Shopify Inc. $SHOP Shares Purchased by Western Wealth Management LLC

Western Wealth Management LLC increased its stake in Shopify Inc. (NASDAQ:SHOP) (TSE:SHOP) by 94.9% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 6,745 shares of the software maker’s stock after acquiring an additional 3,284 shares during the quarter. Western Wealth Management LLC’s holdings in Shopify were worth $800,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in SHOP. Kingdom Financial Group LLC. purchased a new stake in shares of Shopify during the fourth quarter worth about $26,000. Curio Wealth LLC acquired a new stake in Shopify in the 4th quarter worth about $27,000. Evolution Wealth Management Inc. boosted its holdings in Shopify by 203.9% in the 1st quarter. Evolution Wealth Management Inc. now owns 231 shares of the software maker’s stock worth $27,000 after buying an additional 155 shares during the last quarter. Graney & King LLC purchased a new stake in Shopify during the 1st quarter worth approximately $27,000. Finally, Mowery & Schoenfeld Wealth Management LLC purchased a new stake in Shopify during the 4th quarter worth approximately $29,000. 69.27% of the stock is currently owned by institutional investors and hedge funds.

Shopify Price Performance

Shares of SHOP stock opened at $158.53 on Friday. The company has a debt-to-equity ratio of 0.01, a current ratio of 5.35 and a quick ratio of 5.35. The company has a market capitalization of $205.72 billion, a PE ratio of 107.11, a price-to-earnings-growth ratio of 3.07 and a beta of 2.58. The firm’s 50-day moving average is $122.08 and its two-hundred day moving average is $119.97. Shopify Inc. has a 12 month low of $94.00 and a 12 month high of $182.19.

Shopify (NASDAQ:SHOP) (TSE:SHOP) last posted its quarterly 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. The business had revenue of $3.58 billion during the quarter. Shopify had a net margin of 14.53% and a return on equity of 12.58%. The business’s quarterly revenue was up 33.7% on a year-over-year basis. During the same period last year, the company earned $0.69 EPS. Analysts predict that Shopify Inc. will post 1.45 earnings per share for the current year.

Wall Street Analyst Weigh In

SHOP has been the topic of several research reports. Zacks Research downgraded Shopify from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 7th. Cantor Fitzgerald boosted their price target on Shopify from $127.00 to $145.00 and gave the stock a “neutral” rating in a research report on Thursday, August 6th. Canaccord Genuity Group set a $180.00 price objective on Shopify and gave the company a “buy” rating in a research note on Wednesday, August 5th. DZ Bank lowered Shopify from a “strong-buy” rating to a “hold” rating in a report on Friday, August 7th. Finally, The Goldman Sachs Group raised their price objective on Shopify from $170.00 to $194.00 and gave the company a “buy” rating in a report on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $170.72.

More Shopify News

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: AI commerce is gaining traction. AI-generated traffic, orders and conversions on Shopify are rising, suggesting that merchants are using the platform to benefit from changing shopping and discovery habits. AI tools appear to be encouraging new business formation and strengthening Shopify’s growth outlook. Shopify’s AI-Driven Commerce Gains Momentum: A Sign of More Upside?
• Positive Sentiment: Growth compares favorably with larger peers. Uber generates substantially more revenue in absolute terms, but Shopify has delivered a considerably faster percentage growth rate, reinforcing its appeal as a high-growth software and commerce investment. Shopify vs. Uber Technologies: What Their Revenue Trends Reveal to Investors
• Positive Sentiment: The Shop app is becoming a strategic consumer channel. Shopify plans to make the app central to its 2026 holiday push, adding AI-powered product discovery and recommendations. A stronger consumer-facing app could increase merchant engagement, shopping activity and payments volume. Shopify Puts Shop App at the Center of Its 2026 Holiday Push
• Neutral Sentiment: Operational momentum is strong but valuation is demanding. Analysts point to improving monetization, gross merchandise volume, retention and free-cash-flow performance, but the stock’s elevated price-to-sales, P/E and PEG ratios leave less room for execution setbacks. Shopify: Richer Rule of 52% Underscores Accelerating SaaS Monetization Flywheel
• Negative Sentiment: Valuation and profitability risks remain. Shopify trades at a premium multiple, while margin pressure and rising credit losses could weigh on future earnings and limit upside if growth slows. Shopify Is Overvalued at 11.24X P/S

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.