Coupang, Inc. $CPNG Shares Purchased by Eminence Capital LP

Eminence Capital LP increased its stake in shares of Coupang, Inc. (NYSE:CPNG) by 38.0% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 9,434,385 shares of the company’s stock after buying an additional 2,597,282 shares during the quarter. Coupang comprises 3.7% of Eminence Capital LP’s holdings, making the stock its 4th largest position. Eminence Capital LP’s holdings in Coupang were worth $303,787,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Brevan Howard Capital Management LP grew its holdings in Coupang by 550.1% in the 3rd quarter. Brevan Howard Capital Management LP now owns 306,770 shares of the company’s stock valued at $9,878,000 after buying an additional 259,583 shares in the last quarter. Capitolis Liquid Global Markets LLC purchased a new position in shares of Coupang during the 3rd quarter worth $7,546,000. Bank of America Corp DE boosted its position in shares of Coupang by 198.8% during the 3rd quarter. Bank of America Corp DE now owns 5,510,247 shares of the company’s stock valued at $177,430,000 after acquiring an additional 3,666,227 shares during the last quarter. Bank of Nova Scotia grew its holdings in shares of Coupang by 333.6% in the third quarter. Bank of Nova Scotia now owns 879,000 shares of the company’s stock valued at $28,304,000 after purchasing an additional 676,300 shares during the period. Finally, Boothbay Fund Management LLC increased its position in Coupang by 119.2% during the third quarter. Boothbay Fund Management LLC now owns 38,944 shares of the company’s stock worth $1,254,000 after purchasing an additional 241,544 shares during the last quarter. Institutional investors and hedge funds own 83.72% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on CPNG shares. Morgan Stanley cut their price objective on shares of Coupang from $31.00 to $29.00 and set an “overweight” rating for the company in a research report on Monday, March 2nd. Deutsche Bank Aktiengesellschaft upgraded shares of Coupang from a “hold” rating to a “buy” rating and set a $25.00 price target for the company in a report on Friday, January 16th. Barclays lifted their price target on shares of Coupang from $23.00 to $24.00 and gave the company an “overweight” rating in a research report on Monday, March 2nd. Mizuho lowered their price objective on Coupang from $32.00 to $25.00 and set a “neutral” rating for the company in a research report on Friday, February 27th. Finally, Wall Street Zen downgraded Coupang from a “hold” rating to a “strong sell” rating in a research report on Saturday. Six investment analysts have rated the stock with a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $26.70.

Insider Buying and Selling at Coupang

In other news, Director Neil Mehta purchased 3,000,000 shares of the stock in a transaction dated Thursday, March 12th. The stock was acquired at an average cost of $18.68 per share, for a total transaction of $56,040,000.00. Following the completion of the transaction, the director directly owned 52,978,114 shares in the company, valued at approximately $989,631,169.52. This represents a 6.00% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Jonathan D. Lee sold 2,679 shares of Coupang stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $23.62, for a total value of $63,277.98. Following the completion of the sale, the chief accounting officer directly owned 122,096 shares of the company’s stock, valued at $2,883,907.52. The trade was a 2.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have bought 7,350,104 shares of company stock valued at $136,566,051. Company insiders own 12.78% of the company’s stock.

Coupang Price Performance

Coupang stock opened at $18.46 on Friday. The company’s 50 day simple moving average is $19.58 and its 200-day simple moving average is $25.73. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.79 and a current ratio of 1.04. Coupang, Inc. has a 1 year low of $16.74 and a 1 year high of $34.08. The company has a market capitalization of $33.71 billion, a price-to-earnings ratio of 153.80 and a beta of 1.20.

Coupang (NYSE:CPNG) last posted 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). Coupang had a return on equity of 4.52% and a net margin of 0.60%.The company had revenue of $8.84 billion for the quarter, compared to analysts’ expectations of $9.12 billion. During the same period in the previous year, the business posted $0.04 EPS. The business’s revenue for the quarter was up 10.9% on a year-over-year basis. As a group, equities research analysts expect that Coupang, Inc. will post 0.17 earnings per share for the current year.

Coupang News Roundup

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.)

Coupang Company Profile

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.