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

Brevan Howard Capital Management LP grew its position in shares of Coupang, Inc. (NYSE:CPNG) by 550.1% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 306,770 shares of the company’s stock after buying an additional 259,583 shares during the quarter. Brevan Howard Capital Management LP’s holdings in Coupang were worth $9,878,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. increased its stake in shares of 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 acquiring an additional 22,147,432 shares during the period. Norges Bank acquired a new stake in Coupang in the second quarter valued at about $587,186,000. Eminence Capital LP purchased a new stake in Coupang in the 2nd quarter valued at approximately $204,840,000. Dodge & Cox boosted its holdings in Coupang by 14.3% in the 2nd quarter. Dodge & Cox now owns 46,614,520 shares of the company’s stock valued at $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 during the period. Institutional investors and hedge funds own 83.72% of the company’s stock.

Coupang News Roundup

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 Analysts Forecast Growth

A number of equities analysts have recently issued reports on CPNG shares. Morgan Stanley cut their target price on Coupang from $31.00 to $29.00 and set an “overweight” rating for the company in a research note on Monday, March 2nd. Citigroup dropped 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. UBS Group set a $25.00 price objective on Coupang in a research report on Thursday, February 19th. Nomura reduced their target price on Coupang from $22.00 to $20.00 and set a “neutral” rating for the company in a report on Monday, March 2nd. Finally, Mizuho decreased their target price on shares of Coupang from $32.00 to $25.00 and set a “neutral” rating on the stock in a research report on Friday, February 27th. Six 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. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $26.70.

Insider Buying and Selling at Coupang

In other Coupang news, Director Neil Mehta acquired 2,332,863 shares of the firm’s stock in a transaction that occurred on Friday, March 13th. The shares were acquired at an average cost of $18.40 per share, for a total transaction of $42,924,679.20. Following the transaction, the director directly owned 55,310,977 shares of the company’s stock, valued at approximately $1,017,721,976.80. This represents a 4.40% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CAO Jonathan D. Lee sold 2,679 shares of the 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 completion of the sale, the chief accounting officer directly owned 122,096 shares in the company, valued at approximately $2,883,907.52. The trade was a 2.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders acquired 7,350,104 shares of company stock worth $136,566,051 in the last three months. 12.78% of the stock is owned by corporate insiders.

Coupang Price Performance

CPNG stock opened at $18.46 on Friday. The firm has a 50 day moving average of $19.58 and a 200-day moving average of $25.73. The company has a market cap of $33.71 billion, a price-to-earnings ratio of 153.80 and a beta of 1.20. 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 12-month low of $16.74 and a 12-month high of $34.08.

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