Two Creeks Capital Management LP Lowers Holdings in Coupang, Inc. $CPNG

Two Creeks Capital Management LP cut its holdings in shares of Coupang, Inc. (NYSE:CPNG) by 24.9% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,656,867 shares of the company’s stock after selling 549,430 shares during the quarter. Coupang accounts for 3.8% of Two Creeks Capital Management LP’s investment portfolio, making the stock its 15th largest position. Two Creeks Capital Management LP’s holdings in Coupang were worth $53,351,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Prudential PLC acquired a new stake in shares of Coupang in the third quarter valued at $470,000. Quinn Opportunity Partners LLC acquired a new stake in Coupang in the 3rd quarter valued at about $966,000. Chesapeake Capital Corp IL purchased a new position in shares of Coupang in the 3rd quarter valued at about $520,000. Capital Wealth Planning LLC grew its position in shares of Coupang by 18.7% during the third quarter. Capital Wealth Planning LLC now owns 195,915 shares of the company’s stock worth $6,308,000 after buying an additional 30,838 shares in the last quarter. Finally, Dodge & Cox increased its stake in shares of Coupang by 0.7% during the third quarter. Dodge & Cox now owns 46,947,720 shares of the company’s stock worth $1,511,717,000 after buying an additional 333,200 shares during the period. Institutional investors and hedge funds own 83.72% of the company’s stock.

Coupang Trading Down 0.5%

NYSE:CPNG opened at $18.46 on Friday. The company has a market capitalization of $33.71 billion, a PE ratio of 153.80 and a beta of 1.20. Coupang, Inc. has a 52-week low of $16.74 and a 52-week high of $34.08. The stock’s 50 day moving average price is $19.58 and its 200 day moving average price is $25.75. The company has a quick ratio of 0.79, a current ratio of 1.04 and a debt-to-equity ratio of 0.14.

Coupang (NYSE:CPNG) last issued its quarterly earnings data on Thursday, February 26th. The company reported ($0.01) earnings per share for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.03). The firm had revenue of $8.84 billion during the quarter, compared to analysts’ expectations of $9.12 billion. Coupang had a net margin of 0.60% and a return on equity of 4.52%. Coupang’s quarterly revenue was up 10.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.04 EPS. On average, research analysts anticipate that Coupang, Inc. will post 0.17 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages recently issued reports on CPNG. Sanford C. Bernstein reiterated an “underperform” rating on shares of Coupang in a research note on Monday, March 2nd. UBS Group set a $25.00 price objective on shares of Coupang in a research report on Thursday, February 19th. Nomura cut their price target on Coupang from $22.00 to $20.00 and set a “neutral” rating on the stock in a research note on Monday, March 2nd. Mizuho dropped their price objective on Coupang from $32.00 to $25.00 and set a “neutral” rating on the stock in a report on Friday, February 27th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Coupang from a “hold” rating to a “buy” rating and set a $25.00 price target on the stock in a research note on Friday, January 16th. Six equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $26.70.

Insider Transactions at Coupang

In other news, CAO Jonathan D. Lee sold 2,679 shares of the company’s stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $23.62, for a total transaction of $63,277.98. Following the completion of the sale, the chief accounting officer owned 122,096 shares in the company, valued at $2,883,907.52. This represents a 2.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Neil Mehta acquired 2,332,863 shares of the stock in a transaction that occurred on Friday, March 13th. The stock was purchased at an average price of $18.40 per share, for a total transaction of $42,924,679.20. Following the completion of the transaction, the director owned 55,310,977 shares in the company, valued at $1,017,721,976.80. The trade was a 4.40% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders bought 7,350,104 shares of company stock valued at $136,566,051 over the last ninety days. Corporate insiders own 12.78% of the company’s stock.

Key Headlines Impacting Coupang

Here are the key news stories impacting Coupang this week:

• Positive Sentiment: Director Neil Mehta bought a total of ~7.35 million CPNG shares across March 11–13 (~$18.40–$18.68 per share), representing roughly $136.5M of purchases and boosting his stake to ~55.3M shares — a strong insider vote of confidence that can support the stock. Read More. Read More.
• Neutral Sentiment: Analysts’ reactions after Q4 are mixed — some note improving revenue growth but others highlight margin/earnings pressure and differing price targets, leaving near-term sentiment uncertain. Read More. Read More.
• Neutral Sentiment: Market commentary highlights elevated investor attention and mixed valuation signals — some argue recent share weakness creates an undervaluation opportunity, while others point to execution risks. Read More. Read More.
• Negative Sentiment: Near-term headwinds remain: recent quarterly results missed consensus on EPS and revenue, margins are thin and the stock trades below its 50-day and 200-day moving averages with a high trailing P/E, which can keep downward pressure absent clearer improvement in fundamentals. (Reference: analyst coverage and company Q4 commentary linked above.)

About Coupang

Coupang, listed on the New York Stock Exchange under the ticker CPNG, is a South Korean e-commerce company headquartered in Seoul. Founded in 2010 by Bom Kim, the company grew rapidly by combining an online marketplace with a large direct-retail business model. Coupang completed a primary listing in the United States in 2021, and it has become one of South Korea’s leading online retailers by focusing on convenience, speed and a wide product assortment across consumer categories.

The company operates a vertically integrated e-commerce platform that includes a customer-facing marketplace and an extensive logistics and fulfillment network.