Shopify Inc. $SHOP Shares Acquired by Bank Julius Baer & Co. Ltd Zurich

Bank Julius Baer & Co. Ltd Zurich increased its position in Shopify Inc. (NASDAQ:SHOP) (TSE:SHOP) by 211.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 85,271 shares of the software maker’s stock after buying an additional 57,906 shares during the quarter. Bank Julius Baer & Co. Ltd Zurich’s holdings in Shopify were worth $13,793,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SHOP. Jennison Associates LLC increased its position in Shopify by 64.3% during the 3rd quarter. Jennison Associates LLC now owns 18,923,431 shares of the software maker’s stock worth $2,812,211,000 after purchasing an additional 7,403,821 shares in the last quarter. Select Equity Group L.P. raised its position in Shopify by 92.5% in the second 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. Massachusetts Financial Services Co. MA lifted its stake in shares of Shopify by 21.3% during the third quarter. Massachusetts Financial Services Co. MA now owns 5,536,825 shares of the software maker’s stock worth $822,828,000 after purchasing an additional 973,132 shares in the last quarter. Steadfast Capital Management LP acquired a new stake in shares of Shopify in the third quarter valued at about $140,930,000. Finally, Vanguard Group Inc. lifted its position in Shopify by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 50,670,627 shares of the software maker’s stock worth $8,158,643,000 after acquiring an additional 743,803 shares in the last quarter. Institutional investors and hedge funds own 69.27% of the company’s stock.

Trending Headlines about Shopify

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: Thrive Capital reportedly invested about $100 million in Shopify, a vote of confidence in the company’s AI strategy and long-term commerce opportunity. Thrive Capital Bets $100 Million on Shopify’s AI Future
• Positive Sentiment: Analysts and commentators highlighted Shopify’s accelerating growth, strong revenue expansion, and AI-driven merchant tools, suggesting the company may still have meaningful upside if execution remains strong. Shopify: Growth Acceleration (Rating Upgrade)
• Positive Sentiment: Management said Q1 demand was supported by rapid adoption of AI products, international growth, and momentum with larger enterprise merchants, reinforcing the bullish case around Shopify’s platform and AI integration. Shopify’s Q1 Earnings Call: Our Top 5 Analyst Questions
• Neutral Sentiment: EZ Texting launched a Shopify App Store integration, adding another marketing tool for merchants, but the announcement appears incremental rather than material on its own. EZ Texting Expands into Shopify App Store
• Neutral Sentiment: Jim Cramer said he does not view Shopify as an “AI displacement victim,” implying some of the selloff may have been overdone, but this is more commentary than a new catalyst. Jim Cramer on Shopify: “I Don’t Believe It’s an Actual AI Displacement Victim”
• Negative Sentiment: Investors remain concerned about Shopify’s valuation and recent share-price weakness, with some articles noting the stock has faced heavy selling pressure despite solid business growth. Wall Street Sees 45% Upside in This Overlooked Tech Stock. Here’s Why It’s Wrong.
• Negative Sentiment: A U.S. court allowed key antitrust claims against Shopify to proceed, keeping regulatory and legal overhangs in focus even though no liability has been determined. Shopify Antitrust Case Moves Forward Keeping Platform Power In Focus

Shopify Trading Up 2.1%

Shares of SHOP opened at $97.42 on Friday. Shopify Inc. has a 52 week low of $94.00 and a 52 week high of $182.19. The firm has a market cap of $126.42 billion, a price-to-earnings ratio of 96.46, a PEG ratio of 2.67 and a beta of 2.64. The stock has a 50 day moving average of $119.70 and a 200-day moving average of $138.67.

Shopify (NASDAQ:SHOP) (TSE:SHOP) last announced its quarterly earnings data on Tuesday, May 5th. The software maker reported $999.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.22 by $998.78. The firm had revenue of $3.17 billion for the quarter, compared to analysts’ expectations of $3.08 billion. Shopify had a return on equity of 12.07% and a net margin of 10.77%. On average, sell-side analysts predict that Shopify Inc. will post 1.36 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on SHOP. Arete Research set a $175.00 price objective on shares of Shopify in a research report on Monday, February 2nd. Wells Fargo & Company lowered their price target on shares of Shopify from $166.00 to $144.00 and set an “overweight” rating for the company in a report on Wednesday, May 6th. Benchmark dropped their price target on shares of Shopify from $195.00 to $145.00 and set a “buy” rating on the stock in a research note on Tuesday, February 10th. DZ Bank upgraded shares of Shopify from a “hold” rating to a “strong-buy” rating in a report on Monday, February 16th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $180.00 price objective on shares of Shopify in a research report on Tuesday, May 5th. Two research analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $158.42.

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.