Shopify Inc. $SHOP Stock Position Cut by Achmea Investment Management B.V.

Achmea Investment Management B.V. decreased its stake in shares of Shopify Inc. (NASDAQ:SHOP) (TSE:SHOP) by 39.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 15,387 shares of the software maker’s stock after selling 9,888 shares during the period. Achmea Investment Management B.V.’s holdings in Shopify were worth $2,287,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Heartwood Wealth Advisors LLC acquired a new position in Shopify during the third quarter worth about $27,000. JPL Wealth Management LLC bought a new position in shares of Shopify during the 3rd quarter valued at about $32,000. Rothschild Investment LLC grew 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 worth $27,000 after purchasing an additional 75 shares during the last quarter. Caitlin John LLC acquired a new position in shares of Shopify in the 3rd quarter worth approximately $36,000. Finally, Estabrook Capital Management bought a new stake in shares of Shopify in the 2nd quarter worth approximately $29,000. 69.27% of the stock is currently owned by institutional investors.

Trending Headlines about Shopify

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: Partnerships that deepen the Shopify ecosystem — Bold Commerce’s new rePete app with Node aims to convert guest checkouts into repeat customers, which could boost merchant LTV and subscription revenue over time. rePete By Bold Commerce Partners with Node to Kill the Guest Checkout Revenue Gap
• Positive Sentiment: Riskified integration to automate chargeback management should help merchants recover lost revenue and reduce friction on Shopify stores — a structural win for platform stickiness. Riskified Launches Dispute Resolve for Shopify to Help Merchants Automate Chargeback Management and Recover Lost Revenue
• Positive Sentiment: Ongoing AI-enabled partner wins and platform positioning are reinforcing Shopify’s commerce‑infrastructure moat, supporting medium‑term revenue and product expansion narratives. Is Shopify’s AI Partnership Push Quietly Redefining Its Moat In Commerce Infrastructure (SHOP)?
• Positive Sentiment: Capital‑return messaging and analyst activity are propping sentiment — Shopify’s buyback program (effective mid‑Feb) plus recent analyst upgrades/price‑target resets have provided technical and sentiment support. Shopify jumps 3.3% as buyback backdrop and recent analyst actions keep sentiment positive
• Neutral Sentiment: Positive headlines from retail/news outlets and analyst lists (including mentions in Cathie Wood/ARK materials) keep SHOP in retail conversation, though ARK’s stake has been reduced recently — a mixed signal. Is Shopify (SHOP) The Best AI Ecommerce Stock to Buy in 2026?
• Neutral Sentiment: Media pieces noting that “Shopify is trending” and coverage of its strategic product bets help visibility but don’t move fundamentals on their own. Shopify stock is trending on Tuesday – here’s why
• Negative Sentiment: Large institutional rebalancing and notable fund sell‑downs (reported redemptions/position cuts among some big holders) create supply pressure and likely contributed to today’s downside. $SHOP Hedge Fund Activity & Institutional Moves

Shopify Stock Performance

Shares of SHOP stock opened at $123.75 on Thursday. The stock’s 50 day simple moving average is $131.45 and its 200 day simple moving average is $148.36. Shopify Inc. has a twelve month low of $69.84 and a twelve month high of $182.19. The company has a market capitalization of $161.38 billion, a price-to-earnings ratio of 133.06, a PEG ratio of 4.59 and a beta of 2.83.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on SHOP shares. Needham & Company LLC reiterated a “buy” rating and set a $180.00 price objective on shares of Shopify in a research report on Thursday, February 12th. Weiss Ratings restated a “hold (c)” rating on shares of Shopify in a report on Monday, December 29th. Piper Sandler started coverage on shares of Shopify in a research note on Thursday, March 12th. They issued an “overweight” rating and a $165.00 price objective on the stock. DZ Bank upgraded shares of Shopify from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 16th. Finally, Robert W. Baird set a $160.00 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 assigned a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Shopify presently has an average rating of “Moderate Buy” and an average price target of $163.38.

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.