3G Capital Partners LP Sells 650,000 Shares of Coupang, Inc. $CPNG

3G Capital Partners LP lessened its holdings in shares of Coupang, Inc. (NYSE:CPNG) by 52.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 600,000 shares of the company’s stock after selling 650,000 shares during the period. Coupang accounts for about 4.6% of 3G Capital Partners LP’s investment portfolio, making the stock its 9th biggest holding. 3G Capital Partners LP’s holdings in Coupang were worth $19,320,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Orion Capital Management LLC bought a new stake in Coupang during the 3rd quarter valued at $32,000. Hilltop National Bank bought a new position in shares of Coupang in the third quarter worth $34,000. Fifth Third Bancorp increased its holdings in shares of Coupang by 1,250.0% during 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 during the period. Root Financial Partners LLC acquired a new position in shares of Coupang during the third quarter valued at $40,000. Finally, Loomis Sayles & Co. L P bought a new stake in shares of Coupang during the second quarter valued at about $45,000. 83.72% of the stock is currently owned by institutional investors and hedge funds.

Coupang Stock Performance

CPNG opened at $18.46 on Friday. The company has a quick ratio of 0.79, a current ratio of 1.04 and a debt-to-equity ratio of 0.14. The firm has a market cap of $33.71 billion, a PE ratio of 153.80 and a beta of 1.20. The business has a fifty day simple moving average of $19.58 and a 200-day simple moving average of $25.73. Coupang, Inc. has a fifty-two week low of $16.74 and a fifty-two week high of $34.08.

Coupang (NYSE:CPNG) last announced its earnings results on Thursday, February 26th. The company reported ($0.01) earnings per share (EPS) 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 analyst estimates of $9.12 billion. During the same period last year, the firm earned $0.04 earnings per share. The firm’s revenue for the quarter was up 10.9% on a year-over-year basis. As a group, equities analysts predict that Coupang, Inc. will post 0.17 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts recently issued reports on CPNG shares. Barclays increased their target price 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. Nomura reduced their price target on shares of Coupang from $22.00 to $20.00 and set a “neutral” rating for the company in a research note on Monday, March 2nd. Morgan Stanley decreased their price objective on shares of Coupang from $31.00 to $29.00 and set an “overweight” rating for the company in a 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 objective on the stock in a research note on Friday, January 16th. Finally, Sanford C. Bernstein restated an “underperform” rating on shares of Coupang in a research report on Monday, March 2nd. Six research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $26.70.

Insider Activity

In other Coupang news, CAO Jonathan D. Lee sold 2,679 shares of the business’s stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $23.62, for a total transaction of $63,277.98. Following the sale, the chief accounting officer owned 122,096 shares in the company, valued at approximately $2,883,907.52. The trade was a 2.15% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Neil Mehta acquired 2,332,863 shares of Coupang stock in a transaction on Friday, March 13th. The shares were purchased at an average cost of $18.40 per share, with a total value of $42,924,679.20. Following the completion of the purchase, the director directly owned 55,310,977 shares of the company’s stock, valued at approximately $1,017,721,976.80. This represents a 4.40% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last 90 days, insiders have acquired 7,350,104 shares of company stock worth $136,566,051. Corporate insiders own 12.78% of the company’s stock.

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 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.