Shopify Inc. $SHOP Position Raised by Lombard Odier Asset Management Switzerland SA

Lombard Odier Asset Management Switzerland SA increased its position in shares of Shopify Inc. (NASDAQ:SHOP) (TSE:SHOP) by 76.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 71,708 shares of the software maker’s stock after purchasing an additional 31,040 shares during the period. Lombard Odier Asset Management Switzerland SA’s holdings in Shopify were worth $11,546,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. M&T Bank Corp lifted its holdings in Shopify by 37.1% in the 4th quarter. M&T Bank Corp now owns 81,082 shares of the software maker’s stock valued at $13,051,000 after acquiring an additional 21,945 shares during the last quarter. Triasima Portfolio Management inc. raised its holdings in shares of Shopify by 11.0% in the 4th quarter. Triasima Portfolio Management inc. now owns 182,338 shares of the software maker’s stock worth $29,398,000 after purchasing an additional 18,028 shares in the last quarter. Assetmark Inc. raised its holdings in shares of Shopify by 6.7% in the 4th quarter. Assetmark Inc. now owns 213,583 shares of the software maker’s stock worth $34,380,000 after purchasing an additional 13,415 shares in the last quarter. SG Americas Securities LLC lifted its stake in Shopify by 286.6% during the fourth quarter. SG Americas Securities LLC now owns 508,723 shares of the software maker’s stock valued at $81,889,000 after purchasing an additional 377,129 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. lifted its stake in Shopify by 12.8% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 526,114 shares of the software maker’s stock valued at $84,689,000 after purchasing an additional 59,745 shares during the last quarter. Institutional investors own 69.27% of the company’s stock.

Shopify News Roundup

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: Shopify said its board authorized an additional $3 billion share repurchase, lifting the total buyback authorization to $5 billion. That signals confidence in the company’s cash generation and can support the stock by reducing share count. Is Shopify (SHOP) One of the Best Tech Stocks to Invest In on the Dip?
• Positive Sentiment: Analysts and media coverage continue to highlight Shopify’s AI retail infrastructure potential, with the company using AI tools, commerce data, and shopping-channel integrations to position itself for next-generation retail growth. Is Shopify Building the Future Infrastructure for AI Retail?
• Positive Sentiment: Coverage from Zacks and other outlets notes earnings growth and price strength, reinforcing the view that Shopify remains a stock to watch among momentum investors. Earnings Growth & Price Strength Make Shopify (SHOP) a Stock to Watch
• Neutral Sentiment: At Shopify’s 2026 annual meeting, shareholders elected all director nominees, reappointed PricewaterhouseCoopers as auditor, and approved executive compensation on an advisory basis. The company also said a shareholder proposal for an AI policy was not approved, which removes some governance uncertainty but is unlikely to be a major stock catalyst. Shopify Announces Results of its 2026 Annual Meeting of Shareholders
• Neutral Sentiment: One market commentary put a hold rating on Shopify and suggested limited downside from current levels, reflecting that the stock is still viewed as fairly valued by some observers rather than deeply mispriced. Wall Street Has 38 Buy Ratings on Shopify and One Sell. But We Disagree.
• Negative Sentiment: A shareholder proposal on an AI policy was rejected at the annual meeting, and some coverage has framed this as an ongoing governance issue, though it appears to be a secondary factor versus the buyback and growth narrative. Shopify board fighting shareholder push to create AI policy

Shopify Stock Up 0.7%

Shares of NASDAQ:SHOP opened at $113.23 on Wednesday. The company’s fifty day moving average is $113.77 and its two-hundred day moving average is $130.80. Shopify Inc. has a 12-month low of $94.00 and a 12-month high of $182.19. The company has a market cap of $146.93 billion, a P/E ratio of 112.11, a price-to-earnings-growth ratio of 3.15 and a beta of 2.60.

Shopify (NASDAQ:SHOP) (TSE:SHOP) last announced its earnings results on Tuesday, May 5th. The software maker reported $999.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $998.78. Shopify had a net margin of 10.77% and a return on equity of 12.07%. The company had revenue of $3.17 billion for the quarter, compared to the consensus estimate of $3.08 billion. Equities research analysts anticipate that Shopify Inc. will post 1.36 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the company. Wells Fargo & Company dropped their price target on Shopify from $166.00 to $144.00 and set an “overweight” rating on the stock in a report on Wednesday, May 6th. BMO Capital Markets cut their price objective on Shopify from $160.00 to $145.00 and set an “outperform” rating for the company in a research report on Wednesday, May 6th. Oppenheimer reiterated an “outperform” rating and set a $175.00 price objective on shares of Shopify in a research report on Wednesday, May 6th. Canaccord Genuity Group cut their price objective on Shopify from $165.00 to $145.00 and set a “buy” rating for the company in a research report on Wednesday, May 6th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a $170.00 price objective on shares of Shopify in a research report on Wednesday, May 6th. Two research analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $157.17.

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.