The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Coupang Inc shares valued at $179,372 were purchased by Pranam Kolari on Feb 27 ’25. At $25.01 per share, Pranam Kolari acquired 7,172 shares.
Also, Kolari Pranam sold 8,459 shares, netting a total of over 194,388 in proceeds. Following the sale of shares at $22.98 each, the insider now holds 136,806 shares.
Before that, Pranam Kolari had added 8,459 shares to its account. In a trade valued at $198,871, the affiliate bought Coupang Inc shares for $23.51 each.
As published in a research note from Deutsche Bank on February 26, 2025, Coupang Inc [CPNG] has been rated up from a Hold to a Buy and the price target has been revised to $28.50. Analysts at Bernstein upgraded the stock from ‘”an Underperform”‘ to ‘”an Outperform”‘ outlook in a report released in early October. As of September 04, 2024, CLSA has increased its “Hold” rating to a “an Outperform” for CPNG. Earlier on May 16, 2024, UBS upgraded its rating. Their new recommendation was “a Buy” for CPNG stock which previously was a “a Neutral”.
Analyzing CPNG Stock Performance
During the last five days, there has been a drop of approximately -5.73%. Over the course of the year, Coupang Inc shares have jumped approximately 7.78%. Shares of the company reached a 52-week high of $25.80 on 02/26/25 and a 52-week low of $21.17 on 01/13/25. A 50-day SMA is recorded $23.24, while a 200-day SMA reached $23.15. Nevertheless, trading volume fell to 11.64 million shares from 16.09 million shares the previous day.
Support And Resistance Levels for Coupang Inc (CPNG)
According to the 24-hour chart, there is a support level at 23.25, which, if violated, would cause prices to drop to 22.80. In the upper region, resistance lies at 24.57. The next price resistance is at 25.44. RSI (Relative Strength Index) is 46.67 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.26, which suggests the price will decrease in the coming days. Percent R is at 80.38%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
