Shopify Inc. $SHOP Shares Newly Acquired by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. acquired a new position in Shopify Inc. (NASDAQ:SHOP) (TSE:SHOP) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 692,862 shares of the software maker’s stock, valued at approximately $102,751,000.

A number of other large investors have also recently made changes to their positions in the stock. Fortitude Family Office LLC bought a new position in shares of Shopify during the 3rd quarter valued at approximately $29,000. MADDEN SECURITIES Corp purchased a new stake in Shopify in the 3rd quarter worth approximately $30,000. Laurel Wealth Advisors LLC purchased a new stake in Shopify in the 3rd quarter worth approximately $32,000. Graney & King LLC bought a new stake in Shopify during the 1st quarter worth approximately $27,000. Finally, Evolution Wealth Management Inc. raised its stake in Shopify by 203.9% during the 1st quarter. Evolution Wealth Management Inc. now owns 231 shares of the software maker’s stock worth $27,000 after acquiring an additional 155 shares during the period. 69.27% of the stock is owned by hedge funds and other institutional investors.

Shopify Stock Down 5.6%

NASDAQ SHOP opened at $157.49 on Friday. The stock’s 50 day moving average is $152.78 and its 200 day moving average is $130.26. 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 Inc. has a 12 month low of $94.00 and a 12 month high of $180.88. The stock has a market cap of $202.63 billion, a PE ratio of 106.41, a P/E/G ratio of 3.25 and a beta of 2.62.

Shopify (NASDAQ:SHOP) (TSE:SHOP) last posted its quarterly earnings results on Wednesday, August 5th. The software maker reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.02. Shopify had a return on equity of 12.58% and a net margin of 14.53%. The business had revenue of $3.58 billion during the quarter. During the same quarter in the previous year, the company earned $0.69 earnings per share. The company’s revenue for the quarter was up 33.7% compared to the same quarter last year. Research analysts predict that Shopify Inc. will post 1.46 EPS for the current fiscal year.

More Shopify News

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: Condé Nast is bringing curated product selections from Vogue, GQ and other brands to Shopify’s Shop app. The partnership could increase consumer engagement, product discovery and transaction volume. Condé Nast brings product picks to Shop app
• Positive Sentiment: Shopify is broadening access to AI agents that can support commerce activity, while third-party platforms such as DRINKS are using Shopify technology to enable multi-supplier digital alcohol sales. These developments support Shopify’s positioning in AI-enabled commerce. NCR Voyix Scoops up Bruster’s; Shopify Broadens AI Agent Access
• Positive Sentiment: Shopify POS was named an overall leader in a 2026 small-business point-of-sale scorecard, reinforcing the company’s competitive position beyond its core online-store platform. 2026 Small Business POS System Scorecard
• Positive Sentiment: Analysis highlights a reported 97% retention rate among merchants that reach $10 million in annual gross merchandise volume, supporting recurring revenue and expansion potential despite competition from Adobe and Commerce.com. Can Shopify’s Strong Merchant Retention Sustain Revenue Growth?
• Neutral Sentiment: Heavy investor searches and a bullish options strategy indicate heightened attention and an optimistic trading bias, but neither provides evidence of improved fundamentals. Investors Heavily Search Shopify
• Negative Sentiment: Pre-earnings coverage warns that Shopify’s strong sales growth may be offset by higher AI investment and margin pressure. With the stock trading at a premium valuation, investors may be demanding continued earnings and profit improvement. Shopify’s Booming Sales Come With a Costly Catch

Analyst Upgrades and Downgrades

SHOP has been the topic of several analyst reports. Cantor Fitzgerald lifted their price target on shares of Shopify from $145.00 to $158.00 and gave the company a “neutral” rating in a report on Monday, October 12th. Evercore reissued an “outperform” rating and issued a $175.00 price objective (up from $135.00) on shares of Shopify in a research note on Wednesday, August 5th. Barclays set a $145.00 target price on shares of Shopify and gave the company an “equal weight” rating in a research note on Thursday, August 6th. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Shopify from $175.00 to $185.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Finally, The Goldman Sachs Group upped their target price on shares of Shopify from $170.00 to $194.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-six have given a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $177.79.

Shopify Profile

Shopify Inc is a commerce technology company that provides tools for businesses of various sizes to start, operate and grow online and in physical retail environments. Its platform supports online storefronts, product and inventory management, order processing, marketing, analytics and customer engagement.

The company offers subscription-based plans and merchant solutions, including Shopify Payments, Shopify POS, Shopify Capital and tools for shipping, checkout and fulfillment. Shopify also supports sales through multiple channels, such as merchants’ own websites, mobile devices, social media and third-party marketplaces.

Shopify was founded in 2006 by Tobias Lütke, Daniel Weinand and Scott Lake after the founders developed an online store for snowboarding equipment.