13,862 Shares in Shopify Inc. $SHOP Purchased by Partners Wealth Management LLC

Key Points

• Partners Wealth Management LLC purchased 13,862 Shopify shares in the third quarter, valued at approximately $2.06 million. Institutional investors and hedge funds collectively own 69.27% of Shopify’s stock.
• Shopify reported quarterly revenue of $3.58 billion, up 33.7% year over year, and earnings of $0.42 per share, exceeding analyst expectations of $0.40. The company’s growth is supported by expanding AI, commerce, and point-of-sale offerings, though rising AI-related costs could pressure margins.
• Analysts maintain a broadly positive view, with Shopify holding a “Moderate Buy” consensus rating and an average price target of $177.79. Shares opened at $166.89, compared with a 52-week range of $94.00 to $180.88.

Partners Wealth Management LLC purchased a new position in Shopify Inc. (NASDAQ:SHOP - Free Report) TSE: SHOP in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 13,862 shares of the software maker's stock, valued at approximately $2,056,000.

Several other institutional investors and hedge funds have also made changes to their positions in SHOP. United Asset Strategies Inc. purchased a new stake in Shopify in the third quarter valued at approximately $213,000. China Universal Asset Management Co. Ltd. increased its holdings in Shopify by 29.2% in the 3rd quarter. China Universal Asset Management Co. Ltd. now owns 51,326 shares of the software maker's stock worth $7,610,000 after buying an additional 11,604 shares during the period. D.A. Davidson & CO. raised its position in Shopify by 1.3% during the 3rd quarter. D.A. Davidson & CO. now owns 180,786 shares of the software maker's stock worth $26,811,000 after buying an additional 2,313 shares during the last quarter. WPG Advisers LLC raised its position in Shopify by 159.6% during the 3rd quarter. WPG Advisers LLC now owns 462 shares of the software maker's stock worth $69,000 after buying an additional 284 shares during the last quarter. Finally, Laurel Wealth Advisors LLC acquired a new stake in Shopify during the 3rd quarter valued at approximately $32,000. 69.27% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Shopify

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: Expanded AI and commerce ecosystem: Shopify is broadening access to AI agents, while Condé Nast is bringing curated product collections from brands including Vogue and GQ to the Shop app. These initiatives could increase merchant and consumer engagement and support transaction growth. NCR Voyix Scoops up Bruster’s; Shopify Broadens AI Agent Access Condé Nast brings product picks to Shop app
• Positive Sentiment: Merchant retention remains a strength: Shopify reportedly retains 97% of merchants that reach $10 million in annual gross merchandise volume, supporting recurring revenue and longer-term growth despite competition from Adobe and Commerce.com. Can Shopify’s Strong Merchant Retention Sustain Revenue Growth?
• Positive Sentiment: Strong competitive positioning in point-of-sale: Javelin Strategy & Research named Shopify POS an Overall Leader in its 2026 small-business POS scorecard, reinforcing the company’s position beyond its core online storefront business. 2026 Small Business Point-of-Sale System Scorecard
• Positive Sentiment: Shopify Ventures participation in Whop’s financing round highlights continued investment in emerging commerce and technology platforms, although the direct financial impact on Shopify is likely limited. Whop’s Valuation Triples
• Neutral Sentiment: Pre-earnings positioning is driving attention: Analysts are focused on third-quarter revenue, merchant solutions, gross merchandise volume, operating margins and holiday-quarter guidance. The stock’s recent uptrend has also prompted bullish options strategies, but the outcome depends on whether results exceed elevated expectations. Shopify Q3 Earnings Preview
• Negative Sentiment: AI investment could pressure profitability: Coverage warns that Shopify’s rapid sales growth is accompanied by higher AI infrastructure and development expenses. Investors want evidence that AI-driven growth will translate into sustainable margin expansion rather than offsetting earnings gains. Shopify’s Booming Sales Come With a Costly Catch

Shopify Price Performance

NASDAQ:SHOP opened at $166.89 on Friday. The company has a debt-to-equity ratio of 0.01, a current ratio of 5.35 and a quick ratio of 5.35. The firm has a market cap of $214.73 billion, a price-to-earnings ratio of 112.76, a price-to-earnings-growth ratio of 3.47 and a beta of 2.62. The company has a 50 day moving average price of $152.57 and a 200-day moving average price of $130.31. Shopify Inc. has a 1-year low of $94.00 and a 1-year high of $180.88.

Shopify (NASDAQ:SHOP - Get Free Report) TSE: SHOP last posted its earnings results on Wednesday, August 5th. The software maker reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.02. Shopify had a net margin of 14.53% and a return on equity of 12.58%. The firm had revenue of $3.58 billion during the quarter. During the same quarter in the prior year, the firm earned $0.69 earnings per share. The business's revenue for the quarter was up 33.7% on a year-over-year basis. Equities research analysts forecast that Shopify Inc. will post 1.46 EPS for the current year.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on SHOP shares. JPMorgan Chase & Co. upped their price objective on shares of Shopify from $185.00 to $200.00 and gave the company an "overweight" rating in a report on Tuesday, October 6th. DA Davidson set a $200.00 target price on shares of Shopify and gave the stock a "buy" rating in a report on Thursday, August 6th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Shopify from $175.00 to $185.00 and gave the company a "buy" rating in a research report on Thursday, August 6th. Citigroup upped their price target on shares of Shopify from $196.00 to $216.00 and gave the company a "buy" rating in a report on Tuesday. Finally, Evercore reaffirmed an "outperform" rating and set a $175.00 price target (up from $135.00) on shares of Shopify in a research report on Wednesday, August 5th. Three research analysts have rated the stock with a Strong Buy rating, thirty-six have assigned a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat, Shopify presently has an average rating of "Moderate Buy" and an average price target of $177.79.

Shopify Company Profile

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.

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