Shopify Inc. $SHOP Shares Acquired by US Bancorp DE

US Bancorp DE lifted its stake in shares of Shopify Inc. (NASDAQ:SHOP) (TSE:SHOP) by 29.8% in the fourth quarter, Holdings Channel reports. The institutional investor owned 86,444 shares of the software maker’s stock after buying an additional 19,857 shares during the quarter. US Bancorp DE’s holdings in Shopify were worth $13,915,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Mowery & Schoenfeld Wealth Management LLC bought a new position in Shopify during the fourth quarter worth $29,000. Lodestone Wealth Management LLC bought a new position in Shopify during the fourth quarter worth $31,000. Sound Income Strategies LLC lifted its stake 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 during the last quarter. JPL Wealth Management LLC bought a new position in Shopify during the third quarter worth $32,000. Finally, Caitlin John LLC acquired a new stake in Shopify in the third quarter worth $36,000. Institutional investors and hedge funds own 69.27% of the company’s stock.

Shopify Trading Up 5.4%

Shares of Shopify stock opened at $127.67 on Friday. The company’s 50-day moving average price is $122.49 and its two-hundred day moving average price is $142.07. Shopify Inc. has a 52 week low of $88.14 and a 52 week high of $182.19. The stock has a market cap of $166.50 billion, a PE ratio of 137.28, a price-to-earnings-growth ratio of 4.54 and a beta of 2.64.

Key Stories Impacting Shopify

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: Shopify is positioning itself at the center of “agentic commerce,” enabling merchants to sell through ChatGPT, Gemini and Copilot while building an AI-powered checkout/payments backbone — a narrative that supports long-term revenue and take-rate expansion. META vs. SHOP: Which Stock Leads the AI Commerce Revolution?
• Positive Sentiment: Analysts’ consensus target (~$162.70) sits well above the current market price, implying meaningful upside and helping lift sentiment among growth investors. Shopify Inc. (NASDAQ:SHOP) Receives $162.70 Consensus Target Price from Analysts
• Positive Sentiment: Shopify is actively pursuing money-transmitter licenses and other regulatory approvals to expand its fintech and payment offerings, which could boost margins and recurring revenue over time if approved. Shopify Seeks Regulators’ OK to Become Money Transmitter
• Positive Sentiment: Third-party partners are launching Shopify-focused AI tools (e.g., Bloomreach’s Loomi) that enhance personalization and conversion — ecosystem momentum that can amplify merchant success on the platform. Bloomreach Launches Loomi AI for Shopify
• Neutral Sentiment: Smaller integrations (e.g., reAlpha/AiChat conversational commerce) and stories about merchant use cases (vinyl sellers) highlight ecosystem activity but are unlikely to move the stock materially by themselves. reAlpha Announces AiChat Launch of Shopify Conversational Commerce Integration
• Neutral Sentiment: Articles digging into Q1 metrics and bullish retail write-ups provide detail and varied perspectives; they inform investor models but don’t change the core bull/bear case by themselves. Exploring Analyst Estimates for Shopify (SHOP) Q1 Earnings
• Negative Sentiment: An analyst who earlier issued the lone sell rating says it’s still too soon to buy after the selloff, reminding investors that valuation and execution risks remain and keeping some downside pressure on sentiment. Shopify Analyst Who Saw Selloff Coming Says It’s Too Soon to Buy
• Negative Sentiment: A reported service outage drew short-term attention to reliability risks for merchants; operational hiccups can dent near-term confidence if they recur. Is Shopify down? Shopify status after morning outage

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. Needham & Company LLC reissued a “buy” rating and set a $180.00 price target on shares of Shopify in a report on Thursday, February 12th. Royal Bank Of Canada set a $170.00 price target on shares of Shopify and gave the company an “outperform” rating in a report on Thursday, February 12th. Moffett Nathanson raised shares of Shopify from a “neutral” rating to a “buy” rating and set a $150.00 price target for the company in a report on Monday, February 9th. Jefferies Financial Group boosted their price target on shares of Shopify from $125.00 to $150.00 and gave the company a “hold” rating in a report on Monday, March 9th. Finally, Truist Financial set a $150.00 price target on shares of Shopify and gave the company a “buy” rating in a report on Tuesday, February 17th. Three research analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat.com, Shopify presently has a consensus rating of “Moderate Buy” and an average target price of $162.46.

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.