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

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

Several other hedge funds also recently modified their holdings of the business. Heartwood Wealth Advisors LLC acquired a new position in Shopify in the third quarter valued at approximately $27,000. Rothschild Investment LLC lifted its stake in shares of Shopify by 47.5% in the 2nd quarter. Rothschild Investment LLC now owns 233 shares of the software maker’s stock valued at $27,000 after purchasing an additional 75 shares during the period. Financial Gravity Companies Inc. bought a new position in shares of Shopify in the 2nd quarter worth $27,000. Estabrook Capital Management acquired a new stake in shares of Shopify during the second quarter worth $29,000. Finally, Cornerstone Planning Group LLC increased its holdings in Shopify by 104.9% in the third quarter. Cornerstone Planning Group LLC now owns 250 shares of the software maker’s stock valued at $37,000 after purchasing an additional 128 shares during the last quarter. Institutional investors own 69.27% of the company’s stock.

Shopify Stock Up 1.8%

Shopify stock opened at $112.70 on Monday. The company has a 50 day moving average of $150.31 and a 200-day moving average of $151.01. Shopify Inc. has a twelve month low of $69.84 and a twelve month high of $182.19. The stock has a market capitalization of $146.72 billion, a PE ratio of 121.18, a price-to-earnings-growth ratio of 3.96 and a beta of 2.83.

Analysts Set New Price Targets

A number of brokerages have issued reports on SHOP. Evercore ISI set a $135.00 target price on Shopify in a report on Wednesday. Robert W. Baird set a $160.00 price objective on shares of Shopify in a research note on Thursday. Barclays set a $130.00 target price on shares of Shopify and gave the company an “equal weight” rating in a research note on Thursday. Cantor Fitzgerald reiterated a “neutral” rating and issued a $126.00 target price (down from $181.00) on shares of Shopify in a report on Thursday. Finally, ATB Cormark Capital Markets raised shares of Shopify from a “sector perform” rating to an “outperform” rating in a research report on Tuesday, February 10th. Thirty-one equities research analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $161.97.

Key Shopify News

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

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.