<div id="readability-page-1"><p>Callan Family Office LLC purchased a new stake in  Coupang, Inc. (NYSE:CPNG - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities &amp; Exchange Commission. The fund purchased 8,207 shares of the company's stock, valued at approximately $246,000.</p><ul><li>Is Coupang the Next MercadoLibre? A Playbook for Global Dominance</li></ul><p>Other institutional investors also recently modified their holdings of the company. Dodge &amp; Cox grew its holdings in  Coupang by 101.6% during the 1st quarter. Dodge &amp; Cox now owns 40,784,920 shares of the company's stock valued at $894,413,000 after buying an additional 20,555,600 shares in the last quarter.  Massachusetts Financial Services Co. MA lifted its holdings in shares of  Coupang by 436.6% in the first quarter. Massachusetts Financial Services Co. MA now owns 8,686,580 shares of the company's stock worth $190,497,000 after buying an additional 7,067,830 shares in the last quarter.  GQG Partners LLC bought a new position in shares of  Coupang in the first quarter valued at approximately $168,127,000.  Coronation Fund Managers Ltd. boosted its position in shares of  Coupang by 2.4% in the first quarter. Coronation Fund Managers Ltd. now owns 7,559,777 shares of the company's stock valued at $165,786,000 after acquiring an additional 176,166 shares during the period.  Finally, Altimeter Capital Management LP grew its stake in  Coupang by 24.3% during the first quarter. Altimeter Capital Management LP now owns 7,441,445 shares of the company's stock valued at $163,191,000 after acquiring an additional 1,455,555 shares in the last quarter. 83.72% of the stock is currently owned by hedge funds and other institutional investors. </p><h2>Insider Activity</h2><p>In other Coupang news, insider Harold Rogers sold 64,755 shares of Coupang stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $32.06, for a total value of $2,076,045.30. Following the completion of the transaction, the insider directly owned 449,569 shares of the company's stock, valued at approximately $14,413,182.14. The trade was a 12.59% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities &amp; Exchange Commission, which is accessible through this link. Also, Director Benjamin Sun sold 815,797 shares of the business's stock in a transaction on Tuesday, September 9th. The stock was sold at an average price of $31.88, for a total value of $26,007,608.36. Following the completion of the transaction, the director owned 503,624 shares of the company's stock, valued at $16,055,533.12. This represents a 61.83% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 988,983 shares of company stock worth $31,203,966. Company insiders own  12.78% of the company's stock. </p><h2>Coupang Stock Performance</h2><ul><li>The Future of Innovation: 3 Tech Stocks to Watch</li></ul><p>Shares of CPNG stock opened at $31.52 on Friday. The company has a market capitalization of $57.46 billion, a P/E ratio of 157.61 and a beta of 1.18. Coupang, Inc. has a fifty-two week low of $19.02 and a fifty-two week high of $34.08. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.84 and a current ratio of 1.09. The stock has a 50 day moving average price of $30.72 and a two-hundred day moving average price of $28.18. </p><p>Coupang (NYSE:CPNG - Get Free Report) last announced its quarterly earnings results on Tuesday, August 5th. The company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.07 by ($0.05). The firm had revenue of $8.52 billion for the quarter, compared to analysts' expectations of $8.34 billion. Coupang had a net margin of 1.13% and a return on equity of 7.47%. The company's quarterly revenue was up 16.4% on a year-over-year basis. During the same period in the previous year, the company earned $0.07 EPS.  Analysts expect that  Coupang, Inc. will post 0.17 earnings per share for the current year. </p><h2>Analyst Upgrades and Downgrades</h2><ul><li>Coupang Stock And Why You Should Care </li></ul><p>CPNG has been the subject of several analyst reports. Weiss Ratings  reissued a &#34;hold (c)&#34; rating on shares of Coupang in a report on Wednesday, October 8th. Arete Research started coverage on Coupang in a research note on Thursday, September 18th. They set a &#34;buy&#34; rating and a $40.00 price objective for the company. Wall Street Zen cut Coupang from a &#34;buy&#34; rating to a &#34;hold&#34; rating in a research report on Sunday, July 20th. Arete began coverage on Coupang in a report on Thursday, September 18th. They issued a &#34;buy&#34; rating and a $40.00 price target on the stock. Finally, Morgan Stanley lifted their price target on Coupang from $32.00 to $35.00 and gave the company an &#34;overweight&#34; rating in a research report on Wednesday, August 20th. One research analyst  has rated the stock with a Strong Buy rating, six have issued  a Buy rating, three have assigned  a Hold rating and one  has issued  a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of &#34;Moderate Buy&#34; and a consensus target price of $33.50.</p><p><b>Read Our Latest Research Report on Coupang</b></p><h2>Coupang Profile</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>Procter &amp; Gamble <span>NYSE: PG<span></span></span> Pulls Back After Shaky Guidance</li><li>Salesforce’s Long-Awaited Inflection is Here: Rally On!</li><li>Investing In Preferred Stock vs. Common Stock</li><li>Rocket Lab USA Receives Wall Street Validation: Time to Buy?</li><li>Stock Average Calculator      </li><li>Archer Buys Rival's Patent Treasure Trove in Strategic Move</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. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Coupang Right Now?</h2><p>Before you consider Coupang, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. 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 Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

CPNG

<p>Callan Family Office LLC acquired 8,207 shares of Coupang, Inc. (NYSE: CPNG) valued at approximately $246,000 in Q2, as reported in their Form 13F filing. Other institutional investors also increased their stakes, with Dodge & Cox growing holdings by 101.6%. Insider sales included 64,755 shares by Harold Rogers and 815,797 shares by Benjamin Sun. Coupang's stock opened at $31.52, with a market cap of $57.46 billion and a P/E ratio of 157.61. The company reported Q2 earnings of $0.02 per share, missing estimates, but revenue increased by 16.4% year-over-year.</p>

8,207 Shares in Coupang, Inc. $CPNG Purchased by Callan Family Office LLC