Shopify Inc. $SHOP Shares Acquired by Nomura Asset Management Co. Ltd.

Nomura Asset Management Co. Ltd. increased its position in shares of Shopify Inc. (NASDAQ:SHOP) (TSE:SHOP) by 6.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 91,411 shares of the software maker’s stock after purchasing an additional 5,815 shares during the period. Nomura Asset Management Co. Ltd.’s holdings in Shopify were worth $14,714,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Kingdom Financial Group LLC. bought a new stake in Shopify during the fourth quarter worth approximately $26,000. Mowery & Schoenfeld Wealth Management LLC bought a new stake in Shopify during the fourth quarter worth approximately $29,000. Lloyd Advisory Services LLC. bought a new stake in Shopify during the fourth quarter worth approximately $31,000. Lodestone Wealth Management LLC bought a new stake in Shopify during the fourth quarter worth approximately $31,000. Finally, Sound Income Strategies LLC raised its holdings in Shopify by 82.4% during the fourth quarter. Sound Income Strategies LLC now owns 197 shares of the software maker’s stock worth $31,000 after purchasing an additional 89 shares in the last quarter. Institutional investors own 69.27% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. Evercore set a $135.00 target price on Shopify in a report on Wednesday, February 11th. Mizuho raised Shopify from a “neutral” rating to an “outperform” rating and set a $150.00 target price on the stock in a report on Thursday, February 12th. Canaccord Genuity Group dropped their target price on Shopify from $165.00 to $145.00 and set a “buy” rating on the stock in a report on Wednesday, May 6th. National Bank Financial dropped their target price on Shopify from $200.00 to $155.00 and set an “outperform” rating on the stock in a report on Wednesday, May 27th. Finally, ATB Cormark Capital Markets raised Shopify from a “sector perform” rating to an “outperform” rating in a report on Tuesday, February 10th. Two investment 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 stock. According to MarketBeat, Shopify has an average rating of “Moderate Buy” and an average target price of $157.17.

Key Stories Impacting Shopify

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: Shopify authorized an additional $3 billion for share repurchases, increasing total buyback capacity to $5 billion. Buybacks can boost shareholder value by reducing share count and often signal strong free cash flow and confidence in future performance. Article Title
• Positive Sentiment: Recent commentary highlighted improving fundamentals, including expanding margins, accelerating gross merchandise volume, and deeper AI integration across Shopify’s platform, which supports the long-term growth narrative for SHOP. Article Title
• Positive Sentiment: Another note pointed to strong investor interest, with Zacks saying Shopify is a “trending stock,” suggesting the name remains heavily watched by traders looking for a catalyst. Article Title
• Neutral Sentiment: Articles about Shopify Plus enterprise features and Reddit’s expanded Shopify partnership are supportive of the ecosystem, but they do not appear to be direct stock-moving catalysts today. Article Title Article Title
• Negative Sentiment: One article raised concern that higher large language model costs could pressure Subscription Solutions margins even as Shopify’s AI assistant Sidekick grows quickly, which could temper enthusiasm around AI investments if costs keep rising. Article Title

Shopify Stock Performance

NASDAQ SHOP opened at $124.12 on Wednesday. The stock has a market capitalization of $161.07 billion, a P/E ratio of 122.89, a P/E/G ratio of 3.48 and a beta of 2.60. Shopify Inc. has a 1 year low of $94.00 and a 1 year high of $182.19. The business’s fifty day moving average is $114.75 and its two-hundred day moving average is $133.64.

Shopify (NASDAQ:SHOP) (TSE:SHOP) last posted 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. The company had revenue of $3.17 billion for the quarter, compared to analysts’ expectations of $3.08 billion. Shopify had a return on equity of 12.07% and a net margin of 10.77%. On average, research analysts forecast that Shopify Inc. will post 1.36 earnings per share for the current year.

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.