Dodge & Cox Acquires 333,200 Shares of Coupang, Inc. $CPNG

Dodge & Cox increased its holdings in Coupang, Inc. (NYSE:CPNG) by 0.7% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 46,947,720 shares of the company’s stock after buying an additional 333,200 shares during the quarter. Dodge & Cox’s holdings in Coupang were worth $1,511,717,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the business. Capital International Investors increased its holdings in Coupang by 7.6% during the third quarter. Capital International Investors now owns 34,153,094 shares of the company’s stock valued at $1,099,792,000 after buying an additional 2,421,089 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of Coupang by 343.5% during the 3rd quarter. Vanguard Group Inc. now owns 28,595,825 shares of the company’s stock worth $920,786,000 after acquiring an additional 22,147,432 shares during the last quarter. Durable Capital Partners LP grew its position in shares of Coupang by 7.5% during the 2nd quarter. Durable Capital Partners LP now owns 24,743,982 shares of the company’s stock valued at $741,330,000 after acquiring an additional 1,734,980 shares during the period. Norges Bank bought a new stake in shares of Coupang during the 2nd quarter valued at $587,186,000. Finally, Holocene Advisors LP increased its stake in shares of Coupang by 24.5% in the 2nd quarter. Holocene Advisors LP now owns 15,689,845 shares of the company’s stock worth $470,068,000 after purchasing an additional 3,083,854 shares in the last quarter. 83.72% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages recently commented on CPNG. Nomura decreased their target price on Coupang from $22.00 to $20.00 and set a “neutral” rating on the stock in a report on Monday, March 2nd. Barclays upped their price target on Coupang from $23.00 to $24.00 and gave the stock an “overweight” rating in a research report on Monday, March 2nd. UBS Group set a $25.00 price objective on Coupang in a research note on Thursday, February 19th. Wall Street Zen cut Coupang from a “hold” rating to a “strong sell” rating in a research report on Saturday. Finally, Morgan Stanley reduced their target price 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. Six investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $26.70.

Coupang Stock Performance

NYSE:CPNG opened at $18.46 on Friday. The stock’s 50 day simple moving average is $19.58 and its two-hundred day simple moving average is $25.75. Coupang, Inc. has a 1 year low of $16.74 and a 1 year 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 market cap of $33.71 billion, a price-to-earnings ratio of 153.80 and a beta of 1.20.

Coupang (NYSE:CPNG) last announced its quarterly earnings results on Thursday, February 26th. The company reported ($0.01) earnings per share 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 business had revenue of $8.84 billion during the quarter, compared to the consensus estimate of $9.12 billion. During the same quarter in the prior year, the firm posted $0.04 EPS. The company’s revenue for the quarter 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 fiscal year.

Trending Headlines about Coupang

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.)

Insider Transactions at Coupang

In other Coupang news, Director Neil Mehta purchased 2,332,863 shares of the stock in a transaction that occurred on Friday, March 13th. The stock was purchased at an average price of $18.40 per share, with a total value of $42,924,679.20. Following the acquisition, the director owned 55,310,977 shares in the company, valued at approximately $1,017,721,976.80. The trade was a 4.40% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CAO Jonathan D. Lee sold 2,679 shares of Coupang stock in a transaction dated 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 owned 122,096 shares of the company’s stock, valued at approximately $2,883,907.52. This represents a 2.15% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders bought 7,350,104 shares of company stock worth $136,566,051. Insiders own 12.78% of the company’s stock.

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.