Cache Advisors LLC Invests $1.27 Million in Shopify Inc. $SHOP

Cache Advisors LLC bought a new position in shares of Shopify Inc. (NASDAQ:SHOP) (TSE:SHOP) in the 3rd quarter, Holdings Channel reports. The fund bought 8,533 shares of the software maker’s stock, valued at approximately $1,268,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Knights of Columbus Asset Advisors LLC bought a new position in Shopify during the third quarter worth about $4,110,000. Principal Financial Group Inc. grew its position in shares of Shopify by 16.3% during the 3rd quarter. Principal Financial Group Inc. now owns 450,895 shares of the software maker’s stock worth $67,006,000 after purchasing an additional 63,300 shares in the last quarter. Triton Financial Group Inc bought a new position in shares of Shopify during the third quarter worth approximately $1,931,000. IQ EQ FUND MANAGEMENT IRELAND Ltd raised its position in shares of Shopify by 65.5% in the third quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 158,514 shares of the software maker’s stock valued at $23,557,000 after buying an additional 62,743 shares in the last quarter. Finally, TriaGen Wealth Management LLC bought a new stake in shares of Shopify in the third quarter valued at approximately $2,562,000. Institutional investors and hedge funds own 69.27% of the company’s stock.

Shopify News Roundup

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 Analyst Weigh In

A number of equities analysts have commented on the company. Jefferies Financial Group set a $125.00 price objective on Shopify and gave the stock a “hold” rating in a research note on Monday, February 16th. Oppenheimer reissued an “outperform” rating on shares of Shopify in a report on Monday, December 1st. Zacks Research cut Shopify from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 12th. Mizuho raised shares of Shopify from a “neutral” rating to an “outperform” rating and set a $150.00 price objective for the company in a research report on Thursday, February 12th. Finally, Moffett Nathanson raised shares of Shopify from a “neutral” rating to a “buy” rating and set a $150.00 target price on the stock in a report on Monday, February 9th. Two 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. According to data from MarketBeat.com, Shopify has an average rating of “Moderate Buy” and an average price target of $162.64.

Shopify Stock Performance

Shares of NASDAQ SHOP opened at $120.73 on Friday. The company has a market capitalization of $157.17 billion, a P/E ratio of 129.82, a price-to-earnings-growth ratio of 4.40 and a beta of 2.83. Shopify Inc. has a 52-week low of $69.84 and a 52-week high of $182.19. The company’s 50 day moving average price is $141.56 and its 200-day moving average price is $149.63.

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.