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

Representative Jonathan L. Jackson (Democratic-Illinois) recently sold shares of Shopify Inc. (NASDAQ:SHOP). In a filing disclosed on March 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in Shopify stock on February 3rd. The trade occurred in the Representative’s “MORGAN STANLEY IRA” account.

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

• Sold $50,001 – $100,000 in shares of International Business Machines (NYSE:IBM) on 2/17/2026.
• Purchased $1,001 – $15,000 in shares of BNY (NYSE:BK) on 2/17/2026.
• Sold $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 2/17/2026.
• Purchased $50,001 – $100,000 in shares of BNY (NYSE:BK) on 2/17/2026.
• Purchased $1,001 – $15,000 in shares of Citigroup (NYSE:C) on 2/11/2026.
• Sold $1,001 – $15,000 in shares of Tenet Healthcare (NYSE:THC) on 2/11/2026.
• Purchased $1,001 – $15,000 in shares of Welltower (NYSE:WELL) on 2/11/2026.
• Sold $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 2/11/2026.
• Purchased $50,001 – $100,000 in shares of Citigroup (NYSE:C) on 2/5/2026.
• Purchased $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 2/5/2026.

Shopify Price Performance

NASDAQ:SHOP opened at $111.85 on Friday. Shopify Inc. has a 1-year low of $69.84 and a 1-year high of $182.19. The company has a 50-day moving average of $125.10 and a 200 day moving average of $147.10. The firm has a market cap of $145.86 billion, a PE ratio of 120.27, a price-to-earnings-growth ratio of 3.96 and a beta of 2.83.

Analyst Ratings Changes

Several research analysts recently commented on the stock. Barclays set a $130.00 price objective on shares of Shopify and gave the stock an “equal weight” rating in a research note on Thursday, February 12th. Arete Research set a $175.00 price target on Shopify in a research report on Monday, February 2nd. Canaccord Genuity Group set a $165.00 price objective on Shopify and gave the company a “buy” rating in a report on Thursday, February 12th. Robert W. Baird set a $160.00 price objective on Shopify in a research report on Thursday, February 12th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $175.00 target price on shares of Shopify in a research note on Thursday, February 12th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Shopify presently has a consensus rating of “Moderate Buy” and an average target price of $163.38.

Hedge Funds Weigh In On Shopify

Institutional investors have recently bought and sold shares of the business. Twin Peaks Wealth Advisors LLC increased its stake in shares of Shopify by 1.7% in the third quarter. Twin Peaks Wealth Advisors LLC now owns 3,448 shares of the software maker’s stock worth $512,000 after acquiring an additional 59 shares during the period. Accurate Wealth Management LLC lifted its position in Shopify by 2.0% during the third quarter. Accurate Wealth Management LLC now owns 3,438 shares of the software maker’s stock valued at $526,000 after purchasing an additional 67 shares during the period. Moloney Securities Asset Management LLC boosted its holdings in Shopify by 1.8% in the third quarter. Moloney Securities Asset Management LLC now owns 3,951 shares of the software maker’s stock valued at $587,000 after purchasing an additional 70 shares during the last quarter. Rothschild Investment LLC boosted its holdings in Shopify by 47.5% in the second quarter. Rothschild Investment LLC now owns 233 shares of the software maker’s stock valued at $27,000 after purchasing an additional 75 shares during the last quarter. Finally, Sivia Capital Partners LLC grew its position in Shopify by 0.9% during the 3rd quarter. Sivia Capital Partners LLC now owns 8,265 shares of the software maker’s stock worth $1,228,000 after purchasing an additional 75 shares during the period. 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 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.