Generali Asset Management SPA SGR Sells 25,551 Shares of Shopify Inc. $SHOP

Key Points

• Generali Asset Management cut its Shopify stake by 25.5%, selling 25,551 shares and leaving it with 74,594 shares valued at about $12.01 million.
• Shopify posted a strong quarter—revenue grew roughly 34%, merchants generated over $100 billion in GMV and revenue of $3.17 billion, beating estimates and boosting short-term momentum.
• Despite some analyst price‑target cuts and post‑earnings volatility, coverage remains largely positive with a consensus rating of “Moderate Buy” and a consensus target of $158.42, while institutional investors hold about 69.3% of the stock.

Generali Asset Management SPA SGR lowered its position in Shopify Inc. (NASDAQ:SHOP - Free Report) TSE: SHOP by 25.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 74,594 shares of the software maker's stock after selling 25,551 shares during the period. Generali Asset Management SPA SGR's holdings in Shopify were worth $12,007,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Knights of Columbus Asset Advisors LLC bought a new stake in Shopify during the third quarter worth $4,110,000. Principal Financial Group Inc. grew its holdings in Shopify by 16.3% during the third quarter. Principal Financial Group Inc. now owns 450,895 shares of the software maker's stock worth $67,006,000 after buying an additional 63,300 shares in the last quarter. Triton Financial Group Inc bought a new stake in Shopify during the third quarter worth $1,931,000. IQ EQ FUND MANAGEMENT IRELAND Ltd grew its holdings in Shopify by 65.5% during the third quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 158,514 shares of the software maker's stock worth $23,557,000 after buying an additional 62,743 shares in the last quarter. Finally, Triasima Portfolio Management inc. grew its holdings in Shopify by 11.0% during the fourth quarter. Triasima Portfolio Management inc. now owns 182,338 shares of the software maker's stock worth $29,398,000 after buying an additional 18,028 shares in the last quarter. Institutional investors own 69.27% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. TD Securities upgraded Shopify from a "hold" rating to a "buy" rating and set a $159.00 price target for the company in a report on Thursday, February 12th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and set a $175.00 price target on shares of Shopify in a report on Thursday, February 12th. Wedbush decreased their price target on Shopify from $185.00 to $160.00 and set an "outperform" rating for the company in a research report on Thursday, February 12th. Citizens Jmp decreased their price target on Shopify from $160.00 to $150.00 and set a "market outperform" rating for the company in a research report on Wednesday. Finally, Moffett Nathanson raised Shopify from a "neutral" rating to a "buy" rating and set a $150.00 price target for the company in a research report on Monday, February 9th. Two analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $158.42.

Key Shopify News

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: Q1 beat and GMV milestone — Shopify reported revenue growth (≈34%) and merchants generated over $100B in GMV, beating estimates and showing broad-based growth driven by B2B, offline scale and AI-powered tools. This is the fundamental driver supporting the rally. E-Commerce Update
• Positive Sentiment: Cathie Wood buying — ARK’s Cathie Wood purchased roughly $32M of Shopify after the earnings print, which can attract momentum and retail interest. Cathie Wood buys $32M
• Positive Sentiment: Unusual call options flow — Large block buying of call options (hundreds of thousands contracts reported) signals speculative bullish positioning and likely helped lift the stock intraday. Unusual options activity
• Neutral Sentiment: Mixed analyst actions — Citigroup issued a new $156 target (still a buy), reflecting differing views on near-term execution vs. long-term growth. Analysts remain split on valuation vs. growth durability. Citigroup new $156 PT
• Negative Sentiment: Multiple price-target cuts — Several firms lowered targets (Canaccord, BMO, Wells Fargo, DA Davidson, Citizens/JMP), citing valuation and near-term margin/AI-cost uncertainty; that pressured sentiment and triggered profit-taking for some holders. Canaccord PT lowered BMO PT lowered Wells Fargo PT lowered
• Negative Sentiment: Post-earnings volatility and cost concerns — Despite beats, some coverage flagged higher AI-related expenses and execution risks; the stock experienced a sharp post-earnings drop in earlier trading, contributing to today’s volatile bounce. AI reshapes merchant tools

Shopify Price Performance

NASDAQ:SHOP opened at $111.74 on Friday. The business has a fifty day simple moving average of $121.76 and a two-hundred day simple moving average of $140.96. Shopify Inc. has a 1 year low of $88.14 and a 1 year high of $182.19. The company has a market capitalization of $145.72 billion, a P/E ratio of 110.63, a P/E/G ratio of 3.75 and a beta of 2.64.

Shopify (NASDAQ:SHOP - Get Free Report) TSE: SHOP last posted its quarterly earnings results on Tuesday, May 5th. The software maker reported $999.00 EPS for the quarter, topping analysts' consensus estimates 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 during the quarter, compared to analyst estimates of $3.08 billion. As a group, analysts anticipate that Shopify Inc. will post 1.36 earnings per share for the current year.

Shopify Profile

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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