Spear Advisors LLC Makes New Investment in Shopify Inc. $SHOP

Posted by Geri Gentry on May 18th, 2026

Spear Advisors LLC bought a new position in Shopify Inc. (NASDAQ:SHOP – Free Report) (TSE:SHOP) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 34,573 shares of the software maker’s stock, valued at approximately $5,565,000. Shopify makes up approximately 3.9% of Spear Advisors LLC’s investment portfolio, making the stock its 14th biggest holding.

Several other institutional investors and hedge funds have also bought and sold shares of the company. World Investment Advisors lifted its stake in Shopify by 2.2% in the 4th quarter. World Investment Advisors now owns 27,327 shares of the software maker’s stock worth $4,399,000 after purchasing an additional 600 shares in the last quarter. Rubicon Advisors GP purchased a new stake in shares of Shopify during the 4th quarter valued at $835,000. Corient Private Wealth LLC raised its position in shares of Shopify by 1.2% during the 4th quarter. Corient Private Wealth LLC now owns 120,775 shares of the software maker’s stock valued at $19,446,000 after buying an additional 1,398 shares in the last quarter. Bayban purchased a new stake in shares of Shopify during the 4th quarter valued at $129,000. Finally, Pure Financial Advisors LLC raised its position in shares of Shopify by 11.7% during the 4th quarter. Pure Financial Advisors LLC now owns 4,322 shares of the software maker’s stock valued at $696,000 after buying an additional 454 shares in the last quarter. 69.27% of the stock is currently owned by hedge funds and other institutional investors.

Shopify Stock Performance

SHOP stock opened at $100.28 on Monday. Shopify Inc. has a 52 week low of $94.00 and a 52 week high of $182.19. The firm’s fifty day moving average is $119.12 and its 200 day moving average is $138.15. The firm has a market cap of $130.13 billion, a P/E ratio of 99.29, a P/E/G ratio of 2.81 and a beta of 2.64.

Shopify (NASDAQ:SHOP – Get Free Report) (TSE:SHOP) last released its earnings results on Tuesday, May 5th. The software maker reported $999.00 EPS for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $3.08 billion. As a group, analysts forecast that Shopify Inc. will post 1.36 EPS for the current year.

Analyst Ratings Changes

Several research firms have recently weighed in on SHOP. Wells Fargo & Company lowered their price objective on shares of Shopify from $166.00 to $144.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 6th. DA Davidson lowered their price objective on shares of Shopify from $195.00 to $140.00 and set a “buy” rating on the stock in a research report on Wednesday, May 6th. Evercore set a $135.00 price objective on shares of Shopify in a research report on Wednesday, February 11th. Moffett Nathanson upgraded shares of Shopify from a “neutral” rating to a “buy” rating and set a $150.00 price objective on the stock in a research report on Monday, February 9th. Finally, Barclays set a $126.00 price objective on shares of Shopify and gave the company an “equal weight” rating in a research report on Wednesday, May 6th. Two analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat, Shopify has a consensus rating of “Moderate Buy” and an average target price of $158.42.

Check Out Our Latest Report on SHOP

Shopify Company 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.