Shopify Inc. $SHOP Shares Sold by Mufg Securities Canada LTD.

Mufg Securities Canada LTD. decreased its position in shares of Shopify Inc. (NASDAQ:SHOP) (TSE:SHOP) by 2.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,019,572 shares of the software maker’s stock after selling 45,554 shares during the quarter. Shopify accounts for about 8.4% of Mufg Securities Canada LTD.’s holdings, making the stock its 2nd biggest position. Mufg Securities Canada LTD.’s holdings in Shopify were worth $300,005,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of SHOP. Aviso Financial Inc. boosted its position in Shopify by 6.1% during the third quarter. Aviso Financial Inc. now owns 45,491 shares of the software maker’s stock worth $6,759,000 after purchasing an additional 2,612 shares in the last quarter. Cache Advisors LLC purchased a new stake in shares of Shopify in the 3rd quarter worth about $1,268,000. Trivium Point Advisory LLC acquired a new stake in Shopify in the 3rd quarter valued at about $460,000. Harvest Portfolios Group Inc. acquired a new stake in Shopify in the 3rd quarter valued at about $14,510,000. Finally, Ninepoint Partners LP purchased a new position in Shopify during the 3rd quarter valued at about $6,303,000. 69.27% of the stock is owned by hedge funds and other institutional investors.

Shopify Stock Down 4.1%

Shares of NASDAQ:SHOP opened at $120.73 on Friday. The company has a market cap of $157.17 billion, a P/E ratio of 129.82, a P/E/G ratio of 4.40 and a beta of 2.83. The business has a fifty day simple moving average of $141.56 and a 200-day simple moving average of $149.63. Shopify Inc. has a 52 week low of $69.84 and a 52 week high of $182.19.

More Shopify News

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: Large buyback and AI roadmap — Shopify announced a US$2 billion share buyback and introduced agentic storefronts plus the Universal Commerce Protocol, signaling aggressive capital return and a push to embed AI into merchants’ stacks, which can support revenue and margin expansion over time. Shopify Buyback And AI Push Test Valuation And Growth Expectations
• Positive Sentiment: GMV growth and AI integration — Portfolio commentary and independent coverage point to reaccelerating GMV coupled with deeper AI integration, reinforcing the case that product-led improvements are translating into merchant activity and payment/fulfillment revenue. Shopify (SHOP) GMV Growth Reaccelerates as AI Integration Strengthens Investment Case
• Neutral Sentiment: Industry AI tooling evolution — Third‑party AI imaging and product-fidelity advances (Rewarx Studio) highlight broader e‑commerce tooling improvements that benefit platforms like Shopify indirectly; helpful for merchant UX but not an immediate revenue catalyst. How Rewarx Studio AI is Solving the Fidelity Crisis in AI Product Photography: A Data-Driven Leap Across Global E-commerce Brands
• Neutral Sentiment: Investor interest and coverage — Multiple retail analyst/coverage pieces (Zacks, Seeking Alpha comparisons) are driving attention and search volume; these increase liquidity and volatility but offer mixed buy/sell signals. Is Trending Stock Shopify Inc. (SHOP) a Buy Now?
• Negative Sentiment: Analyst price-target cut and valuation pressure — Jefferies lowered its price target (from $160 to $125), citing softer software-sector multiples and valuation risk; with SHOP trading well above its 52‑week low and still a high P/E, this weighs on near-term sentiment. Shopify Inc’s (SHOP) Target Price Lowered Amid Lower Software Valuation Concerns
• Negative Sentiment: Profit-taking after recent run and technicals — The stock’s drop comes amid a recent run-up, lower intraday volume versus average, and price sitting below its 50- and 200-day moving averages, which can trigger momentum-driven selling. Why Shopify (SHOP) Stock Is Up Today

Analyst Ratings Changes

A number of brokerages have issued reports on SHOP. JPMorgan Chase & Co. upped their price target on shares of Shopify from $179.00 to $180.00 and gave the company an “overweight” rating in a report on Wednesday, November 5th. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Shopify in a research note on Wednesday, November 5th. Citigroup reaffirmed a “buy” rating and issued a $172.00 target price (down from $195.00) on shares of Shopify in a research note on Friday, February 13th. Jefferies Financial Group set a $125.00 target price on Shopify and gave the company a “hold” rating in a report on Monday, February 16th. Finally, Cantor Fitzgerald reissued a “neutral” rating and set a $126.00 price target (down from $181.00) on shares of Shopify in a research report on Thursday, February 12th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $162.64.

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.