6,870 Shares in Shopify Inc. $SHOP Purchased by Cane Capital Partners LLC

Cane Capital Partners LLC acquired a new position in Shopify Inc. (NASDAQ:SHOP) (TSE:SHOP) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 6,870 shares of the software maker’s stock, valued at approximately $1,106,000.

Several other large investors also recently added to or reduced their stakes in SHOP. Brighton Jones LLC increased 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 worth $2,252,000 after acquiring an additional 584 shares during the last quarter. AQR Capital Management LLC increased its holdings in Shopify by 107.3% in the 1st quarter. AQR Capital Management LLC now owns 14,576 shares of the software maker’s stock worth $1,392,000 after acquiring 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 acquiring an additional 506 shares during the last quarter. Cary Street Partners Investment Advisory LLC increased its holdings in Shopify by 28.5% in the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 456 shares of the software maker’s stock worth $53,000 after acquiring an additional 101 shares during the last quarter. Finally, Jump Financial LLC increased its holdings in Shopify by 82.2% in the 2nd quarter. Jump Financial LLC now owns 68,355 shares of the software maker’s stock worth $7,885,000 after acquiring an additional 30,846 shares during the last quarter. Hedge funds and other institutional investors own 69.27% of the company’s stock.

Shopify Stock Down 1.5%

SHOP stock opened at $117.06 on Wednesday. The firm has a market capitalization of $152.66 billion, a PE ratio of 125.87, a PEG ratio of 4.24 and a beta of 2.82. Shopify Inc. has a twelve month low of $74.67 and a twelve month high of $182.19. The stock has a 50-day simple moving average of $121.76 and a two-hundred day simple moving average of $145.61.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on SHOP shares. Stifel Nicolaus set a $115.00 price objective on Shopify and gave the stock a “hold” rating in a report on Wednesday, February 11th. Wedbush decreased their price objective on Shopify from $185.00 to $160.00 and set an “outperform” rating for the company in a report on Thursday, February 12th. Phillip Securities raised Shopify from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 18th. Wells Fargo & Company decreased their price objective on Shopify from $191.00 to $166.00 and set an “overweight” rating for the company in a report on Monday. Finally, Moffett Nathanson raised Shopify from a “neutral” rating to a “buy” rating and set a $150.00 price objective for the company in a report on Monday, February 9th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $162.70.

Key Shopify News

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: Seeking Alpha upgrades SHOP from Sell to Buy, arguing AI-driven commerce (including a “Universal Commerce Protocol”) plus accelerating B2B GMV (reported +84% YoY) and deeper monetization create new growth vectors. Shopify’s Next Leg Isn’t Valuation – It’s AI-Driven Commerce (Double Rating Upgrade)
• Positive Sentiment: Reports show Merchant Solutions revenue growing ~35% and Shopify pushing AI commerce tools — supportive for revenue mix and monetization potential, though competition remains a headwind. SHOP Rides on Robust Merchant Solutions Revenues: More Upside Ahead?
• Positive Sentiment: Another bullish take calls SHOP “AI‑resistant” and a buy-the-dip candidate after recent pullbacks, citing expanding profitability, free cash flow and resilient GMV. This supports the buy-side narrative. Shopify: Highly AI-Resistant, ‘Buy’ The Dip
• Positive Sentiment: Media coverage highlights Jim Cramer saying he doesn’t see a compelling AI disruption case against Shopify, a public defense that can soothe investor worries around AI risk. Jim Cramer Says “I Don’t Think There’s a Compelling AI Disruption Case Against Shopify”
• Neutral Sentiment: Wells Fargo trimmed its price target from $191 to $166 but kept an “overweight” rating — still bullish but the cut helps explain some near-term selling pressure. Benzinga
• Neutral Sentiment: Socket Mobile announced new barcode-scanner compatibility with Shopify v11.0.0 — a modest product/integration win for merchants that’s unlikely to move the stock materially. Socket Mobile Expands Shopify Compatibility with Support for SocketScan S721 and S741 Barcode Scanners
• Neutral Sentiment: Zacks notes Shopify is a trending stock among users — increased attention can amplify volatility but doesn’t change fundamentals by itself. Shopify Inc. (SHOP) Is a Trending Stock: Facts to Know Before Betting on It
• Negative Sentiment: Zacks reports SHOP slid while the broader market rose, underscoring sector/valuation pressure and investor rotation away from richly valued growth names — a short-term headwind. Shopify (SHOP) Stock Slides as Market Rises: Facts to Know Before You Trade

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.