21,111 Shares in Shopify Inc. $SHOP Purchased by Katamaran Capital LLP

Katamaran Capital LLP purchased a new position in shares of Shopify Inc. (NASDAQ:SHOP) (TSE:SHOP) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 21,111 shares of the software maker’s stock, valued at approximately $3,398,000. Shopify comprises approximately 2.6% of Katamaran Capital LLP’s investment portfolio, making the stock its 16th biggest holding.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Twin Peaks Wealth Advisors LLC boosted its holdings in Shopify by 1.7% during the third quarter. Twin Peaks Wealth Advisors LLC now owns 3,448 shares of the software maker’s stock worth $512,000 after purchasing an additional 59 shares during the last quarter. Moloney Securities Asset Management LLC boosted its stake in Shopify by 1.8% in the third quarter. Moloney Securities Asset Management LLC now owns 3,951 shares of the software maker’s stock valued at $587,000 after acquiring an additional 70 shares during the last quarter. Seros Financial LLC boosted its stake in Shopify by 2.7% in the third quarter. Seros Financial LLC now owns 2,856 shares of the software maker’s stock valued at $424,000 after acquiring an additional 75 shares during the last quarter. First Affirmative Financial Network boosted its stake in Shopify by 3.4% in the third quarter. First Affirmative Financial Network now owns 2,275 shares of the software maker’s stock valued at $338,000 after acquiring an additional 75 shares during the last quarter. Finally, TBH Global Asset Management LLC boosted its stake in Shopify by 1.2% in the fourth quarter. TBH Global Asset Management LLC now owns 6,438 shares of the software maker’s stock valued at $1,036,000 after acquiring an additional 75 shares during the last quarter. 69.27% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Shopify

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: Shopify’s Q1 2026 results showed strong revenue growth, robust gross merchandise volume, and continued free-cash-flow strength, reinforcing that the core business is still expanding. Shopify’s Revenue Is Surging, but Stock Falls. Here’s Why It’s a Buying Opportunity.
• Positive Sentiment: Cathie Wood reportedly bought about $32 million of Shopify after the earnings report, which may be seen as a vote of confidence from a high-profile growth investor. Cathie Wood buys $32M of e-commerce goliath after strong earnings
• Positive Sentiment: AI is increasingly being highlighted as a growth driver for Shopify’s merchant tools and platform, supporting the longer-term growth narrative. Shopify’s Revenue Is Surging, but Stock Falls. Here’s Why It’s a Buying Opportunity.
• Neutral Sentiment: Several brokerages adjusted price targets this week, with some lowering targets but others reaffirming bullish views such as RBC’s outperform rating, suggesting expectations remain divided rather than clearly negative. Shopify (NASDAQ:SHOP) Receives Outperform Rating from Royal Bank Of Canada
• Neutral Sentiment: Commentary around unusual options activity and Shopify’s inclusion in high-conviction ETF holdings points to continued investor interest, but not necessarily a near-term catalyst. Unusual Shopify stock options activity signals a unique trade for income and upside
• Negative Sentiment: Recent coverage says Shopify’s valuation remains a near-term headwind, which helps explain why the stock has been sliding despite strong operating results. As Shopify Sinks 14% Following Earnings, Here’s What Barchart Data Says Comes Next for SHOP Stock
• Negative Sentiment: Some investors remain cautious after the earnings report, arguing the stock is still too expensive and that patience may be needed before the shares can recover. MarketBeat Week in Review – 05/04 – 05/08

Shopify Stock Down 0.4%

NASDAQ SHOP opened at $110.00 on Monday. The company’s 50 day moving average is $121.76 and its 200-day moving average is $140.96. The firm has a market cap of $143.45 billion, a P/E ratio of 108.91, a price-to-earnings-growth ratio of 3.11 and a beta of 2.64. Shopify Inc. has a 12-month low of $88.90 and a 12-month high of $182.19.

Shopify (NASDAQ:SHOP) (TSE:SHOP) last posted its earnings results on Tuesday, May 5th. The software maker reported $999.00 earnings per share for the quarter, topping analysts’ consensus estimates of $0.22 by $998.78. The business had revenue of $3.17 billion for the quarter, compared to analyst estimates of $3.08 billion. Shopify had a net margin of 10.77% and a return on equity of 12.07%. Equities analysts expect that Shopify Inc. will post 1.36 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on SHOP shares. TD Securities upgraded shares of Shopify from a “hold” rating to a “buy” rating and set a $159.00 target price on the stock in a research note on Thursday, February 12th. DZ Bank upgraded shares of Shopify from a “hold” rating to a “strong-buy” rating in a research note on Monday, February 16th. Arete Research set a $175.00 target price on shares of Shopify in a research note on Monday, February 2nd. Citizens Jmp lowered their price target on shares of Shopify from $160.00 to $150.00 and set a “market outperform” rating on the stock in a research report on Wednesday, May 6th. Finally, ATB Cormark Capital Markets raised shares of Shopify from a “sector perform” rating to an “outperform” rating in a research report on Tuesday, February 10th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $158.42.

Shopify Company 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.