24,015 Shopify Inc. $SHOP Shares Purchased by Kurv Investment Management LLC

Kurv Investment Management LLC lifted its stake in Shopify Inc. (NASDAQ:SHOP) (TSE:SHOP) by 195.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 36,315 shares of the software maker’s stock after buying an additional 24,015 shares during the period. Shopify makes up 2.7% of Kurv Investment Management LLC’s investment portfolio, making the stock its 11th largest holding. Kurv Investment Management LLC’s holdings in Shopify were worth $5,386,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of SHOP. Evolution Wealth Management Inc. lifted its position in Shopify by 203.9% in the first quarter. Evolution Wealth Management Inc. now owns 231 shares of the software maker’s stock valued at $27,000 after acquiring an additional 155 shares during the last quarter. Graney & King LLC acquired a new position in Shopify in the first quarter valued at $27,000. Fortitude Family Office LLC acquired a new position in Shopify in the third quarter valued at $29,000. MADDEN SECURITIES Corp purchased a new position in shares of Shopify during the third quarter worth about $30,000. Finally, Laurel Wealth Advisors LLC purchased a new position in shares of Shopify during the third quarter worth about $32,000. 69.27% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the company. Rosenblatt Securities initiated coverage on Shopify in a report on Thursday, August 20th. They issued a “buy” rating and a $175.00 target price for the company. Sanford C. Bernstein started coverage on Shopify in a research report on Thursday, September 10th. They issued an “outperform” rating and a $160.00 target price for the company. Weiss Ratings downgraded Shopify from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday. UBS Group restated a “neutral” rating and set a $145.00 price target (up from $130.00) on shares of Shopify in a research note on Thursday, August 6th. Finally, Phillip Securities lowered Shopify from a “strong-buy” rating to a “moderate buy” rating in a research report on Monday, August 17th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-six have assigned a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat, Shopify has an average rating of “Moderate Buy” and a consensus price target of $177.79.

Key Headlines Impacting Shopify

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: Condé Nast is bringing curated product selections from Vogue, GQ and other brands to Shopify’s Shop app. The partnership could increase consumer engagement, product discovery and transaction volume. Condé Nast brings product picks to Shop app
• Positive Sentiment: Shopify is broadening access to AI agents that can support commerce activity, while third-party platforms such as DRINKS are using Shopify technology to enable multi-supplier digital alcohol sales. These developments support Shopify’s positioning in AI-enabled commerce. NCR Voyix Scoops up Bruster’s; Shopify Broadens AI Agent Access
• Positive Sentiment: Shopify POS was named an overall leader in a 2026 small-business point-of-sale scorecard, reinforcing the company’s competitive position beyond its core online-store platform. 2026 Small Business POS System Scorecard
• Positive Sentiment: Analysis highlights a reported 97% retention rate among merchants that reach $10 million in annual gross merchandise volume, supporting recurring revenue and expansion potential despite competition from Adobe and Commerce.com. Can Shopify’s Strong Merchant Retention Sustain Revenue Growth?
• Neutral Sentiment: Heavy investor searches and a bullish options strategy indicate heightened attention and an optimistic trading bias, but neither provides evidence of improved fundamentals. Investors Heavily Search Shopify
• Negative Sentiment: Pre-earnings coverage warns that Shopify’s strong sales growth may be offset by higher AI investment and margin pressure. With the stock trading at a premium valuation, investors may be demanding continued earnings and profit improvement. Shopify’s Booming Sales Come With a Costly Catch

Shopify Trading Down 5.6%

Shares of Shopify stock opened at $157.49 on Friday. Shopify Inc. has a 1 year low of $94.00 and a 1 year high of $180.88. The company has a debt-to-equity ratio of 0.01, a quick ratio of 5.35 and a current ratio of 5.35. The company has a market capitalization of $202.63 billion, a P/E ratio of 106.41, a PEG ratio of 3.45 and a beta of 2.62. The company’s fifty day moving average is $152.78 and its two-hundred day moving average is $130.26.

Shopify (NASDAQ:SHOP) (TSE:SHOP) last announced its earnings results on Wednesday, August 5th. The software maker reported $0.42 EPS for the quarter, beating analysts’ consensus estimates of $0.40 by $0.02. Shopify had a net margin of 14.53% and a return on equity of 12.58%. The business had revenue of $3.58 billion during the quarter. During the same period in the previous year, the company posted $0.69 earnings per share. Shopify’s quarterly revenue was up 33.7% on a year-over-year basis. Analysts forecast that Shopify Inc. will post 1.46 earnings per share for the current year.

Shopify Profile

Shopify Inc is a commerce technology company that provides tools for businesses of various sizes to start, operate and grow online and in physical retail environments. Its platform supports online storefronts, product and inventory management, order processing, marketing, analytics and customer engagement.

The company offers subscription-based plans and merchant solutions, including Shopify Payments, Shopify POS, Shopify Capital and tools for shipping, checkout and fulfillment. Shopify also supports sales through multiple channels, such as merchants’ own websites, mobile devices, social media and third-party marketplaces.

Shopify was founded in 2006 by Tobias Lütke, Daniel Weinand and Scott Lake after the founders developed an online store for snowboarding equipment.