On May 9, 2024, Jonathan Lee, the Chief Accounting Officer of Coupang Inc (CPNG, Financial), sold 5,000 shares of the company. The transaction was reported in a recent SEC Filing. Following this sale, the insider's total sales over the past year amount to 5,000 shares, with no recorded purchases.
Coupang Inc, a leading e-commerce platform, offers a diverse range of products and services, including consumer goods, groceries, and food delivery. The company is known for its rapid delivery services and innovative technology solutions that enhance shopping convenience for millions of customers in South Korea.
Shares of Coupang Inc were trading at $21.45 on the day of the transaction, positioning the company with a market cap of approximately $40.23 billion. The price-earnings ratio of the stock stands at 31.31, which is above the industry median of 17.94.
The GF Value of Coupang Inc is calculated at $20.94, indicating that the stock is Fairly Valued with a price-to-GF-Value ratio of 1.02. The GF Value is derived from historical trading multiples, an adjustment factor based on the company's past performance, and future business projections provided by analysts.
Over the past year, there have been no insider buys and 17 insider sells at Coupang Inc, suggesting a trend where insiders are choosing to sell shares.
This insider activity and the current valuation metrics provide investors with a snapshot of Coupang Inc's recent financial and market position.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
