Shopify (NASDAQ:SHOP) Stock Acquired Rep. Jonathan L. Jackson

Representative Jonathan L. Jackson (D-Illinois) recently bought shares of Shopify Inc. (NASDAQ:SHOP). In a filing disclosed on November 10th, the Representative disclosed that they had bought between $1,001 and $15,000 in Shopify stock on October 8th. The trade occurred in the Representative’s “MORGAN STANLEY IRA” account.

Representative Jonathan L. Jackson also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of McKesson (NYSE:MCK) on 10/8/2025.
• Purchased $15,001 – $50,000 in shares of Robinhood Markets (NASDAQ:HOOD) on 10/8/2025.
• Purchased $15,001 – $50,000 in shares of Shopify (NASDAQ:SHOP) on 10/6/2025.
• Purchased $1,001 – $15,000 in shares of Robinhood Markets (NASDAQ:HOOD) on 9/5/2025.
• Purchased $1,001 – $15,000 in shares of Tenet Healthcare (NYSE:THC) on 9/3/2025.
• Sold $1,001 – $15,000 in shares of Lam Research (NASDAQ:LRCX) on 9/3/2025.
• Sold $1,001 – $15,000 in shares of ARM (NASDAQ:ARM) on 9/2/2025.
• Purchased $15,001 – $50,000 in shares of Doximity (NASDAQ:DOCS) on 8/25/2025.
• Sold $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 8/13/2025.
• Purchased $1,001 – $15,000 in shares of Lam Research (NASDAQ:LRCX) on 8/13/2025.

Shopify Price Performance

NASDAQ SHOP traded up $4.58 during trading hours on Wednesday, hitting $145.03. 2,342,714 shares of the company’s stock traded hands, compared to its average volume of 9,677,156. The firm’s 50-day moving average is $156.49 and its 200-day moving average is $133.13. Shopify Inc. has a 52-week low of $69.84 and a 52-week high of $182.19. The company has a market capitalization of $188.81 billion, a PE ratio of 107.43, a PEG ratio of 5.17 and a beta of 2.73.

Shopify (NASDAQ:SHOP) (TSE:SHOP) last posted its quarterly earnings results on Tuesday, November 4th. The software maker reported $0.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.24 by $0.03. Shopify had a return on equity of 11.72% and a net margin of 16.65%.The business had revenue of $2.84 billion during the quarter, compared to analyst estimates of $2.75 billion. Shopify has set its Q4 2025 guidance at EPS. Equities research analysts predict that Shopify Inc. will post 1.12 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have recently commented on SHOP shares. Wedbush reiterated an “outperform” rating and set a $185.00 price target (up previously from $160.00) on shares of Shopify in a report on Tuesday, November 4th. Arete reiterated a “neutral” rating on shares of Shopify in a report on Wednesday, July 23rd. UBS Group reissued a “neutral” rating and issued a $165.00 price target (up previously from $145.00) on shares of Shopify in a research note on Wednesday, November 5th. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $181.00 price target (up previously from $156.00) on shares of Shopify in a research report on Wednesday, November 5th. Finally, JMP Securities increased their price objective on Shopify from $135.00 to $185.00 and gave the stock a “market outperform” rating in a research report on Thursday, August 7th. Twenty-two investment analysts have rated the stock with a Buy rating and twenty-four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Shopify currently has an average rating of “Hold” and a consensus target price of $163.89.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the company. Sumitomo Mitsui Trust Group Inc. boosted its stake in Shopify by 4.4% during the 2nd quarter. Sumitomo Mitsui Trust Group Inc. now owns 5,231,257 shares of the software maker’s stock worth $603,425,000 after purchasing an additional 218,829 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of Shopify by 171.3% during the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 423,295 shares of the software maker’s stock worth $48,827,000 after buying an additional 267,271 shares during the period. Oppenheimer Asset Management Inc. grew its holdings in shares of Shopify by 9.6% during the second quarter. Oppenheimer Asset Management Inc. now owns 400,389 shares of the software maker’s stock worth $46,185,000 after buying an additional 35,113 shares during the last quarter. ARK Investment Management LLC increased its position in Shopify by 13.6% in the 2nd quarter. ARK Investment Management LLC now owns 5,049,508 shares of the software maker’s stock valued at $582,461,000 after acquiring an additional 605,283 shares during the period. Finally, Avior Wealth Management LLC raised its stake in Shopify by 32.6% during the 2nd quarter. Avior Wealth Management LLC now owns 13,609 shares of the software maker’s stock valued at $1,570,000 after acquiring an additional 3,347 shares during the last quarter. 69.27% of the stock is currently owned by hedge funds and other institutional investors.

About Representative Jackson

Jonathan Jackson (Democratic Party) is a member of the U.S. House, representing Illinois’ 1st Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Jackson (Democratic Party) is running for re-election to the U.S. House to represent Illinois’ 1st Congressional District. He declared candidacy for the 2026 election.

Jonathan Jackson was born in Chicago, Illinois. Jackson graduated from Whitney Young High School. He earned an M.B.A. from Northwestern University. Jackson’s career experience includes working as an investment analyst and an entrepreneur.

Shopify Company Profile

Shopify Inc, a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, Australia, China, and Latin America. The company’s platform enables merchants to displays, manages, markets, and sells its products through various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and access financing.