Shopify Inc. $SHOP Position Boosted by Lombard Odier Asset Management Switzerland SA

Key Points

• Lombard Odier Asset Management Switzerland SA increased its Shopify stake by 76.3% in the fourth quarter, ending with 71,708 shares worth about $11.5 million.
• Shopify’s board authorized an additional $3 billion share repurchase, bringing the total buyback program to $5 billion and signaling confidence in cash generation.
• Recent coverage continues to emphasize Shopify’s AI retail infrastructure potential and solid earnings growth/price strength, while analysts maintain a broadly Moderate Buy outlook with an average price target of $157.17.

Lombard Odier Asset Management Switzerland SA lifted its stake in shares of Shopify Inc. (NASDAQ:SHOP - Free Report) TSE: SHOP by 76.3% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 71,708 shares of the software maker's stock after purchasing an additional 31,040 shares during the period. Lombard Odier Asset Management Switzerland SA's holdings in Shopify were worth $11,546,000 as of its most recent filing with the SEC.

Several other large investors have also recently added to or reduced their stakes in SHOP. M&T Bank Corp lifted its holdings in Shopify by 37.1% in the fourth quarter. M&T Bank Corp now owns 81,082 shares of the software maker's stock worth $13,051,000 after acquiring an additional 21,945 shares during the last quarter. Triasima Portfolio Management inc. lifted its holdings in Shopify by 11.0% in the fourth quarter. Triasima Portfolio Management inc. now owns 182,338 shares of the software maker's stock worth $29,398,000 after acquiring an additional 18,028 shares during the last quarter. Assetmark Inc. lifted its holdings in Shopify by 6.7% in the fourth quarter. Assetmark Inc. now owns 213,583 shares of the software maker's stock worth $34,380,000 after acquiring an additional 13,415 shares during the last quarter. SG Americas Securities LLC lifted its holdings in Shopify by 286.6% in the fourth quarter. SG Americas Securities LLC now owns 508,723 shares of the software maker's stock worth $81,889,000 after acquiring an additional 377,129 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. lifted its holdings in Shopify by 12.8% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 526,114 shares of the software maker's stock worth $84,689,000 after acquiring an additional 59,745 shares during the last quarter. 69.27% of the stock is currently owned by institutional investors.

Shopify News Roundup

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: Shopify said its board authorized an additional $3 billion share repurchase, lifting the total buyback authorization to $5 billion. That signals confidence in the company’s cash generation and can support the stock by reducing share count. Is Shopify (SHOP) One of the Best Tech Stocks to Invest In on the Dip?
• Positive Sentiment: Analysts and media coverage continue to highlight Shopify’s AI retail infrastructure potential, with the company using AI tools, commerce data, and shopping-channel integrations to position itself for next-generation retail growth. Is Shopify Building the Future Infrastructure for AI Retail?
• Positive Sentiment: Coverage from Zacks and other outlets notes earnings growth and price strength, reinforcing the view that Shopify remains a stock to watch among momentum investors. Earnings Growth & Price Strength Make Shopify (SHOP) a Stock to Watch
• Neutral Sentiment: At Shopify’s 2026 annual meeting, shareholders elected all director nominees, reappointed PricewaterhouseCoopers as auditor, and approved executive compensation on an advisory basis. The company also said a shareholder proposal for an AI policy was not approved, which removes some governance uncertainty but is unlikely to be a major stock catalyst. Shopify Announces Results of its 2026 Annual Meeting of Shareholders
• Neutral Sentiment: One market commentary put a hold rating on Shopify and suggested limited downside from current levels, reflecting that the stock is still viewed as fairly valued by some observers rather than deeply mispriced. Wall Street Has 38 Buy Ratings on Shopify and One Sell. But We Disagree.
• Negative Sentiment: A shareholder proposal on an AI policy was rejected at the annual meeting, and some coverage has framed this as an ongoing governance issue, though it appears to be a secondary factor versus the buyback and growth narrative. Shopify board fighting shareholder push to create AI policy

Shopify Trading Up 0.7%

SHOP opened at $113.23 on Wednesday. Shopify Inc. has a twelve month low of $94.00 and a twelve month high of $182.19. The business's 50 day moving average is $113.77 and its 200-day moving average is $130.80. The stock has a market cap of $146.93 billion, a PE ratio of 112.11, a price-to-earnings-growth ratio of 3.15 and a beta of 2.60.

Shopify (NASDAQ:SHOP - Get Free Report) TSE: SHOP last issued its quarterly earnings data on Tuesday, May 5th. The software maker reported $999.00 earnings per share 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 business had revenue of $3.17 billion for the quarter, compared to analysts' expectations of $3.08 billion. As a group, analysts forecast that Shopify Inc. will post 1.36 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts have issued reports on the stock. Royal Bank Of Canada reissued an "outperform" rating and issued a $170.00 target price on shares of Shopify in a report on Wednesday, May 6th. Oppenheimer reiterated an "outperform" rating and issued a $175.00 target price on shares of Shopify in a research note on Wednesday, May 6th. National Bank Financial cut their target price on Shopify from $200.00 to $155.00 and set an "outperform" rating on the stock in a research note on Wednesday, May 27th. Piper Sandler reiterated an "overweight" rating and issued a $150.00 target price (down from $165.00) on shares of Shopify in a research note on Tuesday, May 5th. Finally, Wells Fargo & Company cut their target price on Shopify from $166.00 to $144.00 and set an "overweight" rating on the stock in a research note on Wednesday, May 6th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and ten have given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $157.17.

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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