30,191 Shares in Shopify Inc. $SHOP Purchased by Fideuram Intesa Sanpaolo Private Banking S.P.A.

Key Points

• Fideuram Intesa Sanpaolo Private Banking S.P.A. opened a new position in Shopify in the fourth quarter, buying 30,191 shares valued at about $4.86 million.
• Other institutional investors also increased or established stakes in Shopify, and the article notes that 69.27% of the stock is now owned by hedge funds and other institutions.
• Shopify’s stock was up 4.0% to $105.01, while analysts remain mostly positive with a Moderate Buy consensus and an average price target of $158.42.

Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new position in Shopify Inc. (NASDAQ:SHOP - Free Report) TSE: SHOP during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 30,191 shares of the software maker's stock, valued at approximately $4,860,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Brighton Jones LLC lifted its stake in Shopify by 2.8% in the fourth quarter. Brighton Jones LLC now owns 21,176 shares of the software maker's stock valued at $2,252,000 after purchasing an additional 584 shares during the last quarter. AQR Capital Management LLC raised its stake in shares of Shopify by 107.3% in the first quarter. AQR Capital Management LLC now owns 14,576 shares of the software maker's stock valued at $1,392,000 after buying an additional 7,544 shares during the period. Sivia Capital Partners LLC raised its stake in shares of Shopify by 6.6% in the second quarter. Sivia Capital Partners LLC now owns 8,190 shares of the software maker's stock valued at $945,000 after buying an additional 506 shares during the period. Osterweis Capital Management Inc. purchased a new position in shares of Shopify during the 2nd quarter valued at $53,000. Finally, Main Street Financial Solutions LLC lifted its position in shares of Shopify by 15.3% during the 2nd quarter. Main Street Financial Solutions LLC now owns 11,131 shares of the software maker's stock valued at $1,284,000 after buying an additional 1,479 shares during the last quarter. 69.27% of the stock is currently owned by hedge funds and other institutional investors.

Shopify Stock Up 4.0%

Shares of NASDAQ SHOP opened at $105.01 on Thursday. The company has a market cap of $136.27 billion, a P/E ratio of 103.97, a P/E/G ratio of 2.83 and a beta of 2.64. Shopify Inc. has a 52 week low of $94.00 and a 52 week high of $182.19. The business has a 50-day simple moving average of $117.31 and a two-hundred day simple moving average of $136.58.

Shopify (NASDAQ:SHOP - Get Free Report) TSE: SHOP last announced its quarterly earnings results on Tuesday, May 5th. The software maker reported $999.00 earnings per share for the quarter, beating the consensus estimate of $0.22 by $998.78. Shopify had a return on equity of 12.07% and a net margin of 10.77%.The firm had revenue of $3.17 billion for the quarter, compared to analysts' expectations of $3.08 billion. Equities research analysts anticipate that Shopify Inc. will post 1.36 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on SHOP. Mizuho raised Shopify from a "neutral" rating to an "outperform" rating and set a $150.00 price objective for the company in a report on Thursday, February 12th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a $175.00 price objective on shares of Shopify in a report on Thursday, February 12th. ATB Cormark Capital Markets upgraded shares of Shopify from a "sector perform" rating to an "outperform" rating in a research note on Tuesday, February 10th. Canaccord Genuity Group lowered their price target on shares of Shopify from $165.00 to $145.00 and set a "buy" rating on the stock in a research report on Wednesday, May 6th. Finally, Needham & Company LLC restated a "buy" rating and set a $180.00 price target on shares of Shopify in a research note on Tuesday, May 5th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat, Shopify presently has an average rating of "Moderate Buy" and a consensus price target of $158.42.

Trending Headlines about Shopify

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: Thrive Capital’s rare $100 million investment is drawing attention to Shopify’s AI initiatives and reinforcing the idea that the company may be using artificial intelligence to deepen its commerce platform and improve long-term growth. Thrive Capital’s AI Bet On Shopify (SHOP) Sparks Fresh Look At Valuation
• Positive Sentiment: Shopify’s Q1 earnings call was interpreted as signaling AI-fueled growth, which can support the view that the company is building new monetization opportunities beyond its core ecommerce tools. Shopify Earnings Call Signals AI-Fueled Growth
• Positive Sentiment: Analysts highlighted Shopify’s $67 billion in payments volume, 67% payments penetration, and 59% growth in Shop Pay, pointing to a strong monetization runway in Merchant Solutions. Can Shopify's $67B Payments Volume Deepen Its Monetization Runway?
• Positive Sentiment: Several investor and commentary pieces continue to frame Shopify as a long-term winner, citing its market share gains, institutional interest, and durable growth profile. Is Shopify Inc. (SHOP) Among Stocks That Will Make You Rich Over the Next Decade?
• Neutral Sentiment: Loomis Sayles said it is sticking with Shopify in its global growth portfolio, but the note appears more like a portfolio update than a direct catalyst for the stock. Loomis Sayles Global Growth Fund Holds Firm on Shopify (SHOP) Beyond AI Narrative
• Neutral Sentiment: Freshworks named Shopify among winners of its customer awards, which is positive branding but unlikely to materially move the shares on its own. Freshworks Announces Winners of the 2026 Global Customer Awards
• Negative Sentiment: Despite the upbeat news flow, Shopify’s recent performance remains weak versus prior levels, with articles noting sizable month-to-date and year-to-date declines that may keep valuation concerns in focus. Thrive Capital’s AI Bet On Shopify (SHOP) Sparks Fresh Look At Valuation

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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