Coupang, Inc. $CPNG Shares Bought by Eminence Capital LP

Eminence Capital LP lifted its position in shares of Coupang, Inc. (NYSE:CPNG) by 38.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,434,385 shares of the company’s stock after purchasing an additional 2,597,282 shares during the quarter. Coupang accounts for approximately 3.7% of Eminence Capital LP’s portfolio, making the stock its 4th largest holding. Eminence Capital LP owned 0.52% of Coupang worth $303,787,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Orion Capital Management LLC acquired a new stake in Coupang during the third quarter valued at $32,000. Hilltop National Bank acquired a new position in shares of Coupang in the third quarter worth about $34,000. Fifth Third Bancorp boosted its stake in shares of Coupang by 1,250.0% during 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 in the last quarter. Root Financial Partners LLC purchased a new stake in shares of Coupang during the 3rd quarter worth about $40,000. Finally, Loomis Sayles & Co. L P acquired a new stake in shares of Coupang during the 2nd quarter valued at about $45,000. 83.72% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the company. Weiss Ratings lowered Coupang from a “hold (c)” rating to a “sell (d+)” rating in a research note on Monday, March 2nd. Morgan Stanley dropped their price objective on Coupang from $31.00 to $29.00 and set an “overweight” rating on the stock in a report on Monday, March 2nd. Sanford C. Bernstein restated an “underperform” rating on shares of Coupang in a research report on Monday, March 2nd. Deutsche Bank Aktiengesellschaft raised Coupang from a “hold” rating to a “buy” rating and set a $25.00 target price for the company in a research note on Friday, January 16th. Finally, UBS Group set a $25.00 target price on Coupang in a research report on Thursday, February 19th. Six equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $26.70.

Key Headlines 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.)

Insider Buying and Selling at Coupang

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

Coupang Trading Down 0.5%

Shares of Coupang stock opened at $18.46 on Friday. The company has a current ratio of 1.04, a quick ratio of 0.79 and a debt-to-equity ratio of 0.14. Coupang, Inc. has a twelve month low of $16.74 and a twelve month high of $34.08. The firm has a market capitalization of $33.71 billion, a PE ratio of 153.80 and a beta of 1.20. The firm’s 50-day moving average price is $19.58 and its 200 day moving average price is $25.73.

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). The firm had revenue of $8.84 billion for the quarter, compared to analyst estimates of $9.12 billion. Coupang had a net margin of 0.60% and a return on equity of 4.52%. Coupang’s revenue was up 10.9% compared to the same quarter last year. During the same period in the previous year, the company earned $0.04 EPS. On average, sell-side analysts predict that Coupang, Inc. will post 0.17 EPS for the current fiscal year.

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.