International Assets Investment Management LLC boosted its stake in shares of Shopify Inc. (NASDAQ:SHOP – Free Report) (TSE:SHOP) by 28.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,703 shares of the software maker’s stock after acquiring an additional 4,144 shares during the quarter. International Assets Investment Management LLC’s holdings in Shopify were worth $2,217,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently made changes to their positions in SHOP. Anchor Investment Management LLC increased its position in shares of Shopify by 12.8% during the 1st quarter. Anchor Investment Management LLC now owns 8,557 shares of the software maker’s stock worth $1,015,000 after purchasing an additional 972 shares in the last quarter. Diversify Wealth Management LLC boosted its position in Shopify by 41.6% in the first quarter. Diversify Wealth Management LLC now owns 50,770 shares of the software maker’s stock valued at $6,156,000 after buying an additional 14,905 shares in the last quarter. Gables Capital Management Inc. grew its stake in Shopify by 17.1% during the first quarter. Gables Capital Management Inc. now owns 14,540 shares of the software maker’s stock worth $1,725,000 after buying an additional 2,120 shares during the last quarter. Carnegie Investment Counsel grew its stake in Shopify by 16.4% during the first quarter. Carnegie Investment Counsel now owns 135,824 shares of the software maker’s stock worth $16,111,000 after buying an additional 19,162 shares during the last quarter. Finally, 180 Wealth Advisors LLC grew its stake in Shopify by 11.3% during the first quarter. 180 Wealth Advisors LLC now owns 6,604 shares of the software maker’s stock worth $783,000 after buying an additional 668 shares during the last quarter. 69.27% of the stock is owned by institutional investors.
Shopify Price Performance
SHOP stock opened at $122.54 on Monday. The company has a 50 day moving average price of $111.12 and a 200 day moving average price of $124.93. Shopify Inc. has a fifty-two week low of $94.00 and a fifty-two week high of $182.19. The stock has a market capitalization of $159.02 billion, a PE ratio of 121.33, a price-to-earnings-growth ratio of 2.66 and a beta of 2.58.
Analysts Set New Price Targets
Get Our Latest Stock Report on Shopify
Key Headlines Impacting Shopify
Here are the key news stories impacting Shopify this week:
- Positive Sentiment: Bank of America said Shopify is a major AI winner, reinforcing the view that the company could benefit as merchants adopt AI tools to improve sales, marketing, and checkout performance. Bank of America argues Shopify is a major AI winner
- Positive Sentiment: Zacks upgraded Shopify from hold to strong-buy, and other research notes highlighted earnings growth and price strength, adding to bullish sentiment around the stock. Earnings Growth & Price Strength Make Shopify (SHOP) a Stock to Watch
- Neutral Sentiment: Shopify is also showing up on trending-stock lists and analyst-call roundups, suggesting elevated investor attention, but these items are more about visibility than a direct business catalyst. Shopify Inc. (SHOP) Is a Trending Stock
- Neutral Sentiment: Investors are also watching for Shopify’s Q2 2026 results on August 5, which could become a bigger driver once earnings are closer. This Week In E-Commerce – Shopify’s Q2 2026 Financial Results Announcement Insights
- Negative Sentiment: Shopify remains a richly valued stock, with several recent articles questioning whether the current price is hard to justify, which may limit upside and keep volatility high. Shopify: Great Company, Impossible Valuation
- Negative Sentiment: There was also recent weakness in the broader tech market, and Shopify had already declined in a prior session, showing that macro pressure and high valuation can still weigh on the shares. HubSpot, Q2 Holdings, and Shopify Shares Plummet, What You Need To Know
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.
Featured Stories
- Five stocks we like better than Shopify
- 3 Rare-Earth ETFs That Help Investors Balance Exposure and Risk
- Microsoft Bets on In-House AI to Cut OpenAI and Anthropic Costs
- Delta Air Lines Lives Up to Its Claims: Shares Can Keep Climbing
- This Dividend ETF Choice Could Shape Your Income Strategy Through 2026
Receive News & Ratings for Shopify Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Shopify and related companies with MarketBeat.com's FREE daily email newsletter.
