Ninety One UK Ltd Makes New $583,000 Investment in Shopify Inc. $SHOP

Ninety One UK Ltd bought a new stake in shares of Shopify Inc. (NASDAQ:SHOP) (TSE:SHOP) in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 3,921 shares of the software maker’s stock, valued at approximately $583,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Formuepleje A S acquired a new position in shares of Shopify in the 3rd quarter valued at about $1,042,000. Fortitude Family Office LLC bought a new stake in shares of Shopify during the 3rd quarter valued at about $29,000. Seelaus Asset Management LLC raised its stake in Shopify by 16.1% during the third quarter. Seelaus Asset Management LLC now owns 5,865 shares of the software maker’s stock worth $870,000 after acquiring an additional 815 shares during the period. Henry James International Management Inc. raised its stake in Shopify by 15.3% during the third quarter. Henry James International Management Inc. now owns 97,550 shares of the software maker’s stock worth $14,467,000 after acquiring an additional 12,978 shares during the period. Finally, Generate Investment Management Ltd acquired a new stake in Shopify during the third quarter worth about $409,000. Institutional investors own 69.27% of the company’s stock.

Shopify Stock Performance

Shares of SHOP opened at $178.14 on Friday. Shopify Inc. has a 1 year low of $94.00 and a 1 year high of $182.19. The company has a market cap of $229.20 billion, a price-to-earnings ratio of 120.36, a price-to-earnings-growth ratio of 3.56 and a beta of 2.62. The company has a debt-to-equity ratio of 0.01, a quick ratio of 5.35 and a current ratio of 5.35. The firm has a fifty day moving average of $148.86 and a 200-day moving average of $127.95.

Shopify (NASDAQ:SHOP) (TSE:SHOP) last released its quarterly earnings results on Wednesday, August 5th. The software maker reported $0.42 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 business had revenue of $3.58 billion during the quarter. During the same quarter in the prior year, the company posted $0.69 EPS. The firm’s revenue was up 33.7% on a year-over-year basis. As a group, equities analysts anticipate that Shopify Inc. will post 1.46 earnings per share for the current year.

Wall Street Analysts Forecast Growth

SHOP has been the topic of a number of recent research reports. Zacks Research cut shares of Shopify from a “strong-buy” rating to a “hold” rating in a report on Friday, August 7th. DA Davidson set a $200.00 target price on Shopify and gave the company a “buy” rating in a report on Thursday, August 6th. Weiss Ratings raised Shopify from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, August 17th. Stifel Nicolaus set a $210.00 price target on Shopify and gave the stock a “buy” rating in a research report on Wednesday. Finally, Deutsche Bank Aktiengesellschaft increased their price target on Shopify from $175.00 to $185.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-six have given a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $175.37.

Shopify News Roundup

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: Analyst targets point to further upside. Robert W. Baird raised its price target from $160 to $190 and maintained an “outperform” rating. Jefferies also sees potential gross merchandise volume upside, supporting optimism ahead of Shopify’s next earnings report. Analyst targets and earnings outlook
• Positive Sentiment: AI commerce is strengthening Shopify’s growth narrative. Analysts are highlighting Shopify’s payments network, Shop Pay, and integrations that allow third-party AI agents—including Meta’s Muse—to complete purchases across Shopify merchants. The company’s second-quarter gross merchandise volume rose 32% year over year to $116 billion, adding to expectations for continued momentum. Shopify AI commerce infrastructure
• Positive Sentiment: Strong recent performance and cash generation are attracting holders. Shopify has gained substantially since mid-July, while commentary points to an approximately 18% free-cash-flow margin and a business that is materially larger than at its prior record close. These factors support the long-term bull case, although they may also encourage profit-taking. Shopify free cash flow margin
• Neutral Sentiment: Shopify’s API update creates implementation work for merchants and app developers. Changes affecting checkout data, metafield filters, shipping rates, and tax recalculation could require updates to custom apps and integrations. The changes are unlikely to alter Shopify’s long-term outlook but may create short-term friction. Shopify October API update
• Negative Sentiment: Valuation and caution from some analysts remain risks. A Seeking Alpha downgrade recommended waiting for a better entry point after the sharp rally. With Shopify trading at a high earnings multiple, disappointing guidance or weaker-than-expected holiday-commerce results could trigger a pullback. Shopify valuation downgrade

About Shopify

Shopify Inc is a commerce technology company that provides tools for businesses to start, operate and grow online and in physical retail environments. Its platform enables merchants to create and manage online stores, sell through multiple channels, process orders and payments, manage inventory and engage with customers.

Shopify’s products and services include its core commerce platform, Shopify Plus for larger businesses, Shopify Payments, Shop Pay, point-of-sale solutions and tools for marketing, shipping, analytics and customer management.