Handelsbanken Fonder AB increased its stake in Coupang by 2.9% and Bain Capital invested $18.9 million.

Handelsbanken Fonder AB raised its stake in Coupang, Inc. by 2.9% to 884,144 shares, valued at $21.7 million. Bain Capital also invested $18.9 million. Analysts have a price target of $27.25 for Coupang, with a "Moderate Buy" recommendation. Coupang's Q2 earnings showed a profit of $0.07 per share and revenue of $7.32 billion, marking a 25.4% increase. Institutional investors own 83.72% of the company.

October 07, 2024
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