Parallel Advisors LLC Sells 32,149 Shares of Coupang, Inc. $CPNG

Parallel Advisors LLC decreased its holdings in shares of Coupang, Inc. (NYSE:CPNG) by 8.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 337,994 shares of the company’s stock after selling 32,149 shares during the quarter. Parallel Advisors LLC’s holdings in Coupang were worth $6,381,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in CPNG. Allen Capital Group LLC grew its holdings in shares of Coupang by 469.2% during the 1st quarter. Allen Capital Group LLC now owns 150,791 shares of the company’s stock valued at $2,847,000 after purchasing an additional 124,297 shares during the last quarter. Axiom Investment Management LLC bought a new position in Coupang in the 1st quarter valued at approximately $502,000. Essential Partners LLC boosted its position in Coupang by 193.4% in the first quarter. Essential Partners LLC now owns 3,448 shares of the company’s stock valued at $65,000 after buying an additional 2,273 shares in the last quarter. RMR Capital Management LLC boosted its position in Coupang by 68.5% in the first quarter. RMR Capital Management LLC now owns 27,059 shares of the company’s stock valued at $511,000 after buying an additional 11,000 shares in the last quarter. Finally, Western Wealth Management LLC bought a new stake in shares of Coupang during the first quarter worth $74,000. Institutional investors own 83.72% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on CPNG shares. Mizuho set a $22.00 price target on shares of Coupang in a report on Wednesday. Barclays reissued an “overweight” rating and set a $29.00 price objective on shares of Coupang in a report on Tuesday, July 7th. Weiss Ratings lowered Coupang from a “sell (d+)” rating to a “sell (d)” rating in a research report on Thursday, May 7th. Bank of America set a $24.00 target price on Coupang in a report on Wednesday. Finally, CLSA assumed coverage on Coupang in a research report on Monday, June 15th. They issued an “outperform” rating and a $24.00 target price for the company. Six equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $25.39.

Coupang Stock Performance

NYSE:CPNG opened at $16.04 on Thursday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.76 and a current ratio of 0.97. Coupang, Inc. has a fifty-two week low of $14.92 and a fifty-two week high of $34.08. The company has a 50 day simple moving average of $17.02 and a two-hundred day simple moving average of $18.20. The company has a market capitalization of $28.79 billion, a PE ratio of -37.30 and a beta of 1.13.

Coupang (NYSE:CPNG) last issued its quarterly earnings results on Tuesday, May 5th. The company reported ($0.15) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.06). Coupang had a negative return on equity of 8.06% and a negative net margin of 2.16%.The firm had revenue of $8.50 billion during the quarter, compared to analyst estimates of $8.48 billion. During the same quarter last year, the firm posted $0.06 EPS. The firm’s revenue for the quarter was up 7.5% on a year-over-year basis. Research analysts anticipate that Coupang, Inc. will post -0.33 earnings per share for the current year.

Coupang News Roundup

Here are the key news stories impacting Coupang this week:

• Positive Sentiment: Coupang reported an adjusted loss of $0.09 per share, better than the consensus estimate for a $0.26–$0.27 loss. Revenue increased 3.9% year over year to $8.86 billion. Coupang Q2 loss and revenue report
• Neutral Sentiment: The earnings presentation and conference call provided additional detail on quarterly operating metrics and management’s outlook, but did not offset investor concerns about the company’s near-term earnings trajectory. Coupang Q2 2026 earnings presentation
• Negative Sentiment: Revenue fell short of analysts’ $8.92 billion expectation, suggesting weaker-than-anticipated top-line momentum despite year-over-year growth. Coupang sales below estimates
• Negative Sentiment: The quarter marked Coupang’s third straight quarterly loss. The company posted negative net margin and return on equity, reinforcing concerns that profitability remains elusive. Coupang third quarterly loss
• Negative Sentiment: Management’s cautious outlook disappointed investors and contributed to selling pressure, as markets remain focused on the pace of growth and the timing of a return to sustained profitability. Coupang cautious outlook

Coupang Profile

Coupang, listed on the New York Stock Exchange under the ticker CPNG, is a South Korean e-commerce company headquartered in Seoul. Founded in 2010 by Bom Kim, the company grew rapidly by combining an online marketplace with a large direct-retail business model. Coupang completed a primary listing in the United States in 2021, and it has become one of South Korea’s leading online retailers by focusing on convenience, speed and a wide product assortment across consumer categories.

The company operates a vertically integrated e-commerce platform that includes a customer-facing marketplace and an extensive logistics and fulfillment network.