Kingswood Wealth Advisors LLC Buys 5,141 Shares of Shopify Inc. $SHOP

Kingswood Wealth Advisors LLC raised its stake in shares of Shopify Inc. (NASDAQ:SHOP) (TSE:SHOP) by 67.9% during the 4th quarter, Holdings Channel.com reports. The fund owned 12,712 shares of the software maker’s stock after purchasing an additional 5,141 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in Shopify were worth $2,046,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Lodestone Wealth Management LLC bought a new position in Shopify during the 4th quarter valued at about $31,000. Sound Income Strategies LLC lifted its stake in Shopify by 82.4% during the 4th quarter. Sound Income Strategies LLC now owns 197 shares of the software maker’s stock valued at $31,000 after acquiring an additional 89 shares during the period. JPL Wealth Management LLC bought a new position in Shopify during the 3rd quarter valued at about $32,000. Caitlin John LLC bought a new position in Shopify during the 3rd quarter valued at about $36,000. Finally, Cornerstone Planning Group LLC lifted its stake in Shopify by 104.9% during the 3rd quarter. Cornerstone Planning Group LLC now owns 250 shares of the software maker’s stock valued at $37,000 after acquiring an additional 128 shares during the period. Institutional investors own 69.27% of the company’s stock.

Shopify News Roundup

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: RBC says Shopify’s fiscal Q1 results and Q2 guidance look set to beat consensus based on proprietary data, suggesting upcoming earnings could be a catalyst. Shopify Q1 Results, Q2 Outlook Seen Ahead of Consensus, RBC Says
• Positive Sentiment: CIBC reiterated an Outperform rating with a $185 target and expects Shopify to meet or beat fiscal Q1 results, reinforcing analyst conviction and upside to the stock. Can Shopify Inc. (SHOP) Double in the Next 5 Years?
• Positive Sentiment: Investor write-ups (Nightview Capital) and coverage note that Shopify’s expanding AI capabilities and new tools (like recent AI-driven product launches) add meaningful monetization and retention potential. AI Capabilities Deliver Greater Value to Shopify (SHOP)
• Positive Sentiment: Editorial bulls point to relentless revenue growth (double-digit, multi-quarter streak) and a pullback from recent highs as a buying opportunity for long-term investors. This narrative supports conviction flows into the stock. Why I Can’t Stop Buying SHOPIFY Stock
• Neutral Sentiment: Analyst roundups (Goldman Sachs, Zacks) and market commentaries are highlighting Shopify among top stock reports — supportive for sentiment but not a single decisive catalyst. The Zacks Analyst Blog The Goldman Sachs, NextEra, Shopify, Landmark and ImmuCell
• Negative Sentiment: Options flow showed heavy bearish activity before earnings (large put volumes in May strikes), indicating some traders are hedging or speculating on downside into the report — a potential short-term headwind if volatility spikes. Why Traders Just Made A Big Negative Bet On Shopify (SHOP) Before Earnings

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on SHOP shares. BMO Capital Markets set a $160.00 price objective on shares of Shopify in a research note on Thursday, February 12th. 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 note on Thursday, February 12th. Phillip Securities upgraded shares of Shopify from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 18th. Citizens Jmp lowered 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 note on Thursday, February 12th. Finally, Barclays set a $130.00 price objective on shares of Shopify and gave the stock an “equal weight” rating in a research note on Thursday, February 12th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $162.70.

Shopify Stock Up 0.6%

Shares of NASDAQ:SHOP opened at $131.96 on Thursday. The firm’s 50 day moving average price is $121.62 and its 200-day moving average price is $143.62. Shopify Inc. has a twelve month low of $88.14 and a twelve month high of $182.19. The stock has a market capitalization of $172.09 billion, a PE ratio of 141.89, a price-to-earnings-growth ratio of 4.66 and a beta of 2.82.

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.