shravan goli insider at coursera nysecour made a large buy and sell of company shares on november 17 according to a new sec filing what happened a form 4 filing from the us securities and exchange commission states that shravan goli exercised options to purchase 17000 coursera shares at a price of 223 per share for a total of 37910 on november 17 they then sold their shares on succeeding transactions in the open market they sold at prices ranging from 3565 to 3636 to raise a total of 654669 from the stock sale following the transaction goli still owns 231650 shares of the company worth 785177600 coursera shares are trading down 463 at 339 at the time of this writing on thursday morning now trade stocks online commission free with charles schwab a trusted and complete investment firm insider transactions shouldnt be used primarily to make an investing decision however an insider transaction can be an important factor in the investing decision in legal terms an insider refers to any shareholder who owns at least 10 of a company this can include executives in the csuite and large hedge funds these insiders are required to let the public know of their transactions via a form 4 filing which must be filed within two business days of the transaction when a company insider makes a new purchase that is an indication that they expect the stock to rise insider sells on the other hand can be made for a variety of reasons and may not necessarily mean that the seller thinks the stock will go down investors prefer focusing on transactions that take place in the open market indicated in table i of the form 4 filing a p in box 3 indicates a purchase while s indicates a sale transaction code c indicates the conversion of an option and transaction code a indicates the insider may have been forced to sell shares in order to receive compensation that had been promised upon being hired by the company check out the full list of courseras insider trades this article was generated by benzingas automated content engine and reviewed by an editor