22,634 Shares in Shopify Inc. $SHOP Bought by Investment Insight Wealth Management LLC

Investment Insight Wealth Management LLC bought a new stake in shares of Shopify Inc. (NASDAQ:SHOP) (TSE:SHOP) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 22,634 shares of the software maker’s stock, valued at approximately $3,643,000. Shopify makes up approximately 3.6% of Investment Insight Wealth Management LLC’s portfolio, making the stock its 8th largest position.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Kingdom Financial Group LLC. bought a new position in shares of Shopify during the 4th quarter valued at about $26,000. Curio Wealth LLC bought a new stake in shares of Shopify in the fourth quarter worth about $27,000. Mowery & Schoenfeld Wealth Management LLC bought a new stake in shares of Shopify in the fourth quarter worth about $29,000. Lodestone Wealth Management LLC purchased a new stake in shares of Shopify in the fourth quarter worth about $31,000. Finally, Sound Income Strategies LLC lifted its position in shares of Shopify by 82.4% in the fourth quarter. Sound Income Strategies LLC now owns 197 shares of the software maker’s stock worth $31,000 after buying an additional 89 shares in the last quarter. 69.27% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on SHOP. Needham & Company LLC reissued a “buy” rating and set a $180.00 price target on shares of Shopify in a research note on Tuesday, May 5th. Royal Bank Of Canada reiterated an “outperform” rating and set a $170.00 target price on shares of Shopify in a research report on Wednesday, May 6th. Oppenheimer reissued an “outperform” rating and issued a $175.00 target price on shares of Shopify in a report on Wednesday, May 6th. Barclays set a $126.00 price target on shares of Shopify and gave the stock an “equal weight” rating in a research report on Wednesday, May 6th. Finally, BMO Capital Markets decreased their price target on shares of Shopify from $160.00 to $145.00 and set an “outperform” rating on the stock in a research note on Wednesday, May 6th. Two research analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $157.17.

Shopify Price Performance

Shares of SHOP stock opened at $108.85 on Friday. Shopify Inc. has a 1 year low of $94.00 and a 1 year high of $182.19. The stock’s 50 day simple moving average is $113.40 and its two-hundred day simple moving average is $130.09. The company has a market cap of $141.25 billion, a PE ratio of 107.77, a price-to-earnings-growth ratio of 3.03 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 EPS for the quarter, topping analysts’ consensus estimates of $0.22 by $998.78. The firm had revenue of $3.17 billion during the quarter, compared to analysts’ expectations of $3.08 billion. Shopify had a return on equity of 12.07% and a net margin of 10.77%. Equities research analysts expect that Shopify Inc. will post 1.36 EPS for the current year.

Shopify News Summary

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: Shopify reaffirmed shareholder support at its 2026 annual meeting, with management proposals approved, all director nominees elected, and investors backing the company’s current AI strategy by rejecting a separate AI policy proposal. Shopify (SHOP) Backs Management At 2026 Meeting As Shareholders Reject AI Policy
• Positive Sentiment: Shopify’s expanded US$5 billion share repurchase authorization signals confidence from the board and provides a potential source of support for the stock. What Shopify (SHOP)’s US$5 Billion Buyback and AI Commerce Push Means For Shareholders
• Positive Sentiment: New app ecosystem releases from partners like Bloomreach and Loox highlight continued merchant demand for Shopify-related tools, reinforcing platform engagement and developer activity. New Sidekick Extension in Loomi for Shopify Gives Merchants Instant Search Ranking Visibility
• Neutral Sentiment: Analysts continue to rate Shopify around “Moderate Buy,” suggesting a generally constructive but not overly bullish Street view. Shopify Inc. (NASDAQ:SHOP) Given Average Rating of “Moderate Buy” by Analysts
• Neutral Sentiment: Shopify also disclosed results from its 2026 annual shareholder meeting, another event that mainly confirms governance and capital-allocation decisions already in focus. Shopify Inc.: Shopify Announces Results of its 2026 Annual Meeting of Shareholders
• Negative Sentiment: Shopify stock fell notably as part of a broader market move, with investor sentiment likely weighed by the recent decline rather than a single negative operating headline. Shopify (SHOP) Declines More Than Market: Some Information for Investors

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.