Shopify Inc. $SHOP Shares Purchased by HWG Holdings LP

HWG Holdings LP raised its stake in Shopify Inc. (NASDAQ:SHOP) (TSE:SHOP) by 249.5% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 70,395 shares of the software maker’s stock after buying an additional 50,252 shares during the quarter. Shopify accounts for approximately 2.7% of HWG Holdings LP’s holdings, making the stock its 11th biggest holding. HWG Holdings LP’s holdings in Shopify were worth $11,331,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Knights of Columbus Asset Advisors LLC acquired a new position in shares of Shopify during the third quarter worth approximately $4,110,000. Principal Financial Group Inc. grew its holdings in Shopify by 16.3% in the 3rd quarter. Principal Financial Group Inc. now owns 450,895 shares of the software maker’s stock worth $67,006,000 after buying an additional 63,300 shares in the last quarter. Triton Financial Group Inc acquired a new stake in Shopify in the 3rd quarter valued at approximately $1,931,000. IQ EQ FUND MANAGEMENT IRELAND Ltd raised its stake in Shopify by 65.5% during the 3rd quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 158,514 shares of the software maker’s stock valued at $23,557,000 after acquiring an additional 62,743 shares in the last quarter. Finally, TriaGen Wealth Management LLC bought a new stake in Shopify during the 3rd quarter valued at $2,562,000. Institutional investors and hedge funds own 69.27% of the company’s stock.

Shopify Stock Performance

Shares of SHOP stock opened at $118.42 on Thursday. Shopify Inc. has a 1 year low of $69.84 and a 1 year high of $182.19. The business’s fifty day moving average is $126.83 and its 200-day moving average is $147.53. The stock has a market cap of $154.43 billion, a PE ratio of 127.33, a price-to-earnings-growth ratio of 4.12 and a beta of 2.83.

More Shopify News

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: Fast Company ranked Shopify among the top Most Innovative Companies for 2026, a high-profile recognition that supports the company’s narrative as a leading commerce and AI platform and can bolster investor sentiment around Shopify’s long-term growth premium. Fast Company Honors QuickFi / Shopify Mention
• Positive Sentiment: Shopify CFO interviews emphasize AI-driven efficiency (companywide AI mandate delivering strong growth without headcount increases) and an expanded CFO role in capital allocation — messaging that reassures investors about disciplined investment and potential margin leverage from AI. CFO Playbook / AI Efficiency
• Positive Sentiment: Product ecosystem news: Shopify is offering catalog integration for third-party brands and appears in AI-shopping coverage (discovery, checkout integrations) — moves that broaden platform utility for merchants and could support revenue growth from partners and APIs. AI Shopping / Catalog Integration
• Positive Sentiment: Third‑party ecosystem momentum: ASK BOSCO launched a Beta Shopify app and published research on fragmented e‑commerce data — evidence of continued partner innovation on Shopify that can increase merchant stickiness and add platform value. ASK BOSCO Beta App
• Neutral Sentiment: Zacks and other outlets note elevated investor interest and label SHOP a momentum/long‑term idea — increased visibility can amplify moves in either direction but is not an immediate earnings or guidance catalyst. Zacks Momentum Coverage
• Neutral Sentiment: Sector context: a MarketBeat/Market commentary piece on SaaS buybacks highlights that buyback activity is a focus across hurt software names — helpful context if buybacks pick up but not a direct Shopify announcement. SaaS Buybacks Article
• Negative Sentiment: Valuation and margin sensitivity: analyst caution and target trims after recent margin commentary remain the main near-term negative — investors are worried about free-cash-flow margin guidance and multiple compression for premium software names, which has pressured the stock. QuiverQuant Valuation / Analyst Cuts

Analyst Ratings Changes

A number of brokerages have issued reports on SHOP. Evercore set a $135.00 price target on Shopify in a research report on Wednesday, February 11th. Needham & Company LLC restated a “buy” rating and set a $180.00 price objective on shares of Shopify in a research note on Thursday, February 12th. Stifel Nicolaus set a $115.00 price objective on shares of Shopify and gave the stock a “hold” rating in a report on Wednesday, February 11th. Phillip Securities upgraded shares of Shopify from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 18th. Finally, Raymond James Financial reissued a “market perform” rating on shares of Shopify in a research note on Monday, December 1st. Three analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat.com, Shopify currently has an average rating of “Moderate Buy” and a consensus price target of $163.38.

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.