Shopify Inc. $SHOP Stock Bought by Venture Visionary Partners LLC

by · The Cerbat Gem

Venture Visionary Partners LLC increased its stake in Shopify Inc. (NASDAQ:SHOP – Free Report) (TSE:SHOP) by 4.6% in the third quarter, Holdings Channel.com reports. The institutional investor owned 95,779 shares of the software maker’s stock after purchasing an additional 4,210 shares during the quarter. Venture Visionary Partners LLC’s holdings in Shopify were worth $14,204,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Invesco Ltd. boosted its holdings in Shopify by 9.8% in the 4th quarter. Invesco Ltd. now owns 14,026,193 shares of the software maker’s stock worth $2,257,796,000 after acquiring an additional 1,252,074 shares during the period. Sands Capital Management LLC raised its stake in shares of Shopify by 37.0% during the fourth quarter. Sands Capital Management LLC now owns 9,506,036 shares of the software maker’s stock valued at $1,530,187,000 after purchasing an additional 2,568,765 shares during the period. The Manufacturers Life Insurance Company raised its stake in shares of Shopify by 8.5% during the first quarter. The Manufacturers Life Insurance Company now owns 8,418,903 shares of the software maker’s stock valued at $998,137,000 after purchasing an additional 660,198 shares during the period. Swiss National Bank lifted its position in shares of Shopify by 27.0% during the first quarter. Swiss National Bank now owns 4,115,300 shares of the software maker’s stock worth $487,580,000 after purchasing an additional 876,100 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. lifted its position in shares of Shopify by 4.1% during the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 3,678,602 shares of the software maker’s stock worth $436,356,000 after purchasing an additional 145,500 shares in the last quarter. 69.27% of the stock is currently owned by hedge funds and other institutional investors.

Shopify Stock Up 0.9%

Shares of NASDAQ:SHOP traded up $1.51 during midday trading on Wednesday, reaching $165.95. The company had a trading volume of 6,475,239 shares, compared to its average volume of 10,400,714. The company has a debt-to-equity ratio of 0.01, a current ratio of 5.35 and a quick ratio of 5.35. The stock’s fifty day moving average price is $143.46 and its 200-day moving average price is $125.54. The stock has a market capitalization of $213.52 billion, a P/E ratio of 112.13, a PEG ratio of 3.31 and a beta of 2.62. Shopify Inc. has a one year low of $94.00 and a one year high of $182.19.

Shopify (NASDAQ:SHOP – Get Free Report) (TSE:SHOP) last posted its quarterly earnings results on Wednesday, August 5th. The software maker reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.02. Shopify had a net margin of 14.53% and a return on equity of 12.58%. The firm had revenue of $3.58 billion for the quarter. During the same period in the prior year, the company earned $0.69 earnings per share. The company’s revenue was up 33.7% on a year-over-year basis. Equities research analysts expect that Shopify Inc. will post 1.46 earnings per share for the current fiscal year.

Shopify News Summary

Here are the key news stories impacting Shopify this week:

  • Positive Sentiment: JPMorgan raised its price target to $200 and maintained an “overweight” rating, implying roughly 20% upside from the referenced share price. The target increase reinforces confidence in Shopify’s growth outlook. Shopify price target raised to $200
  • Positive Sentiment: Cooling U.S. labor-market data reduced expectations for an October Federal Reserve rate hike. Lower expected interest rates tend to support high-growth companies such as Shopify by improving the relative appeal of future earnings and reducing valuation pressure. Why Shopify stock is trading up
  • Positive Sentiment: Shopify is participating in the Personal Agent Protocol alongside Meta, Sierra, Stripe, Walmart and others. The proposed open standard could allow consumer AI agents to interact directly with merchants, potentially creating new commerce and customer-service opportunities for Shopify’s platform. Meta and Sierra launch protocol for AI agents
  • Positive Sentiment: Recent momentum remains strong. Coverage highlights Shopify’s above-average financial growth and a substantial rebound from its May low, keeping the stock firmly in focus among growth investors. Three reasons growth investors will love Shopify
  • Neutral Sentiment: Shopify will report third-quarter 2026 results before the market opens on November 3, followed by an 8:30 a.m. ET conference call. The upcoming report is a potential catalyst, but the announcement provided no preliminary financial figures. Shopify third-quarter 2026 results announcement
  • Negative Sentiment: Valuation is an important risk. After its sharp advance, Shopify trades at a high earnings multiple, leaving the stock vulnerable to profit-taking or disappointment if upcoming results, guidance or merchant growth do not meet elevated expectations.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on SHOP. Evercore reaffirmed an “outperform” rating and set a $175.00 price target (up from $135.00) on shares of Shopify in a report on Wednesday, August 5th. Susquehanna assumed coverage on shares of Shopify in a report on Friday, July 10th. They issued a “neutral” rating on the stock. Benchmark upped their price objective on shares of Shopify from $145.00 to $170.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. Barclays set a $145.00 target price on Shopify and gave the company an “equal weight” rating in a research note on Thursday, August 6th. Finally, Piper Sandler reaffirmed an “overweight” rating on shares of Shopify in a research report on Monday. Two investment analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $172.39.

Read Our Latest Research Report on SHOP

Shopify Company Profile

(Free Report)

Shopify Inc is a commerce technology company that provides tools for businesses to start, operate and grow online and in physical retail environments. Its platform enables merchants to create and manage online stores, sell through multiple channels, process orders and payments, manage inventory and engage with customers.

Shopify’s products and services include its core commerce platform, Shopify Plus for larger businesses, Shopify Payments, Shop Pay, point-of-sale solutions and tools for marketing, shipping, analytics and customer management.

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