Around $7M Bet On Coupang? Check Out These 3 Stocks Executives Are Buying

Core Insights - U.S. stocks closed higher on Friday, with notable insider trades indicating confidence in company prospects [1] Group 1: Insider Trades - Coupang, Inc. Director Neil Mehta purchased 300,000 shares at an average price of $22.94, totaling approximately $6.9 million. The company reported a profit of 7 cents per share for Q2, beating the analyst consensus estimate of a loss of 1 cent, but sales of $7.32 billion missed the estimate of $7.38 billion [3] - V.F. Corporation Director Richard Carucci acquired 15,000 shares at an average price of $16.70, costing around $250,500. The company reported better-than-expected first-quarter financial results [4] - FAT Brands Inc. Director Mark Elenowitz bought 3,000 shares at an average price of $10.83, totaling approximately $32,483. The company posted downbeat quarterly results on July 31 [5]