Shopify Inc. $SHOP Stock Position Lessened by Americana Partners LLC

Americana Partners LLC cut its holdings in shares of Shopify Inc. (NASDAQ:SHOP) (TSE:SHOP) by 10.1% during the third quarter, Holdings Channel reports. The fund owned 48,229 shares of the software maker’s stock after selling 5,393 shares during the period. Americana Partners LLC’s holdings in Shopify were worth $7,152,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of SHOP. Swiss National Bank boosted its holdings in Shopify by 27.0% in the first quarter. Swiss National Bank now owns 4,115,300 shares of the software maker’s stock valued at $487,580,000 after acquiring an additional 876,100 shares during the last quarter. The Manufacturers Life Insurance Company raised its holdings in shares of Shopify by 8.5% during the first quarter. The Manufacturers Life Insurance Company now owns 8,418,903 shares of the software maker’s stock worth $998,137,000 after acquiring an additional 660,198 shares during the period. Bank of Nova Scotia boosted its stake in Shopify by 24.2% in the 1st quarter. Bank of Nova Scotia now owns 3,196,004 shares of the software maker’s stock worth $379,111,000 after purchasing an additional 621,893 shares during the period. Nykredit A S acquired a new position in Shopify in the 2nd quarter worth $41,959,000. Finally, HB Wealth Management LLC lifted its holdings in shares of Shopify by 2,377.7% in the second quarter. HB Wealth Management LLC now owns 282,009 shares of the software maker’s stock valued at $32,200,000 after purchasing an additional 270,627 shares in the last quarter. 69.27% of the stock is owned by institutional investors.

Trending Headlines about Shopify

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: Condé Nast is bringing curated product selections from Vogue, GQ and other brands to Shopify’s Shop app. The partnership could increase consumer engagement, product discovery and transaction volume. Condé Nast brings product picks to Shop app
• Positive Sentiment: Shopify is broadening access to AI agents that can support commerce activity, while third-party platforms such as DRINKS are using Shopify technology to enable multi-supplier digital alcohol sales. These developments support Shopify’s positioning in AI-enabled commerce. NCR Voyix Scoops up Bruster’s; Shopify Broadens AI Agent Access
• Positive Sentiment: Shopify POS was named an overall leader in a 2026 small-business point-of-sale scorecard, reinforcing the company’s competitive position beyond its core online-store platform. 2026 Small Business POS System Scorecard
• Positive Sentiment: Analysis highlights a reported 97% retention rate among merchants that reach $10 million in annual gross merchandise volume, supporting recurring revenue and expansion potential despite competition from Adobe and Commerce.com. Can Shopify’s Strong Merchant Retention Sustain Revenue Growth?
• Neutral Sentiment: Heavy investor searches and a bullish options strategy indicate heightened attention and an optimistic trading bias, but neither provides evidence of improved fundamentals. Investors Heavily Search Shopify
• Negative Sentiment: Pre-earnings coverage warns that Shopify’s strong sales growth may be offset by higher AI investment and margin pressure. With the stock trading at a premium valuation, investors may be demanding continued earnings and profit improvement. Shopify’s Booming Sales Come With a Costly Catch

Shopify Price Performance

NASDAQ:SHOP opened at $157.49 on Friday. Shopify Inc. has a one year low of $94.00 and a one year high of $180.88. The company has a market cap of $202.63 billion, a P/E ratio of 134.59, a P/E/G ratio of 3.45 and a beta of 2.62. The firm’s fifty day moving average price is $152.78 and its two-hundred day moving average price is $130.26. The company has a debt-to-equity ratio of 0.01, a current ratio of 5.35 and a quick ratio of 5.35.

Shopify (NASDAQ:SHOP) (TSE:SHOP) last posted its quarterly earnings data on Wednesday, August 5th. The software maker reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.02. Shopify had a return on equity of 12.58% and a net margin of 14.53%. The firm had revenue of $3.58 billion for the quarter. During the same quarter in the previous year, the business earned $0.69 EPS. The firm’s quarterly revenue was up 33.7% on a year-over-year basis. Equities analysts expect that Shopify Inc. will post 1.46 earnings per share for the current year.

Analyst Upgrades and Downgrades

SHOP has been the topic of several research reports. Oppenheimer restated an “outperform” rating and issued a $205.00 target price (up from $175.00) on shares of Shopify in a research note on Friday, October 23rd. Canaccord Genuity Group set a $180.00 target price on shares of Shopify and gave the stock a “buy” rating in a report on Wednesday, August 5th. National Bank Financial reiterated an “outperform” rating and issued a $180.00 price target (up from $155.00) on shares of Shopify in a research note on Wednesday, August 5th. Wells Fargo & Company reissued an “overweight” rating and set a $180.00 price target (up from $144.00) on shares of Shopify in a research report on Friday, August 7th. Finally, The Goldman Sachs Group raised their price objective on Shopify from $170.00 to $194.00 and gave the company a “buy” rating in a report on Thursday, August 6th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-six have issued a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $177.79.

Shopify Profile

Shopify Inc is a commerce technology company that provides tools for businesses of various sizes to start, operate and grow online and in physical retail environments. Its platform supports online storefronts, product and inventory management, order processing, marketing, analytics and customer engagement.

The company offers subscription-based plans and merchant solutions, including Shopify Payments, Shopify POS, Shopify Capital and tools for shipping, checkout and fulfillment. Shopify also supports sales through multiple channels, such as merchants’ own websites, mobile devices, social media and third-party marketplaces.

Shopify was founded in 2006 by Tobias Lütke, Daniel Weinand and Scott Lake after the founders developed an online store for snowboarding equipment.