Shopify Inc. $SHOP Shares Acquired by US Bancorp DE

Key Points

• US Bancorp DE raised its Shopify position by 29.8% in Q4, buying 19,857 shares to hold 86,444 shares worth $13.915 million as of its latest SEC filing.
• 69.27% of Shopify stock is owned by institutions, and several funds (e.g., AQR, Brighton Jones) recently increased stakes, indicating continued institutional accumulation.
• Shopify (SHOP) opened at $127.67 versus a consensus analyst target of about $162–$162.7 (implying upside), but the stock carries a high PE (~137) and faces execution/reliability and valuation risks despite AI-commerce and fintech initiatives.

US Bancorp DE raised its position in Shopify Inc. (NASDAQ:SHOP - Free Report) TSE: SHOP by 29.8% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 86,444 shares of the software maker's stock after buying an additional 19,857 shares during the quarter. US Bancorp DE's holdings in Shopify were worth $13,915,000 as of its most recent filing with the SEC.

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

Shopify Stock Performance

SHOP opened at $127.67 on Friday. The firm has a 50 day moving average price of $122.49 and a 200 day moving average price of $142.07. The company has a market cap of $166.50 billion, a PE ratio of 137.28, a price-to-earnings-growth ratio of 4.54 and a beta of 2.64. Shopify Inc. has a 1 year low of $88.14 and a 1 year high of $182.19.

Shopify News Summary

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: Shopify is positioning itself at the center of "agentic commerce," enabling merchants to sell through ChatGPT, Gemini and Copilot while building an AI-powered checkout/payments backbone — a narrative that supports long-term revenue and take-rate expansion. META vs. SHOP: Which Stock Leads the AI Commerce Revolution?
• Positive Sentiment: Analysts' consensus target (~$162.70) sits well above the current market price, implying meaningful upside and helping lift sentiment among growth investors. Shopify Inc. NASDAQ: SHOP Receives $162.70 Consensus Target Price from Analysts
• Positive Sentiment: Shopify is actively pursuing money-transmitter licenses and other regulatory approvals to expand its fintech and payment offerings, which could boost margins and recurring revenue over time if approved. Shopify Seeks Regulators' OK to Become Money Transmitter
• Positive Sentiment: Third-party partners are launching Shopify-focused AI tools (e.g., Bloomreach’s Loomi) that enhance personalization and conversion — ecosystem momentum that can amplify merchant success on the platform. Bloomreach Launches Loomi AI for Shopify
• Neutral Sentiment: Smaller integrations (e.g., reAlpha/AiChat conversational commerce) and stories about merchant use cases (vinyl sellers) highlight ecosystem activity but are unlikely to move the stock materially by themselves. reAlpha Announces AiChat Launch of Shopify Conversational Commerce Integration
• Neutral Sentiment: Articles digging into Q1 metrics and bullish retail write-ups provide detail and varied perspectives; they inform investor models but don’t change the core bull/bear case by themselves. Exploring Analyst Estimates for Shopify (SHOP) Q1 Earnings
• Negative Sentiment: An analyst who earlier issued the lone sell rating says it’s still too soon to buy after the selloff, reminding investors that valuation and execution risks remain and keeping some downside pressure on sentiment. Shopify Analyst Who Saw Selloff Coming Says It’s Too Soon to Buy
• Negative Sentiment: A reported service outage drew short-term attention to reliability risks for merchants; operational hiccups can dent near-term confidence if they recur. Is Shopify down? Shopify status after morning outage

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. Mizuho upgraded shares of Shopify from a "neutral" rating to an "outperform" rating and set a $150.00 price objective on the stock in a research report on Thursday, February 12th. Stifel Nicolaus set a $115.00 price objective on shares of Shopify and gave the stock a "hold" rating in a research report on Wednesday, February 11th. Citizens Jmp decreased their price objective on shares of Shopify from $200.00 to $160.00 and set a "market outperform" rating on the stock in a research report on Thursday, February 12th. Phillip Securities upgraded shares of Shopify from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, February 18th. Finally, Scotiabank upgraded shares of Shopify from a "sector perform" rating to an "outperform" rating and boosted their price objective for the stock from $165.00 to $200.00 in a research report on Thursday, January 8th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat, Shopify has an average rating of "Moderate Buy" and a consensus price target of $162.46.

Shopify Company 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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