$1,010,000 of COUPANG INC. lobbying was just disclosed, from Q4 of 2024, in a new Lobbying Disclosure Act filing.
This included lobbying on issues like:
"Encouragement of expanded SME participation in Coupang's e-commerce offering and increased market access (no specific legislation). Discussion of economic benefits of Coupang's participation in and expansion to foreign markets. Encouragement of expanded SME participation in Coupang's e-commerce offering. Discussion of issues facing U.S. firms when participating in and expanding to foreign markets (no specific legislation). Encouragement of expanded small- and medium-sized enterprise (SME) participation in Coupang's e-commerce offering. Discussion of job creation gains made possible by Coupang's business model and innovation (no specific legislation)."
You can find more data on corporate lobbying on Quiver Quantitative.
CPNG Insider Trading Activity
CPNG insiders have traded $CPNG stock on the open market 22 times in the past 6 months. Of those trades, 13 have been purchases and 9 have been sales.
Here’s a breakdown of recent trading of $CPNG stock by insiders over the last 6 months:
- BOM KIM (CEO and Chairman) sold 15,000,000 shares for an estimated $344,550,000
- CAPITAL PARTNERS LLC GREENOAKS has made 13 purchases buying 4,001,499 shares for an estimated $93,977,857 and 0 sales.
- BENJAMIN SUN sold 200,000 shares for an estimated $4,672,000
- GAURAV ANAND (Chief Financial Officer) sold 200,000 shares for an estimated $4,550,000
- PRANAM KOLARI (VP, Search and Recommendations) has made 0 purchases and 6 sales selling 35,523 shares for an estimated $817,287.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
CPNG Hedge Fund Activity
We have seen 251 institutional investors add shares of CPNG stock to their portfolio, and 234 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- MAVERICK CAPITAL LTD removed 19,278,344 shares (-65.9%) from their portfolio in Q3 2024, for an estimated $473,283,345
- MORGAN STANLEY removed 13,730,308 shares (-16.0%) from their portfolio in Q3 2024, for an estimated $337,079,061
- PRICE T ROWE ASSOCIATES INC /MD/ removed 8,822,992 shares (-13.1%) from their portfolio in Q3 2024, for an estimated $216,604,453
- DODGE & COX added 7,991,268 shares (+66.0%) to their portfolio in Q3 2024, for an estimated $196,185,629
- FMR LLC added 6,584,910 shares (+32.0%) to their portfolio in Q3 2024, for an estimated $161,659,540
- CAPITAL INTERNATIONAL INVESTORS added 3,777,783 shares (+6.9%) to their portfolio in Q3 2024, for an estimated $92,744,572
- MARSHALL WACE, LLP added 3,105,698 shares (+1505.8%) to their portfolio in Q3 2024, for an estimated $76,244,885
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information.
