Cooper Financial Group Has $1.15 Million Stake in Shopify Inc. $SHOP

Cooper Financial Group raised its holdings in Shopify Inc. (NASDAQ:SHOP) (TSE:SHOP) by 81.1% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 10,042 shares of the software maker’s stock after purchasing an additional 4,496 shares during the quarter. Cooper Financial Group’s holdings in Shopify were worth $1,147,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of SHOP. TBH Global Asset Management LLC increased its stake in shares of Shopify by 1.2% in the 4th quarter. TBH Global Asset Management LLC now owns 6,438 shares of the software maker’s stock worth $1,036,000 after acquiring an additional 75 shares during the last quarter. Smartleaf Asset Management LLC boosted its position in shares of Shopify by 13.9% during the 2nd quarter. Smartleaf Asset Management LLC now owns 631 shares of the software maker’s stock valued at $72,000 after acquiring an additional 77 shares during the last quarter. WealthCollab LLC boosted its position in shares of Shopify by 26.7% during the 4th quarter. WealthCollab LLC now owns 380 shares of the software maker’s stock valued at $61,000 after acquiring an additional 80 shares during the last quarter. Parr Mcknight Wealth Management Group LLC grew its holdings in shares of Shopify by 3.1% in the first quarter. Parr Mcknight Wealth Management Group LLC now owns 2,762 shares of the software maker’s stock valued at $328,000 after purchasing an additional 84 shares during the period. Finally, Founders Financial Alliance LLC grew its holdings in shares of Shopify by 5.2% in the fourth quarter. Founders Financial Alliance LLC now owns 1,768 shares of the software maker’s stock valued at $285,000 after purchasing an additional 87 shares during the period. Institutional investors and hedge funds own 69.27% of the company’s stock.

Key Headlines Impacting Shopify

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: Q2 results exceeded expectations: Shopify reported revenue of approximately $3.58 billion, up 33.7% year over year, and earnings of $0.42 per share versus consensus of $0.40. Growth was supported by strong gross merchandise volume (GMV), expanding payments penetration and improved profitability. SHOP Q2 Earnings Beat Estimates
• Positive Sentiment: Healthy forward guidance: Management expects low-30% revenue growth in the third quarter, reinforcing the view that merchant demand and platform momentum remain strong. Free-cash-flow margins of about 18% also highlighted operating leverage. Shopify Q3 Revenue Outlook
• Positive Sentiment: AI is emerging as a growth catalyst: Shopify executives said traffic and orders originating from AI platforms, including ChatGPT and Gemini, have tripled over the past year. The company is investing in agentic commerce infrastructure, suggesting AI is expanding rather than displacing Shopify’s merchant ecosystem. Shopify Executive Discusses AI and Entrepreneurship
• Positive Sentiment: Analysts raised targets: Goldman Sachs, Citigroup, JPMorgan, Wedbush, BMO and Benchmark all increased their price targets following the results, with several maintaining buy or outperform ratings. These revisions provide additional support for the rally and reflect improved growth expectations.
• Neutral Sentiment: Valuation is demanding: After the earnings-driven advance, Shopify trades at a high earnings multiple. Continued upside likely depends on the company sustaining 30%-plus growth and converting AI and GMV momentum into durable profits. Shopify Q2 Risks and Opportunities
• Negative Sentiment: Some caution remains: Cantor Fitzgerald maintained a neutral rating despite raising its target to $145, while commentary has warned that elevated expectations and the stock’s volatility could limit further gains. Cathie Wood’s reported trimming of Shopify holdings also represents a modest negative sentiment signal.

Shopify Stock Performance

Shares of SHOP stock opened at $151.57 on Friday. The firm’s 50 day moving average price is $119.29 and its 200-day moving average price is $119.81. The company has a debt-to-equity ratio of 0.01, a quick ratio of 6.20 and a current ratio of 5.35. Shopify Inc. has a one year low of $94.00 and a one year high of $182.19. The firm has a market cap of $196.69 billion, a P/E ratio of 102.41, a P/E/G ratio of 3.17 and a beta of 2.58.

Shopify (NASDAQ:SHOP) (TSE:SHOP) last posted its earnings results on Wednesday, August 5th. The software maker reported $0.42 earnings per share for the quarter, beating 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 firm had revenue of $3.58 billion during the quarter. During the same quarter last year, the business posted $0.69 EPS. The firm’s revenue for the quarter was up 33.7% on a year-over-year basis. As a group, equities research analysts predict that Shopify Inc. will post 1.4 EPS for the current year.

Analysts Set New Price Targets

SHOP has been the topic of a number of analyst reports. Benchmark lifted their target price on shares of Shopify from $145.00 to $170.00 and gave the stock a “buy” rating in a research note on Thursday. Citigroup reissued an “outperform” rating on shares of Shopify in a research note on Thursday. Jefferies Financial Group restated a “buy” rating and set a $175.00 price target on shares of Shopify in a report on Wednesday. Royal Bank Of Canada set a $180.00 price objective on Shopify and gave the company an “outperform” rating in a report on Thursday. Finally, The Goldman Sachs Group increased their price objective on Shopify from $170.00 to $194.00 and gave the stock a “buy” rating in a research report on Thursday. Three analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $170.72.

About Shopify

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.