Coupang, Inc. $CPNG Holdings Raised by Federated Hermes Inc.

Federated Hermes Inc. increased its stake in Coupang, Inc. (NYSE:CPNG) by 13.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,506,275 shares of the company’s stock after purchasing an additional 295,654 shares during the quarter. Federated Hermes Inc. owned about 0.14% of Coupang worth $80,702,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Norges Bank bought a new stake in shares of Coupang during the 2nd quarter worth about $587,186,000. Eminence Capital LP bought a new stake in Coupang during the second quarter worth approximately $204,840,000. Dodge & Cox raised its holdings in Coupang by 14.3% during the second quarter. Dodge & Cox now owns 46,614,520 shares of the company’s stock worth $1,396,571,000 after purchasing an additional 5,829,600 shares in the last quarter. Marshall Wace LLP lifted its position in Coupang by 115.9% in the second quarter. Marshall Wace LLP now owns 6,360,239 shares of the company’s stock worth $190,553,000 after purchasing an additional 3,414,359 shares during the period. Finally, American Century Companies Inc. boosted its stake in Coupang by 291.2% during the 2nd quarter. American Century Companies Inc. now owns 4,343,079 shares of the company’s stock valued at $130,119,000 after purchasing an additional 3,233,004 shares in the last quarter. Institutional investors and hedge funds own 83.72% of the company’s stock.

Coupang Trading Up 1.3%

Shares of CPNG opened at $20.35 on Thursday. The business’s 50-day moving average price is $23.85 and its 200 day moving average price is $28.15. The company has a current ratio of 1.06, a quick ratio of 0.82 and a debt-to-equity ratio of 0.13. The stock has a market capitalization of $37.17 billion, a P/E ratio of 96.89 and a beta of 1.20. Coupang, Inc. has a 1-year low of $18.55 and a 1-year high of $34.08.

Coupang (NYSE:CPNG) last announced its earnings results on Tuesday, November 4th. The company reported $0.05 EPS for the quarter, topping the consensus estimate of $0.04 by $0.01. Coupang had a net margin of 1.16% and a return on equity of 6.95%. The company had revenue of $9.27 billion during the quarter, compared to analysts’ expectations of $9.13 billion. During the same period last year, the company posted $0.06 earnings per share. The business’s revenue for the quarter was up 17.8% on a year-over-year basis. Analysts expect that Coupang, Inc. will post 0.17 earnings per share for the current year.

Insider Buying and Selling

In other Coupang news, VP Pranam Kolari sold 11,653 shares of Coupang stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $31.98, for a total transaction of $372,662.94. Following the transaction, the vice president directly owned 147,023 shares in the company, valued at approximately $4,701,795.54. The trade was a 7.34% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Jonathan D. Lee sold 2,679 shares of the business’s stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $23.62, for a total transaction of $63,277.98. Following the sale, the chief accounting officer directly owned 122,096 shares in the company, valued at approximately $2,883,907.52. This trade represents a 2.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 12.78% of the company’s stock.

Trending Headlines about Coupang

Here are the key news stories impacting Coupang this week:

• Positive Sentiment: Unusual bullish options flow: Traders bought about 25,136 call contracts (roughly +50% vs. typical call volume), signaling speculative bullish bets or hedging that can amplify upside momentum in the stock.
• Neutral Sentiment: Analyst/broker attention: A Zacks piece discusses brokers’ buy/hold views on Coupang, which can bring renewed analyst coverage and influence flows but is mixed in its impact. Coupang (CPNG) Is Considered a Good Investment by Brokers: Is That True?
• Neutral Sentiment: Elevated trading activity and technicals: volume is above average and the stock remains below its 50-day and 200-day moving averages, which raises volatility and keeps technical pressure on the name.
• Negative Sentiment: Multiple securities-class-action notices and suits: several plaintiff firms and notices (including filings/alerts from The Gross Law Firm, Levi & Korsinsky, Kahn Swick & Foti, Rosen, Robbins LLP and others) are soliciting lead plaintiffs over an alleged data breach and a prior ~20% share decline — investors face legal risk, potential settlements, and management distraction. Representative notice: Coupang, Inc. Sued for Securities Law Violations Coupang, Inc. Securities Fraud Class Action Shareholders that lost money on Coupang, Inc. should contact Levi & Korsinsky
• Negative Sentiment: Near-term selling pressure: media coverage noting recent share weakness and “stock sinks” headlines reinforce negative sentiment and can accelerate outflows. Coupang, Inc. (CPNG) stock sinks as market gains: What you should know

Analyst Ratings Changes

A number of analysts have recently commented on the company. Zacks Research raised Coupang from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 4th. Weiss Ratings reiterated a “hold (c)” rating on shares of Coupang in a research report on Wednesday, January 21st. Morgan Stanley restated an “overweight” rating on shares of Coupang in a research report on Monday, January 5th. Mizuho boosted their target price on shares of Coupang from $30.00 to $32.00 and gave the stock a “neutral” rating in a report on Thursday, November 6th. Finally, Bank of America increased their target price on shares of Coupang from $36.00 to $38.00 and gave the company a “buy” rating in a research note on Wednesday, November 5th. Five equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Coupang presently has a consensus rating of “Moderate Buy” and a consensus target price of $32.57.

Coupang 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.