11,803 Shares in Shopify Inc. $SHOP Acquired by Kopp Family Office LLC

Key Points

• Kopp Family Office LLC acquired 11,803 Shopify shares in the second quarter, worth approximately $1.35 million and representing about 0.8% of its portfolio.
• Shopify reported quarterly revenue of $3.58 billion, up 33.7% year over year, and adjusted earnings of $0.42 per share, beating analyst expectations. Analysts maintain a broadly bullish view, with a consensus “Moderate Buy” rating and a $170.72 price target.
• Shopify’s growth outlook is supported by merchant-services expansion and AI tools, but its high valuation and legal scrutiny over embedded checkout and privacy practices remain key risks.

Kopp Family Office LLC acquired a new stake in shares of Shopify Inc. (NASDAQ:SHOP - Free Report) TSE: SHOP in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 11,803 shares of the software maker's stock, valued at approximately $1,348,000. Shopify accounts for about 0.8% of Kopp Family Office LLC's investment portfolio, making the stock its 17th biggest holding.

A number of other institutional investors have also recently added to or reduced their stakes in SHOP. Kingdom Financial Group LLC. acquired a new stake in Shopify in the fourth quarter worth $26,000. Curio Wealth LLC acquired a new position in shares of Shopify during the fourth quarter valued at $27,000. Evolution Wealth Management Inc. grew its position in shares of Shopify by 203.9% during the first quarter. Evolution Wealth Management Inc. now owns 231 shares of the software maker's stock worth $27,000 after acquiring an additional 155 shares during the last quarter. Graney & King LLC bought a new position in shares of Shopify during the first quarter worth about $27,000. Finally, Mowery & Schoenfeld Wealth Management LLC acquired a new stake in shares of Shopify in the 4th quarter worth about $29,000. 69.27% of the stock is currently owned by institutional investors.

More Shopify News

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: Recent commentary highlights Shopify’s strong underlying momentum, including rising sales and free cash flow, solid gross-merchandise-volume growth and margin expansion. Analysts and commentators argue that Merchant Solutions, Shopify Magic and Sidekick could support continued growth. Why Shopify Stock Soared This Week Shopify: The Next Era of E-Commerce
• Positive Sentiment: AI-enabled “agentic commerce” is viewed as a significant long-term opportunity, with Shopify positioned to help merchants automate online retail workflows and transactions. This narrative is supporting the stock’s growth premium. Why Shopify Stock Could Be the Biggest Winner in Agentic AI Commerce
• Positive Sentiment: Zacks recently identified Shopify as a stock to watch because of its earnings growth and price strength. The company also beat the latest quarterly EPS estimate, while revenue increased 33.7% year over year. Earnings Growth and Price Strength Make Shopify a Stock to Watch
• Positive Sentiment: Several analysts raised Shopify price targets to between $165 and $196, reinforcing bullish sentiment and suggesting additional upside in some forecasts. Shopify Price Target Raised
• Neutral Sentiment: Shopify’s partner ecosystem reportedly supports approximately 1.5 million jobs worldwide, underscoring the platform’s broad economic reach and merchant-network effects, though the figure does not directly change near-term earnings. Shopify’s Partner Ecosystem Thrives
• Negative Sentiment: Legal scrutiny of embedded checkout technology and privacy practices introduces regulatory and litigation risk. Adverse findings could increase compliance costs or affect how Shopify and merchants use tracking and checkout tools. Embedded Tech, Real Privacy Risk

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the stock. BTIG Research started coverage on shares of Shopify in a research report on Friday, July 10th. They issued a "buy" rating on the stock. Benchmark upped their target price on shares of Shopify from $145.00 to $170.00 and gave the stock a "buy" rating in a research report on Thursday, August 6th. Oppenheimer restated an "outperform" rating and issued a $175.00 price target on shares of Shopify in a research note on Wednesday, May 6th. Evercore reaffirmed an "outperform" rating and set a $175.00 price target (up from $135.00) on shares of Shopify in a report on Wednesday, August 5th. Finally, Royal Bank Of Canada set a $180.00 price objective on Shopify and gave the stock an "outperform" rating in a research report on Thursday. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and eight have assigned a Hold rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $170.72.

Shopify Stock Up 2.4%

SHOP opened at $155.18 on Tuesday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 5.35 and a current ratio of 5.35. The company has a market capitalization of $201.37 billion, a PE ratio of 104.85, a P/E/G ratio of 3.21 and a beta of 2.58. The stock's fifty day moving average is $119.91 and its 200-day moving average is $119.63. Shopify Inc. has a one year low of $94.00 and a one year high of $182.19.

Shopify (NASDAQ:SHOP - Get Free Report) TSE: SHOP last announced its earnings results on Wednesday, August 5th. The software maker reported $0.42 earnings per share for the quarter, beating the consensus estimate of $0.40 by $0.02. The business had revenue of $3.58 billion during the quarter. Shopify had a return on equity of 12.58% and a net margin of 14.53%.The company's quarterly revenue was up 33.7% compared to the same quarter last year. During the same period in the prior year, the business earned $0.69 EPS. On average, equities analysts predict that Shopify Inc. will post 1.4 EPS for the current fiscal year.

About Shopify

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.

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