Capital Wealth Planning LLC Purchases 30,838 Shares of Coupang, Inc. $CPNG

Capital Wealth Planning LLC lifted its position in shares of Coupang, Inc. (NYSE:CPNG) by 18.7% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 195,915 shares of the company’s stock after purchasing an additional 30,838 shares during the quarter. Capital Wealth Planning LLC’s holdings in Coupang were worth $6,308,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Orion Capital Management LLC bought a new position in Coupang during the third quarter valued at approximately $32,000. Hilltop National Bank purchased a new position in shares of Coupang during the third quarter worth approximately $34,000. Fifth Third Bancorp lifted its holdings in shares of Coupang by 1,250.0% in the 3rd quarter. Fifth Third Bancorp now owns 1,080 shares of the company’s stock worth $35,000 after acquiring an additional 1,000 shares during the last quarter. Root Financial Partners LLC purchased a new stake in shares of Coupang in the 3rd quarter valued at $40,000. Finally, Loomis Sayles & Co. L P purchased a new stake in shares of Coupang in the 2nd quarter valued at $45,000. Hedge funds and other institutional investors own 83.72% of the company’s stock.

Coupang Price Performance

Shares of CPNG stock opened at $18.46 on Friday. The firm 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 fifty-two week low of $16.74 and a fifty-two week high of $34.08. The business’s 50 day moving average price is $19.58 and its 200-day moving average price is $25.75. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.79 and a current ratio of 1.04.

Coupang (NYSE:CPNG) last announced 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). Coupang had a net margin of 0.60% and a return on equity of 4.52%. The business 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 earned $0.04 EPS. Coupang’s revenue was up 10.9% compared to the same quarter last year. On average, equities research analysts anticipate that Coupang, Inc. will post 0.17 earnings per share for the current year.

Insiders Place Their Bets

In related news, Director Neil Mehta bought 3,000,000 shares of the company’s stock in a transaction dated Thursday, March 12th. The stock was purchased at an average cost of $18.68 per share, with a total value of $56,040,000.00. Following the transaction, the director owned 52,978,114 shares in the company, valued at approximately $989,631,169.52. This trade represents a 6.00% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Jonathan D. Lee sold 2,679 shares of Coupang 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 sale, the chief accounting officer directly owned 122,096 shares in the company, valued at $2,883,907.52. The trade was a 2.15% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have acquired 7,350,104 shares of company stock worth $136,566,051. Insiders own 12.78% of the company’s stock.

Key Stories Impacting 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.)

Wall Street Analyst Weigh In

A number of equities analysts recently commented on CPNG shares. Sanford C. Bernstein reiterated an “underperform” rating on shares of Coupang in a research report on Monday, March 2nd. Morgan Stanley cut their price target on shares of Coupang from $31.00 to $29.00 and set an “overweight” rating for the company in a research report on Monday, March 2nd. 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. Citigroup decreased their price objective on Coupang from $27.00 to $24.00 and set a “buy” rating on the stock in a report on Tuesday, February 10th. Finally, UBS Group set a $25.00 target price on Coupang in a research note on Thursday, February 19th. Six research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Coupang currently has a consensus rating of “Hold” and a consensus target price of $26.70.

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.