Cobblestone Capital Advisors LLC NY Lowers Stock Holdings in Shopify Inc. $SHOP

Cobblestone Capital Advisors LLC NY cut its position in Shopify Inc. (NASDAQ:SHOP) (TSE:SHOP) by 11.3% in the third quarter, HoldingsChannel reports. The institutional investor owned 34,047 shares of the software maker’s stock after selling 4,359 shares during the period. Cobblestone Capital Advisors LLC NY’s holdings in Shopify were worth $5,060,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of SHOP. Financial Gravity Companies Inc. purchased a new position in Shopify during the 2nd quarter valued at about $27,000. Rothschild Investment LLC lifted 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 worth $27,000 after purchasing an additional 75 shares in the last quarter. Heartwood Wealth Advisors LLC purchased a new position in shares of Shopify in the third quarter valued at approximately $27,000. Estabrook Capital Management purchased a new position in shares of Shopify in the second quarter valued at approximately $29,000. Finally, Access Investment Management LLC acquired a new position in shares of Shopify in the second quarter valued at approximately $31,000. Hedge funds and other institutional investors own 69.27% of the company’s stock.

Shopify Price Performance

Shares of NASDAQ SHOP opened at $120.73 on Monday. The business has a 50-day moving average of $141.56 and a two-hundred day moving average of $149.63. The company has a market capitalization of $157.17 billion, a price-to-earnings ratio of 129.82, a price-to-earnings-growth ratio of 4.40 and a beta of 2.83. Shopify Inc. has a 1 year low of $69.84 and a 1 year high of $182.19.

Key Headlines Impacting Shopify

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: Large buyback and AI roadmap — Shopify announced a US$2 billion share buyback and introduced agentic storefronts plus the Universal Commerce Protocol, signaling aggressive capital return and a push to embed AI into merchants’ stacks, which can support revenue and margin expansion over time. Shopify Buyback And AI Push Test Valuation And Growth Expectations
• Positive Sentiment: GMV growth and AI integration — Portfolio commentary and independent coverage point to reaccelerating GMV coupled with deeper AI integration, reinforcing the case that product-led improvements are translating into merchant activity and payment/fulfillment revenue. Shopify (SHOP) GMV Growth Reaccelerates as AI Integration Strengthens Investment Case
• Neutral Sentiment: Industry AI tooling evolution — Third‑party AI imaging and product-fidelity advances (Rewarx Studio) highlight broader e‑commerce tooling improvements that benefit platforms like Shopify indirectly; helpful for merchant UX but not an immediate revenue catalyst. How Rewarx Studio AI is Solving the Fidelity Crisis in AI Product Photography: A Data-Driven Leap Across Global E-commerce Brands
• Neutral Sentiment: Investor interest and coverage — Multiple retail analyst/coverage pieces (Zacks, Seeking Alpha comparisons) are driving attention and search volume; these increase liquidity and volatility but offer mixed buy/sell signals. Is Trending Stock Shopify Inc. (SHOP) a Buy Now?
• Negative Sentiment: Analyst price-target cut and valuation pressure — Jefferies lowered its price target (from $160 to $125), citing softer software-sector multiples and valuation risk; with SHOP trading well above its 52‑week low and still a high P/E, this weighs on near-term sentiment. Shopify Inc’s (SHOP) Target Price Lowered Amid Lower Software Valuation Concerns
• Negative Sentiment: Profit-taking after recent run and technicals — The stock’s drop comes amid a recent run-up, lower intraday volume versus average, and price sitting below its 50- and 200-day moving averages, which can trigger momentum-driven selling. Why Shopify (SHOP) Stock Is Up Today

Wall Street Analysts Forecast Growth

SHOP has been the topic of a number of research reports. Citigroup reiterated a “buy” rating and set a $172.00 target price (down from $195.00) on shares of Shopify in a report on Friday, February 13th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $175.00 price objective on shares of Shopify in a research note on Thursday, February 12th. BMO Capital Markets set a $160.00 target price on Shopify 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, Stifel Nicolaus set a $115.00 price objective on Shopify and gave the company a “hold” rating in a research note on Wednesday, February 11th. Two research 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. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $162.64.

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.