In a filing, Coupang Inc revealed its Chief Financial Officer Anand Gaurav unloaded Company’s shares for reported $4.92 million on May 29 ’25. In the deal valued at $28.11 per share,175,000 shares were sold. As a result of this transaction, Anand Gaurav now holds 2,092,290 shares worth roughly $59.57 million.
Then, Sun Benjamin sold 200,000 shares, generating $5,671,560 in total proceeds. Upon selling the shares at $28.36, the Director now owns 1,319,421 shares.
Before that, Gaurav Anand bought 175,000 shares. Coupang Inc shares valued at $4,919,627 were divested by the affiliate at a price of $28.11 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 jump 0.07% to $28.47. Over the last five days, the stock has gained 0.46%. Coupang Inc shares have risen nearly 29.53% since the year began. Nevertheless, the stocks have risen 30.66% over the past one year. While a 52-week high of $28.88 was reached on 06/09/25, a 52-week low of $18.16 was recorded on 04/07/25. SMA at 50 days reached $24.59, while 200 days put it at $24.04.
Levels Of Support And Resistance For CPNG Stock
The 24-hour chart illustrates a support level at 28.23, which if violated will result in even more drops to 27.99. On the upside, there is a resistance level at 28.92. A further resistance level may holdings at 29.36. The Relative Strength Index (RSI) on the 14-day chart is 71.09, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.47, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 29.28%. Stochastics %K at 77.87% indicates the stock is a holding.
