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 $20,082,300 were purchased by GREENOAKS CAPITAL PARTNERS LLC on May 14 ’25. At $26.78 per share, GREENOAKS CAPITAL PARTNERS LLC acquired 750,000 shares. The insider’s holdings grew to 54,481,161 shares worth approximately $1.49 billion following the completion of this transaction.
Also, GREENOAKS CAPITAL PARTNERS LLC purchased 650,000 shares, netting a total of over 17,458,610 in proceeds. Following the buying of shares at $26.86 each, the insider now holds 55,131,161 shares.
Before that, Anand Gaurav had sold 75,350 shares from its account. In a trade valued at $1,966,921, the Chief Financial Officer traded Coupang Inc shares for $26.10 each. Upon closing the transaction, the insider’s holdings decreased to 75,350 shares, worth approximately $61.85 million.
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 1.64%. Over the course of the year, Coupang Inc shares have jumped approximately 24.11%. Shares of the company reached a 52-week high of $27.73 on 05/16/25 and a 52-week low of $19.02 on 04/07/25.
Support And Resistance Levels for Coupang Inc (CPNG)
According to the 24-hour chart, there is a support level at 27.07, which, if violated, would cause prices to drop to 26.86. In the upper region, resistance lies at 27.46. The next price resistance is at 27.65. RSI (Relative Strength Index) is 71.63 on the 14-day chart, showing overbought technical sentiment.
