IPG Investment Advisors LLC Acquires New Position in Shopify Inc. $SHOP

IPG Investment Advisors LLC bought a new position in Shopify Inc. (NASDAQ:SHOP) (TSE:SHOP) in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 4,681 shares of the software maker’s stock, valued at approximately $534,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Norges Bank bought a new position in Shopify during the fourth quarter valued at approximately $2,611,797,000. Sands Capital Management LLC lifted its holdings in shares of Shopify by 37.0% in the 4th quarter. Sands Capital Management LLC now owns 9,506,036 shares of the software maker’s stock worth $1,530,187,000 after acquiring an additional 2,568,765 shares during the last quarter. Invesco Ltd. boosted its stake in shares of Shopify by 9.8% in the 4th quarter. Invesco Ltd. now owns 14,026,193 shares of the software maker’s stock valued at $2,257,796,000 after purchasing an additional 1,252,074 shares in the last quarter. Thrivent Financial for Lutherans boosted its stake in shares of Shopify by 7,207.2% in the 4th quarter. Thrivent Financial for Lutherans now owns 1,148,259 shares of the software maker’s stock valued at $184,883,000 after purchasing an additional 1,132,545 shares in the last quarter. Finally, Select Equity Group L.P. grew its holdings in shares of Shopify by 92.5% during the 2nd quarter. Select Equity Group L.P. now owns 2,246,473 shares of the software maker’s stock valued at $259,124,000 after purchasing an additional 1,079,494 shares during the last quarter. Hedge funds and other institutional investors own 69.27% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently commented on the stock. Stifel Nicolaus set a $150.00 target price on shares of Shopify and gave the stock a “buy” rating in a research report on Thursday, July 9th. UBS Group restated a “neutral” rating and set a $145.00 price target (up from $130.00) on shares of Shopify in a research report on Thursday, August 6th. Seaport Research Partners reiterated a “buy” rating and issued a $175.00 price objective on shares of Shopify in a report on Monday, August 17th. Susquehanna assumed coverage on Shopify in a report on Friday, July 10th. They issued a “neutral” rating on the stock. Finally, Evercore reiterated an “outperform” rating and issued a $175.00 price objective (up from $135.00) on shares of Shopify in a research report on Wednesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, thirty-six have assigned a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $171.34.

Shopify Stock Performance

Shares of SHOP stock opened at $126.60 on Friday. The company has a market capitalization of $162.89 billion, a price-to-earnings ratio of 85.54, a price-to-earnings-growth ratio of 2.59 and a beta of 2.61. The company has a debt-to-equity ratio of 0.01, a quick ratio of 5.35 and a current ratio of 5.35. Shopify Inc. has a one year low of $94.00 and a one year high of $182.19. The company’s 50-day moving average is $135.46 and its 200 day moving average is $123.10.

Shopify (NASDAQ:SHOP) (TSE:SHOP) last issued its earnings results on Wednesday, August 5th. The software maker reported $0.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.02. Shopify had a net margin of 14.53% and a return on equity of 12.58%. The firm had revenue of $3.58 billion for the quarter. During the same quarter in the prior year, the company posted $0.69 EPS. The company’s quarterly revenue was up 33.7% on a year-over-year basis. Sell-side analysts expect that Shopify Inc. will post 1.45 EPS for the current fiscal year.

Key Headlines Impacting Shopify

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: Tailwind Labs acquisition strengthens Shopify’s developer ecosystem. Shopify brought in the team behind Tailwind CSS, a widely used web-development framework reportedly exceeding 110 million weekly installs. The deal could support Shopify’s push into more customizable merchant storefronts and deepen relationships with developers. Financial terms were not disclosed. Shopify Brings In Tailwind Labs As Tailwind CSS Tops 110 Million Weekly Installs
• Positive Sentiment: One analyst argues that consumer AI agents may ultimately benefit Shopify. Although tools such as Meta’s Muse and xAI’s Grok have raised concerns that AI could bypass traditional online storefronts, the analyst believes AI-driven commerce could increase shopping activity while Shopify continues providing merchant infrastructure, checkout and fulfillment-related services. Why Meta’s Consumer AI Agent Is Good News for Shopify Stock
• Neutral Sentiment: Short-interest data provides no reliable signal. The report lists zero shares sold short for both September and August, with an “NaN” change and a zero-day short-interest ratio. Those figures appear to be data errors rather than evidence of a meaningful shift in investor positioning.
• Neutral Sentiment: Competitive e-commerce growth remains a background issue. MercadoLibre’s record growth highlights the strength of alternative commerce platforms, but the article does not announce a direct change to Shopify’s business or outlook. Not Amazon, Not Shopify. No Other Company Has Done What MercadoLibre Just Did
• Negative Sentiment: AI shopping agents remain the main source of investor anxiety. New systems that can recommend and potentially complete purchases could weaken Shopify’s role in customer discovery and transaction processing, contributing to recent selling pressure. Shopify’s elevated valuation makes the stock particularly sensitive to concerns about future growth and competitive disruption. AI Agents Are About to Start Spending Your Money. 5 Stocks Sitting in the Line of Fire.

Shopify Profile

Shopify Inc (NASDAQ:SHOP) is a commerce technology company that provides tools for businesses of various sizes to start, operate and grow retail operations. Its platform enables merchants to create and manage online stores, sell through social media and other digital channels, and support in-person sales through Shopify’s point-of-sale solutions.

Shopify’s products and services include online storefront and website-building tools, payment processing through Shopify Payments, point-of-sale hardware and software, inventory and order management, shipping and fulfillment tools, marketing features, analytics, and financing services for eligible merchants.