Shopify (NASDAQ:SHOP) Shares Unloaded Rep. Jonathan L. Jackson

Representative Jonathan L. Jackson (Democratic-Illinois) recently sold shares of Shopify Inc. (NASDAQ:SHOP). In a filing disclosed on March 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in Shopify stock on February 3rd. The trade occurred in the Representative’s “MORGAN STANLEY IRA” account.

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

• Sold $50,001 – $100,000 in shares of International Business Machines (NYSE:IBM) on 2/17/2026.
• Purchased $1,001 – $15,000 in shares of BNY (NYSE:BK) on 2/17/2026.
• Sold $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 2/17/2026.
• Purchased $50,001 – $100,000 in shares of BNY (NYSE:BK) on 2/17/2026.
• Purchased $1,001 – $15,000 in shares of Citigroup (NYSE:C) on 2/11/2026.
• Sold $1,001 – $15,000 in shares of Tenet Healthcare (NYSE:THC) on 2/11/2026.
• Purchased $1,001 – $15,000 in shares of Welltower (NYSE:WELL) on 2/11/2026.
• Sold $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 2/11/2026.
• Purchased $50,001 – $100,000 in shares of Citigroup (NYSE:C) on 2/5/2026.
• Purchased $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 2/5/2026.

Shopify Price Performance

Shares of Shopify stock traded up $0.32 during trading on Monday, hitting $112.17. The company’s stock had a trading volume of 1,915,156 shares, compared to its average volume of 11,690,975. The stock has a market cap of $146.28 billion, a price-to-earnings ratio of 120.61, a price-to-earnings-growth ratio of 3.96 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 stock has a 50-day moving average price of $125.10 and a two-hundred day moving average price of $147.13.

Wall Street Analysts Forecast Growth

SHOP has been the subject of several research analyst reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Shopify in a research note on Friday. Royal Bank Of Canada set a $170.00 target price on Shopify and gave the company an “outperform” rating in a research report on Thursday, February 12th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $175.00 price target on shares of Shopify in a research note on Thursday, February 12th. ATB Cormark Capital Markets raised Shopify from a “sector perform” rating to an “outperform” rating in a research note on Tuesday, February 10th. Finally, DZ Bank raised Shopify from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 16th. Three research analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat.com, Shopify has an average rating of “Moderate Buy” and a consensus target price of $163.38.

Institutional Trading of Shopify

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SHOP. Kingdom Financial Group LLC. purchased a new stake in shares of Shopify during the 4th quarter valued at $26,000. Financial Gravity Companies Inc. purchased a new stake in Shopify during the second quarter worth about $27,000. Rothschild Investment LLC increased its holdings in 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 buying an additional 75 shares during the last quarter. Heartwood Wealth Advisors LLC bought a new stake in Shopify in the third quarter worth about $27,000. Finally, Curio Wealth LLC purchased a new position in Shopify in the fourth quarter valued at about $27,000. 69.27% of the stock is owned by 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.

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.