Bamco Inc. NY Lowers Position in Coupang, Inc. $CPNG

Bamco Inc. NY decreased its stake in shares of Coupang, Inc. (NYSE:CPNG) by 8.1% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 4,305,895 shares of the company’s stock after selling 378,455 shares during the quarter. Bamco Inc. NY’s holdings in Coupang were worth $138,650,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the stock. Bank of America Corp DE boosted its holdings in shares of Coupang by 198.8% in the 3rd quarter. Bank of America Corp DE now owns 5,510,247 shares of the company’s stock valued at $177,430,000 after purchasing an additional 3,666,227 shares during the last quarter. Bank of Nova Scotia grew its stake in shares of Coupang by 333.6% during the 3rd quarter. Bank of Nova Scotia now owns 879,000 shares of the company’s stock valued at $28,304,000 after buying an additional 676,300 shares during the period. Boothbay Fund Management LLC increased its holdings in shares of Coupang by 119.2% during the 3rd quarter. Boothbay Fund Management LLC now owns 38,944 shares of the company’s stock worth $1,254,000 after buying an additional 241,544 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in shares of Coupang by 9.0% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,971,236 shares of the company’s stock worth $63,474,000 after buying an additional 163,255 shares during the last quarter. Finally, Schonfeld Strategic Advisors LLC raised its position in shares of Coupang by 231.4% in the 3rd quarter. Schonfeld Strategic Advisors LLC now owns 58,255 shares of the company’s stock worth $1,876,000 after buying an additional 40,674 shares during the period. Hedge funds and other institutional investors own 83.72% of the company’s stock.

Insider Buying and Selling at Coupang

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

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 Stock Down 0.5%

Shares of NYSE:CPNG opened at $18.46 on Friday. The company has a market capitalization of $33.71 billion, a price-to-earnings ratio of 153.80 and a beta of 1.20. The company has a 50 day moving average of $19.58 and a two-hundred day moving average of $25.73. Coupang, Inc. has a 52-week low of $16.74 and a 52-week high of $34.08. The company has a quick ratio of 0.79, a current ratio of 1.04 and a debt-to-equity ratio of 0.14.

Coupang (NYSE:CPNG) last posted its earnings results on Thursday, February 26th. The company reported ($0.01) EPS for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.03). The firm had revenue of $8.84 billion for the quarter, compared to analyst estimates of $9.12 billion. Coupang had a return on equity of 4.52% and a net margin of 0.60%.The company’s revenue for the quarter was up 10.9% on a year-over-year basis. During the same period in the previous year, the firm posted $0.04 earnings per share. As a group, analysts forecast that Coupang, Inc. will post 0.17 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on CPNG. UBS Group set a $25.00 price target on Coupang in a research report on Thursday, February 19th. Nomura reduced their price objective on Coupang from $22.00 to $20.00 and set a “neutral” rating on the stock in a research note on Monday, March 2nd. Deutsche Bank Aktiengesellschaft upgraded Coupang from a “hold” rating to a “buy” rating and set a $25.00 target price for the company in a report on Friday, January 16th. Citigroup decreased their price target on shares of Coupang from $27.00 to $24.00 and set a “buy” rating for the company in a research report on Tuesday, February 10th. Finally, Sanford C. Bernstein reissued an “underperform” rating on shares of Coupang in a research report on Monday, March 2nd. Six analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, Coupang presently has an average rating of “Hold” and an average price target of $26.70.

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.