Shopify Inc. $SHOP Shares Acquired by Wellington Altus USA Inc.

Posted by on Sep 17th, 2026

Wellington Altus USA Inc. lifted its stake in Shopify Inc. (NASDAQ:SHOP – Free Report) (TSE:SHOP) by 977.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,953 shares of the software maker’s stock after buying an additional 7,215 shares during the period. Wellington Altus USA Inc.’s holdings in Shopify were worth $946,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Norges Bank purchased a new position in shares of Shopify during the fourth quarter worth about $2,611,797,000. Invesco Ltd. boosted its position in shares of Shopify by 9.8% in the 4th quarter. Invesco Ltd. now owns 14,026,193 shares of the software maker’s stock valued at $2,257,796,000 after purchasing an additional 1,252,074 shares during the period. Geode Capital Management LLC boosted its position in shares of Shopify by 6.2% in the 4th quarter. Geode Capital Management LLC now owns 12,601,476 shares of the software maker’s stock valued at $2,043,365,000 after purchasing an additional 737,892 shares during the period. Sands Capital Management LLC grew its stake in Shopify by 37.0% during the 4th quarter. Sands Capital Management LLC now owns 9,506,036 shares of the software maker’s stock worth $1,530,187,000 after buying an additional 2,568,765 shares during the last quarter. Finally, TD Asset Management Inc grew its stake in Shopify by 2.2% during the 4th quarter. TD Asset Management Inc now owns 8,713,762 shares of the software maker’s stock worth $1,404,790,000 after buying an additional 185,252 shares during the last quarter. 69.27% of the stock is currently owned by institutional investors and hedge funds.

Shopify Stock Performance

Shares of NASDAQ:SHOP traded down $1.36 during trading on Thursday, reaching $128.60. The company had a trading volume of 7,019,146 shares, compared to its average volume of 10,379,774. Shopify Inc. has a fifty-two week low of $94.00 and a fifty-two week high of $182.19. The company has a debt-to-equity ratio of 0.01, a current ratio of 5.35 and a quick ratio of 5.35. The stock’s fifty day moving average price is $136.30 and its 200 day moving average price is $123.39. The firm has a market capitalization of $165.46 billion, a price-to-earnings ratio of 86.89, a price-to-earnings-growth ratio of 2.65 and a beta of 2.61.

Shopify (NASDAQ:SHOP – Get Free Report) (TSE:SHOP) last issued its quarterly earnings results on Wednesday, August 5th. The software maker reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.02. The firm had revenue of $3.58 billion during the quarter. Shopify had a return on equity of 12.58% and a net margin of 14.53%.Shopify’s revenue for the quarter was up 33.7% compared to the same quarter last year. During the same period in the prior year, the business earned $0.69 earnings per share. As a group, equities research analysts predict that Shopify Inc. will post 1.45 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on SHOP shares. Evercore reiterated an “outperform” rating and issued a $175.00 price objective (up from $135.00) on shares of Shopify in a research note on Wednesday, August 5th. Phillip Securities lowered shares of Shopify from a “strong-buy” rating to a “moderate buy” rating in a research report on Monday, August 17th. UBS Group reaffirmed a “neutral” rating and issued a $145.00 target price (up from $130.00) on shares of Shopify in a report on Thursday, August 6th. JPMorgan Chase & Co. increased their price target on shares of Shopify from $155.00 to $185.00 and gave the stock an “overweight” rating in a research note on Thursday, August 6th. Finally, Morgan Stanley downgraded shares of Shopify from an “overweight” rating to a “buy” rating in a research report on Monday, July 13th. Two research analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $171.34.

Get Our Latest Stock Report on SHOP

Shopify Profile

(Free Report)

Shopify Inc (NASDAQ:SHOP) is a commerce technology company that provides tools for businesses of various sizes to start, operate and grow retail operations. Its platform enables merchants to create and manage online stores, sell through social media and other digital channels, and support in-person sales through Shopify’s point-of-sale solutions.

Shopify’s products and services include online storefront and website-building tools, payment processing through Shopify Payments, point-of-sale hardware and software, inventory and order management, shipping and fulfillment tools, marketing features, analytics, and financing services for eligible merchants.

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Institutional Ownership by Quarter for Shopify (NASDAQ:SHOP)

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