Robeco Institutional Asset Management B.V. Sells 7,500 Shares of Shopify Inc. $SHOP

Robeco Institutional Asset Management B.V. lowered its position in shares of Shopify Inc. (NASDAQ:SHOP) (TSE:SHOP) by 18.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 32,500 shares of the software maker’s stock after selling 7,500 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Shopify were worth $4,820,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the company. Signal Advisors Wealth LLC raised its position in shares of Shopify by 0.5% in the 3rd quarter. Signal Advisors Wealth LLC now owns 12,589 shares of the software maker’s stock worth $1,867,000 after acquiring an additional 60 shares in the last quarter. Midway Capital Research & Management lifted its stake in shares of Shopify by 0.5% in the 3rd quarter. Midway Capital Research & Management now owns 14,008 shares of the software maker’s stock valued at $2,077,000 after purchasing an additional 65 shares during the period. Eagle Wealth Advisors LLC lifted its stake in shares of Shopify by 3.0% in the 3rd quarter. Eagle Wealth Advisors LLC now owns 2,330 shares of the software maker’s stock valued at $346,000 after purchasing an additional 67 shares during the period. Tsfg LLC boosted its position in shares of Shopify by 4.0% during the 2nd quarter. Tsfg LLC now owns 2,028 shares of the software maker’s stock valued at $232,000 after purchasing an additional 78 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB boosted its position in shares of Shopify by 5.0% during the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 1,751 shares of the software maker’s stock valued at $260,000 after purchasing an additional 83 shares in the last quarter. Institutional investors own 69.27% of the company’s stock.

Key Headlines Impacting Shopify

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: RBC raises target and reiterates bullish view: RBC Dominion Securities initiated an “outperform” rating with a $200 price target, implying approximately 18.2% upside from the referenced $169.23 price. RBC Dominion Securities raises Shopify price target
• Positive Sentiment: AI-driven commerce opportunity: Polen Capital’s Q3 2026 investor commentary identified Shopify as a potential beneficiary of “agentic commerce,” in which AI tools help consumers discover and purchase products. This supports the view that Shopify could benefit from, rather than be disrupted by, AI adoption. Shopify could benefit from AI-driven agentic commerce
• Positive Sentiment: Growth and momentum remain investor supports: Coverage highlights Shopify’s earnings growth, payments expansion, strong gross merchandise volume and 56% three-month share-price rally. Shopify’s ecosystem also continues to expand through certified technology partners such as poq and new checkout-related commerce tools. Shopify earnings growth and price strength
• Neutral Sentiment: New merchant monetization initiatives: Disco launched an advertiser-funded cashback format within Shopify checkout, reporting roughly 5% higher order conversion in pilot data. The development could improve merchant engagement and checkout monetization, although the direct financial benefit to Shopify is not yet clear. Disco launches Pre-Purchase for Shopify checkout
• Negative Sentiment: Valuation and downgrade risks: ATB Cormark downgraded Shopify to “sector perform” from “outperform” after the sharp rally, citing the stock’s substantial appreciation. Commentary also warns that Shopify’s premium valuation leaves less room for disappointment, despite strong operating growth. ATB Cormark downgrades Shopify after rally

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. Barclays set a $145.00 target price on Shopify and gave the stock an “equal weight” rating in a research note on Thursday, August 6th. Stifel Nicolaus set a $210.00 price target on Shopify and gave the company a “buy” rating in a research note on Wednesday, October 14th. Bank of America started coverage on Shopify in a report on Tuesday, July 7th. They set a “buy” rating and a $150.00 price target on the stock. BMO Capital Markets set a $165.00 price target on Shopify and gave the stock an “outperform” rating in a report on Thursday, August 6th. Finally, Piper Sandler reaffirmed an “overweight” rating on shares of Shopify in a research report on Monday, October 5th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $177.28.

Shopify Price Performance

Shares of NASDAQ SHOP opened at $168.68 on Friday. The firm’s 50-day moving average price is $150.92 and its 200-day moving average price is $130.14. Shopify Inc. has a 1-year low of $94.00 and a 1-year high of $182.19. The firm has a market capitalization of $217.03 billion, a P/E ratio of 113.97, a P/E/G ratio of 3.48 and a beta of 2.62. The company has a current ratio of 5.35, a quick ratio of 5.35 and a debt-to-equity ratio of 0.01.

Shopify (NASDAQ:SHOP) (TSE:SHOP) last released its quarterly earnings data on Wednesday, August 5th. The software maker reported $0.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.40 by $0.02. The company had revenue of $3.58 billion for the quarter. Shopify had a net margin of 14.53% and a return on equity of 12.58%. Shopify’s revenue for the quarter was up 33.7% compared to the same quarter last year. During the same period last year, the company earned $0.69 EPS. Equities research analysts anticipate that Shopify Inc. will post 1.46 earnings per share for the current fiscal year.

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.