Kingswood Wealth Advisors LLC Grows Holdings in Shopify Inc. $SHOP

Kingswood Wealth Advisors LLC lifted its holdings in Shopify Inc. (NASDAQ:SHOP) (TSE:SHOP) by 67.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,712 shares of the software maker’s stock after buying an additional 5,141 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in Shopify were worth $2,046,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SHOP. Jennison Associates LLC grew its position in shares of Shopify by 64.3% in the 3rd quarter. Jennison Associates LLC now owns 18,923,431 shares of the software maker’s stock worth $2,812,211,000 after buying an additional 7,403,821 shares during the period. Select Equity Group L.P. grew its position in shares of Shopify by 92.5% in the 2nd quarter. Select Equity Group L.P. now owns 2,246,473 shares of the software maker’s stock worth $259,124,000 after buying an additional 1,079,494 shares during the period. Massachusetts Financial Services Co. MA grew its position in shares of Shopify by 21.3% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 5,536,825 shares of the software maker’s stock worth $822,828,000 after buying an additional 973,132 shares during the period. Steadfast Capital Management LP purchased a new stake in shares of Shopify in the 3rd quarter worth about $140,930,000. Finally, M&T Bank Corp grew its position in shares of Shopify by 1,232.0% in the 4th quarter. M&T Bank Corp now owns 787,698 shares of the software maker’s stock worth $126,796,000 after buying an additional 728,561 shares during the period. 69.27% of the stock is owned by hedge funds and other institutional investors.

Shopify Stock Performance

Shares of SHOP stock opened at $131.96 on Thursday. Shopify Inc. has a one year low of $88.14 and a one year high of $182.19. The company’s 50-day moving average is $121.62 and its 200 day moving average is $143.62. The company has a market capitalization of $172.09 billion, a price-to-earnings ratio of 141.89, a price-to-earnings-growth ratio of 4.66 and a beta of 2.82.

Wall Street Analysts Forecast Growth

SHOP has been the topic of a number of recent research reports. Wedbush reduced their target price on shares of Shopify from $185.00 to $160.00 and set an “outperform” rating on the stock in a research report on Thursday, February 12th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $175.00 price objective on shares of Shopify in a research report on Thursday, February 12th. Wolfe Research raised shares of Shopify from a “hold” rating to an “outperform” rating in a research report on Tuesday, January 6th. DZ Bank raised shares of Shopify from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 16th. Finally, Scotiabank raised shares of Shopify from a “sector perform” rating to an “outperform” rating and increased their price objective for the company from $165.00 to $200.00 in a research report on Thursday, January 8th. Three research analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat, Shopify presently has an average rating of “Moderate Buy” and a consensus target price of $162.70.

Trending Headlines about Shopify

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: RBC says Shopify’s fiscal Q1 results and Q2 guidance look set to beat consensus based on proprietary data, suggesting upcoming earnings could be a catalyst. Shopify Q1 Results, Q2 Outlook Seen Ahead of Consensus, RBC Says
• Positive Sentiment: CIBC reiterated an Outperform rating with a $185 target and expects Shopify to meet or beat fiscal Q1 results, reinforcing analyst conviction and upside to the stock. Can Shopify Inc. (SHOP) Double in the Next 5 Years?
• Positive Sentiment: Investor write-ups (Nightview Capital) and coverage note that Shopify’s expanding AI capabilities and new tools (like recent AI-driven product launches) add meaningful monetization and retention potential. AI Capabilities Deliver Greater Value to Shopify (SHOP)
• Positive Sentiment: Editorial bulls point to relentless revenue growth (double-digit, multi-quarter streak) and a pullback from recent highs as a buying opportunity for long-term investors. This narrative supports conviction flows into the stock. Why I Can’t Stop Buying SHOPIFY Stock
• Neutral Sentiment: Analyst roundups (Goldman Sachs, Zacks) and market commentaries are highlighting Shopify among top stock reports — supportive for sentiment but not a single decisive catalyst. The Zacks Analyst Blog The Goldman Sachs, NextEra, Shopify, Landmark and ImmuCell
• Negative Sentiment: Options flow showed heavy bearish activity before earnings (large put volumes in May strikes), indicating some traders are hedging or speculating on downside into the report — a potential short-term headwind if volatility spikes. Why Traders Just Made A Big Negative Bet On Shopify (SHOP) Before Earnings

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.