Cwm LLC Has $3.51 Million Holdings in Shopify Inc. $SHOP

Cwm LLC boosted its position in shares of Shopify Inc. (NASDAQ:SHOP) (TSE:SHOP) by 24.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,775 shares of the software maker’s stock after acquiring an additional 4,272 shares during the period. Cwm LLC’s holdings in Shopify were worth $3,505,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the company. Jennison Associates LLC grew its holdings in Shopify by 64.3% in the 3rd quarter. Jennison Associates LLC now owns 18,923,431 shares of the software maker’s stock valued at $2,812,211,000 after buying an additional 7,403,821 shares during the last quarter. Select Equity Group L.P. raised its stake in Shopify by 92.5% during the 2nd quarter. Select Equity Group L.P. now owns 2,246,473 shares of the software maker’s stock valued at $259,124,000 after purchasing an additional 1,079,494 shares during the last quarter. Massachusetts Financial Services Co. MA raised its stake in Shopify by 21.3% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 5,536,825 shares of the software maker’s stock valued at $822,828,000 after purchasing an additional 973,132 shares during the last quarter. Steadfast Capital Management LP bought a new stake in Shopify in the 3rd quarter valued at $140,930,000. Finally, Assenagon Asset Management S.A. boosted its holdings in Shopify by 1,593.1% in the 4th quarter. Assenagon Asset Management S.A. now owns 677,511 shares of the software maker’s stock valued at $109,069,000 after purchasing an additional 637,494 shares during the period. 69.27% of the stock is currently owned by institutional investors.

Shopify News Summary

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: RBC says Shopify’s fiscal Q1 results and Q2 guidance look set to beat consensus based on proprietary data, suggesting upcoming earnings could be a catalyst. Shopify Q1 Results, Q2 Outlook Seen Ahead of Consensus, RBC Says
• Positive Sentiment: CIBC reiterated an Outperform rating with a $185 target and expects Shopify to meet or beat fiscal Q1 results, reinforcing analyst conviction and upside to the stock. Can Shopify Inc. (SHOP) Double in the Next 5 Years?
• Positive Sentiment: Investor write-ups (Nightview Capital) and coverage note that Shopify’s expanding AI capabilities and new tools (like recent AI-driven product launches) add meaningful monetization and retention potential. AI Capabilities Deliver Greater Value to Shopify (SHOP)
• Positive Sentiment: Editorial bulls point to relentless revenue growth (double-digit, multi-quarter streak) and a pullback from recent highs as a buying opportunity for long-term investors. This narrative supports conviction flows into the stock. Why I Can’t Stop Buying SHOPIFY Stock
• Neutral Sentiment: Analyst roundups (Goldman Sachs, Zacks) and market commentaries are highlighting Shopify among top stock reports — supportive for sentiment but not a single decisive catalyst. The Zacks Analyst Blog The Goldman Sachs, NextEra, Shopify, Landmark and ImmuCell
• Negative Sentiment: Options flow showed heavy bearish activity before earnings (large put volumes in May strikes), indicating some traders are hedging or speculating on downside into the report — a potential short-term headwind if volatility spikes. Why Traders Just Made A Big Negative Bet On Shopify (SHOP) Before Earnings

Shopify Trading Up 0.6%

NASDAQ SHOP opened at $131.96 on Thursday. Shopify Inc. has a 1-year low of $88.14 and a 1-year high of $182.19. The company has a market capitalization of $172.09 billion, a price-to-earnings ratio of 141.89, a PEG ratio of 4.66 and a beta of 2.82. The stock’s 50 day moving average is $121.62 and its two-hundred day moving average is $143.62.

Analyst Ratings Changes

Several equities analysts recently issued reports on SHOP shares. Royal Bank Of Canada set a $170.00 price target on Shopify and gave the company an “outperform” rating in a research note on Thursday, February 12th. Citizens Jmp decreased their price objective on Shopify from $200.00 to $160.00 and set a “market outperform” rating on the stock in a report on Thursday, February 12th. Evercore set a $135.00 price objective on Shopify in a research report on Wednesday, February 11th. Needham & Company LLC restated a “buy” rating and issued a $180.00 target price on shares of Shopify in a research note on Thursday, February 12th. Finally, Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $126.00 target price (down from $181.00) on shares of Shopify in a research report on Thursday, February 12th. Three research analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $162.70.

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.