Shopify Inc. $SHOP Shares Purchased by BIT Capital GmbH

BIT Capital GmbH boosted its holdings in shares of Shopify Inc. (NASDAQ:SHOP) (TSE:SHOP) by 76.4% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 188,752 shares of the software maker’s stock after buying an additional 81,723 shares during the quarter. Shopify accounts for 1.0% of BIT Capital GmbH’s investment portfolio, making the stock its 29th largest position. BIT Capital GmbH’s holdings in Shopify were worth $28,050,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of SHOP. Financial Gravity Companies Inc. purchased a new position in Shopify in the second quarter valued at $27,000. Rothschild Investment LLC boosted its stake in shares of Shopify by 47.5% in the 2nd quarter. Rothschild Investment LLC now owns 233 shares of the software maker’s stock valued at $27,000 after buying an additional 75 shares during the period. Heartwood Wealth Advisors LLC acquired a new position in shares of Shopify during the third quarter worth about $27,000. Estabrook Capital Management purchased a new stake in shares of Shopify during the second quarter worth approximately $29,000. Finally, Access Investment Management LLC acquired a new stake in Shopify in the second quarter valued at approximately $31,000. Institutional investors and hedge funds own 69.27% of the company’s stock.

Shopify Stock Up 1.8%

SHOP opened at $123.80 on Friday. The firm has a market cap of $161.17 billion, a price-to-earnings ratio of 133.12, a price-to-earnings-growth ratio of 4.43 and a beta of 2.83. Shopify Inc. has a 52 week low of $69.84 and a 52 week high of $182.19. The business’s 50 day moving average is $146.72 and its two-hundred day moving average is $150.52.

More Shopify News

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: Post‑earnings rebound driven by strong Q4 results (revenue and GMV growth in the low‑30% range), bullish first‑quarter revenue outlook and the newly authorized $2 billion share repurchase program — a clear shareholder‑friendly catalyst that helped lift sentiment. Post‑earnings sentiment and buyback
• Positive Sentiment: Truist published a $150 price target for SHOP, providing an analyst‑level endorsement above the current trading price that can support upside expectations. Truist $150 PT
• Positive Sentiment: DZ Bank upgraded Shopify from Hold to Strong‑Buy, adding to the list of recent bullish analyst moves that can attract buyers. DZ Bank upgrade
• Neutral Sentiment: Jefferies kept a Hold rating with a $125 target after noting Q4 strength and AI/marketplace momentum — supportive on results but cautious enough to keep a neutral stance. Jefferies reaction to Q4
• Neutral Sentiment: Shopify was featured in a list of long‑term growth platforms, reflecting favorable long‑run narrative for investor interest but not a near‑term earnings or balance‑sheet catalyst. Long‑term growth stock mention
• Negative Sentiment: A deeper critique argues that solid Q4 results may not be enough to change Shopify’s longer‑term trajectory — concerns about margins, competitive dynamics and whether growth can sustainably re‑accelerate persist. This framing can limit upside despite the quarter. BayStreet skeptical take
• Negative Sentiment: Broader marketplace moves — eBay’s strategic deals and ad/recommerce strength — highlight intensifying competition in online marketplaces, a dynamic investors watch when assessing Shopify’s GMV/margin outlook. Market competition context

Wall Street Analysts Forecast Growth

SHOP has been the topic of a number of recent analyst reports. Citizens Jmp dropped their price objective on shares of Shopify from $200.00 to $160.00 and set a “market outperform” rating on the stock in a research report on Thursday, February 12th. Moffett Nathanson upgraded shares of Shopify from a “neutral” rating to a “buy” rating and set a $150.00 target price for the company in a research note on Monday, February 9th. National Bank Financial raised their price target on Shopify from $180.00 to $200.00 and gave the company an “outperform” rating in a research note on Thursday, October 23rd. BNP Paribas Exane initiated coverage on Shopify in a research report on Monday, November 24th. They set a “neutral” rating for the company. Finally, Mizuho upgraded Shopify from a “neutral” rating to an “outperform” rating and set a $150.00 price objective on the stock in a report on Thursday, February 12th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and eleven have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $162.64.

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.