Coupang executive sells $222,925 in stock

On May 2, 2025, Pranam Kolari, Vice President of Search and Recommendations at Coupang, Inc. (NYSE:CPNG), sold 9,347 shares of the company’s Class A common stock. The shares were sold at a price of $23.85 each, amounting to a total transaction value of $222,925. Following this sale, Kolari holds 177,106 shares directly. The transaction comes as Coupang, a prominent player in the Broadline Retail industry with a market capitalization of $43.6 billion, maintains strong revenue growth of 24% year-over-year.InvestingPro analysis indicates the stock is currently trading above its Fair Value, with multiple valuation metrics showing premium multiples. Investors can access detailed valuation insights and 8 additional ProTips through InvestingPro’s comprehensive research platform.

The sale was conducted to fulfill certain tax obligations related to the vesting and settlement of restricted stock units (RSUs) previously reported. With Coupang’s earnings report due in 3 days, investors seeking deeper insights can access the company’s full financial health analysis and detailed metrics through the InvestingPro Research Report, available for over 1,400 US stocks.

In other recent news, Coupang, Inc. has reported notable developments in its financial and operational strategies. The company announced a significant increase in core commerce revenue by 20.8% year-over-year, as highlighted in its fourth-quarter earnings report. This growth was driven by a rise in active customers and the success of its Fastest Last-Mile delivery service. Coupang’s adjusted EBITDA reached $421 million, surpassing consensus estimates, which was supported by operational efficiencies and a profit turnaround at Farfetch (OTC:FTCHQ).

In a strategic move, Coupang completed the acquisition of the remaining equity interest in Surpique LP from Greenoaks Capital Partners (WA:CPAP), consolidating its ownership and reinforcing its position in the e-commerce market. Analysts have responded to Coupang’s performance with adjustments in stock price targets. Citi has raised its price target to $29 while maintaining a Buy rating, and Barclays (LON:BARC) increased its target to $35 with an Overweight rating. Mizuho (NYSE:MFG) also lifted its price target to $27, keeping a Neutral rating.

Additionally, Coupang has partnered with the International Trade Administration to launch Rocket Pitch, a program aimed at facilitating U.S. consumer goods’ entry into the South Korean market. This initiative seeks to leverage South Korea’s robust e-commerce sector and includes support from the U.S. Commercial Service. These developments underscore Coupang’s efforts to expand its market presence and enhance its financial performance.

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