Louisbourg Investments Inc. Reduces Holdings in Shopify Inc. $SHOP

Louisbourg Investments Inc. lowered its stake in shares of Shopify Inc. (NASDAQ:SHOP) (TSE:SHOP) by 34.1% in the fourth quarter, Holdings Channel reports. The institutional investor owned 66,870 shares of the software maker’s stock after selling 34,576 shares during the period. Shopify accounts for approximately 2.0% of Louisbourg Investments Inc.’s holdings, making the stock its 7th biggest position. Louisbourg Investments Inc.’s holdings in Shopify were worth $10,782,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Knights of Columbus Asset Advisors LLC bought a new stake in shares of Shopify during the third quarter valued at approximately $4,110,000. Principal Financial Group Inc. lifted its position in Shopify by 16.3% in the third quarter. Principal Financial Group Inc. now owns 450,895 shares of the software maker’s stock worth $67,006,000 after purchasing an additional 63,300 shares during the period. Triton Financial Group Inc bought a new position in Shopify in the third quarter worth $1,931,000. IQ EQ FUND MANAGEMENT IRELAND Ltd boosted its stake in Shopify by 65.5% during the third quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 158,514 shares of the software maker’s stock worth $23,557,000 after buying an additional 62,743 shares in the last quarter. Finally, TriaGen Wealth Management LLC acquired a new stake in Shopify during the third quarter worth $2,562,000. Institutional investors own 69.27% of the company’s stock.

Shopify Stock Performance

Shares of NASDAQ:SHOP opened at $118.25 on Friday. The company’s fifty day moving average is $122.91 and its 200-day moving average is $146.33. 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 $154.21 billion, a PE ratio of 127.15, a P/E/G ratio of 4.20 and a beta of 2.82.

Analyst Ratings Changes

SHOP has been the subject of a number of recent research reports. Bank of America increased their price objective on shares of Shopify from $185.00 to $190.00 and gave the company a “buy” rating in a research note on Wednesday, December 17th. Canaccord Genuity Group set a $165.00 target price on shares of Shopify and gave the company a “buy” rating in a research report on Thursday, February 12th. Scotiabank raised shares of Shopify from a “sector perform” rating to an “outperform” rating and increased their price target for the stock from $165.00 to $200.00 in a research report on Thursday, January 8th. TD Cowen upgraded shares of Shopify from a “hold” rating to a “buy” rating and set a $159.00 price target for the company in a research note on Wednesday, February 11th. Finally, DZ Bank raised Shopify from a “hold” rating to a “strong-buy” rating in a report on Monday, February 16th. Three analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $163.38.

Shopify News Summary

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: Strong Q2 results and AI push — Shopify reported ~30.6% revenue growth, accelerating merchant solutions and Shop Pay performance, expanding free cash flow, and is rolling out AI commerce tools and a tighter partner model that could deepen merchant engagement and revenue per customer. AI Commerce Push And Strong Q2 Results Could Be A Game Changer For Shopify (SHOP)
• Positive Sentiment: Analyst bullishness on steady growth — Oppenheimer and other coverage highlight that longtime customers are spending more and that Shopify’s revenue base should expand steadily over coming years, supporting the growth narrative. Shopify Seen Growing Steadily as Longtime Customers Spend More, Oppenheimer Says
• Positive Sentiment: Industry recognition of Q4 execution — recent writeups rate Shopify as a top e‑commerce software performer in Q4, reinforcing that its product and merchant metrics remain competitive versus peers. E-commerce Software Q4 Earnings: Shopify (NASDAQ:SHOP) is the Best in the Biz
• Positive Sentiment: Third‑party AI tools broaden the funnel — Sell The Trend launched an AI‑powered Shopify store builder to get entrepreneurs live quickly, which can increase new merchant acquisition and strengthen the Shopify app/partner ecosystem. Sell The Trend Launches AI-Powered Shopify Store Builder to Help Entrepreneurs Go Live in Minutes
• Positive Sentiment: Buy‑the‑dip narrative — market commentary suggests growth names like Shopify are attractive to contrarian buyers amid the Nasdaq correction, which could support demand if sentiment stabilizes. Nasdaq Correction: 2 Outstanding Growth Stocks to Buy on the Dip
• Neutral Sentiment: Analyst roundup shows mixed momentum — Zacks’ research roundup pairs Shopify with other names showing both strengths and areas to monitor, indicating consensus recognition of progress but some caution on near‑term catalysts. The Zacks Analyst Blog American Express, Intuitive Surgical, Shopify and Utah Medical Products
• Neutral Sentiment: Third‑party critiques and comparisons exist but aren’t clearly material — a critical analysis piece mentions Shopify alongside other small‑cap coverage, but it doesn’t present new company‑specific negatives likely to move the stock on its own. iCoreConnect (NASDAQ:ICCT) & Shopify (NASDAQ:SHOP) Critical Analysis

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.