Shopify Inc. $SHOP Shares Acquired by Gryphon Financial Partners LLC

Posted by George Bondi on Jul 18th, 2026

Gryphon Financial Partners LLC lifted its position in shares of Shopify Inc. (NASDAQ:SHOP – Free Report) (TSE:SHOP) by 3.5% during the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 152,807 shares of the software maker’s stock after buying an additional 5,154 shares during the period. Shopify accounts for approximately 1.9% of Gryphon Financial Partners LLC’s portfolio, making the stock its 9th largest holding. Gryphon Financial Partners LLC’s holdings in Shopify were worth $18,126,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Kingdom Financial Group LLC. purchased a new stake in Shopify in the 4th quarter worth approximately $26,000. Curio Wealth LLC purchased a new position in shares of Shopify during the 4th quarter worth $27,000. Evolution Wealth Management Inc. lifted its stake in shares of Shopify by 203.9% during the 1st quarter. Evolution Wealth Management Inc. now owns 231 shares of the software maker’s stock worth $27,000 after purchasing an additional 155 shares during the period. Mowery & Schoenfeld Wealth Management LLC acquired a new stake in shares of Shopify during the fourth quarter worth $29,000. Finally, Lodestone Wealth Management LLC acquired a new stake in shares of Shopify during the fourth quarter worth $31,000. Institutional investors and hedge funds own 69.27% of the company’s stock.

Shopify Stock Down 1.2%

Shares of SHOP stock opened at $123.56 on Friday. The stock has a market cap of $160.34 billion, a price-to-earnings ratio of 122.34, a price-to-earnings-growth ratio of 2.71 and a beta of 2.58. Shopify Inc. has a fifty-two week low of $94.00 and a fifty-two week high of $182.19. The firm’s 50 day moving average price is $112.47 and its two-hundred day moving average price is $123.66.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on SHOP. Piper Sandler reaffirmed an “overweight” rating and issued a $150.00 price objective (down from $165.00) on shares of Shopify in a research report on Tuesday, May 5th. Citigroup downgraded Shopify from a “market outperform” rating to a “neutral” rating in a research report on Friday, July 10th. BMO Capital Markets assumed coverage on Shopify in a research note on Friday, July 10th. They issued a “market perform” rating on the stock. Susquehanna assumed coverage on Shopify in a report on Friday, July 10th. They issued a “neutral” rating for the company. Finally, BTIG Research started coverage on shares of Shopify in a research note on Friday, July 10th. They set a “buy” rating for the company. Three analysts have rated the stock with a Strong Buy rating, thirty-two have given a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $157.58.

Get Our Latest Research 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.