Danske Bank A S Has $1.87 Million Holdings in Shopify Inc. $SHOP

Danske Bank A S raised its stake in Shopify Inc. (NASDAQ:SHOP) (TSE:SHOP) by 129.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,621 shares of the software maker’s stock after purchasing an additional 6,558 shares during the period. Danske Bank A S’s holdings in Shopify were worth $1,874,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Jennison Associates LLC raised its position in shares of Shopify by 64.3% during the third quarter. Jennison Associates LLC now owns 18,923,431 shares of the software maker’s stock valued at $2,812,211,000 after buying an additional 7,403,821 shares during the last quarter. Select Equity Group L.P. increased its stake in Shopify by 92.5% during the second quarter. Select Equity Group L.P. now owns 2,246,473 shares of the software maker’s stock valued at $259,124,000 after acquiring an additional 1,079,494 shares during the period. Massachusetts Financial Services Co. MA raised its holdings in Shopify by 21.3% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 5,536,825 shares of the software maker’s stock valued at $822,828,000 after acquiring an additional 973,132 shares in the last quarter. Steadfast Capital Management LP acquired a new position in Shopify in the 3rd quarter valued at approximately $140,930,000. Finally, Vanguard Group Inc. lifted its position in shares of Shopify by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 50,670,627 shares of the software maker’s stock worth $8,158,643,000 after acquiring an additional 743,803 shares during the period. 69.27% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on SHOP. Scotiabank upgraded Shopify from a “sector perform” rating to an “outperform” rating and boosted their price objective for the company from $165.00 to $200.00 in a research report on Thursday, January 8th. Benchmark decreased their price target on shares of Shopify from $195.00 to $145.00 and set a “buy” rating on the stock in a research note on Tuesday, February 10th. Weiss Ratings reissued a “hold (c)” rating on shares of Shopify in a report on Friday, March 27th. BMO Capital Markets set a $160.00 price objective on shares of Shopify in a research note 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 report on Thursday, February 12th. Two analysts have rated the stock with a Strong Buy rating, thirty-two have given a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $163.50.

Trending Headlines about Shopify

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: Q1 beat — Shopify reported strong top‑line results (about 34% revenue growth) and an earnings beat, plus management highlighted GMV momentum. These results confirm ongoing demand on the platform and validate monetization levers. GlobeNewswire: Shopify Delivers Again
• Positive Sentiment: AI/commerce tailwinds — Management said AI-driven traffic and orders jumped materially (AI traffic grew ~8x Y/Y; AI-driven orders rose sharply), reinforcing Shopify’s advantage integrating new selling channels. PYMNTS: AI Drove Orders on Shopify Up 13 Times
• Positive Sentiment: Analyst support — Needham reaffirmed a “buy” rating and keeps a $180 price target, signaling some analysts view the pullback as an opportunity. Benzinga: Needham Reaffirms Buy
• Neutral Sentiment: Guidance mixed/in‑line — Shopify provided Q2 revenue guidance roughly in line with consensus ($3.4B–$3.5B) but the company signaled a deceleration versus recent growth rates; that leaves room for upside if execution improves but reduces near‑term certainty. Yahoo Finance: Q1 Earnings Call Summary
• Negative Sentiment: Profitability and operating outlook disappointed — despite revenue strength, Shopify missed on operating profit expectations and reported a sizeable (though narrowed) loss; margin/headcount/cost commentary signaled rising near‑term expenses that hurt investor sentiment. WSJ: Loss Narrows as Revenue Climbs
• Negative Sentiment: Market reaction — Traders focused on the softer forward commentary and growth slowdown risk, driving heavy selling and a sharp intraday drop; analysts and commentators highlighted uncertainty around future sales drivers despite the beat. Globe and Mail: Shares Dive on Softened Outlook
• Negative Sentiment: Market commentary / video breakdowns emphasize guidance risk — Analysts and market commentators (including post‑earnings video coverage) said the beat wasn’t enough to offset concerns about slowing revenue growth and margin pressure, which amplified the selloff. YouTube: SHOP Drops After Earnings Beat

Shopify Stock Down 16.3%

Shares of SHOP stock opened at $106.78 on Wednesday. Shopify Inc. has a 12-month low of $88.14 and a 12-month high of $182.19. The company has a market capitalization of $139.25 billion, a P/E ratio of 114.82, a P/E/G ratio of 4.53 and a beta of 2.64. The firm has a 50-day moving average price of $122.10 and a 200 day moving average price of $141.64.

Shopify (NASDAQ:SHOP) (TSE:SHOP) last announced its quarterly earnings results on Tuesday, May 5th. The software maker reported $999.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $998.78. Shopify had a net margin of 10.65% and a return on equity of 11.52%. As a group, research analysts expect that Shopify Inc. will post 1.36 earnings per share for the current year.

Shopify 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.