<div id="readability-page-1"><p>Victory Capital Management Inc. boosted its holdings in Coupang, Inc. (NYSE:CPNG - Free Report) by 35.9% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 111,543 shares of the company's stock after acquiring an additional 29,460 shares during the period. Victory Capital Management Inc.'s holdings in Coupang were worth $2,337,000 as of its most recent filing with the Securities and Exchange Commission.</p><ul><li>Coupang Stock And Why You Should Care </li></ul><p>Other large investors have also recently added to or reduced their stakes in the company. Baader Bank Aktiengesellschaft grew its position in shares of Coupang by 5.7% in the second quarter. Baader Bank Aktiengesellschaft now owns 10,567 shares of the company's stock valued at $219,000 after purchasing an additional 567 shares during the last quarter. Resonant Capital Advisors LLC grew its holdings in Coupang by 6.0% during the 2nd quarter. Resonant Capital Advisors LLC now owns 11,197 shares of the company's stock valued at $235,000 after buying an additional 635 shares during the last quarter. National Bank of Canada FI grew its holdings in Coupang by 15.4% during the 2nd quarter. National Bank of Canada FI now owns 6,687 shares of the company's stock valued at $141,000 after buying an additional 890 shares during the last quarter. TCW Group Inc. increased its position in Coupang by 6.4% during the second quarter. TCW Group Inc. now owns 16,781 shares of the company's stock worth $352,000 after buying an additional 1,007 shares in the last quarter. Finally, Private Advisor Group LLC raised its holdings in shares of Coupang by 2.2% in the first quarter. Private Advisor Group LLC now owns 48,088 shares of the company's stock worth $855,000 after acquiring an additional 1,036 shares during the last quarter. 83.72% of the stock is owned by institutional investors and hedge funds. </p><h2>Coupang Trading Up 1.2 %</h2><p>Shares of CPNG stock opened at $24.24 on Wednesday. The firm's 50-day simple moving average is $21.92 and its 200-day simple moving average is $21.26. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.12 and a quick ratio of 0.87. Coupang, Inc. has a 1-year low of $13.51 and a 1-year high of $24.38. The firm has a market cap of $43.34 billion, a P/E ratio of 34.63, a PEG ratio of 171.76 and a beta of 1.10. </p><br/><ul><li>Is Coupang's Stock On The Verge Of A Turnaround?</li></ul><p>Coupang (NYSE:CPNG - Get Free Report) last posted its quarterly earnings results on Tuesday, August 6th. The company reported $0.07 earnings per share for the quarter, topping analysts' consensus estimates of ($0.01) by $0.08. Coupang had a net margin of 3.87% and a return on equity of 12.04%. The company had revenue of $7.32 billion for the quarter, compared to the consensus estimate of $7.39 billion. During the same quarter last year, the firm posted $0.08 earnings per share. Coupang's revenue was up 25.4% on a year-over-year basis. As a group, equities analysts forecast that Coupang, Inc. will post 0.14 EPS for the current year. </p><h2>Insider Buying and Selling</h2><p>In other Coupang news, insider Pranam Kolari sold 10,432 shares of the business's stock in a transaction dated Friday, August 2nd. The stock was sold at an average price of $19.90, for a total transaction of $207,596.80. Following the completion of the sale, the insider now owns 170,356 shares of the company's stock, valued at $3,390,084.40. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In related news, insider Pranam Kolari sold 10,432 shares of the firm's stock in a transaction that occurred on Friday, August 2nd. The shares were sold at an average price of $19.90, for a total value of $207,596.80. Following the transaction, the insider now owns 170,356 shares in the company, valued at $3,390,084.40. The transaction was disclosed in a legal filing with the Securities &amp; Exchange Commission, which is available at this link. Also, Director Greenoaks Capital Partners Llc acquired 100,000 shares of the firm's stock in a transaction on Thursday, August 15th. The shares were acquired at an average price of $22.39 per share, with a total value of $2,239,000.00. Following the completion of the purchase, the director now owns 50,376,224 shares of the company's stock, valued at $1,127,923,655.36. The disclosure for this purchase can be found here. In the last ninety days, insiders have bought 601,300 shares of company stock valued at $13,604,354 and have sold 410,432 shares valued at $9,429,597. Corporate insiders own 13.60% of the company's stock. </p><h2>Analyst Upgrades and Downgrades</h2><p>A number of analysts recently commented on CPNG shares. CLSA upgraded Coupang from a &#34;hold&#34; rating to an &#34;outperform&#34; rating and lifted their price objective for the stock from $18.00 to $31.00 in a research report on Wednesday, September 4th. Morgan Stanley lifted their price target on shares of Coupang from $26.00 to $27.00 and gave the stock an &#34;overweight&#34; rating in a report on Wednesday, June 26th. One research analyst has rated the stock with a hold rating and seven have given a buy rating to the company's stock. According to data from MarketBeat, Coupang has an average rating of &#34;Moderate Buy&#34; and a consensus price target of $27.25.</p><p><b>Get Our Latest Analysis on CPNG</b></p><h2>About Coupang</h2> (Free Report)<p>Coupang, Inc, together with its subsidiaries owns and operates retail business through its mobile applications and Internet websites primarily in South Korea. The company operates through Product Commerce and Developing Offerings segments. It sells various products and services in the categories of home goods and décor products, apparel, beauty products, fresh food and groceries, sporting goods, electronics, and everyday consumables, as well as travel, and restaurant order and delivery services.</p><h2>See Also</h2><ul><li>Five stocks we like better than Coupang</li><li>Market Cap Calculator: How to Calculate Market Cap</li><li>Galmed Pharmaceuticals Surges 400%: What's Behind the Explosion?</li><li>How to Invest in the Best Canadian Stocks </li><li>Gold Hits New All-Time Highs: 3 Stocks to Ride the Surge</li><li>What Are the FAANG Stocks and Are They Good Investments?</li><li>Intel: Why It's Time to Reconsider This Beaten-Down Chipmaker</li></ul><p><strong>Want to see what other hedge funds are holding CPNG?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Coupang, Inc. (NYSE:CPNG - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUNQTkc?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUNQTkc"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. 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MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Coupang wasn't on the list.</p><p>While Coupang currently has a &#34;Moderate Buy&#34; rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p> </div>

CPNG

<p>Victory Capital Management Inc. increased its stake in Coupang, Inc. (NYSE:CPNG) by 35.9% in Q2, owning 111,543 shares after acquiring 29,460 additional shares. Other investors also adjusted their holdings, with Baader Bank and National Bank of Canada increasing their stakes. Coupang's stock opened at $24.24, with a market cap of $34 billion. The company reported a 25.4% year-over-year revenue increase, with earnings per share of $0.07, surpassing estimates. Insider trading activity included sales and purchases of significant shares by executives.</p>

Coupang, Inc. (NYSE:CPNG) Shares Acquired by Victory Capital Management Inc.