Andrew Y. Ng Sells 50,000 Shares of Coursera, Inc. (NYSE:COUR) Stock

Andrew Y. Ng is a renowned computer scientist and entrepreneur who co-founded Coursera, an online learning platform that offers courses from top universities and institutions worldwide. On August 10, 2021, it was announced that Ng had sold 50,000 shares of Coursera, Inc. stock on the New York Stock Exchange (NYSE) under the ticker symbol COUR.

The sale of these shares represents a significant portion of Ng's stake in the company, as he previously held approximately 12% of Coursera's outstanding shares. The exact reason for the sale is not disclosed, but it may be related to personal or professional reasons, or simply a decision to diversify his investment portfolio.

It's worth noting that Ng has been an active investor in various technology companies and startups over the years. In addition to co-founding Coursera, he also founded Google Brain, a research and development unit focused on artificial intelligence and machine learning. He has also invested in several other companies, including Baidu, Alibaba, and Square.

Coursera, Inc. is a publicly traded company that was founded in 2012 by Ng and his colleagues at Stanford University. The company offers a wide range of online courses and specializations in various fields such as computer science, business, data science, and more. Coursera has partnerships with over 800 universities and institutions worldwide, and it has over 7 million registered learners from around the world.

In conclusion, Andrew Y. Ng's sale of 50,000 shares of Coursera, Inc. stock on the NYSE represents a significant transaction in the online education industry. While the exact reason for the sale is not disclosed, it may be related to personal or professional reasons, or simply a decision to diversify his investment portfolio.