Parallel Advisors LLC Decreases Stock Position in Coupang, Inc. $CPNG

Posted by on Jul 21st, 2026

Parallel Advisors LLC decreased its position in shares of Coupang, Inc. (NYSE:CPNG – Free Report) by 8.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor 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 reporting period.

Other large investors have also recently made changes to their positions in the company. Main Street Group LTD bought a new position in Coupang during the first quarter valued at approximately $40,000. Angeles Wealth Management LLC increased its stake in Coupang by 2.5% in the 1st quarter. Angeles Wealth Management LLC now owns 64,037 shares of the company’s stock worth $1,209,000 after acquiring an additional 1,585 shares during the last quarter. Allspring Global Investments Holdings LLC purchased a new stake in shares of Coupang during the 1st quarter worth approximately $9,774,000. D.A. Davidson & CO. raised its holdings in shares of Coupang by 7.1% during the 1st quarter. D.A. Davidson & CO. now owns 69,281 shares of the company’s stock worth $1,308,000 after acquiring an additional 4,575 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its position in shares of Coupang by 0.4% during the 1st quarter. Bank of New York Mellon Corp now owns 3,175,499 shares of the company’s stock valued at $59,953,000 after acquiring an additional 13,595 shares during the last quarter. 83.72% of the stock is owned by institutional investors.

Coupang Stock Performance

NYSE CPNG opened at $16.48 on Tuesday. The business’s 50 day moving average price is $17.02 and its 200-day moving average price is $18.76. Coupang, Inc. has a fifty-two week low of $14.92 and a fifty-two week high of $34.08. The company has a market cap of $29.57 billion, a P/E ratio of -183.04 and a beta of 1.11. 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 (NYSE:CPNG – Get Free Report) 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). The company had revenue of $8.50 billion during the quarter, compared to the consensus estimate of $8.48 billion. Coupang had a negative return on equity of 3.67% and a negative net margin of 0.47%.The firm’s quarterly revenue was up 7.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.06 earnings per share. Sell-side analysts predict that Coupang, Inc. will post -0.33 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on CPNG shares. CLSA initiated coverage on shares of Coupang in a research report on Monday, June 15th. They issued an “outperform” rating and a $24.00 price target on the stock. The Goldman Sachs Group set a $31.00 price objective on shares of Coupang in a research report on Thursday, July 9th. Citigroup cut shares of Coupang from a “buy” rating to a “neutral” rating and dropped their price objective for the stock from $23.00 to $22.20 in a research note on Wednesday, May 6th. Deutsche Bank Aktiengesellschaft downgraded shares of Coupang from a “buy” rating to a “hold” rating and set a $23.00 target price on the stock. in a report on Wednesday, May 6th. Finally, Weiss Ratings cut shares of Coupang from a “sell (d+)” rating to a “sell (d)” rating in a research report on Thursday, May 7th. Five investment analysts have rated the stock with a Buy rating, five have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, Coupang currently has a consensus rating of “Hold” and a consensus target price of $26.02.

Check Out Our Latest Analysis on CPNG

Coupang Profile

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding CPNG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Coupang, Inc. (NYSE:CPNG – Free Report).

Institutional Ownership by Quarter for Coupang (NYSE:CPNG)

Receive News & Ratings for Coupang Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Coupang and related companies with MarketBeat.com's FREE daily email newsletter.