Shopify (NASDAQ:SHOP) Stock Purchased Rep. Jonathan L. Jackson

Representative Jonathan L. Jackson (D-Illinois) recently bought shares of Shopify Inc. (NASDAQ:SHOP). In a filing disclosed on January 08th, the Representative disclosed that they had bought between $50,001 and $100,000 in Shopify stock on December 8th. The trade occurred in the Representative’s “MORGAN STANLEY TRUST ACCOUNT” account.

Representative Jonathan L. Jackson also recently made the following trade(s):

• Sold $15,001 – $50,000 in shares of Robinhood Markets (NASDAQ:HOOD) on 12/22/2025.
• Purchased $15,001 – $50,000 in shares of Palantir Technologies (NASDAQ:PLTR) on 12/22/2025.
• Sold $15,001 – $50,000 in shares of MercadoLibre (NASDAQ:MELI) on 12/10/2025.
• Purchased $15,001 – $50,000 in shares of Tenet Healthcare (NYSE:THC) on 12/10/2025.
• Sold $50,001 – $100,000 in shares of Netflix (NASDAQ:NFLX) on 12/8/2025.
• Sold $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 11/11/2025.
• Purchased $1,001 – $15,000 in shares of State Street (NYSE:STT) on 11/11/2025.
• Sold $1,001 – $15,000 in shares of T-Mobile US (NASDAQ:TMUS) on 11/11/2025.
• Sold $15,001 – $50,000 in shares of Doximity (NASDAQ:DOCS) on 11/6/2025.
• Purchased $15,001 – $50,000 in shares of Robinhood Markets (NASDAQ:HOOD) on 11/6/2025.

Shopify Stock Performance

Shares of NASDAQ SHOP opened at $164.48 on Friday. Shopify Inc. has a fifty-two week low of $69.84 and a fifty-two week high of $182.19. The stock has a market cap of $214.13 billion, a PE ratio of 121.84, a price-to-earnings-growth ratio of 4.89 and a beta of 2.83. The stock has a fifty day moving average of $160.02 and a 200-day moving average of $147.90.

Shopify (NASDAQ:SHOP) (TSE:SHOP) last issued its quarterly earnings data on Tuesday, November 4th. The software maker reported $0.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.24 by $0.03. Shopify had a return on equity of 11.72% and a net margin of 16.65%.The business had revenue of $2.84 billion for the quarter, compared to analysts’ expectations of $2.75 billion. On average, sell-side analysts predict that Shopify Inc. will post 1.12 EPS for the current year.

Institutional Investors Weigh In On Shopify

Large investors have recently added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of Shopify by 171.3% during the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 423,295 shares of the software maker’s stock valued at $48,827,000 after purchasing an additional 267,271 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. raised its stake in Shopify by 4.4% in the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 5,231,257 shares of the software maker’s stock worth $603,425,000 after buying an additional 218,829 shares in the last quarter. TriaGen Wealth Management LLC bought a new position in Shopify in the third quarter worth about $2,562,000. Oppenheimer Asset Management Inc. lifted its holdings in Shopify by 9.6% in the second quarter. Oppenheimer Asset Management Inc. now owns 400,389 shares of the software maker’s stock worth $46,185,000 after buying an additional 35,113 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its position in Shopify by 2.6% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 2,622,495 shares of the software maker’s stock valued at $301,869,000 after acquiring an additional 67,260 shares in the last quarter. Hedge funds and other institutional investors own 69.27% of the company’s stock.

Wall Street Analysts Forecast Growth

SHOP has been the subject of a number of analyst reports. DZ Bank upgraded shares of Shopify from a “strong sell” rating to a “hold” rating in a research report on Thursday, November 6th. Needham & Company LLC reiterated a “buy” rating and issued a $180.00 target price on shares of Shopify in a research note on Wednesday, November 5th. Barclays set a $140.00 price target on shares of Shopify and gave the company an “equal weight” rating in a report on Wednesday, November 5th. Canaccord Genuity Group upped their price target on shares of Shopify from $165.00 to $185.00 and gave the stock a “buy” rating in a report on Tuesday, November 4th. Finally, Stifel Nicolaus set a $175.00 price objective on Shopify in a research note on Tuesday, November 4th. Twenty-four research analysts have rated the stock with a Buy rating and twenty-one have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $171.61.

About Representative Jackson

Jonathan Jackson (Democratic Party) is a member of the U.S. House, representing Illinois’ 1st Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Jackson (Democratic Party) is running for re-election to the U.S. House to represent Illinois’ 1st Congressional District. He declared candidacy for the 2026 election.

Jonathan Jackson was born in Chicago, Illinois. Jackson graduated from Whitney Young High School. He earned an M.B.A. from Northwestern University. Jackson’s career experience includes working as an investment analyst and an entrepreneur.

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.