Shopify Inc. $SHOP Holdings Decreased by Banco Bilbao Vizcaya Argentaria S.A.

Banco Bilbao Vizcaya Argentaria S.A. trimmed its stake in Shopify Inc. (NASDAQ:SHOP) (TSE:SHOP) by 17.4% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 24,305 shares of the software maker’s stock after selling 5,137 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Shopify were worth $2,816,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also modified their holdings of SHOP. Family Legacy Financial Solutions LLC acquired a new position in Shopify in the 2nd quarter worth about $25,000. Tradewinds Capital Management LLC lifted its position in Shopify by 71.4% during the 2nd quarter. Tradewinds Capital Management LLC now owns 240 shares of the software maker’s stock worth $28,000 after acquiring an additional 100 shares during the last quarter. Coastline Trust Co bought a new position in shares of Shopify in the second quarter worth about $29,000. Smithfield Trust Co lifted its position in shares of Shopify by 149.2% during the 1st quarter. Smithfield Trust Co now owns 314 shares of the software maker’s stock worth $30,000 after purchasing an additional 188 shares during the last quarter. Finally, Dagco Inc. acquired a new stake in Shopify in the 1st quarter valued at approximately $30,000. 69.27% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have issued reports on SHOP. Arete restated a “neutral” rating on shares of Shopify in a research report on Wednesday, July 23rd. Citigroup boosted their price target on shares of Shopify from $155.00 to $195.00 and gave the company a “buy” rating in a report on Friday, August 8th. The Goldman Sachs Group lifted their target price on shares of Shopify from $120.00 to $176.00 and gave the company a “buy” rating in a research report on Thursday, August 7th. Phillip Securities cut shares of Shopify from a “moderate buy” rating to a “hold” rating in a research note on Tuesday, August 12th. Finally, Oppenheimer reiterated an “outperform” rating and issued a $200.00 price objective (up from $180.00) on shares of Shopify in a research note on Tuesday, October 28th. Twenty-two equities research analysts have rated the stock with a Buy rating and twenty-four have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $163.89.

Shopify Price Performance

SHOP stock opened at $146.04 on Monday. The business has a fifty day moving average price of $156.68 and a 200 day moving average price of $132.54. Shopify Inc. has a fifty-two week low of $69.84 and a fifty-two week high of $182.19. The stock has a market capitalization of $190.12 billion, a price-to-earnings ratio of 108.18, a P/E/G ratio of 5.39 and a beta of 2.73.

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

Shopify Profile

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.