Shopify Inc. $SHOP Stock Purchased by Vise Technologies Inc.

Posted by Brian Himes on Nov 3rd, 2026

Vise Technologies Inc. lifted its holdings in Shopify Inc. (NASDAQ:SHOP – Free Report) (TSE:SHOP) by 30.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 42,255 shares of the software maker’s stock after buying an additional 9,854 shares during the quarter. Vise Technologies Inc.’s holdings in Shopify were worth $6,266,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of SHOP. Swiss National Bank boosted its holdings in Shopify by 27.0% during the 1st quarter. Swiss National Bank now owns 4,115,300 shares of the software maker’s stock valued at $487,580,000 after acquiring an additional 876,100 shares during the period. The Manufacturers Life Insurance Company grew its position in Shopify by 8.5% in the 1st quarter. The Manufacturers Life Insurance Company now owns 8,418,903 shares of the software maker’s stock valued at $998,137,000 after acquiring an additional 660,198 shares during the last quarter. Bank of Nova Scotia increased its stake in Shopify by 24.2% in the first quarter. Bank of Nova Scotia now owns 3,196,004 shares of the software maker’s stock worth $379,111,000 after purchasing an additional 621,893 shares during the period. Nykredit A S purchased a new stake in Shopify in the second quarter worth $41,959,000. Finally, HB Wealth Management LLC lifted its position in shares of Shopify by 2,377.7% during the second quarter. HB Wealth Management LLC now owns 282,009 shares of the software maker’s stock worth $32,200,000 after purchasing an additional 270,627 shares during the last quarter. 69.27% of the stock is owned by institutional investors.

More Shopify News

Here are the key news stories impacting Shopify this week:

Positive Sentiment: Shopify’s recent performance has been driven by strong operating growth: quarterly revenue increased roughly 34% year over year to $3.58 billion, while earnings modestly exceeded analyst expectations. A Zacks analysis also identified SHOP as one of several internet stocks with a favorable probability of beating estimates. 4 Internet Stocks Poised to Top Estimates This Earnings Season
Positive Sentiment: Analysts expect continued momentum from gross merchandise volume, greater adoption of Shopify Payments and artificial-intelligence features. KeyCorp raised its price target from $180 to $185 and maintained an “overweight” rating, implying additional upside from the referenced price level. KeyCorp Shopify price-target update
Positive Sentiment: CEO Tobi Lütke said Shop Pay has approximately 400 million users and is expanding into AI-agent transactions and merchants outside Shopify’s platform. Investors may view those developments as expanding Shopify’s long-term payments and commerce opportunity, although the initiatives are not expected to materially affect the upcoming quarter. Shopify Shop Pay users and AI expansion
Neutral Sentiment: Shopify is scheduled to report earnings before the bell on Nov. 3. Investors will focus on revenue, GMV, payments growth, guidance and whether profitability can justify the stock’s elevated valuation. Shopify earnings preview
Negative Sentiment: At roughly 75 times forward earnings, Shopify remains expensive, and analysts have flagged potential margin pressure. Six large funds reduced or eliminated their positions through June 30, creating a cautionary signal despite the subsequent rally. Funds selling Shopify before earnings

Wall Street Analysts Forecast Growth

SHOP has been the subject of a number of recent analyst reports. DA Davidson set a $200.00 target price on shares of Shopify and gave the company a “buy” rating in a research note on Thursday, August 6th. Truist Financial set a $180.00 price target on shares of Shopify and gave the stock a “buy” rating in a report on Wednesday, August 5th. Rothschild & Co Redburn set a $130.00 price target on shares of Shopify and gave the stock a “neutral” rating in a research note on Tuesday, July 21st. Weiss Ratings lowered shares of Shopify from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a $200.00 price objective (up from $180.00) on shares of Shopify in a report on Friday, October 16th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-six have issued a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $178.44.

Get Our Latest Stock Report on Shopify

Shopify Trading Down 0.8%

SHOP opened at $156.22 on Tuesday. The stock’s fifty day moving average is $152.91 and its two-hundred day moving average is $130.21. The company has a market capitalization of $201.00 billion, a P/E ratio of 105.55, a PEG ratio of 3.47 and a beta of 2.62. Shopify Inc. has a 52 week low of $94.00 and a 52 week high of $180.88. The company has a quick ratio of 5.35, a current ratio of 5.35 and a debt-to-equity ratio of 0.01.

Shopify (NASDAQ:SHOP – Get Free Report) (TSE:SHOP) last issued its 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. Shopify had a return on equity of 12.58% and a net margin of 14.53%. The business had revenue of $3.58 billion during the quarter. During the same quarter in the prior year, the company posted $0.69 earnings per share. Shopify’s quarterly revenue was up 33.7% compared to the same quarter last year. Analysts forecast that Shopify Inc. will post 1.46 earnings per share for the current year.

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.