Shopify Inc. $SHOP Shares Acquired by Advisory Services Network LLC

Advisory Services Network LLC boosted its position in Shopify Inc. (NASDAQ:SHOP) (TSE:SHOP) by 20.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 88,198 shares of the software maker’s stock after purchasing an additional 15,264 shares during the period. Advisory Services Network LLC’s holdings in Shopify were worth $13,107,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also made changes to their positions in the stock. Brighton Jones LLC raised its holdings in Shopify by 2.8% in the 4th quarter. Brighton Jones LLC now owns 21,176 shares of the software maker’s stock valued at $2,252,000 after acquiring an additional 584 shares during the last quarter. AQR Capital Management LLC grew its stake in Shopify by 107.3% in the first quarter. AQR Capital Management LLC now owns 14,576 shares of the software maker’s stock worth $1,392,000 after purchasing an additional 7,544 shares in the last quarter. Sivia Capital Partners LLC raised its holdings in shares of Shopify by 6.6% during the second quarter. Sivia Capital Partners LLC now owns 8,190 shares of the software maker’s stock worth $945,000 after purchasing an additional 506 shares during the period. Avantax Advisory Services Inc. grew its position in shares of Shopify by 11.0% during the second quarter. Avantax Advisory Services Inc. now owns 46,695 shares of the software maker’s stock worth $5,386,000 after acquiring an additional 4,614 shares during the last quarter. Finally, Kingsview Wealth Management LLC raised its stake in shares of Shopify by 1.9% during the second quarter. Kingsview Wealth Management LLC now owns 32,427 shares of the software maker’s stock valued at $3,740,000 after purchasing an additional 595 shares in the last quarter. Hedge funds and other institutional investors own 69.27% of the company’s stock.

Wall Street Analysts Forecast Growth

SHOP has been the topic of several recent analyst reports. Truist Financial set a $150.00 price target on Shopify and gave the company a “buy” rating in a research report on Tuesday, February 17th. Canaccord Genuity Group set a $165.00 target price on shares of Shopify and gave the stock a “buy” rating in a report on Thursday, February 12th. KeyCorp restated an “overweight” rating and set a $160.00 price objective on shares of Shopify in a research note on Wednesday, February 11th. ATB Cormark Capital Markets upgraded shares of Shopify from a “sector perform” rating to an “outperform” rating in a research report on Tuesday, February 10th. Finally, Mizuho upgraded shares of Shopify from a “neutral” rating to an “outperform” rating and set a $150.00 price target on the stock in a research note on Thursday, February 12th. Three research analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $163.38.

Shopify Stock Up 1.0%

Shares of NASDAQ:SHOP opened at $127.80 on Wednesday. The company has a 50-day moving average price of $132.31 and a two-hundred day moving average price of $148.53. The firm has a market capitalization of $166.67 billion, a PE ratio of 137.42, a P/E/G ratio of 4.54 and a beta of 2.83. Shopify Inc. has a twelve month low of $69.84 and a twelve month high of $182.19.

Shopify News Summary

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: Shopify is accelerating “agentic” AI for shopping — management argues agentic AI can become a new entry point for merchants, which could drive merchant engagement and long-term monetization. Shopify Bets Big on Agentic AI
• Positive Sentiment: Riskified launched “Dispute Resolve” for Shopify to automate chargeback management and recover lost revenue — a direct merchant-facing capability that can improve cost recovery and strengthen the Shopify payments/ecosystem value proposition. Riskified Launches Dispute Resolve for Shopify
• Positive Sentiment: Capital-return messaging and analyst support are propping sentiment — a share repurchase program, investor presentation emphasis on product velocity, and recent analyst/price-target activity are cited as catalysts for re-rating. Shopify jumps 3.3% as buyback backdrop…
• Neutral Sentiment: Coverage highlighting Shopify as a top AI/e‑commerce pick (including inclusion in Cathie Wood’s 2026-themed lists) raises visibility and can attract momentum buyers, though such coverage is not a direct earnings catalyst. Is Shopify (SHOP) The Best AI Ecommerce Stock to Buy in 2026?
• Neutral Sentiment: Industry and tech outlets are amplifying Shopify’s AI partnerships and ecosystem wins (e.g., deeper Klaviyo/Transcosmos usage) — this supports the narrative of Shopify as commerce infrastructure but will take time to convert to material revenue upside. Is Shopify’s AI Partnership Push Quietly Redefining Its Moat In Commerce Infrastructure (SHOP)?
• Neutral Sentiment: Multiple stories note Shopify is “trending” in the news cycle — helpful for short-term attention but not necessarily a fundamental change. Shopify stock is trending on Tuesday – here’s why
• Neutral Sentiment: Independent analysis pieces highlight AI innovation plus institutional interest — useful context for investors evaluating thematic upside, but conclusions vary by author. Shopify (SHOP) Stock Analysis: AI Innovation Meets Institutional Confidence
• Negative Sentiment: Offsetting factors: some large institutional sellers trimmed positions last quarter and ARK’s stake fell (~18% reported), and technicals show the stock still below its 200‑day average with daily volume under the 3‑month average — these can limit momentum if buybacks or AI adoption don’t accelerate. (See QuiverQuant and firm filings cited in recent coverage.)

Shopify Company 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.