5,819 Shares in Shopify Inc. $SHOP Acquired by Runnymede Capital Advisors Inc.

Runnymede Capital Advisors Inc. acquired a new stake in Shopify Inc. (NASDAQ:SHOP) (TSE:SHOP) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 5,819 shares of the software maker’s stock, valued at approximately $937,000.

Several other institutional investors and hedge funds have also bought and sold shares of SHOP. Heartwood Wealth Advisors LLC bought a new stake in shares of Shopify in the third quarter valued at $27,000. Lodestone Wealth Management LLC purchased a new position in shares of Shopify during the 4th quarter valued at $31,000. Sound Income Strategies LLC grew its stake in shares of Shopify by 82.4% during the 4th quarter. Sound Income Strategies LLC now owns 197 shares of the software maker’s stock worth $31,000 after acquiring an additional 89 shares during the period. JPL Wealth Management LLC purchased a new stake in Shopify in the 3rd quarter worth about $32,000. Finally, Caitlin John LLC purchased a new stake in Shopify in the 3rd quarter worth about $36,000. 69.27% of the stock is owned by institutional investors.

Trending Headlines about Shopify

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: Strong Q2 metrics and product momentum: A recent analysis highlights Shopify’s 30.6% Y/Y revenue growth, durable free‑cash‑flow gains, expanding Shop Pay/merchant solutions adoption, and a push of AI‑powered commerce tools that could deepen merchant engagement and broaden payments/discovery use cases — a fundamental driver for upside. AI Commerce Push And Strong Q2 Results Could Be A Game Changer For Shopify (SHOP)
• Positive Sentiment: Analyst consensus is favorable: Aggregated analyst ratings show a “Moderate Buy” consensus for SHOP, which can support demand if investors follow sell‑side guidance or if upgrades continue. Shopify Inc. (NASDAQ:SHOP) Receives Consensus Rating of “Moderate Buy” from Analysts
• Positive Sentiment: Buy‑on‑dip narrative: Market commentary grouping Shopify among attractive growth names amid a Nasdaq pullback could draw contrarian inflows from investors seeking long‑term exposure to commerce and AI tailwinds. Nasdaq Correction: 2 Outstanding Growth Stocks to Buy on the Dip
• Neutral Sentiment: Media pieces urging investors to “add Shopify” lean on average brokerage recommendations but also warn that sell‑side optimism can be overstated — useful context but not new company fundamentals. Brokers Suggest Investing in Shopify (SHOP): Read This Before Placing a Bet Brokers Suggest Investing in Shopify (SHOP): Read This Before Placing a Bet
• Neutral Sentiment: Partner and ecosystem updates (third‑party storefront builders and integrations like TikTok Shop) increase merchant tooling and platform stickiness but are incremental versus Shopify’s core financial drivers. Emersoft Expands Its Unified Commerce Platform for Independent Bookstores to Include TikTok Shop Integration Sell The Trend Launches AI-Powered Shopify Store Builder to Help Entrepreneurs Go Live in Minutes
• Negative Sentiment: Critical/contrarian analysis: Some writeups pair Shopify with other small‑cap names in skeptical or critical analyses — such coverage can pressure sentiment if it raises concerns about valuation (SHOP’s P/E and PEG are elevated) or growth sustainability. iCoreConnect (NASDAQ:ICCT) & Shopify (NASDAQ:SHOP) Critical Analysis

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. UBS Group dropped their price objective on shares of Shopify from $165.00 to $145.00 and set a “neutral” rating on the stock in a report on Thursday, February 12th. Mizuho upgraded shares of Shopify from a “neutral” rating to an “outperform” rating and set a $150.00 target price for the company in a research note on Thursday, February 12th. Piper Sandler assumed coverage on shares of Shopify in a research report on Thursday, March 12th. They issued an “overweight” rating and a $165.00 price target on the stock. Truist Financial set a $150.00 price objective on shares of Shopify and gave the stock a “buy” rating in a report on Tuesday, February 17th. Finally, Cantor Fitzgerald reiterated a “neutral” rating and issued a $126.00 price objective (down from $181.00) on shares of Shopify in a research note on Thursday, February 12th. Three 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 stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $163.38.

Shopify Stock Performance

Shares of SHOP stock opened at $118.25 on Monday. The company has a market capitalization of $154.21 billion, a PE ratio of 127.15, a price-to-earnings-growth ratio of 4.24 and a beta of 2.82. Shopify Inc. has a 52-week low of $69.84 and a 52-week high of $182.19. The business’s fifty day moving average is $122.52 and its 200 day moving average is $146.10.

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.