11,604 Shopify Inc. $SHOP Shares Bought by China Universal Asset Management Co. Ltd.

China Universal Asset Management Co. Ltd. boosted its stake in shares of Shopify Inc. (NASDAQ:SHOP) (TSE:SHOP) by 29.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 51,326 shares of the software maker’s stock after buying an additional 11,604 shares during the quarter. China Universal Asset Management Co. Ltd.’s holdings in Shopify were worth $7,610,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. Swiss National Bank grew its stake in Shopify by 27.0% in the 1st quarter. Swiss National Bank now owns 4,115,300 shares of the software maker’s stock worth $487,580,000 after acquiring an additional 876,100 shares in the last quarter. The Manufacturers Life Insurance Company increased its position in shares of Shopify by 8.5% during the first quarter. The Manufacturers Life Insurance Company now owns 8,418,903 shares of the software maker’s stock worth $998,137,000 after acquiring an additional 660,198 shares during the period. Bank of Nova Scotia increased its position in shares of Shopify by 24.2% during the first quarter. Bank of Nova Scotia now owns 3,196,004 shares of the software maker’s stock worth $379,111,000 after acquiring an additional 621,893 shares during the period. Nykredit A S bought a new stake in shares of Shopify during the second quarter valued at approximately $41,959,000. Finally, HB Wealth Management LLC raised its stake in shares of Shopify by 2,377.7% during the second quarter. HB Wealth Management LLC now owns 282,009 shares of the software maker’s stock valued at $32,200,000 after acquiring an additional 270,627 shares in the last quarter. 69.27% of the stock is owned by hedge funds and other institutional investors.

Shopify Price Performance

Shares of SHOP opened at $166.89 on Friday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 5.35 and a current ratio of 5.35. The company has a 50 day moving average price of $152.57 and a 200-day moving average price of $130.31. Shopify Inc. has a fifty-two week low of $94.00 and a fifty-two week high of $180.88. The stock has a market capitalization of $214.73 billion, a PE ratio of 112.76, a PEG ratio of 3.47 and a beta of 2.62.

Shopify (NASDAQ:SHOP) (TSE:SHOP) last issued its quarterly earnings data on Wednesday, August 5th. The software maker reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.02. The company had revenue of $3.58 billion for the quarter. Shopify had a net margin of 14.53% and a return on equity of 12.58%. The business’s quarterly revenue was up 33.7% compared to the same quarter last year. During the same period in the previous year, the business earned $0.69 earnings per share. Equities analysts predict that Shopify Inc. will post 1.46 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Mizuho set a $180.00 price target on Shopify in a report on Thursday, September 24th. RBC Dominion Securities set a $200.00 price objective on Shopify and gave the stock an “outperform” rating in a report on Friday, October 23rd. UBS Group reaffirmed a “neutral” rating and set a $145.00 target price (up from $130.00) on shares of Shopify in a research report on Thursday, August 6th. Piper Sandler reiterated an “overweight” rating on shares of Shopify in a report on Monday, October 5th. Finally, Wells Fargo & Company reiterated an “overweight” rating and issued a $180.00 target price (up from $144.00) on shares of Shopify in a report on Friday, August 7th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-six have assigned a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $177.79.

Key Shopify News

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: Expanded AI and commerce ecosystem: Shopify is broadening access to AI agents, while Condé Nast is bringing curated product collections from brands including Vogue and GQ to the Shop app. These initiatives could increase merchant and consumer engagement and support transaction growth. NCR Voyix Scoops up Bruster’s; Shopify Broadens AI Agent Access Condé Nast brings product picks to Shop app
• Positive Sentiment: Merchant retention remains a strength: Shopify reportedly retains 97% of merchants that reach $10 million in annual gross merchandise volume, supporting recurring revenue and longer-term growth despite competition from Adobe and Commerce.com. Can Shopify’s Strong Merchant Retention Sustain Revenue Growth?
• Positive Sentiment: Strong competitive positioning in point-of-sale: Javelin Strategy & Research named Shopify POS an Overall Leader in its 2026 small-business POS scorecard, reinforcing the company’s position beyond its core online storefront business. 2026 Small Business Point-of-Sale System Scorecard
• Positive Sentiment: Shopify Ventures participation in Whop’s financing round highlights continued investment in emerging commerce and technology platforms, although the direct financial impact on Shopify is likely limited. Whop’s Valuation Triples
• Neutral Sentiment: Pre-earnings positioning is driving attention: Analysts are focused on third-quarter revenue, merchant solutions, gross merchandise volume, operating margins and holiday-quarter guidance. The stock’s recent uptrend has also prompted bullish options strategies, but the outcome depends on whether results exceed elevated expectations. Shopify Q3 Earnings Preview
• Negative Sentiment: AI investment could pressure profitability: Coverage warns that Shopify’s rapid sales growth is accompanied by higher AI infrastructure and development expenses. Investors want evidence that AI-driven growth will translate into sustainable margin expansion rather than offsetting earnings gains. Shopify’s Booming Sales Come With a Costly Catch

Shopify Company Profile

Shopify Inc is a commerce technology company that provides tools for businesses of various sizes to start, operate and grow online and in physical retail environments. Its platform supports online storefronts, product and inventory management, order processing, marketing, analytics and customer engagement.

The company offers subscription-based plans and merchant solutions, including Shopify Payments, Shopify POS, Shopify Capital and tools for shipping, checkout and fulfillment. Shopify also supports sales through multiple channels, such as merchants’ own websites, mobile devices, social media and third-party marketplaces.

Shopify was founded in 2006 by Tobias Lütke, Daniel Weinand and Scott Lake after the founders developed an online store for snowboarding equipment.