Mmbg Investment Advisors CO. Sells 10,177 Shares of Shopify Inc. $SHOP

Mmbg Investment Advisors CO. lowered its position in shares of Shopify Inc. (NASDAQ:SHOP) (TSE:SHOP) by 11.3% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 79,688 shares of the software maker’s stock after selling 10,177 shares during the quarter. Shopify accounts for 1.0% of Mmbg Investment Advisors CO.’s holdings, making the stock its 21st biggest position. Mmbg Investment Advisors CO.’s holdings in Shopify were worth $11,842,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Zions Bancorporation National Association UT boosted its holdings in Shopify by 25.0% during the third quarter. Zions Bancorporation National Association UT now owns 2,155 shares of the software maker’s stock worth $320,000 after purchasing an additional 431 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of Shopify by 1.2% during the 3rd quarter. Vanguard Group Inc. now owns 49,926,824 shares of the software maker’s stock worth $7,417,517,000 after buying an additional 610,129 shares during the last quarter. Bell & Brown Wealth Advisors LLC acquired a new position in shares of Shopify during the 3rd quarter worth about $247,000. Petra Financial Advisors Inc. grew its holdings in shares of Shopify by 4.8% in the 3rd quarter. Petra Financial Advisors Inc. now owns 4,068 shares of the software maker’s stock valued at $605,000 after acquiring an additional 186 shares in the last quarter. Finally, Uhlmann Price Securities LLC increased its position in shares of Shopify by 4.5% in the third quarter. Uhlmann Price Securities LLC now owns 16,962 shares of the software maker’s stock valued at $2,521,000 after acquiring an additional 729 shares during the last quarter. 69.27% of the stock is currently owned by institutional investors and hedge funds.

Shopify News Summary

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: Shopify reported strong Q4 revenue and profitability metrics—revenue grew ~31% YoY to $3.67B and EPS topped estimates—supporting bullish takeaways on merchant growth and cash generation. Q4/Profitable SaaS Article
• Positive Sentiment: Analysts have moved more positive: Mizuho upgraded SHOP to “outperform” with a $150 PT, TD Securities raised to “buy” with a $159 PT, and Needham reaffirmed a $180 target—these upgrades are driving buy-side interest. Mizuho Upgrade
• Positive Sentiment: Shopify’s commerce tooling is being integrated into major AI platforms (e.g., ChatGPT/Gemini), reinforcing long‑term revenue/engagement narratives tied to AI-enabled merchant services. AI Integration Article
• Neutral Sentiment: Loomis Sayles highlighted high‑quality, long‑growth companies including Shopify in its investor letter—positive signal for institutional interest but not an immediate catalyst. Loomis Sayles Letter
• Neutral Sentiment: Shopify announced a $2 billion buyback authorization; while buybacks can support the stock, analysts and investors are flagging execution risk and potential cash/volatility implications. Buyback Analysis
• Negative Sentiment: Several firms trimmed price targets (UBS to $145, Benchmark to $145, Wedbush/Citizens JMP trimmed targets), and Truist cut to a $110 target—these downgrades/target cuts introduce selling pressure and mixed sentiment among analysts. Price Target Moves Benchmark Cut
• Negative Sentiment: Despite revenue strength, some coverage highlighted margin strain from AI investment and mixed earnings reactions; the post‑earnings pullback reflected investor concerns about valuation and near‑term profitability. Margin Strain Article Post-Earnings Reaction

Shopify Price Performance

SHOP stock opened at $112.70 on Monday. Shopify Inc. has a one year low of $69.84 and a one year high of $182.19. The stock has a market cap of $146.72 billion, a price-to-earnings ratio of 121.18, a price-to-earnings-growth ratio of 3.96 and a beta of 2.83. The company has a fifty day moving average price of $150.31 and a two-hundred day moving average price of $151.01.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the company. Wolfe Research raised Shopify from a “hold” rating to an “outperform” rating in a research report on Tuesday, January 6th. Raymond James Financial reiterated a “market perform” rating on shares of Shopify in a research note on Monday, December 1st. Benchmark decreased their target price on shares of Shopify from $195.00 to $145.00 and set a “buy” rating for the company in a research note on Tuesday, February 10th. Wedbush lowered their target price on shares of Shopify from $185.00 to $160.00 and set an “outperform” rating on the stock in a report on Thursday. Finally, TD Cowen raised shares of Shopify from a “hold” rating to a “buy” rating and set a $159.00 price target on the stock in a research report on Wednesday. Thirty-one research analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $161.97.

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.