Coupang Inc’s recent filing unveils that its Shareholder SVF Investments (UK) Ltd acquired Company’s shares for reported $798.0 million on May 08 ’25. In the deal valued at $26.60 per share,30,000,000 shares were bought.
Then, Pranam Kolari bought 6,777 shares, generating $177,385 in total proceeds.
Before that, Benjamin Sun bought 200,000 shares. Coupang Inc shares valued at $5,199,322 were divested by the Affiliate at a price of $26.00 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 Friday, Coupang Inc [NYSE:CPNG] saw its stock jump 1.44% to $26.00. Over the last five days, the stock has gained 7.88%. Coupang Inc shares have risen nearly 18.29% since the year began. Nevertheless, the stocks have risen 9.94% over the past one year. While a 52-week high of $27.02 was reached on 05/07/25, a 52-week low of $18.16 was recorded on 04/07/25. SMA at 50 days reached $22.77, while 200 days put it at $23.42.
Levels Of Support And Resistance For CPNG Stock
The 24-hour chart illustrates a support level at 25.19, which if violated will result in even more drops to 24.39. On the upside, there is a resistance level at 26.52. A further resistance level may holdings at 27.04. The Relative Strength Index (RSI) on the 14-day chart is 68.22, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.14, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 18.06%. Stochastics %K at 84.07% indicates the stock is a selling.
