Rathbones Group PLC Sells 76,827 Shares of Shopify Inc. $SHOP

Key Points

• Rathbones Group PLC reduced its Shopify stake by 5.2% in the fourth quarter, selling 76,827 shares and leaving it with 1.4 million shares worth about $225.6 million.
• Analyst sentiment remains constructive, with several firms upgrading Shopify and the stock carrying a consensus “Moderate Buy” rating and $158.42 average price target.
• Shopify’s latest quarter showed strong results, including revenue of $3.17 billion that topped estimates and earnings that far exceeded analyst expectations, while recent news continues to highlight AI-driven growth and monetization potential.

Rathbones Group PLC lessened its position in shares of Shopify Inc. (NASDAQ:SHOP - Free Report) TSE: SHOP by 5.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,401,781 shares of the software maker's stock after selling 76,827 shares during the period. Rathbones Group PLC owned approximately 0.11% of Shopify worth $225,645,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Brighton Jones LLC grew its stake in Shopify by 2.8% in the 4th quarter. Brighton Jones LLC now owns 21,176 shares of the software maker's stock worth $2,252,000 after buying an additional 584 shares in the last quarter. AQR Capital Management LLC grew its stake in Shopify by 107.3% in the 1st quarter. AQR Capital Management LLC now owns 14,576 shares of the software maker's stock worth $1,392,000 after buying an additional 7,544 shares in the last quarter. Sivia Capital Partners LLC grew its stake in Shopify by 6.6% in the 2nd quarter. Sivia Capital Partners LLC now owns 8,190 shares of the software maker's stock worth $945,000 after buying an additional 506 shares in the last quarter. Osterweis Capital Management Inc. purchased a new position in Shopify in the 2nd quarter worth approximately $53,000. Finally, Main Street Financial Solutions LLC grew its stake in Shopify by 15.3% in the 2nd quarter. Main Street Financial Solutions LLC now owns 11,131 shares of the software maker's stock worth $1,284,000 after buying an additional 1,479 shares in the last quarter. Institutional investors own 69.27% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on SHOP shares. ATB Cormark Capital Markets raised shares of Shopify from a "sector perform" rating to an "outperform" rating in a research note on Tuesday, February 10th. Moffett Nathanson raised shares of Shopify from a "neutral" rating to a "buy" rating and set a $150.00 price target for the company in a research note on Monday, February 9th. KeyCorp reissued an "overweight" rating and issued a $160.00 price target on shares of Shopify in a research note on Wednesday, February 11th. Piper Sandler reissued an "overweight" rating and issued a $150.00 price target (down from $165.00) on shares of Shopify in a research note on Tuesday, May 5th. Finally, TD Securities raised shares of Shopify from a "hold" rating to a "buy" rating and set a $159.00 price target for the company in a research note on Thursday, February 12th. Two analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and ten have given a Hold rating to the company. According to MarketBeat, 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: 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

Shopify Stock Performance

Shares of Shopify stock opened at $105.01 on Thursday. Shopify Inc. has a 52-week low of $94.00 and a 52-week high of $182.19. The stock has a market capitalization of $136.27 billion, a price-to-earnings ratio of 103.97, a price-to-earnings-growth ratio of 2.83 and a beta of 2.64. The company has a fifty day moving average of $117.31 and a 200-day moving average of $136.58.

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

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.