Mirabella Financial Services LLP Raises Stake in Shopify Inc. $SHOP

Mirabella Financial Services LLP raised its holdings in Shopify Inc. (NASDAQ:SHOP) (TSE:SHOP) by 117.1% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 22,103 shares of the software maker’s stock after purchasing an additional 11,920 shares during the quarter. Mirabella Financial Services LLP’s holdings in Shopify were worth $3,279,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Heartwood Wealth Advisors LLC purchased a new position in shares of Shopify during the third quarter worth about $27,000. JPL Wealth Management LLC purchased a new position in shares of Shopify in the 3rd quarter valued at approximately $32,000. Rothschild Investment LLC raised its stake in shares of Shopify by 47.5% during the second 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 stake in shares of Shopify during the third quarter worth $36,000. Finally, Estabrook Capital Management purchased a new position in Shopify in the 2nd quarter valued at $29,000. 69.27% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on SHOP. Arete Research set a $175.00 price objective on shares of Shopify in a research report on Monday, February 2nd. BNP Paribas Exane began coverage on shares of Shopify in a report on Monday, November 24th. They issued a “neutral” rating on the stock. TD Securities upgraded shares of Shopify from a “hold” rating to a “buy” rating and set a $159.00 price target on the stock in a research note on Thursday, February 12th. Canaccord Genuity Group set a $165.00 price target on shares of Shopify and gave the stock a “buy” rating in a report on Thursday, February 12th. Finally, UBS Group reduced their price objective on shares of Shopify from $165.00 to $145.00 and set a “neutral” rating for the company in a research report on Thursday, February 12th. Three equities research 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, the company currently has a consensus rating of “Moderate Buy” and an average price target of $163.38.

Shopify Stock Down 3.2%

Shares of NASDAQ SHOP opened at $123.75 on Thursday. The stock has a market capitalization of $161.38 billion, a price-to-earnings ratio of 133.06, a price-to-earnings-growth ratio of 4.59 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 firm has a 50-day moving average price of $131.45 and a 200 day moving average price of $148.36.

Key Stories Impacting 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 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.