Shopify Inc. $SHOP Stock Position Raised by MUFG Securities EMEA plc

MUFG Securities EMEA plc lifted its position in Shopify Inc. (NASDAQ:SHOP) (TSE:SHOP) by 41.4% in the 4th quarter, Holdings Channel reports. The fund owned 820,000 shares of the software maker’s stock after buying an additional 240,000 shares during the period. Shopify makes up approximately 1.5% of MUFG Securities EMEA plc’s investment portfolio, making the stock its 12th biggest holding. MUFG Securities EMEA plc’s holdings in Shopify were worth $132,061,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in SHOP. Kingdom Financial Group LLC. purchased a new stake in shares of Shopify in the 4th quarter valued at approximately $26,000. Mowery & Schoenfeld Wealth Management LLC purchased a new stake in shares of Shopify in the 4th quarter valued at approximately $29,000. Lodestone Wealth Management LLC purchased a new stake in shares of Shopify in the 4th quarter valued at approximately $31,000. Sound Income Strategies LLC lifted its position in shares of Shopify by 82.4% in the 4th quarter. Sound Income Strategies LLC now owns 197 shares of the software maker’s stock valued at $31,000 after acquiring an additional 89 shares in the last quarter. Finally, Lloyd Advisory Services LLC. purchased a new stake in shares of Shopify in the 4th quarter valued at approximately $31,000. Hedge funds and other institutional investors own 69.27% of the company’s stock.

Shopify Stock Performance

Shares of SHOP opened at $118.71 on Friday. The company’s 50 day moving average price is $114.71 and its 200 day moving average price is $134.06. Shopify Inc. has a 52 week low of $94.00 and a 52 week high of $182.19. The company has a market capitalization of $154.05 billion, a PE ratio of 117.54, a PEG ratio of 3.33 and a beta of 2.64.

Shopify (NASDAQ:SHOP) (TSE:SHOP) last announced its quarterly earnings data on Tuesday, May 5th. The software maker reported $999.00 EPS for the quarter, beating analysts’ consensus estimates of $0.22 by $998.78. Shopify had a net margin of 10.77% and a return on equity of 12.07%. The firm had revenue of $3.17 billion for the quarter, compared to the consensus estimate of $3.08 billion. On average, equities analysts forecast that Shopify Inc. will post 1.36 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on SHOP shares. Needham & Company LLC restated a “buy” rating and issued a $180.00 price target on shares of Shopify in a research report on Tuesday, May 5th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $170.00 price objective on shares of Shopify in a research report on Wednesday, May 6th. Evercore set a $135.00 price objective on shares of Shopify in a research report on Wednesday, February 11th. Jefferies Financial Group reaffirmed a “hold” rating and set a $140.00 price objective (down from $150.00) on shares of Shopify in a research report on Tuesday, May 5th. Finally, TD Securities raised shares of Shopify from a “hold” rating to a “buy” rating and set a $159.00 price objective on the stock in a research report on Thursday, February 12th. Two 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 company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $157.17.

Trending Headlines about Shopify

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: UBS said Shopify’s point-of-sale business could become a much bigger long-term growth driver than the market currently assumes, adding to gross merchandise value and profit growth over the next decade. The note reinforces the idea that Shopify’s in-store commerce and retail tools can expand beyond its core e-commerce platform.
• Positive Sentiment: Shopify also benefited from a broader rebound in software names after strong results from companies like Snowflake and Okta eased fears that AI would disrupt subscription software models. That improving sentiment has helped lift investor appetite for software stocks, including SHOP.
• Positive Sentiment: Recent coverage also highlighted Shopify’s strong B2B momentum, with Q1 B2B gross merchandise value reportedly up 80% year over year, suggesting another avenue for enterprise growth and supporting the bullish case for the stock.
• Neutral Sentiment: Reddit’s expanded Shopify integration, now generally available for merchants, could indirectly support Shopify’s ecosystem by making it easier for merchants to advertise and sell through Reddit. While this is more directly a positive for Reddit, it underscores Shopify’s role as a commerce platform connected to more marketing channels.
• Neutral Sentiment: Other recent articles pointed to AI-related merchant tools and app integrations, such as EZ Texting, which may improve Shopify’s value proposition over time but are not immediate stock-moving catalysts on their own.

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.