International Assets Investment Management LLC Acquires 4,144 Shares of Shopify Inc. $SHOP

International Assets Investment Management LLC lifted its holdings in shares of Shopify Inc. (NASDAQ:SHOP) (TSE:SHOP) by 28.5% in the 1st quarter, Holdings Channel reports. The institutional investor owned 18,703 shares of the software maker’s stock after acquiring an additional 4,144 shares during the period. International Assets Investment Management LLC’s holdings in Shopify were worth $2,217,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of SHOP. Norges Bank bought a new position in Shopify in the fourth quarter valued at approximately $2,611,797,000. Sands Capital Management LLC raised its position in shares of Shopify by 37.0% during the 4th quarter. Sands Capital Management LLC now owns 9,506,036 shares of the software maker’s stock valued at $1,530,187,000 after acquiring an additional 2,568,765 shares during the last quarter. Invesco Ltd. lifted 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 during the period. Thrivent Financial for Lutherans lifted 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 during the period. Finally, Select Equity Group L.P. lifted its stake in shares of Shopify by 92.5% in 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 period. 69.27% of the stock is owned by institutional investors.

More Shopify News

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: Bank of America said Shopify is a major AI winner, reinforcing the view that the company could benefit as merchants adopt AI tools to improve sales, marketing, and checkout performance. Bank of America argues Shopify is a major AI winner
• Positive Sentiment: Zacks upgraded Shopify from hold to strong-buy, and other research notes highlighted earnings growth and price strength, adding to bullish sentiment around the stock. Earnings Growth & Price Strength Make Shopify (SHOP) a Stock to Watch
• Neutral Sentiment: Shopify is also showing up on trending-stock lists and analyst-call roundups, suggesting elevated investor attention, but these items are more about visibility than a direct business catalyst. Shopify Inc. (SHOP) Is a Trending Stock
• Neutral Sentiment: Investors are also watching for Shopify’s Q2 2026 results on August 5, which could become a bigger driver once earnings are closer. This Week In E-Commerce – Shopify’s Q2 2026 Financial Results Announcement Insights
• Negative Sentiment: Shopify remains a richly valued stock, with several recent articles questioning whether the current price is hard to justify, which may limit upside and keep volatility high. Shopify: Great Company, Impossible Valuation
• Negative Sentiment: There was also recent weakness in the broader tech market, and Shopify had already declined in a prior session, showing that macro pressure and high valuation can still weigh on the shares. HubSpot, Q2 Holdings, and Shopify Shares Plummet, What You Need To Know

Shopify Stock Performance

NASDAQ:SHOP opened at $122.54 on Monday. Shopify Inc. has a 1 year low of $94.00 and a 1 year high of $182.19. The stock has a 50-day moving average price of $111.12 and a two-hundred day moving average price of $124.93. The stock has a market cap of $159.02 billion, a price-to-earnings ratio of 121.33, a PEG ratio of 2.66 and a beta of 2.58.

Analyst Ratings Changes

A number of equities research analysts recently commented on SHOP shares. Stifel Nicolaus set a $150.00 price objective on Shopify and gave the stock a “buy” rating in a research note on Thursday. Royal Bank Of Canada restated an “outperform” rating and set a $170.00 target price on shares of Shopify in a report on Wednesday, May 6th. Morgan Stanley lowered Shopify from an “overweight” rating to a “buy” rating in a research report on Monday. Susquehanna began coverage on Shopify in a research note on Friday. They issued a “neutral” rating for the company. Finally, UBS Group reiterated a “neutral” rating on shares of Shopify in a research report on Thursday, May 28th. Three research analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat.com, Shopify presently has an average rating of “Moderate Buy” and a consensus price target of $157.58.

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.