provide fundamental information about Coursera's business, financial performance, or future prospects that would warrant a change in investment recommendation. A 'hold' recommendation is appropriate as this specific filing offers no new actionable insights for a seasoned investor to alter their position based solely on this information.

Keywords

Coursera, Morgan Stanley, Schedule 13G, Beneficial Ownership, Common Stock, Stake Reduction, Institutional Ownership