Shopify Inc. $SHOP Shares Bought by Investment House LLC

Investment House LLC lifted its holdings in shares of Shopify Inc. (NASDAQ:SHOP) (TSE:SHOP) by 142.5% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 13,679 shares of the software maker’s stock after acquiring an additional 8,039 shares during the quarter. Investment House LLC’s holdings in Shopify were worth $2,029,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. The Manufacturers Life Insurance Company grew its stake in Shopify by 8.5% in the 1st quarter. The Manufacturers Life Insurance Company now owns 8,418,903 shares of the software maker’s stock valued at $998,137,000 after buying an additional 660,198 shares in the last quarter. Swiss National Bank increased its holdings in Shopify by 27.0% during the 1st quarter. Swiss National Bank now owns 4,115,300 shares of the software maker’s stock worth $487,580,000 after acquiring an additional 876,100 shares during the period. Sumitomo Mitsui Trust Group Inc. grew its position in Shopify by 4.1% during the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 3,678,602 shares of the software maker’s stock worth $436,356,000 after buying an additional 145,500 shares in the last quarter. Bank of New York Mellon Corp raised its stake in Shopify by 4.8% in the first quarter. Bank of New York Mellon Corp now owns 3,495,964 shares of the software maker’s stock valued at $414,691,000 after purchasing an additional 159,873 shares in the last quarter. Finally, Amova Asset Management Americas Inc. raised its position in shares of Shopify by 5.0% during the 1st quarter. Amova Asset Management Americas Inc. now owns 3,458,265 shares of the software maker’s stock valued at $410,219,000 after buying an additional 165,080 shares in the last quarter. 69.27% of the stock is owned by institutional investors.

Trending Headlines about Shopify

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: Shopify’s integration with Meta’s Muse AI shopping agent continues to attract attention. The partnership allows AI-driven orders using Shop Pay to generate normal commerce revenue for Shopify merchants, reinforcing the company’s position in emerging AI-assisted shopping. Shopify Soars 33% in a Month on Meta’s Muse Deal
• Positive Sentiment: Analyst commentary highlights Shopify’s strong growth profile, including rising AI adoption, payments expansion and gross merchandise volume. These trends could support continued above-market growth, although they are already reflected in the stock’s elevated valuation. Shopify Is an Incredible Growth Stock
• Positive Sentiment: Poq became a Shopify Certified Technology Partner, making its native mobile-app platform easier for enterprise merchants to discover. The certification strengthens Shopify’s broader commerce technology ecosystem, though the direct financial benefit to Shopify is likely limited. Poq Is Now a Shopify Certified Technology Partner
• Neutral Sentiment: Disco launched an advertiser-funded cashback feature within Shopify checkout, reporting approximately 5% higher order conversion during pilot testing. The initiative could improve merchant engagement and checkout monetization, but it is a third-party development rather than a direct Shopify announcement. Disco Launches Pre-Purchase
• Neutral Sentiment: Octane AI introduced an AI quiz-building tool for Shopify brands, adding to the platform’s growing ecosystem of merchant-focused AI applications. The product may help merchants improve personalization but is unlikely to materially affect Shopify’s results immediately. Octane AI Launches Phoenix
• Negative Sentiment: ATB Cormark downgraded SHOP to Sector Perform from Outperform and set a C$234 price target after the stock advanced roughly 56% in three months. The downgrade reflects concern that AI-related optimism and other gains may have already priced in much of Shopify’s future growth. Shopify Down as ATB Cormark Downgrades the Stock
• Negative Sentiment: Despite bullish Wall Street recommendations and strong operating momentum, commentary emphasizes that Shopify trades at a premium valuation after its sharp rally. That valuation leaves the stock vulnerable to profit-taking or disappointment if growth slows. Shopify Jumps 56% in Three Months

Shopify Trading Down 3.1%

Shares of SHOP stock opened at $168.81 on Friday. The business has a 50-day moving average of $150.64 and a 200 day moving average of $129.87. The company has a debt-to-equity ratio of 0.01, a current ratio of 5.35 and a quick ratio of 5.35. Shopify Inc. has a 1-year low of $94.00 and a 1-year high of $182.19. The stock has a market capitalization of $217.20 billion, a PE ratio of 140.56, a P/E/G ratio of 3.60 and a beta of 2.62.

Shopify (NASDAQ:SHOP) (TSE:SHOP) last announced its quarterly earnings data on Wednesday, August 5th. The software maker reported $0.42 earnings per share for the quarter, beating the consensus estimate of $0.40 by $0.02. The firm had revenue of $3.58 billion during the quarter. Shopify had a return on equity of 12.58% and a net margin of 14.53%. The business’s revenue for the quarter was up 33.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.69 EPS. As a group, sell-side analysts anticipate that Shopify Inc. will post 1.46 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the company. Sanford C. Bernstein assumed coverage on Shopify in a report on Thursday, September 10th. They issued an “outperform” rating and a $160.00 price objective for the company. Truist Financial set a $180.00 price target on shares of Shopify and gave the company a “buy” rating in a research report on Wednesday, August 5th. National Bank Financial reissued an “outperform” rating and set a $180.00 price target (up from $155.00) on shares of Shopify in a research note on Wednesday, August 5th. DA Davidson set a $200.00 price objective on shares of Shopify and gave the stock a “buy” rating in a report on Thursday, August 6th. Finally, Susquehanna assumed coverage on shares of Shopify in a research note on Friday, July 10th. They issued a “neutral” rating for the company. Three research analysts have rated the stock with a Strong Buy rating, thirty-six have given a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat, Shopify currently has a consensus rating of “Moderate Buy” and a consensus target price of $175.89.

Shopify Company Profile

Shopify Inc is a commerce technology company that provides tools for businesses of various sizes to start, operate and grow online and in physical retail environments. Its platform supports online storefronts, product and inventory management, order processing, marketing, analytics and customer engagement.

The company offers subscription-based plans and merchant solutions, including Shopify Payments, Shopify POS, Shopify Capital and tools for shipping, checkout and fulfillment. Shopify also supports sales through multiple channels, such as merchants’ own websites, mobile devices, social media and third-party marketplaces.

Shopify was founded in 2006 by Tobias Lütke, Daniel Weinand and Scott Lake after the founders developed an online store for snowboarding equipment.