Shopify Inc. $SHOP Shares Purchased by Assetmark Inc.

Assetmark Inc. raised its position in Shopify Inc. (NASDAQ:SHOP) (TSE:SHOP) by 9.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 200,168 shares of the software maker’s stock after acquiring an additional 17,252 shares during the quarter. Assetmark Inc.’s holdings in Shopify were worth $29,747,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the business. Heartwood Wealth Advisors LLC acquired a new position in shares of Shopify in the 3rd quarter worth approximately $27,000. Rothschild Investment LLC boosted its stake in Shopify by 47.5% during the second quarter. Rothschild Investment LLC now owns 233 shares of the software maker’s stock valued at $27,000 after buying an additional 75 shares in the last quarter. Financial Gravity Companies Inc. bought a new stake in Shopify during the second quarter worth approximately $27,000. Tradewinds Capital Management LLC increased its stake in Shopify by 71.4% in the 2nd quarter. Tradewinds Capital Management LLC now owns 240 shares of the software maker’s stock worth $28,000 after purchasing an additional 100 shares in the last quarter. Finally, Estabrook Capital Management acquired a new position in Shopify in the 2nd quarter worth approximately $29,000. Institutional investors and hedge funds own 69.27% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently issued reports on SHOP. Arete Research set a $175.00 price target on Shopify in a report on Monday, February 2nd. Wells Fargo & Company set a $191.00 price objective on shares of Shopify and gave the company an “overweight” rating in a research report on Thursday. Robert W. Baird set a $160.00 price objective on shares of Shopify in a research note on Thursday. Mizuho raised 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. Finally, Wolfe Research upgraded Shopify from a “hold” rating to an “outperform” rating in a research note on Tuesday, January 6th. Thirty-one analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $161.97.

Shopify Stock Performance

Shares of NASDAQ:SHOP opened at $112.70 on Friday. Shopify Inc. has a 52-week low of $69.84 and a 52-week high of $182.19. The company has a 50-day simple moving average of $150.31 and a 200 day simple moving average of $150.64. The company has a market capitalization of $146.72 billion, a P/E ratio of 121.18, a price-to-earnings-growth ratio of 3.26 and a beta of 2.83.

Key Headlines Impacting Shopify

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: Shopify reported strong Q4 revenue and profitability metrics—revenue grew ~31% YoY to $3.67B and EPS topped estimates—supporting bullish takeaways on merchant growth and cash generation. Q4/Profitable SaaS Article
• Positive Sentiment: Analysts have moved more positive: Mizuho upgraded SHOP to “outperform” with a $150 PT, TD Securities raised to “buy” with a $159 PT, and Needham reaffirmed a $180 target—these upgrades are driving buy-side interest. Mizuho Upgrade
• Positive Sentiment: Shopify’s commerce tooling is being integrated into major AI platforms (e.g., ChatGPT/Gemini), reinforcing long‑term revenue/engagement narratives tied to AI-enabled merchant services. AI Integration Article
• Neutral Sentiment: Loomis Sayles highlighted high‑quality, long‑growth companies including Shopify in its investor letter—positive signal for institutional interest but not an immediate catalyst. Loomis Sayles Letter
• Neutral Sentiment: Shopify announced a $2 billion buyback authorization; while buybacks can support the stock, analysts and investors are flagging execution risk and potential cash/volatility implications. Buyback Analysis
• Negative Sentiment: Several firms trimmed price targets (UBS to $145, Benchmark to $145, Wedbush/Citizens JMP trimmed targets), and Truist cut to a $110 target—these downgrades/target cuts introduce selling pressure and mixed sentiment among analysts. Price Target Moves Benchmark Cut
• Negative Sentiment: Despite revenue strength, some coverage highlighted margin strain from AI investment and mixed earnings reactions; the post‑earnings pullback reflected investor concerns about valuation and near‑term profitability. Margin Strain Article Post-Earnings Reaction

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.