Shopify Inc. $SHOP Stock Position Lifted by Triasima Portfolio Management inc.

Triasima Portfolio Management inc. lifted its position in Shopify Inc. (NASDAQ:SHOP) (TSE:SHOP) by 11.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 182,338 shares of the software maker’s stock after buying an additional 18,028 shares during the period. Shopify makes up about 4.4% of Triasima Portfolio Management inc.’s portfolio, making the stock its 2nd largest position. Triasima Portfolio Management inc.’s holdings in Shopify were worth $29,398,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Knights of Columbus Asset Advisors LLC acquired a new stake in Shopify in the 3rd quarter worth approximately $4,110,000. Principal Financial Group Inc. boosted its stake in Shopify by 16.3% in the 3rd quarter. Principal Financial Group Inc. now owns 450,895 shares of the software maker’s stock worth $67,006,000 after purchasing an additional 63,300 shares in the last quarter. Triton Financial Group Inc acquired a new stake in Shopify in the 3rd quarter worth approximately $1,931,000. IQ EQ FUND MANAGEMENT IRELAND Ltd boosted its stake in Shopify by 65.5% in the 3rd quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 158,514 shares of the software maker’s stock worth $23,557,000 after purchasing an additional 62,743 shares in the last quarter. Finally, TriaGen Wealth Management LLC acquired a new stake in Shopify in the 3rd quarter worth approximately $2,562,000. Hedge funds and other institutional investors own 69.27% of the company’s stock.

Shopify News Summary

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: Shopify is positioning itself at the center of “agentic commerce,” enabling merchants to sell through ChatGPT, Gemini and Copilot while building an AI-powered checkout/payments backbone — a narrative that supports long-term revenue and take-rate expansion. META vs. SHOP: Which Stock Leads the AI Commerce Revolution?
• Positive Sentiment: Analysts’ consensus target (~$162.70) sits well above the current market price, implying meaningful upside and helping lift sentiment among growth investors. Shopify Inc. (NASDAQ:SHOP) Receives $162.70 Consensus Target Price from Analysts
• Positive Sentiment: Shopify is actively pursuing money-transmitter licenses and other regulatory approvals to expand its fintech and payment offerings, which could boost margins and recurring revenue over time if approved. Shopify Seeks Regulators’ OK to Become Money Transmitter
• Positive Sentiment: Third-party partners are launching Shopify-focused AI tools (e.g., Bloomreach’s Loomi) that enhance personalization and conversion — ecosystem momentum that can amplify merchant success on the platform. Bloomreach Launches Loomi AI for Shopify
• Neutral Sentiment: Smaller integrations (e.g., reAlpha/AiChat conversational commerce) and stories about merchant use cases (vinyl sellers) highlight ecosystem activity but are unlikely to move the stock materially by themselves. reAlpha Announces AiChat Launch of Shopify Conversational Commerce Integration
• Neutral Sentiment: Articles digging into Q1 metrics and bullish retail write-ups provide detail and varied perspectives; they inform investor models but don’t change the core bull/bear case by themselves. Exploring Analyst Estimates for Shopify (SHOP) Q1 Earnings
• Negative Sentiment: An analyst who earlier issued the lone sell rating says it’s still too soon to buy after the selloff, reminding investors that valuation and execution risks remain and keeping some downside pressure on sentiment. Shopify Analyst Who Saw Selloff Coming Says It’s Too Soon to Buy
• Negative Sentiment: A reported service outage drew short-term attention to reliability risks for merchants; operational hiccups can dent near-term confidence if they recur. Is Shopify down? Shopify status after morning outage

Analysts Set New Price Targets

A number of analysts recently commented on SHOP shares. Truist Financial set a $150.00 target price on shares of Shopify and gave the stock a “buy” rating in a research note on Tuesday, February 17th. Piper Sandler initiated coverage on shares of Shopify in a research note on Thursday, March 12th. They set an “overweight” rating and a $165.00 price objective for the company. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $175.00 price objective on shares of Shopify in a research note on Thursday, February 12th. Wells Fargo & Company decreased their price objective on shares of Shopify from $191.00 to $166.00 and set an “overweight” rating for the company in a research note on Monday, April 6th. Finally, UBS Group decreased their price objective on shares of Shopify from $165.00 to $145.00 and set a “neutral” rating for the company in a research note on Thursday, February 12th. Three investment 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. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $162.46.

Shopify Stock Performance

Shares of NASDAQ SHOP opened at $127.67 on Monday. Shopify Inc. has a 12 month low of $88.14 and a 12 month high of $182.19. The company has a 50 day simple moving average of $122.49 and a two-hundred day simple moving average of $141.99. The stock has a market cap of $166.50 billion, a price-to-earnings ratio of 137.28, a PEG ratio of 4.54 and a beta of 2.64.

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.