Coupang (NYSE:CPNG) Director Acquires $56,040,000.00 in Stock

Coupang, Inc. (NYSE:CPNG) Director Neil Mehta acquired 3,000,000 shares of Coupang stock in a transaction that occurred on Thursday, March 12th. The shares were bought at an average price of $18.68 per share, with a total value of $56,040,000.00. Following the transaction, the director directly owned 52,978,114 shares in the company, valued at approximately $989,631,169.52. This trade represents a 6.00% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

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

• On Friday, March 13th, Neil Mehta bought 2,332,863 shares of Coupang stock. The stock was bought at an average cost of $18.40 per share, for a total transaction of $42,924,679.20.
• On Wednesday, March 11th, Neil Mehta bought 2,017,241 shares of Coupang stock. The stock was bought at an average price of $18.64 per share, for a total transaction of $37,601,372.24.

Coupang Stock Performance

Shares of CPNG opened at $18.46 on Monday. Coupang, Inc. has a 1 year low of $16.74 and a 1 year high of $34.08. The company has a market cap of $33.71 billion, a price-to-earnings ratio of 153.80 and a beta of 1.20. 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 firm has a fifty day moving average of $19.58 and a 200-day moving average of $25.71.

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

More Coupang News

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.)

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on CPNG shares. Nomura dropped their price target on shares of Coupang from $22.00 to $20.00 and set a “neutral” rating on the stock in a research note on Monday, March 2nd. Citigroup reduced their price objective on Coupang from $27.00 to $24.00 and set a “buy” rating for the company in a research report on Tuesday, February 10th. Weiss Ratings lowered Coupang from a “hold (c)” rating to a “sell (d+)” rating in a report on Monday, March 2nd. Wall Street Zen cut Coupang from a “hold” rating to a “strong sell” rating in a research report on Saturday. Finally, Mizuho cut their target price on Coupang from $32.00 to $25.00 and set a “neutral” rating on the stock in a research note on Friday, February 27th. Six equities 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. Based on data from MarketBeat.com, Coupang has a consensus rating of “Hold” and an average price target of $26.70.

Institutional Trading of Coupang

Institutional investors have recently made changes to their positions in the stock. Vestmark Advisory Solutions Inc. acquired a new stake in Coupang in the second quarter worth approximately $374,000. Prospera Financial Services Inc acquired a new position in shares of Coupang during the 2nd quarter valued at $823,000. Aviva PLC raised its stake in shares of Coupang by 4.3% in the 2nd quarter. Aviva PLC now owns 46,275 shares of the company’s stock worth $1,386,000 after buying an additional 1,914 shares in the last quarter. Vise Technologies Inc. bought a new stake in shares of Coupang in the 2nd quarter worth $676,000. Finally, Mitsubishi UFJ Trust & Banking Corp lifted its holdings in shares of Coupang by 0.3% in the second quarter. Mitsubishi UFJ Trust & Banking Corp now owns 1,878,582 shares of the company’s stock valued at $56,282,000 after buying an additional 5,286 shares during the period. 83.72% of the stock is owned by institutional investors and hedge funds.

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.