13,718 Shares in Shopify Inc. $SHOP Bought by Horizon Investments LLC

Horizon Investments LLC purchased a new position in shares of Shopify Inc. (NASDAQ:SHOP - Free Report) TSE: SHOP in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 13,718 shares of the software maker's stock, valued at approximately $2,208,000.

Other institutional investors have also bought and sold shares of the company. Mowery & Schoenfeld Wealth Management LLC bought a new stake in Shopify during the fourth quarter worth $29,000. Lodestone Wealth Management LLC bought a new stake in Shopify during the fourth quarter worth $31,000. Sound Income Strategies LLC grew its holdings in Shopify by 82.4% during the fourth quarter. Sound Income Strategies LLC now owns 197 shares of the software maker's stock worth $31,000 after buying an additional 89 shares in the last quarter. JPL Wealth Management LLC bought a new stake in Shopify during the third quarter worth $32,000. Finally, Caitlin John LLC bought a new stake in Shopify during the third quarter worth $36,000. Institutional investors own 69.27% of the company's stock.

Shopify Trading Down 16.3%

SHOP stock opened at $106.78 on Wednesday. The stock's fifty day simple moving average is $122.10 and its two-hundred day simple moving average is $141.64. Shopify Inc. has a 1-year low of $88.14 and a 1-year high of $182.19. The stock has a market cap of $139.25 billion, a P/E ratio of 114.82, a P/E/G ratio of 4.53 and a beta of 2.64.

Shopify (NASDAQ:SHOP - Get Free Report) TSE: SHOP last issued its quarterly earnings results on Tuesday, May 5th. The software maker reported $999.00 EPS for the quarter, beating analysts' consensus estimates of $0.22 by $998.78. Shopify had a return on equity of 11.52% and a net margin of 10.65%. As a group, analysts forecast that Shopify Inc. will post 1.36 earnings per share for the current fiscal year.

Key Headlines Impacting Shopify

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: Q1 beat — Shopify reported strong top‑line results (about 34% revenue growth) and an earnings beat, plus management highlighted GMV momentum. These results confirm ongoing demand on the platform and validate monetization levers. GlobeNewswire: Shopify Delivers Again
• Positive Sentiment: AI/commerce tailwinds — Management said AI-driven traffic and orders jumped materially (AI traffic grew ~8x Y/Y; AI-driven orders rose sharply), reinforcing Shopify’s advantage integrating new selling channels. PYMNTS: AI Drove Orders on Shopify Up 13 Times
• Positive Sentiment: Analyst support — Needham reaffirmed a "buy" rating and keeps a $180 price target, signaling some analysts view the pullback as an opportunity. Benzinga: Needham Reaffirms Buy
• Neutral Sentiment: Guidance mixed/in‑line — Shopify provided Q2 revenue guidance roughly in line with consensus ($3.4B–$3.5B) but the company signaled a deceleration versus recent growth rates; that leaves room for upside if execution improves but reduces near‑term certainty. Yahoo Finance: Q1 Earnings Call Summary
• Negative Sentiment: Profitability and operating outlook disappointed — despite revenue strength, Shopify missed on operating profit expectations and reported a sizeable (though narrowed) loss; margin/headcount/cost commentary signaled rising near‑term expenses that hurt investor sentiment. WSJ: Loss Narrows as Revenue Climbs
• Negative Sentiment: Market reaction — Traders focused on the softer forward commentary and growth slowdown risk, driving heavy selling and a sharp intraday drop; analysts and commentators highlighted uncertainty around future sales drivers despite the beat. Globe and Mail: Shares Dive on Softened Outlook
• Negative Sentiment: Market commentary / video breakdowns emphasize guidance risk — Analysts and market commentators (including post‑earnings video coverage) said the beat wasn’t enough to offset concerns about slowing revenue growth and margin pressure, which amplified the selloff. YouTube: SHOP Drops After Earnings Beat

Analysts Set New Price Targets

Several brokerages recently issued reports on SHOP. BMO Capital Markets set a $160.00 price target on Shopify in a report on Thursday, February 12th. Cantor Fitzgerald reissued a "neutral" rating and issued a $126.00 price objective (down from $181.00) on shares of Shopify in a research report on Thursday, February 12th. KeyCorp reissued an "overweight" rating and issued a $160.00 price objective on shares of Shopify in a research report on Wednesday, February 11th. Wells Fargo & Company cut their price objective on Shopify from $191.00 to $166.00 and set an "overweight" rating on the stock in a research report on Monday, April 6th. Finally, Robert W. Baird set a $160.00 price objective on Shopify in a research report on Thursday, February 12th. Two analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $163.50.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.