Parallel Advisors LLC Has $6.38 Million Holdings in Coupang, Inc. $CPNG

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

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Norges Bank acquired a new stake in Coupang during the 4th quarter worth approximately $498,333,000. Assenagon Asset Management S.A. grew its holdings in Coupang by 1,394.1% in the 1st quarter. Assenagon Asset Management S.A. now owns 17,117,583 shares of the company’s stock valued at $323,180,000 after buying an additional 15,971,942 shares in the last quarter. Tiger Global Management LLC increased its position in Coupang by 65.9% during the 4th quarter. Tiger Global Management LLC now owns 26,267,259 shares of the company’s stock worth $619,645,000 after buying an additional 10,429,680 shares during the period. Capital International Investors increased its position in Coupang by 20.4% during the 4th quarter. Capital International Investors now owns 41,131,036 shares of the company’s stock worth $970,340,000 after buying an additional 6,977,942 shares during the period. Finally, Dragoneer Investment Group LLC lifted its holdings in shares of Coupang by 47.1% during the fourth quarter. Dragoneer Investment Group LLC now owns 21,576,556 shares of the company’s stock worth $508,991,000 after buying an additional 6,910,865 shares in the last quarter. Institutional investors and hedge funds own 83.72% of the company’s stock.

Key Coupang News

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

Analysts Set New Price Targets

CPNG has been the subject of a number of recent research reports. The Goldman Sachs Group set a $31.00 target price on shares of Coupang in a research report on Thursday, July 9th. CLSA began coverage on shares of Coupang in a research note on Monday, June 15th. They issued an “outperform” rating and a $24.00 price objective for the company. Deutsche Bank Aktiengesellschaft raised shares of Coupang from a “hold” rating to a “buy” rating and set a $21.50 price objective for the company in a report on Wednesday. Citigroup cut shares of Coupang from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $23.00 to $22.20 in a report on Wednesday, May 6th. Finally, Barclays reiterated an “overweight” rating and issued a $29.00 price target on shares of Coupang in a research report on Tuesday, July 7th. Six investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, Coupang has a consensus rating of “Hold” and a consensus price target of $25.39.

Coupang Stock Down 4.4%

CPNG stock opened at $16.04 on Thursday. The company has a market cap of $28.79 billion, a PE ratio of -37.30 and a beta of 1.13. The business has a 50-day simple moving average of $17.02 and a 200 day simple moving average of $18.20. Coupang, Inc. has a 52 week low of $14.92 and a 52 week high of $34.08. The company has a quick ratio of 0.76, a current ratio of 0.97 and a debt-to-equity ratio of 0.16.

Coupang (NYSE:CPNG) last posted its quarterly earnings data on Tuesday, May 5th. The company reported ($0.15) earnings per share for the quarter, missing the consensus estimate 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 for the quarter, compared to the consensus estimate of $8.48 billion. During the same period in the prior year, the company earned $0.06 EPS. The company’s revenue for the quarter was up 7.5% compared to the same quarter last year. Sell-side analysts anticipate that Coupang, Inc. will post -0.33 EPS for the current fiscal year.

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.