Shopify Inc. $SHOP is Diker Management LLC’s 7th Largest Position

Diker Management LLC trimmed its holdings in shares of Shopify Inc. (NASDAQ:SHOP) (TSE:SHOP) by 50.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 20,000 shares of the software maker’s stock after selling 20,000 shares during the quarter. Shopify accounts for approximately 2.4% of Diker Management LLC’s portfolio, making the stock its 7th biggest position. Diker Management LLC’s holdings in Shopify were worth $2,972,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Financial Gravity Companies Inc. acquired a new position in Shopify in the second quarter valued at about $27,000. Rothschild Investment LLC increased its position in shares of Shopify by 47.5% during the second quarter. Rothschild Investment LLC now owns 233 shares of the software maker’s stock valued at $27,000 after acquiring an additional 75 shares during the last quarter. Heartwood Wealth Advisors LLC acquired a new stake in shares of Shopify during the third quarter valued at about $27,000. Estabrook Capital Management purchased a new stake in Shopify in the second quarter valued at approximately $29,000. Finally, Vestor Capital LLC purchased a new stake in Shopify in the second quarter valued at approximately $34,000. 69.27% of the stock is currently owned by hedge funds and other institutional investors.

Shopify Trading Down 2.5%

Shares of SHOP stock opened at $122.96 on Friday. The company has a market cap of $160.07 billion, a P/E ratio of 132.22, a PEG ratio of 4.53 and a beta of 2.83. The firm has a fifty day moving average price of $133.91 and a 200 day moving average price of $148.61. Shopify Inc. has a 12 month low of $69.84 and a 12 month high of $182.19.

Analyst Ratings Changes

SHOP has been the subject of several research analyst reports. Cantor Fitzgerald restated 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. Canaccord Genuity Group set a $165.00 price objective on Shopify and gave the company a “buy” rating in a report on Thursday, February 12th. Barclays set a $130.00 target price on Shopify and gave the stock an “equal weight” rating in a research note on Thursday, February 12th. ATB Cormark Capital Markets upgraded Shopify from a “sector perform” rating to an “outperform” rating in a report on Tuesday, February 10th. Finally, Piper Sandler started coverage on Shopify in a research report on Thursday. They issued an “overweight” rating and a $165.00 target price for the company. Two analysts have rated the stock with a Strong Buy rating, thirty-two have given a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat.com, Shopify has an average rating of “Moderate Buy” and an average target price of $163.38.

Key Shopify News

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: Jefferies raised its price target after OpenAI decided not to enable in‑ChatGPT purchases, which Jefferies views as reducing a competitive threat to Shopify’s checkout and payments opportunity. This upgrade supports upside to monetization of AI-driven commerce. Jefferies Raises PT on Shopify (SHOP) Following OpenAI Decision
• Positive Sentiment: Piper Sandler initiated coverage with an “Overweight” rating and a $165 PT (~34% upside from the current level), citing payments and merchant growth as key drivers. Analyst coverage and a constructive PT can attract buyers. Benzinga Coverage Note
• Positive Sentiment: Shopify is embedding AI across commerce—enabling AI assistants to surface merchant catalogs and route transactions through Shopify’s checkout/payments—which could increase GMV capture and revenue per merchant if adoption scales. Shopify Bets Big on AI Commerce: Is it the Next Growth Catalyst?
• Positive Sentiment: Shopify’s Klaviyo integration (Locale Aware Catalogs) strengthens its enterprise and global merchant proposition by automating localized catalogs, pricing and marketing — a product move that targets larger brands and cross‑sell opportunities. Shopify And Klaviyo Integration Highlights Global Ambitions And Valuation Tension
• Positive Sentiment: Longer‑term bullish narratives: commentary (e.g., Motley Fool) places Shopify among AI winners that could materially expand value over several years, supporting a growth story for patient investors. Prediction: 2 AI Stocks Will Be Worth More Than Palantir Technologies in 5 Years
• Neutral Sentiment: Zacks notes the stock is up ~14% since the last earnings report, signaling recent momentum but asking whether that trend can continue without clearer earnings leverage. Shopify (SHOP) Up 14% Since Last Earnings Report: Can It Continue?
• Negative Sentiment: Zacks also highlights SHOP has declined ~11% over six months, reflecting recent volatility and investor concern about execution/valuation despite AI momentum. SHOP Declines 11% in 6 Months: Buy, Sell or Hold the Stock?
• Negative Sentiment: Service reliability concern — Downdetector reported outages affecting thousands of users; repeated or high‑impact outages can dent merchant trust and short‑term GMV. Shopify Down for Thousands of Users, Downdetector Reports
• Negative Sentiment: Valuation and technical pressure — SHOP trades below its 50‑ and 200‑day moving averages, has a high trailing P/E (~132) and elevated PEG (~4.65), which increases sensitivity to any slowdown in revenue/monetization.

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.