Coupang (NYSE:CPNG) Director Neil Mehta Buys 2,332,863 Shares

Coupang, Inc. (NYSE:CPNG) Director Neil Mehta bought 2,332,863 shares of the company’s stock in a transaction on Friday, March 13th. The shares were acquired at an average price of $18.40 per share, for a total transaction of $42,924,679.20. Following the transaction, the director directly owned 55,310,977 shares in the company, valued at $1,017,721,976.80. This trade represents a 4.40% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Neil Mehta also recently made the following trade(s):

• On Thursday, March 12th, Neil Mehta purchased 3,000,000 shares of Coupang stock. The stock was acquired at an average cost of $18.68 per share, with a total value of $56,040,000.00.
• On Wednesday, March 11th, Neil Mehta acquired 2,017,241 shares of Coupang stock. The shares were acquired at an average cost of $18.64 per share, for a total transaction of $37,601,372.24.

Coupang Trading Down 0.5%

NYSE:CPNG opened at $18.46 on Friday. Coupang, Inc. has a 1 year low of $16.74 and a 1 year high of $34.08. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.79 and a current ratio of 1.04. The stock has a fifty day moving average price of $19.58 and a two-hundred day moving average price of $25.75. The stock 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 issued its earnings results on Thursday, February 26th. The company reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.02 by ($0.03). The company had revenue of $8.84 billion for the quarter, compared to analysts’ expectations of $9.12 billion. Coupang had a return on equity of 4.52% and a net margin of 0.60%.Coupang’s revenue for the quarter was up 10.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.04 earnings per share. As a group, sell-side analysts anticipate that Coupang, Inc. will post 0.17 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the company. Citigroup dropped their price objective on Coupang from $27.00 to $24.00 and set a “buy” rating for the company in a research note on Tuesday, February 10th. Mizuho dropped their price target on Coupang from $32.00 to $25.00 and set a “neutral” rating for the company in a research report on Friday, February 27th. Morgan Stanley dropped their price objective on shares of Coupang from $31.00 to $29.00 and set an “overweight” rating for the company in a research note on Monday, March 2nd. Sanford C. Bernstein reiterated an “underperform” rating on shares of Coupang in a research note on Monday, March 2nd. Finally, UBS Group set a $25.00 target price on Coupang in a research report on Thursday, February 19th. Six analysts have rated the stock with a Buy rating, three have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Coupang has a consensus rating of “Hold” and a consensus price target of $26.70.

Hedge Funds Weigh In On Coupang

Several hedge funds have recently bought and sold shares of CPNG. Sunbelt Securities Inc. bought a new stake in shares of Coupang during the 3rd quarter worth about $26,000. Reflection Asset Management acquired a new position in Coupang during the fourth quarter valued at approximately $28,000. Orion Capital Management LLC bought a new position in shares of Coupang in the third quarter valued at approximately $32,000. Hilltop National Bank acquired a new stake in shares of Coupang in the third quarter valued at about $34,000. Finally, Fifth Third Bancorp raised its stake in shares of Coupang by 1,250.0% in the third quarter. Fifth Third Bancorp now owns 1,080 shares of the company’s stock valued at $35,000 after purchasing an additional 1,000 shares in the last quarter. 83.72% of the stock is owned by institutional investors and hedge funds.

Coupang News Summary

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.