Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Coupang Inc shares valued at $5,856,853 were sold by Sun Benjamin on Mar 17 ’25. At $23.43 per share, Sun Benjamin sold 250,000 shares. The insider’s holdings dropped to 1,719,421 shares worth approximately $40.44 million following the completion of this transaction.
Also, Kang Hanseung sold 40,000 shares, netting a total of over 920,000 in proceeds. Following the sale of shares at $23.00 each, the insider now holds 669,772 shares.
Before that, Han Seung Kang had added 40,000 shares to its account. In a trade valued at $900,400, the affiliate bought Coupang Inc shares for $22.51 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 surge of approximately 0.90%. Over the course of the year, Coupang Inc shares have jumped approximately 7.01%. 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 $23.46, while a 200-day SMA reached $23.21.
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 22.97. In the upper region, resistance lies at 23.93. The next price resistance is at 24.34. RSI (Relative Strength Index) is 51.65 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.53, which suggests the price will decrease in the coming days. Percent R is at 20.91%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
