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

Dodge & Cox grew its stake in Coupang, Inc. (NYSE:CPNG) by 0.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 46,947,720 shares of the company’s stock after acquiring an additional 333,200 shares during the quarter. Dodge & Cox owned 2.58% of Coupang worth $1,511,717,000 at the end of the most recent quarter.

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

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.)

Wall Street Analyst Weigh In

CPNG has been the topic of several analyst reports. Wall Street Zen downgraded shares of Coupang from a “hold” rating to a “strong sell” rating in a research note on Saturday. Nomura reduced their price target on shares of Coupang from $22.00 to $20.00 and set a “neutral” rating for the company in a research report on Monday, March 2nd. Citigroup decreased their price objective on shares of Coupang from $27.00 to $24.00 and set a “buy” rating for the company in a report on Tuesday, February 10th. Sanford C. Bernstein reiterated an “underperform” rating on shares of Coupang in a research note on Monday, March 2nd. Finally, Weiss Ratings lowered Coupang from a “hold (c)” rating to a “sell (d+)” rating in a report on Monday, March 2nd. Six equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $26.70.

Insiders Place Their Bets

In other news, 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 transaction of $63,277.98. Following the transaction, the chief accounting officer directly owned 122,096 shares of the company’s stock, valued at $2,883,907.52. This represents a 2.15% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Neil Mehta purchased 2,332,863 shares of the company’s stock in a transaction dated Friday, March 13th. The stock was purchased at an average price of $18.40 per share, for a total transaction of $42,924,679.20. Following the completion of the purchase, 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 disclosure for this purchase is available in the SEC filing. Over the last quarter, insiders have acquired 7,350,104 shares of company stock valued at $136,566,051. Company insiders own 12.78% of the company’s stock.

Coupang Stock Performance

Shares of NYSE CPNG opened at $18.46 on Friday. The firm’s 50-day moving average price is $19.58 and its 200-day moving average price is $25.75. Coupang, Inc. has a 52-week low of $16.74 and a 52-week high of $34.08. The company has a market cap of $33.71 billion, a PE ratio of 153.80 and a beta of 1.20. 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 released its quarterly earnings data 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 net margin of 0.60% and a return on equity of 4.52%. The company had revenue of $8.84 billion for the quarter, compared to analysts’ expectations of $9.12 billion. During the same period in the previous year, the firm earned $0.04 earnings per share. The firm’s revenue for the quarter was up 10.9% on a year-over-year basis. As a group, analysts anticipate that Coupang, Inc. will post 0.17 EPS for the current year.

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.