Shopify Inc. $SHOP Shares Bought by Andra AP fonden

Andra AP fonden raised its position in Shopify Inc. (NASDAQ:SHOP) (TSE:SHOP) by 50.3% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 278,312 shares of the software maker’s stock after buying an additional 93,100 shares during the period. Andra AP fonden’s holdings in Shopify were worth $31,778,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of SHOP. Norges Bank purchased a new position in shares of Shopify in the 4th quarter valued at about $2,611,797,000. Sands Capital Management LLC raised its stake in shares of Shopify by 37.0% during the 4th quarter. Sands Capital Management LLC now owns 9,506,036 shares of the software maker’s stock worth $1,530,187,000 after buying an additional 2,568,765 shares during the period. Invesco Ltd. lifted its position in shares of Shopify by 9.8% during the 4th quarter. Invesco Ltd. now owns 14,026,193 shares of the software maker’s stock valued at $2,257,796,000 after buying an additional 1,252,074 shares in the last quarter. Vaughan Nelson Investment Management L.P. acquired a new stake in Shopify in the 1st quarter valued at $119,303,000. Finally, 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 valued at $487,580,000 after acquiring an additional 876,100 shares during the period. 69.27% of the stock is owned by hedge funds and other institutional investors.

Shopify Trading Up 7.8%

Shopify stock traded up $10.69 during midday trading on Tuesday, hitting $148.61. 15,406,298 shares of the stock were exchanged, compared to its average volume of 10,443,671. Shopify Inc. has a fifty-two week low of $94.00 and a fifty-two week high of $182.19. The stock has a market capitalization of $191.21 billion, a price-to-earnings ratio of 100.41, a PEG ratio of 2.61 and a beta of 2.61. The stock’s 50-day simple moving average is $136.79 and its 200 day simple moving average is $123.63. The company has a current ratio of 5.35, a quick ratio of 5.35 and a debt-to-equity ratio of 0.01.

Shopify (NASDAQ:SHOP) (TSE:SHOP) last posted its earnings results on Wednesday, August 5th. The software maker reported $0.42 earnings per share 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 revenue for the quarter was up 33.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.69 earnings per share. On average, equities analysts anticipate that Shopify Inc. will post 1.46 EPS for the current year.

Wall Street Analyst Weigh In

SHOP has been the subject of a number of research analyst reports. Weiss Ratings upgraded shares of Shopify from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, August 17th. Phillip Securities downgraded Shopify from a “strong-buy” rating to a “moderate buy” rating in a research report on Monday, August 17th. Citigroup reiterated an “outperform” rating on shares of Shopify in a research report on Thursday, August 6th. Benchmark upped their target price on shares of Shopify from $145.00 to $170.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. Finally, Susquehanna assumed coverage on shares of Shopify in a research report on Friday, July 10th. They set a “neutral” rating on the stock. Two investment analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $171.34.

More Shopify News

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: Meta partnership expands Shopify’s reach in AI-powered commerce. Muse can browse Shopify-powered stores and complete purchases through Shop Pay, potentially directing additional traffic and transactions to Shopify merchants while reinforcing Shop Pay as a standard for agentic checkout. Shopify Stock Rallies on Checkout Partnership With Meta’s New Muse AI Agent
• Positive Sentiment: Shopify’s strategy contrasts favorably with Amazon’s decision to block Muse. Investors appear to believe Shopify could benefit if consumers increasingly use AI agents to discover products and transact across independent online stores, rather than being confined to large marketplaces. Amazon and Shopify make starkly different moves in the brewing battle over AI shopping
• Positive Sentiment: Investor positioning reflected growing optimism. Trading in Shopify call options was unusually active, with more than 100,000 contracts purchased—over twice typical volume—indicating increased bullish interest, although options activity is not a guarantee of future performance.
• Neutral Sentiment: The arrangement may also increase Shopify’s exposure to Meta. The agreement could improve merchant conversion, but Shopify may become more dependent on Meta’s ability to attract users and successfully develop Muse as a shopping channel. Shopify to Use Meta’s Muse for Agentic Checkout
• Neutral Sentiment: Additional adoption signals came from business customers. MSG91 highlighted Shopify’s checkout solution as it expanded into e-commerce and supported direct-to-consumer brands, providing incremental evidence of continued interest in Shopify’s checkout infrastructure. MSG91 expands into e-commerce

About Shopify

Shopify Inc (NASDAQ:SHOP) is a commerce technology company that provides tools for businesses of various sizes to start, operate and grow retail operations. Its platform enables merchants to create and manage online stores, sell through social media and other digital channels, and support in-person sales through Shopify’s point-of-sale solutions.

Shopify’s products and services include online storefront and website-building tools, payment processing through Shopify Payments, point-of-sale hardware and software, inventory and order management, shipping and fulfillment tools, marketing features, analytics, and financing services for eligible merchants.