Shopify Inc. $SHOP Shares Purchased by Fiera Capital Corp

Fiera Capital Corp grew its position in shares of Shopify Inc. (NASDAQ:SHOP) (TSE:SHOP) by 148.4% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,999 shares of the software maker’s stock after purchasing an additional 8,363 shares during the period. Fiera Capital Corp’s holdings in Shopify were worth $2,255,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the company. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna raised its stake in shares of Shopify by 43.9% during the fourth quarter. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna now owns 5,953 shares of the software maker’s stock valued at $958,000 after purchasing an additional 1,817 shares during the period. Syon Capital LLC raised its stake in shares of Shopify by 29.2% during the fourth quarter. Syon Capital LLC now owns 9,998 shares of the software maker’s stock valued at $1,609,000 after purchasing an additional 2,258 shares during the period. Capital International Sarl raised its stake in shares of Shopify by 9.2% during the fourth quarter. Capital International Sarl now owns 695,042 shares of the software maker’s stock valued at $111,881,000 after purchasing an additional 58,557 shares during the period. Capital International Ltd. CA raised its stake in shares of Shopify by 4.2% during the fourth quarter. Capital International Ltd. CA now owns 388,196 shares of the software maker’s stock valued at $62,488,000 after purchasing an additional 15,615 shares during the period. Finally, Capital Group Investment Management PTE. LTD. increased its stake in shares of Shopify by 4.6% in the fourth quarter. Capital Group Investment Management PTE. LTD. now owns 84,867 shares of the software maker’s stock worth $13,661,000 after buying an additional 3,713 shares during the last quarter. Hedge funds and other institutional investors own 69.27% of the company’s stock.

Key Shopify News

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: Shopify continues to show solid operating execution, with analysts highlighting strength in AI-driven traffic, payments, enterprise adoption, and overall revenue growth. Its Q1 2026 GMV reportedly topped $100.7 billion again, reinforcing that merchant activity remains healthy. Shopify’s GMV Tops $100B Again: What Investors Should Know
• Positive Sentiment: Analysts and market commentary remain constructive on Shopify’s long-term growth story, with some articles arguing the stock may still have room to run if management keeps delivering on execution and e-commerce expansion. Can Shopify’s Strong Execution Outweigh Valuation Concerns in H2 2026?
• Neutral Sentiment: Shopify remains a widely followed growth stock, and recent commentary from market strategists and analyst roundups has kept attention on the company’s fundamentals rather than any new company-specific setback. Shopify (SHOP) Fell With Software Sell Off
• Neutral Sentiment: Short-interest data showed no meaningful change in the reported figures, suggesting no clear new bearish catalyst from positioning.
• Negative Sentiment: The main headwind is valuation: Shopify trades at a premium forward sales multiple, leaving little room for disappointment if growth or margins slow. That concern, along with a broader software selloff, has weighed on the stock. Can Shopify’s Strong Execution Outweigh Valuation Concerns in H2 2026?

Analysts Set New Price Targets

A number of analysts recently issued reports on SHOP shares. Barclays set a $126.00 price target on shares of Shopify and gave the stock an “equal weight” rating in a research note on Wednesday, May 6th. BMO Capital Markets dropped their price target on shares of Shopify from $160.00 to $145.00 and set an “outperform” rating for the company in a research note on Wednesday, May 6th. TD Securities upgraded shares of Shopify from a “hold” rating to a “buy” rating and set a $159.00 price target for the company in a research note on Thursday, February 12th. Wells Fargo & Company dropped their price target on shares of Shopify from $166.00 to $144.00 and set an “overweight” rating for the company in a research note on Wednesday, May 6th. Finally, Truist Financial set a $150.00 price target on shares of Shopify and gave the stock a “buy” rating in a research note on Tuesday, February 17th. Two equities 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 company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $157.17.

Shopify Price Performance

SHOP stock opened at $110.42 on Wednesday. Shopify Inc. has a 1-year low of $94.00 and a 1-year high of $182.19. The firm has a fifty day moving average price of $114.43 and a two-hundred day moving average price of $132.29. The firm has a market cap of $143.29 billion, a price-to-earnings ratio of 109.33, a PEG ratio of 3.11 and a beta of 2.60.

Shopify (NASDAQ:SHOP) (TSE:SHOP) last released its earnings results on Tuesday, May 5th. The software maker reported $999.00 earnings per share for the quarter, beating the consensus estimate of $0.22 by $998.78. Shopify had a net margin of 10.77% and a return on equity of 12.07%. The firm had revenue of $3.17 billion during the quarter, compared to analyst estimates of $3.08 billion. As a group, analysts expect that Shopify Inc. will post 1.36 EPS for the current fiscal year.

Shopify Company Profile

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.