Rep. Jonathan L. Jackson Sells Off Shares of Shopify Inc. (NASDAQ:SHOP)

Representative Jonathan L. Jackson (Democratic-Illinois) recently sold shares of Shopify Inc. (NASDAQ:SHOP). In a filing disclosed on March 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in Shopify stock on February 3rd. The trade occurred in the Representative’s “MORGAN STANLEY IRA” account.

Representative Jonathan L. Jackson also recently made the following trade(s):

• Sold $50,001 – $100,000 in shares of International Business Machines (NYSE:IBM) on 2/17/2026.
• Purchased $1,001 – $15,000 in shares of BNY (NYSE:BK) on 2/17/2026.
• Sold $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 2/17/2026.
• Purchased $50,001 – $100,000 in shares of BNY (NYSE:BK) on 2/17/2026.
• Purchased $1,001 – $15,000 in shares of Citigroup (NYSE:C) on 2/11/2026.
• Sold $1,001 – $15,000 in shares of Tenet Healthcare (NYSE:THC) on 2/11/2026.
• Purchased $1,001 – $15,000 in shares of Welltower (NYSE:WELL) on 2/11/2026.
• Sold $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 2/11/2026.
• Purchased $50,001 – $100,000 in shares of Citigroup (NYSE:C) on 2/5/2026.
• Purchased $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 2/5/2026.

Shopify Price Performance

Shares of NASDAQ SHOP opened at $111.85 on Monday. Shopify Inc. has a 12 month low of $69.84 and a 12 month high of $182.19. The company has a market cap of $145.86 billion, a price-to-earnings ratio of 120.27, a P/E/G ratio of 3.96 and a beta of 2.83. The business has a fifty day simple moving average of $125.10 and a 200-day simple moving average of $147.13.

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Shopify in a research report on Friday. Needham & Company LLC reaffirmed a “buy” rating and set a $180.00 price objective on shares of Shopify in a research report on Thursday, February 12th. Stifel Nicolaus set a $115.00 target price on Shopify and gave the stock a “hold” rating in a research report on Wednesday, February 11th. Mizuho raised Shopify from a “neutral” rating to an “outperform” rating and set a $150.00 price objective on the stock in a report on Thursday, February 12th. Finally, Phillip Securities upgraded Shopify from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 18th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat.com, Shopify presently has an average rating of “Moderate Buy” and a consensus price target of $163.38.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Kingdom Financial Group LLC. bought a new position in shares of Shopify during the fourth quarter worth $26,000. Curio Wealth LLC acquired a new position in Shopify in the fourth quarter valued at about $27,000. Mowery & Schoenfeld Wealth Management LLC bought a new stake in shares of Shopify in the fourth quarter worth about $29,000. Heartwood Wealth Advisors LLC acquired a new stake in shares of Shopify during the third quarter worth about $27,000. Finally, Lloyd Advisory Services LLC. acquired a new stake in shares of Shopify during the fourth quarter worth about $31,000. 69.27% of the stock is owned by institutional investors.

About Representative Jackson

Jonathan Jackson (Democratic Party) is a member of the U.S. House, representing Illinois’ 1st Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Jackson (Democratic Party) is running for re-election to the U.S. House to represent Illinois’ 1st Congressional District. He declared candidacy for the 2026 election.

Jonathan Jackson was born in Chicago, Illinois. Jackson graduated from Whitney Young High School. He earned an M.B.A. from Northwestern University. Jackson’s career experience includes working as an investment analyst and an entrepreneur.

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.