11,803 Shares in Shopify Inc. $SHOP Acquired by Kopp Family Office LLC

Kopp Family Office LLC purchased a new position in Shopify Inc. (NASDAQ:SHOP) (TSE:SHOP) during the 2nd quarter, HoldingsChannel.com reports. The firm purchased 11,803 shares of the software maker’s stock, valued at approximately $1,348,000. Shopify makes up about 0.8% of Kopp Family Office LLC’s holdings, making the stock its 17th biggest holding.

Several other institutional investors also recently modified their holdings of the stock. Kingdom Financial Group LLC. purchased a new stake in shares of Shopify during the fourth quarter valued at $26,000. Curio Wealth LLC purchased a new position in Shopify in the 4th quarter worth about $27,000. Evolution Wealth Management Inc. increased its stake in Shopify by 203.9% in the 1st quarter. Evolution Wealth Management Inc. now owns 231 shares of the software maker’s stock worth $27,000 after purchasing an additional 155 shares in the last quarter. Graney & King LLC acquired a new stake in Shopify during the 1st quarter worth about $27,000. Finally, Mowery & Schoenfeld Wealth Management LLC acquired a new stake in Shopify during the 4th quarter worth about $29,000. Institutional investors own 69.27% of the company’s stock.

Shopify Stock Performance

SHOP stock opened at $155.18 on Tuesday. The firm has a 50 day simple moving average of $119.91 and a 200 day simple moving average of $119.63. Shopify Inc. has a 52 week low of $94.00 and a 52 week high of $182.19. The stock has a market cap of $201.37 billion, a P/E ratio of 104.85, a P/E/G ratio of 3.21 and a beta of 2.58. The company has a debt-to-equity ratio of 0.01, a quick ratio of 5.35 and a current ratio of 5.35.

Shopify (NASDAQ:SHOP) (TSE:SHOP) last released its quarterly earnings data 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. Shopify had a net margin of 14.53% and a return on equity of 12.58%. The firm had revenue of $3.58 billion for the quarter. During the same quarter in the prior year, the company posted $0.69 EPS. The firm’s quarterly revenue was up 33.7% compared to the same quarter last year. Research analysts anticipate that Shopify Inc. will post 1.4 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have commented on SHOP. UBS Group reiterated a “neutral” rating and issued a $145.00 target price (up from $130.00) on shares of Shopify in a report on Thursday. Citizens Jmp boosted their price target on shares of Shopify from $150.00 to $185.00 and gave the company a “market outperform” rating in a report on Thursday, August 6th. BTIG Research initiated coverage on shares of Shopify in a report on Friday, July 10th. They set a “buy” rating on the stock. National Bank Financial restated an “outperform” rating and issued a $180.00 price target (up from $155.00) on shares of Shopify in a research report on Wednesday, August 5th. Finally, Benchmark raised their price objective on shares of Shopify from $145.00 to $170.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. Three analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $170.72.

More Shopify News

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: Recent commentary highlights Shopify’s strong underlying momentum, including rising sales and free cash flow, solid gross-merchandise-volume growth and margin expansion. Analysts and commentators argue that Merchant Solutions, Shopify Magic and Sidekick could support continued growth. Why Shopify Stock Soared This Week Shopify: The Next Era of E-Commerce
• Positive Sentiment: AI-enabled “agentic commerce” is viewed as a significant long-term opportunity, with Shopify positioned to help merchants automate online retail workflows and transactions. This narrative is supporting the stock’s growth premium. Why Shopify Stock Could Be the Biggest Winner in Agentic AI Commerce
• Positive Sentiment: Zacks recently identified Shopify as a stock to watch because of its earnings growth and price strength. The company also beat the latest quarterly EPS estimate, while revenue increased 33.7% year over year. Earnings Growth and Price Strength Make Shopify a Stock to Watch
• Positive Sentiment: Several analysts raised Shopify price targets to between $165 and $196, reinforcing bullish sentiment and suggesting additional upside in some forecasts. Shopify Price Target Raised
• Neutral Sentiment: Shopify’s partner ecosystem reportedly supports approximately 1.5 million jobs worldwide, underscoring the platform’s broad economic reach and merchant-network effects, though the figure does not directly change near-term earnings. Shopify’s Partner Ecosystem Thrives
• Negative Sentiment: Legal scrutiny of embedded checkout technology and privacy practices introduces regulatory and litigation risk. Adverse findings could increase compliance costs or affect how Shopify and merchants use tracking and checkout tools. Embedded Tech, Real Privacy Risk

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.