Coupang Sees Unusually Large Options Volume (NYSE:CPNG)

Coupang, Inc. (NYSE:CPNG) was the recipient of some unusual options trading activity on Wednesday. Investors purchased 25,136 call options on the company. This is an increase of 50% compared to the average volume of 16,777 call options.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on CPNG. Deutsche Bank Aktiengesellschaft upgraded Coupang from a “hold” rating to a “buy” rating and set a $25.00 price objective on the stock in a report on Friday, January 16th. Mizuho upped their price target on shares of Coupang from $30.00 to $32.00 and gave the company a “neutral” rating in a report on Thursday, November 6th. Bank of America increased their price objective on shares of Coupang from $36.00 to $38.00 and gave the stock a “buy” rating in a research report on Wednesday, November 5th. Zacks Research raised shares of Coupang from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 4th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Coupang in a research note on Wednesday, January 21st. Five research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, Coupang has an average rating of “Moderate Buy” and an average price target of $32.57.

More Coupang News

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

Coupang Stock Up 1.3%

Coupang stock opened at $20.35 on Thursday. Coupang has a 1-year low of $18.55 and a 1-year high of $34.08. The company has a market cap of $37.17 billion, a P/E ratio of 96.89 and a beta of 1.20. 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 company has a fifty day simple moving average of $23.85 and a 200 day simple moving average of $28.15.

Coupang (NYSE:CPNG) last posted its quarterly earnings results on Tuesday, November 4th. The company reported $0.05 earnings per share for the quarter, beating analysts’ consensus estimates of $0.04 by $0.01. Coupang had a return on equity of 6.95% and a net margin of 1.16%.The firm had revenue of $9.27 billion during the quarter, compared to the consensus estimate of $9.13 billion. During the same period last year, the company earned $0.06 earnings per share. The business’s revenue was up 17.8% compared to the same quarter last year. Research analysts anticipate that Coupang will post 0.17 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CAO Jonathan D. Lee sold 2,679 shares of the firm’s stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $23.62, for a total value of $63,277.98. Following the transaction, the chief accounting officer directly owned 122,096 shares in the company, valued at $2,883,907.52. This trade represents a 2.15% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Pranam Kolari sold 11,653 shares of the stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $31.98, for a total value of $372,662.94. Following the completion of the transaction, the vice president directly owned 147,023 shares in the company, valued at $4,701,795.54. The trade was a 7.34% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 12.78% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Sumitomo Mitsui DS Asset Management Company Ltd boosted its holdings in shares of Coupang by 4.6% during the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 7,436 shares of the company’s stock worth $239,000 after buying an additional 330 shares during the period. California State Teachers Retirement System grew its position in Coupang by 0.5% during the third quarter. California State Teachers Retirement System now owns 78,679 shares of the company’s stock worth $2,533,000 after buying an additional 361 shares in the last quarter. Sequoia Financial Advisors LLC increased its position in shares of Coupang by 0.5% in the second quarter. Sequoia Financial Advisors LLC now owns 68,468 shares of the company’s stock worth $2,051,000 after purchasing an additional 363 shares during the period. CIBC Asset Management Inc increased its holdings in Coupang by 0.6% in the 3rd quarter. CIBC Asset Management Inc now owns 65,029 shares of the company’s stock valued at $2,094,000 after buying an additional 364 shares during the period. Finally, Resonant Capital Advisors LLC increased its stake in Coupang by 2.9% in the third quarter. Resonant Capital Advisors LLC now owns 13,088 shares of the company’s stock valued at $421,000 after acquiring an additional 374 shares during the last quarter. 83.72% of the stock is owned by institutional investors and hedge funds.

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.