Coupang, Inc. $CPNG Stock Holdings Lessened by Tremblant Capital Group

Key Points

• Tremblant Capital Group reduced its stake in Coupang by 9.5% in Q3, selling 134,946 shares and leaving it with 1,283,619 shares (about $41.3M), making Coupang its seventh-largest holding.
• Director Neil Mehta made heavy insider purchases (about 7.35M shares, ~$136.5M) in March, boosting his stake to roughly 55M shares and contributing to insiders owning about 12.78% of the company.
• Coupang's recent quarter missed expectations (EPS $(0.01) vs $0.02 and revenue $8.84B vs $9.12B), margins remain thin, the stock trades below its 50- and 200-day moving averages, and analysts have a mixed view with a consensus "Hold" and an average target of $26.70.

Tremblant Capital Group lessened its stake in Coupang, Inc. (NYSE:CPNG - Free Report) by 9.5% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,283,619 shares of the company's stock after selling 134,946 shares during the period. Coupang accounts for about 4.3% of Tremblant Capital Group's holdings, making the stock its 7th biggest position. Tremblant Capital Group owned approximately 0.07% of Coupang worth $41,333,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Orion Capital Management LLC acquired a new stake in Coupang during the 3rd quarter worth approximately $32,000. Hilltop National Bank acquired a new position in shares of Coupang in the third quarter valued at approximately $34,000. Fifth Third Bancorp raised its stake in shares of Coupang by 1,250.0% during the third quarter. Fifth Third Bancorp now owns 1,080 shares of the company's stock worth $35,000 after purchasing an additional 1,000 shares during the last quarter. Root Financial Partners LLC purchased a new stake in shares of Coupang during the third quarter worth approximately $40,000. Finally, Loomis Sayles & Co. L P acquired a new stake in shares of Coupang during the second quarter worth $45,000. 83.72% of the stock is owned by hedge funds and other institutional investors.

Coupang News Summary

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.)

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Morgan Stanley lowered their price objective on shares of Coupang from $31.00 to $29.00 and set an "overweight" rating on the stock in a research report on Monday, March 2nd. Deutsche Bank Aktiengesellschaft upgraded shares of Coupang from a "hold" rating to a "buy" rating and set a $25.00 price objective for the company in a research report on Friday, January 16th. Sanford C. Bernstein reaffirmed an "underperform" rating on shares of Coupang in a report on Monday, March 2nd. Citigroup dropped their price target on shares of Coupang from $27.00 to $24.00 and set a "buy" rating on the stock in a research note on Tuesday, February 10th. Finally, Weiss Ratings cut shares of Coupang from a "hold (c)" rating to a "sell (d+)" rating 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 stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $26.70.

Coupang Stock Down 0.5%

Coupang stock opened at $18.46 on Friday. The stock's 50 day moving average price is $19.58 and its 200 day moving average price 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 market cap of $33.71 billion, a PE ratio of 153.80 and a beta of 1.20. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.04 and a quick ratio of 0.79.

Coupang (NYSE:CPNG - Get Free Report) last released its quarterly earnings data on Thursday, February 26th. The company reported ($0.01) earnings per share (EPS) 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 analysts' expectations of $9.12 billion. During the same quarter in the previous year, the company posted $0.04 EPS. The company's revenue was up 10.9% compared to the same quarter last year. On average, sell-side analysts predict that Coupang, Inc. will post 0.17 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director Neil Mehta acquired 3,000,000 shares of the firm's stock in a transaction that occurred on Thursday, March 12th. The shares were purchased at an average price of $18.68 per share, with a total value of $56,040,000.00. Following the completion of the acquisition, the director owned 52,978,114 shares in the company, valued at approximately $989,631,169.52. This represents a 6.00% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Jonathan D. Lee sold 2,679 shares of the company's stock in a transaction dated 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 owned 122,096 shares in the company, valued at $2,883,907.52. The trade was a 2.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have bought 7,350,104 shares of company stock worth $136,566,051. Corporate 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.

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