Capital Research Global Investors Decreases Stake in Shopify Inc. $SHOP

Posted by Brenda Bartman on Jun 8th, 2026

Capital Research Global Investors reduced its stake in Shopify Inc. (NASDAQ:SHOP – Free Report) (TSE:SHOP) by 79.8% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,917,942 shares of the software maker’s stock after selling 7,594,495 shares during the quarter. Capital Research Global Investors’ holdings in Shopify were worth $308,740,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Kingdom Financial Group LLC. purchased a new position in shares of Shopify in the 4th quarter valued at approximately $26,000. Curio Wealth LLC acquired a new position in shares of Shopify in the 4th quarter valued at $27,000. Mowery & Schoenfeld Wealth Management LLC acquired a new position in shares of Shopify in the 4th quarter valued at $29,000. Lloyd Advisory Services LLC. acquired a new position in shares of Shopify in the 4th quarter valued at $31,000. Finally, Lodestone Wealth Management LLC acquired a new position in shares of Shopify in the 4th quarter valued at $31,000. 69.27% of the stock is owned by hedge funds and other institutional investors.

Shopify Stock Performance

SHOP opened at $109.54 on Monday. Shopify Inc. has a 12-month low of $94.00 and a 12-month high of $182.19. The firm has a market capitalization of $142.15 billion, a PE ratio of 108.46, a P/E/G ratio of 3.07 and a beta of 2.60. The firm has a 50 day moving average of $114.55 and a two-hundred day moving average of $132.75.

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

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Royal Bank Of Canada reissued an “outperform” rating and issued a $170.00 target price on shares of Shopify in a research report on Wednesday, May 6th. Weiss Ratings downgraded Shopify from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, May 6th. DZ Bank raised Shopify from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 16th. BMO Capital Markets cut their target price on Shopify from $160.00 to $145.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 6th. Finally, Robert W. Baird set a $150.00 price target on shares of Shopify in a research report on Wednesday, May 6th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $157.17.

Check Out Our Latest Stock Report on Shopify

Shopify Profile

(Free Report)

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.