Coupang, Inc. $CPNG Shares Purchased by Brevan Howard Capital Management LP

Brevan Howard Capital Management LP boosted its stake in Coupang, Inc. (NYSE:CPNG) by 550.1% during the third quarter, Holdings Channel.com reports. The institutional investor owned 306,770 shares of the company’s stock after acquiring an additional 259,583 shares during the period. Brevan Howard Capital Management LP’s holdings in Coupang were worth $9,878,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. increased its position in Coupang by 343.5% during the third quarter. Vanguard Group Inc. now owns 28,595,825 shares of the company’s stock worth $920,786,000 after buying an additional 22,147,432 shares in the last quarter. Norges Bank purchased a new stake in shares of Coupang in the second quarter valued at $587,186,000. Eminence Capital LP acquired a new stake in shares of Coupang during the second quarter valued at $204,840,000. Dodge & Cox increased its position in Coupang by 14.3% during the 2nd 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. Finally, Bank of America Corp DE increased its position in Coupang by 198.8% during the 3rd quarter. Bank of America Corp DE now owns 5,510,247 shares of the company’s stock worth $177,430,000 after purchasing an additional 3,666,227 shares in the last quarter. Institutional investors and hedge funds own 83.72% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. UBS Group set a $25.00 target price on shares of Coupang in a report on Thursday, February 19th. Mizuho cut their price objective on shares of Coupang from $32.00 to $25.00 and set a “neutral” rating for the company in a research report on Friday, February 27th. Weiss Ratings downgraded shares of Coupang from a “hold (c)” rating to a “sell (d+)” rating in a research note on Monday, March 2nd. Nomura decreased their target price on shares of Coupang from $22.00 to $20.00 and set a “neutral” rating on the stock in a research report on Monday, March 2nd. Finally, Citigroup lowered their target price on shares of Coupang from $27.00 to $24.00 and set a “buy” rating for the company in a research note on Tuesday, February 10th. Six investment analysts have rated the stock with a Buy rating, three have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $26.70.

Insider Buying and Selling at Coupang

In other news, Director Neil Mehta acquired 2,332,863 shares of the company’s stock in a transaction dated Friday, March 13th. The stock was acquired at an average cost 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 in the company, valued at approximately $1,017,721,976.80. This represents a 4.40% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Jonathan D. Lee sold 2,679 shares of the 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 completion of 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 ownership of the stock. The SEC filing for this sale provides additional information. Insiders have bought a total of 7,350,104 shares of company stock valued at $136,566,051 over the last three months. Corporate insiders own 12.78% of the company’s stock.

Coupang Trading Down 0.5%

NYSE CPNG opened at $18.46 on Friday. The company has a market cap of $33.71 billion, a P/E ratio of 153.80 and a beta of 1.20. Coupang, Inc. has a 12 month low of $16.74 and a 12 month high of $34.08. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.04 and a quick ratio of 0.79. The company has a 50-day moving average of $19.58 and a 200-day moving average of $25.73.

Coupang (NYSE:CPNG) last released its earnings results on Thursday, February 26th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by ($0.03). The company had revenue of $8.84 billion during 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%.Coupang’s revenue was up 10.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.04 earnings per share. As a group, equities analysts predict 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.)

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.