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Coupang chief accounting officer Lee sells $75,338 in stock

Coupang chief accounting officer Lee sells $75,338 in stock

Coupang's Chief Accounting Officer, Jonathan D. Lee, sold 5,519 shares of the company's Class A Common Stock on October 2, 2026, for a total of $75,338. The sale was executed through a Rule 10b5-1 trading plan that Mr. Lee established in May 2026 to meet tax obligations. The stock's price during the transaction ranged between $13.42 and $13.84 per share, and it has since increased to $15.82.

However, Coupang's stock remains down approximately 33% year-to-date and is significantly below its 52-week high of $32.70. Despite selling these shares, Mr. Lee still holds 176,396 shares of Coupang's Class A Common Stock. Coupang, valued at $28.44 billion, is currently facing profitability challenges, as it was not profitable over the last year, with a diluted EPS of -$0.43.

Investors can find additional insights into the company through InvestingPro, which offers 6 exclusive tips along with financial metrics and Fair Value analysis. Coupang is set to report earnings on November 10, 2026. Recently, Coupang reported mixed second-quarter 2026 financial results, posting an adjusted loss of $0.09 per share, which was better than expected, though revenue fell short of estimates.

The Product Commerce segment generated $7.4 billion in net revenue, marking an 8% increase in constant currency terms. BofA Securities lowered its stock price target to $24 from $27, maintaining a Buy rating due to margin pressure. Despite these challenges, Coupang reported a rebound in active customers and growing customer spending.

Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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