Have Insiders Sold Coupang Shares Recently?

We wouldn't blame Coupang, Inc. (NYSE:CPNG) shareholders if they were a little worried about the fact that Hanseung Kang, a company insider, recently netted about US$1.8m selling shares at an average price of US$26.17. That's a big disposal, and it decreased their holding size by 12%, which is notable but not too bad.

We've discovered 2 warning signs about Coupang. View them for free.

Coupang Insider Transactions Over The Last Year

In the last twelve months, the biggest single sale by an insider was when the General Counsel & Chief Administrative Officer, Harold L. Rogers, sold US$6.4m worth of shares at a price of US$23.50 per share. That means that an insider was selling shares at slightly below the current price (US$26.56). We generally consider it a negative if insiders have been selling, especially if they did so below the current price, because it implies that they considered a lower price to be reasonable. While insider selling is not a positive sign, we can't be sure if it does mean insiders think the shares are fully valued, so it's only a weak sign. This single sale was 59% of Harold L. Rogers's stake.

Coupang insiders didn't buy any shares over the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

Check out our latest analysis for Coupang

I will like Coupang better if I see some big insider buys. While we wait, check out this free list of undervalued and small cap stocks with considerable, recent, insider buying.

Does Coupang Boast High Insider Ownership?

Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. Coupang insiders own about US$4.2b worth of shares (which is 8.9% of the company). I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

So What Do The Coupang Insider Transactions Indicate?

Insiders sold stock recently, but they haven't been buying. Looking to the last twelve months, our data doesn't show any insider buying. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. While it's good to be aware of what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. At Simply Wall St, we found 2 warning signs for Coupang that deserve your attention before buying any shares.

Of course Coupang may not be the best stock to buy. So you may wish to see this free collection of high quality companies.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.