5,393 Shopify Inc. $SHOP Shares Sold by Americana Partners LLC

Posted by Geri Gentry on Oct 31st, 2026

Americana Partners LLC lessened its holdings in shares of Shopify Inc. (NASDAQ:SHOP – Free Report) (TSE:SHOP) by 10.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 48,229 shares of the software maker’s stock after selling 5,393 shares during the period. Americana Partners LLC’s holdings in Shopify were worth $7,152,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Aprio Wealth Management LLC grew its stake in Shopify by 1.5% during the 3rd quarter. Aprio Wealth Management LLC now owns 5,316 shares of the software maker’s stock valued at $788,000 after acquiring an additional 80 shares in the last quarter. Kurv Investment Management LLC boosted its position in shares of Shopify by 195.2% during the 3rd quarter. Kurv Investment Management LLC now owns 36,315 shares of the software maker’s stock valued at $5,386,000 after acquiring an additional 24,015 shares during the last quarter. Left Brain Wealth Management LLC purchased a new stake in shares of Shopify in the third quarter valued at about $222,000. Raleigh Capital Management Inc. grew its holdings in shares of Shopify by 64.0% in the third quarter. Raleigh Capital Management Inc. now owns 4,860 shares of the software maker’s stock valued at $721,000 after purchasing an additional 1,897 shares during the period. Finally, Canopy Partners LLC increased its holdings in shares of Shopify by 3.0% during the 3rd quarter. Canopy Partners LLC now owns 2,109 shares of the software maker’s stock worth $313,000 after buying an additional 61 shares during the last quarter. 69.27% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on SHOP shares. Sanford C. Bernstein began coverage on shares of Shopify in a report on Thursday, September 10th. They issued an “outperform” rating and a $160.00 target price for the company. Piper Sandler restated an “overweight” rating on shares of Shopify in a research note on Monday, October 5th. Citigroup raised their price target on Shopify from $196.00 to $216.00 and gave the stock a “buy” rating in a research report on Tuesday. Seaport Research Partners reissued a “buy” rating and set a $180.00 target price on shares of Shopify in a research note on Thursday, October 8th. Finally, JPMorgan Chase & Co. raised their target price on Shopify from $185.00 to $200.00 and gave the company an “overweight” rating in a report on Tuesday, October 6th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-six have assigned a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $177.79.

View Our Latest Research Report on SHOP

Shopify Stock Performance

Shares of NASDAQ SHOP opened at $157.49 on Friday. The company has a 50-day simple moving average of $152.78 and a 200-day simple moving average of $130.26. Shopify Inc. has a 12 month low of $94.00 and a 12 month high of $180.88. The company has a market cap of $202.63 billion, a PE ratio of 134.59, a price-to-earnings-growth ratio of 3.45 and a beta of 2.62. The company has a debt-to-equity ratio of 0.01, a current ratio of 5.35 and a quick ratio of 5.35.

Shopify (NASDAQ:SHOP – Get Free Report) (TSE:SHOP) last posted its quarterly earnings data on Wednesday, August 5th. The software maker reported $0.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.40 by $0.02. Shopify had a net margin of 14.53% and a return on equity of 12.58%. The company had revenue of $3.58 billion for the quarter. The company’s revenue for the quarter was up 33.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.69 EPS. On average, equities analysts anticipate that Shopify Inc. will post 1.46 earnings per share for the current year.

Shopify News Roundup

Here are the key news stories impacting Shopify this week:

Positive Sentiment: Condé Nast is bringing curated product selections from Vogue, GQ and other brands to Shopify’s Shop app. The partnership could increase consumer engagement, product discovery and transaction volume. Condé Nast brings product picks to Shop app
Positive Sentiment: Shopify is broadening access to AI agents that can support commerce activity, while third-party platforms such as DRINKS are using Shopify technology to enable multi-supplier digital alcohol sales. These developments support Shopify’s positioning in AI-enabled commerce. NCR Voyix Scoops up Bruster’s; Shopify Broadens AI Agent Access
Positive Sentiment: Shopify POS was named an overall leader in a 2026 small-business point-of-sale scorecard, reinforcing the company’s competitive position beyond its core online-store platform. 2026 Small Business POS System Scorecard
Positive Sentiment: Analysis highlights a reported 97% retention rate among merchants that reach $10 million in annual gross merchandise volume, supporting recurring revenue and expansion potential despite competition from Adobe and Commerce.com. Can Shopify’s Strong Merchant Retention Sustain Revenue Growth?
Neutral Sentiment: Heavy investor searches and a bullish options strategy indicate heightened attention and an optimistic trading bias, but neither provides evidence of improved fundamentals. Investors Heavily Search Shopify
Negative Sentiment: Pre-earnings coverage warns that Shopify’s strong sales growth may be offset by higher AI investment and margin pressure. With the stock trading at a premium valuation, investors may be demanding continued earnings and profit improvement. Shopify’s Booming Sales Come With a Costly Catch

Shopify Company Profile

(Free Report)

Shopify Inc is a commerce technology company that provides tools for businesses of various sizes to start, operate and grow online and in physical retail environments. Its platform supports online storefronts, product and inventory management, order processing, marketing, analytics and customer engagement.

The company offers subscription-based plans and merchant solutions, including Shopify Payments, Shopify POS, Shopify Capital and tools for shipping, checkout and fulfillment. Shopify also supports sales through multiple channels, such as merchants’ own websites, mobile devices, social media and third-party marketplaces.

Shopify was founded in 2006 by Tobias Lütke, Daniel Weinand and Scott Lake after the founders developed an online store for snowboarding equipment.