Rep. Jonathan L. Jackson Purchases Shopify Inc. (NASDAQ:SHOP) Stock

Representative Jonathan L. Jackson (D-Illinois) recently bought shares of Shopify Inc. (NASDAQ:SHOP). In a filing disclosed on November 10th, the Representative disclosed that they had bought between $15,001 and $50,000 in Shopify stock on October 6th. The trade occurred in the Representative’s “MORGAN STANLEY TRUST ACCOUNT” account.

Representative Jonathan L. Jackson also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Shopify (NASDAQ:SHOP) on 10/8/2025.
• Sold $1,001 – $15,000 in shares of McKesson (NYSE:MCK) on 10/8/2025.
• Purchased $15,001 – $50,000 in shares of Robinhood Markets (NASDAQ:HOOD) on 10/8/2025.
• Purchased $1,001 – $15,000 in shares of Robinhood Markets (NASDAQ:HOOD) on 9/5/2025.
• Purchased $1,001 – $15,000 in shares of Tenet Healthcare (NYSE:THC) on 9/3/2025.
• Sold $1,001 – $15,000 in shares of Lam Research (NASDAQ:LRCX) on 9/3/2025.
• Sold $1,001 – $15,000 in shares of ARM (NASDAQ:ARM) on 9/2/2025.
• Purchased $15,001 – $50,000 in shares of Doximity (NASDAQ:DOCS) on 8/25/2025.
• Sold $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 8/13/2025.
• Purchased $1,001 – $15,000 in shares of Lam Research (NASDAQ:LRCX) on 8/13/2025.

Shopify Trading Up 0.0%

SHOP opened at $158.94 on Wednesday. Shopify Inc. has a 12-month low of $69.84 and a 12-month high of $182.19. The company has a market cap of $206.57 billion, a price-to-earnings ratio of 117.73, a PEG ratio of 5.87 and a beta of 2.73. The company’s 50 day moving average is $156.34 and its 200 day moving average is $131.44.

Shopify (NASDAQ:SHOP) (TSE:SHOP) last issued its quarterly earnings results on Tuesday, November 4th. The software maker reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.03. Shopify had a net margin of 16.65% and a return on equity of 11.72%. The business had revenue of $2.84 billion for the quarter, compared to analysts’ expectations of $2.75 billion. Shopify has set its Q4 2025 guidance at EPS. As a group, analysts predict that Shopify Inc. will post 1.12 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the company. Arete Research upgraded Shopify to a “hold” rating in a research report on Wednesday, July 23rd. Wedbush reaffirmed an “outperform” rating and set a $185.00 price objective (up from $160.00) on shares of Shopify in a research report on Tuesday, November 4th. Arete reissued a “neutral” rating on shares of Shopify in a report on Wednesday, July 23rd. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $181.00 price target (up previously from $156.00) on shares of Shopify in a report on Wednesday, November 5th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Shopify in a research report on Wednesday, November 5th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and twenty-three have given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $163.89.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. Brighton Jones LLC lifted its position in Shopify by 2.8% during the fourth quarter. Brighton Jones LLC now owns 21,176 shares of the software maker’s stock valued at $2,252,000 after purchasing an additional 584 shares during the last quarter. Greenleaf Trust raised its position in shares of Shopify by 5.3% during the 1st quarter. Greenleaf Trust now owns 4,146 shares of the software maker’s stock valued at $396,000 after buying an additional 208 shares in the last quarter. Cerity Partners LLC lifted its holdings in shares of Shopify by 7.1% in the 1st quarter. Cerity Partners LLC now owns 97,945 shares of the software maker’s stock valued at $9,352,000 after acquiring an additional 6,498 shares during the last quarter. Kathmere Capital Management LLC grew its position in Shopify by 25.6% in the first quarter. Kathmere Capital Management LLC now owns 3,499 shares of the software maker’s stock worth $334,000 after acquiring an additional 713 shares in the last quarter. Finally, BankPlus Trust Department bought a new stake in Shopify during the first quarter worth approximately $76,000. 69.27% of the stock is owned by hedge funds and other institutional investors.

About Representative Jackson

Jonathan Jackson (Democratic Party) is a member of the U.S. House, representing Illinois’ 1st Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Jackson (Democratic Party) is running for re-election to the U.S. House to represent Illinois’ 1st Congressional District. He declared candidacy for the 2026 election.

Jonathan Jackson was born in Chicago, Illinois. Jackson graduated from Whitney Young High School. He earned an M.B.A. from Northwestern University. Jackson’s career experience includes working as an investment analyst and an entrepreneur.

About Shopify

Shopify Inc, a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, Australia, China, and Latin America. The company’s platform enables merchants to displays, manages, markets, and sells its products through various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and access financing.