AGP Franklin LLC Purchases Shares of 6,547 Shopify Inc. $SHOP

AGP Franklin LLC purchased a new position in shares of Shopify Inc. (NASDAQ:SHOP) (TSE:SHOP) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 6,547 shares of the software maker’s stock, valued at approximately $973,000.

Other hedge funds have also recently modified their holdings of the company. Brighton Jones LLC lifted its stake in shares of Shopify by 2.8% during the fourth quarter. Brighton Jones LLC now owns 21,176 shares of the software maker’s stock worth $2,252,000 after buying an additional 584 shares during the period. AQR Capital Management LLC boosted its position in Shopify by 107.3% in the first quarter. AQR Capital Management LLC now owns 14,576 shares of the software maker’s stock valued at $1,392,000 after buying an additional 7,544 shares during the last quarter. Sivia Capital Partners LLC increased its holdings in Shopify by 6.6% in the 2nd quarter. Sivia Capital Partners LLC now owns 8,190 shares of the software maker’s stock worth $945,000 after buying an additional 506 shares during the period. Smith Salley Wealth Management purchased a new position in Shopify during the 2nd quarter worth approximately $251,000. Finally, GC Wealth Management RIA LLC acquired a new stake in Shopify during the 2nd quarter valued at approximately $1,216,000. Institutional investors and hedge funds own 69.27% of the company’s stock.

Shopify Trading Up 0.9%

NASDAQ:SHOP opened at $137.50 on Wednesday. The company has a market cap of $179.00 billion, a P/E ratio of 101.85, a P/E/G ratio of 4.03 and a beta of 2.83. Shopify Inc. has a twelve month low of $69.84 and a twelve month high of $182.19. The company’s 50-day moving average price is $158.87 and its 200-day moving average price is $151.09.

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

More Shopify News

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: Analysts and data point to AI-fueled Merchant Solutions growth — Zacks highlights a ~38% surge in Merchant Solutions revenue as Shopify rolls out AI tools and expands globally, a direct driver of higher recurring platform take-rates and monetization upside. AI Push Drives SHOP’s Merchant Solutions Revenues
• Positive Sentiment: Street upgrade and higher price target — Royal Bank of Canada set a $200 price target and an “outperform” rating, implying meaningful upside vs. current levels; this can attract buy-side interest and support multiple expansion. RBC $200 Price Target
• Positive Sentiment: Sentiment shift: Seeking Alpha argues Shopify’s bear case is fading as AI commerce accelerates, marking a narrative turn that can help re-rate the stock if revenue/monetization momentum continues. Shopify’s Bear Case Is Fading
• Positive Sentiment: Partner ecosystem expansion — Netalico was promoted to Shopify Premier Partner, signaling stronger partner-driven merchant acquisition and implementation capacity for Shopify’s platform and AI-driven services. Netalico Promoted to Shopify Premier Partner
• Positive Sentiment: Improving merchant security / migration capabilities — SEON and Domaine announced a partnership to deliver advanced fraud prevention and migration/optimization services for Shopify merchants, which reduces churn and supports higher merchant LTV. SEON and Domaine Partnership
• Neutral Sentiment: Third‑party capital adoption story — A Seeking Alpha piece on Sabra Health Care REIT frames SHOP as an operating model third parties adopt; notable for validating Shopify’s platform approach but not an immediate revenue driver for Shopify itself. Sabra Health Care: SHOP Unlocks Hidden Value
• Neutral Sentiment: Comparative coverage — A financial contrast piece versus a smaller firm provides context but adds little incremental insight into Shopify’s fundamentals; useful for relative valuation checks. Financial Contrast: Shopify vs IAIC
• Negative Sentiment: Short-term price weakness noted — Coverage flagged a recent intraday/closing dip in SHOP, reflecting market volatility and the stock’s high beta; this can pressure sentiment even if fundamentals stay intact. Shopify Stock Slides as Market Rises
• Negative Sentiment: Debate over AI threats — An opinion piece asks “Will AI kill Shopify?”, highlighting investor concerns that AI could lower switching costs or enable new competitors; this is a strategic risk if Shopify fails to monetize or defend its platform advantages. Will AI Kill Shopify?

Analyst Ratings Changes

Several brokerages recently issued reports on SHOP. BNP Paribas Exane started coverage on shares of Shopify in a report on Monday, November 24th. They set a “neutral” rating for the company. Truist Financial set a $155.00 price objective on Shopify and gave the company a “hold” rating in a report on Tuesday, November 4th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Shopify in a report on Monday, December 29th. National Bankshares boosted their price target on Shopify from $180.00 to $200.00 and gave the company an “outperform” rating in a report on Thursday, October 23rd. Finally, DZ Bank raised shares of Shopify from a “strong sell” rating to a “hold” rating in a report on Thursday, November 6th. Twenty-four research analysts have rated the stock with a Buy rating and twenty have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $171.61.

About Shopify

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.