Privium Fund Management B.V. Trims Stock Position in Shopify Inc. $SHOP

Privium Fund Management B.V. lessened its position in Shopify Inc. (NASDAQ:SHOP) (TSE:SHOP) by 1.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 410,000 shares of the software maker’s stock after selling 5,000 shares during the quarter. Shopify accounts for approximately 12.2% of Privium Fund Management B.V.’s portfolio, making the stock its 2nd largest holding. Privium Fund Management B.V.’s holdings in Shopify were worth $65,998,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in SHOP. Mowery & Schoenfeld Wealth Management LLC bought a new position in shares of Shopify during the fourth quarter valued at about $29,000. Lodestone Wealth Management LLC bought a new position in shares of Shopify during the fourth quarter valued at about $31,000. Sound Income Strategies LLC grew its stake in shares of Shopify by 82.4% during the fourth quarter. Sound Income Strategies LLC now owns 197 shares of the software maker’s stock valued at $31,000 after buying an additional 89 shares during the last quarter. JPL Wealth Management LLC bought a new position in shares of Shopify during the third quarter valued at about $32,000. Finally, Caitlin John LLC bought a new position in shares of Shopify during the third quarter valued at about $36,000. Institutional investors own 69.27% of the company’s stock.

Shopify Trading Down 16.3%

Shopify stock opened at $106.78 on Wednesday. The firm has a 50-day moving average of $122.10 and a 200-day moving average of $141.64. The firm has a market cap of $139.25 billion, a P/E ratio of 114.82, a P/E/G ratio of 4.53 and a beta of 2.64. Shopify Inc. has a 1-year low of $88.14 and a 1-year high of $182.19.

Shopify (NASDAQ:SHOP) (TSE:SHOP) last posted its earnings results on Tuesday, May 5th. The software maker reported $999.00 earnings per share for the quarter, topping analysts’ consensus estimates of $0.22 by $998.78. Shopify had a net margin of 10.65% and a return on equity of 11.52%. Research analysts forecast that Shopify Inc. will post 1.36 earnings per share for the current fiscal year.

Shopify News Summary

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: Q1 beat — Shopify reported strong top‑line results (about 34% revenue growth) and an earnings beat, plus management highlighted GMV momentum. These results confirm ongoing demand on the platform and validate monetization levers. GlobeNewswire: Shopify Delivers Again
• Positive Sentiment: AI/commerce tailwinds — Management said AI-driven traffic and orders jumped materially (AI traffic grew ~8x Y/Y; AI-driven orders rose sharply), reinforcing Shopify’s advantage integrating new selling channels. PYMNTS: AI Drove Orders on Shopify Up 13 Times
• Positive Sentiment: Analyst support — Needham reaffirmed a “buy” rating and keeps a $180 price target, signaling some analysts view the pullback as an opportunity. Benzinga: Needham Reaffirms Buy
• Neutral Sentiment: Guidance mixed/in‑line — Shopify provided Q2 revenue guidance roughly in line with consensus ($3.4B–$3.5B) but the company signaled a deceleration versus recent growth rates; that leaves room for upside if execution improves but reduces near‑term certainty. Yahoo Finance: Q1 Earnings Call Summary
• Negative Sentiment: Profitability and operating outlook disappointed — despite revenue strength, Shopify missed on operating profit expectations and reported a sizeable (though narrowed) loss; margin/headcount/cost commentary signaled rising near‑term expenses that hurt investor sentiment. WSJ: Loss Narrows as Revenue Climbs
• Negative Sentiment: Market reaction — Traders focused on the softer forward commentary and growth slowdown risk, driving heavy selling and a sharp intraday drop; analysts and commentators highlighted uncertainty around future sales drivers despite the beat. Globe and Mail: Shares Dive on Softened Outlook
• Negative Sentiment: Market commentary / video breakdowns emphasize guidance risk — Analysts and market commentators (including post‑earnings video coverage) said the beat wasn’t enough to offset concerns about slowing revenue growth and margin pressure, which amplified the selloff. YouTube: SHOP Drops After Earnings Beat

Analysts Set New Price Targets

A number of research analysts have recently issued reports on SHOP shares. Wells Fargo & Company reduced their price objective on Shopify from $191.00 to $166.00 and set an “overweight” rating on the stock in a research note on Monday, April 6th. Robert W. Baird set a $160.00 price objective on Shopify in a research note on Thursday, February 12th. Citigroup reaffirmed a “buy” rating and set a $163.00 price objective (down from $172.00) on shares of Shopify in a research note on Tuesday, April 28th. BMO Capital Markets set a $160.00 price objective on Shopify in a research note on Thursday, February 12th. Finally, Phillip Securities raised Shopify from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 18th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-two have given a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $163.50.

Shopify Company 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.