Sustainable Insight Capital Management LLC Purchases New Shares in Shopify Inc. $SHOP

Posted by George Bondi on Jul 25th, 2026

Sustainable Insight Capital Management LLC acquired a new stake in shares of Shopify Inc. (NASDAQ:SHOP – Free Report) (TSE:SHOP) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 10,300 shares of the software maker’s stock, valued at approximately $1,222,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Kingdom Financial Group LLC. bought a new stake in shares of Shopify in the 4th quarter worth about $26,000. Curio Wealth LLC bought a new position in shares of Shopify in the 4th quarter valued at about $27,000. Evolution Wealth Management Inc. lifted its holdings in shares of Shopify by 203.9% in the 1st quarter. Evolution Wealth Management Inc. now owns 231 shares of the software maker’s stock valued at $27,000 after acquiring an additional 155 shares during the last quarter. Mowery & Schoenfeld Wealth Management LLC purchased a new position in Shopify in the fourth quarter worth about $29,000. Finally, Lodestone Wealth Management LLC purchased a new position in Shopify in the fourth quarter worth about $31,000. 69.27% of the stock is owned by hedge funds and other institutional investors.

Shopify News Summary

Here are the key news stories impacting Shopify this week:

Positive Sentiment: Citigroup lowered its price target on Shopify to $150 from $156 but kept a Buy rating, implying meaningful upside from current levels. Benzinga
Positive Sentiment: Several analyst-focused articles highlighted Shopify as a buy and pointed to roughly 28% upside based on consensus price targets, which can support sentiment around the stock. Wall Street Analysts See Shopify (SHOP) as a Buy: Should You Invest?
Positive Sentiment: Growth-oriented coverage continued to argue that Shopify’s strong fundamentals and growth profile could make it attractive for long-term investors. 3 Reasons Why Growth Investors Shouldn’t Overlook Shopify (SHOP)
Neutral Sentiment: Reports about Shopify merchants processing record GMV and the broader merchant ecosystem underscore platform momentum, but they were more of an industry/operating backdrop than a direct stock-moving announcement. DSCP Smart Fulfillment Addresses Critical Gap as Shopify Merchants Process Record $378 Billion in Annual Sales
Negative Sentiment: Rothschild & Co Redburn cut Shopify to Hold, a downgrade that likely pressured the shares and signaled more caution on the stock’s near-term upside. Shopify (NASDAQ:SHOP) Cut to “Hold” at Rothschild & Co Redburn

Shopify Price Performance

Shares of NASDAQ:SHOP opened at $113.75 on Friday. Shopify Inc. has a 1 year low of $94.00 and a 1 year high of $182.19. The business has a 50 day simple moving average of $114.39 and a two-hundred day simple moving average of $122.13. The firm has a market capitalization of $147.61 billion, a PE ratio of 112.62, a price-to-earnings-growth ratio of 2.42 and a beta of 2.58.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. Robert W. Baird set a $150.00 price objective on Shopify in a research note on Wednesday, May 6th. Piper Sandler reaffirmed an “overweight” rating and issued a $150.00 price objective (down from $165.00) on shares of Shopify in a research note on Tuesday, May 5th. Barclays set a $126.00 target price on Shopify and gave the stock an “equal weight” rating in a report on Wednesday, May 6th. Susquehanna started coverage on Shopify in a research report on Friday, July 10th. They set a “neutral” rating on the stock. Finally, Oppenheimer restated an “outperform” rating and set a $175.00 price target on shares of Shopify in a report on Wednesday, May 6th. Three analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Shopify presently has an average rating of “Moderate Buy” and a consensus price target of $157.69.

Get Our Latest Analysis on SHOP

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.