Shopify Inc. $SHOP Shares Bought by Western Wealth Management LLC

Western Wealth Management LLC boosted its stake in shares of Shopify Inc. (NASDAQ:SHOP) (TSE:SHOP) by 94.9% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 6,745 shares of the software maker’s stock after acquiring an additional 3,284 shares during the quarter. Western Wealth Management LLC’s holdings in Shopify were worth $800,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Rathbones Group PLC lifted its position in shares of Shopify by 7.8% during the first quarter. Rathbones Group PLC now owns 1,510,859 shares of the software maker’s stock worth $179,217,000 after purchasing an additional 109,078 shares in the last quarter. Pine Valley Investments Ltd Liability Co grew its holdings in shares of Shopify by 6.1% in the first quarter. Pine Valley Investments Ltd Liability Co now owns 12,967 shares of the software maker’s stock valued at $1,538,000 after purchasing an additional 743 shares in the last quarter. Parallel Advisors LLC increased its stake in Shopify by 8.0% during the 1st quarter. Parallel Advisors LLC now owns 25,763 shares of the software maker’s stock worth $3,056,000 after buying an additional 1,910 shares during the period. NewEdge Advisors LLC increased its stake in Shopify by 1.7% during the 1st quarter. NewEdge Advisors LLC now owns 88,957 shares of the software maker’s stock worth $10,552,000 after buying an additional 1,475 shares during the period. Finally, Caerus Investment Advisors LLC lifted its holdings in Shopify by 5.6% during the 1st quarter. Caerus Investment Advisors LLC now owns 1,688 shares of the software maker’s stock worth $200,000 after buying an additional 90 shares in the last quarter. 69.27% of the stock is currently owned by hedge funds and other institutional investors.

More Shopify News

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: AI commerce is gaining traction. AI-generated traffic, orders and conversions on Shopify are rising, suggesting that merchants are using the platform to benefit from changing shopping and discovery habits. AI tools appear to be encouraging new business formation and strengthening Shopify’s growth outlook. Shopify’s AI-Driven Commerce Gains Momentum: A Sign of More Upside?
• Positive Sentiment: Growth compares favorably with larger peers. Uber generates substantially more revenue in absolute terms, but Shopify has delivered a considerably faster percentage growth rate, reinforcing its appeal as a high-growth software and commerce investment. Shopify vs. Uber Technologies: What Their Revenue Trends Reveal to Investors
• Positive Sentiment: The Shop app is becoming a strategic consumer channel. Shopify plans to make the app central to its 2026 holiday push, adding AI-powered product discovery and recommendations. A stronger consumer-facing app could increase merchant engagement, shopping activity and payments volume. Shopify Puts Shop App at the Center of Its 2026 Holiday Push
• Neutral Sentiment: Operational momentum is strong but valuation is demanding. Analysts point to improving monetization, gross merchandise volume, retention and free-cash-flow performance, but the stock’s elevated price-to-sales, P/E and PEG ratios leave less room for execution setbacks. Shopify: Richer Rule of 52% Underscores Accelerating SaaS Monetization Flywheel
• Negative Sentiment: Valuation and profitability risks remain. Shopify trades at a premium multiple, while margin pressure and rising credit losses could weigh on future earnings and limit upside if growth slows. Shopify Is Overvalued at 11.24X P/S

Shopify Stock Up 5.4%

Shares of NASDAQ:SHOP opened at $158.53 on Friday. The firm has a 50 day simple moving average of $122.08 and a 200-day simple moving average of $119.97. Shopify Inc. has a twelve month low of $94.00 and a twelve month high of $182.19. The company has a current ratio of 5.35, a quick ratio of 5.35 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $205.72 billion, a PE ratio of 107.11, a P/E/G ratio of 3.07 and a beta of 2.58.

Shopify (NASDAQ:SHOP) (TSE:SHOP) last posted its earnings results on Wednesday, August 5th. The software maker reported $0.42 EPS for the quarter, beating analysts’ consensus estimates of $0.40 by $0.02. Shopify had a net margin of 14.53% and a return on equity of 12.58%. The firm had revenue of $3.58 billion for the quarter. During the same period last year, the business earned $0.69 earnings per share. The company’s quarterly revenue was up 33.7% on a year-over-year basis. On average, equities analysts predict that Shopify Inc. will post 1.45 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have commented on SHOP. Jefferies Financial Group reissued a “buy” rating and issued a $175.00 price target on shares of Shopify in a research report on Wednesday, August 5th. Bank of America started coverage on Shopify in a research note on Tuesday, July 7th. They issued a “buy” rating and a $150.00 price objective on the stock. Evercore reiterated an “outperform” rating and issued a $175.00 target price (up from $135.00) on shares of Shopify in a report on Wednesday, August 5th. Robert W. Baird set a $150.00 target price on Shopify in a research note on Wednesday, May 6th. Finally, Piper Sandler restated an “overweight” rating and set a $150.00 price target (down from $165.00) on shares of Shopify in a report on Tuesday, May 5th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat, Shopify has an average rating of “Moderate Buy” and an average price target of $170.72.

Shopify Profile

Shopify is a Canadian commerce technology company that provides a cloud-based platform for businesses to create, manage and scale online and physical retail stores. Its core offering is a software-as-a-service e-commerce platform that enables merchants to build customizable storefronts, manage product catalogs, process orders, and handle inventory. Shopify also supports omnichannel selling through integrated point-of-sale (POS) systems for in-person transactions.

Beyond storefront software, Shopify offers a range of merchant services and tools designed to simplify commerce operations.