Coupang Inc’s filing revealed that its Officer GAURAV ANAND acquired Company’s shares for reported $1.71 million on Mar 10 ’25. In the deal valued at $22.75 per share,75,350 shares were bought.
Then, Rogers Harold sold 273,977 shares, generating $6,437,473 in total proceeds. Upon selling the shares at $23.50, the insider now owns 514,324 shares.
Before that, Harold Rogers bought 273,977 shares. Coupang Inc shares valued at $6,400,103 were divested by the affiliate at a price of $23.36 per share.
Deutsche Bank upgraded its Coupang Inc [CPNG] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Bernstein’s analysts, who increased its forecast for the stock in early October from “an Underperform” to “an Outperform”. CLSA also remained covering CPNG and has increased its forecast on September 04, 2024 with a “an Outperform” recommendation from previously “Hold” rating. UBS revised its rating on May 16, 2024. It rated CPNG as “a Buy” which previously was an “a Neutral”.
Price Performance Review of CPNG
On Monday, Coupang Inc [NYSE:CPNG] saw its stock fall -3.69% to $21.91. Over the last five days, the stock has lost -7.98%. Coupang Inc shares have fallen nearly -0.32% since the year began. Nevertheless, the stocks have risen 15.56% over the past one year. While a 52-week high of $26.91 was reached on 02/26/25, a 52-week low of $17.34 was recorded on 01/13/25. SMA at 50 days reached $23.25, while 200 days put it at $23.17.
Levels Of Support And Resistance For CPNG Stock
The 24-hour chart illustrates a support level at 21.62, which if violated will result in even more drops to 21.33. On the upside, there is a resistance level at 22.33. A further resistance level may holdings at 22.75. The Relative Strength Index (RSI) on the 14-day chart is 34.71, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.36, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 95.93%. Stochastics %K at 13.49% indicates the stock is a buying.
