Azzad Asset Management Inc. ADV Acquires Shares of 34,076 Coupang, Inc. $CPNG

Azzad Asset Management Inc. ADV bought a new position in shares of Coupang, Inc. (NYSE:CPNG) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 34,076 shares of the company’s stock, valued at approximately $1,097,000.

Other large investors have also recently modified their holdings of the company. Sumitomo Mitsui DS Asset Management Company Ltd raised its position in Coupang by 4.6% during the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 7,436 shares of the company’s stock valued at $239,000 after purchasing an additional 330 shares in the last quarter. Sequoia Financial Advisors LLC increased its stake in shares of Coupang by 0.5% during the second quarter. Sequoia Financial Advisors LLC now owns 68,468 shares of the company’s stock valued at $2,051,000 after buying an additional 363 shares during the period. CIBC Asset Management Inc lifted its stake in Coupang by 0.6% in the third quarter. CIBC Asset Management Inc now owns 65,029 shares of the company’s stock worth $2,094,000 after acquiring an additional 364 shares during the period. Resonant Capital Advisors LLC grew its holdings in Coupang by 2.9% during the 3rd quarter. Resonant Capital Advisors LLC now owns 13,088 shares of the company’s stock worth $421,000 after acquiring an additional 374 shares in the last quarter. Finally, Merit Financial Group LLC increased its position in Coupang by 2.7% during the 3rd quarter. Merit Financial Group LLC now owns 15,862 shares of the company’s stock valued at $511,000 after purchasing an additional 418 shares during the period. Hedge funds and other institutional investors own 83.72% of the company’s stock.

Coupang Price Performance

Shares of NYSE CPNG opened at $17.72 on Monday. The firm’s 50 day simple moving average is $22.67 and its 200-day simple moving average is $27.54. Coupang, Inc. has a 12 month low of $16.74 and a 12 month high of $34.08. The stock has a market capitalization of $32.37 billion, a price-to-earnings ratio of 84.38 and a beta of 1.19. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.06 and a quick ratio of 0.82.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. Nomura cut Coupang from a “buy” rating to a “neutral” rating and set a $22.00 price objective for the company. in a research note on Monday, January 12th. Mizuho increased their price objective on Coupang from $30.00 to $32.00 and gave the company a “neutral” rating in a report on Thursday, November 6th. Barclays boosted their target price on Coupang from $36.00 to $40.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 11th. Morgan Stanley restated an “overweight” rating on shares of Coupang in a research note on Monday, January 5th. Finally, Deutsche Bank Aktiengesellschaft raised shares of Coupang from a “hold” rating to a “buy” rating and set a $25.00 price objective for the company in a research report on Friday, January 16th. Five investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $30.63.

Insider Buying and Selling at Coupang

In other news, CAO Jonathan D. Lee sold 2,679 shares of the stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $23.62, for a total transaction of $63,277.98. Following the transaction, the chief accounting officer owned 122,096 shares in the company, valued at $2,883,907.52. This trade represents a 2.15% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 12.78% of the stock is currently owned by insiders.

Key Stories Impacting Coupang

Here are the key news stories impacting Coupang this week:

• Positive Sentiment: Analyst/valuation pieces argue Coupang may be underpriced versus intrinsic value — discussion of DCF upside and a note that the company’s growth engine remains intact despite near‑term uncertainty could support longer‑term upside. Is Coupang Pricing Reflect Its Slide Despite DCF Suggesting Upside Potential
• Positive Sentiment: Coverage noting that Coupang’s core growth drivers remain intact, framing current weakness as temporary and a potential buying opportunity for longer‑term investors. Coupang’s Growth Engine Remains Intact Despite Temporary Uncertainty
• Neutral Sentiment: Multiple plaintiff firms are issuing notices about lead‑plaintiff deadlines in recently filed securities suits (procedural reminders that expand plaintiff participation but are not court rulings). These alerts increase headline volume but are an early‑stage legal development. CPNG Investors Have Opportunity to Lead Coupang, Inc. Securities Fraud Lawsuit
• Negative Sentiment: The U.S. House Judiciary Committee has subpoenaed Coupang as part of an investigation into alleged discrimination and communications with the South Korean government — a regulatory probe that raises policy and reputational risk. US House panel issues subpoena to Coupang
• Negative Sentiment: Several shareholder‑rights firms (Johnson Fistel, Hagens Berman, Levi & Korsinsky, others) are investigating or have filed securities class actions tied to a late‑2025 data breach and alleged disclosure delays — ongoing litigation/investigations create legal costs, management distraction, and uncertainty. Johnson Fistel Investigates Data Breach Disclosures Hagens Berman Alert
• Negative Sentiment: Sanford C. Bernstein initiated coverage with an “underperform” rating and a $17 price target — a fresh bearish institutional view that may pressure sentiment and impact short‑term flows. Bernstein initiates with Underperform

Coupang Profile

Coupang, listed on the New York Stock Exchange under the ticker CPNG, is a South Korean e-commerce company headquartered in Seoul. Founded in 2010 by Bom Kim, the company grew rapidly by combining an online marketplace with a large direct-retail business model. Coupang completed a primary listing in the United States in 2021, and it has become one of South Korea’s leading online retailers by focusing on convenience, speed and a wide product assortment across consumer categories.

The company operates a vertically integrated e-commerce platform that includes a customer-facing marketplace and an extensive logistics and fulfillment network.