Varma Mutual Pension Insurance Co Buys 15,700 Shares of Shopify Inc. $SHOP

Varma Mutual Pension Insurance Co increased its position in shares of Shopify Inc. (NASDAQ:SHOP) (TSE:SHOP) by 8.7% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 195,858 shares of the software maker’s stock after purchasing an additional 15,700 shares during the quarter. Varma Mutual Pension Insurance Co’s holdings in Shopify were worth $29,104,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Financial Gravity Companies Inc. bought a new position in shares of Shopify in the second quarter valued at approximately $27,000. Rothschild Investment LLC increased its holdings in Shopify by 47.5% during 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 in the last quarter. Heartwood Wealth Advisors LLC bought a new position in Shopify in the 3rd quarter valued at $27,000. Tradewinds Capital Management LLC raised its position in Shopify by 71.4% in the 2nd quarter. Tradewinds Capital Management LLC now owns 240 shares of the software maker’s stock valued at $28,000 after purchasing an additional 100 shares during the last quarter. Finally, Estabrook Capital Management acquired a new position in Shopify in the second quarter worth $29,000. 69.27% of the stock is owned by institutional investors.

Trending Headlines about Shopify

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: Revenue and GMV beat: Q4 revenue rose ~31% YoY ($3.67B) and GMV also grew ~31%, outpacing consensus and showing continued AI-driven demand across regions and channels. Shopify Defies Logic: AI Disruption Is a Good Thing
• Positive Sentiment: Strong forward revenue guide: Shopify guided Q1 revenue above Street estimates (low‑30% growth target), signaling momentum into 2026 that some analysts view as durable. Shopify forecasts quarterly revenue above estimates on strong demand
• Positive Sentiment: $2B buyback and strong cash flow: Management authorized a $2B repurchase (about ~3% of market cap) and reported healthy free cash flow, underscoring balance-sheet flexibility (net cash, no debt). Shopify’s Standout 2025: The Launchpad for a New Era of Commerce in 2026
• Neutral Sentiment: Short interest fell sharply in January (~27% decline), reducing immediate squeeze risk but also signaling changing trader positioning; this can dampen volatility from short-covering.
• Negative Sentiment: EPS miss and mixed profitability signals: Reported EPS (~$0.46–$0.48) missed some consensus estimates, and management flagged margin pressures from a higher mix of Merchant Solutions plus rising investments. Shopify (SHOP) Misses Q4 Earnings Estimates
• Negative Sentiment: Buyback execution & cash-risk concerns: Analysts and commentators flagged the $2B repurchase as raising questions about timing (algorithmic triggers), volatility management and opportunity cost, which added to investor caution. Shopify’s $2 Billion Buyback Plan Raises Questions on Volatility, Execution, and Cash Risk
• Negative Sentiment: Analyst caution and profit-taking: Some shops cut targets or issued cautious notes (and at least one bearish forecast), prompting profit-taking after the recent run — amplifying the stock’s selloff despite upbeat guidance. Why I’m Not Buying the Dip in Shopify Stock

Shopify Price Performance

Shares of NASDAQ:SHOP opened at $118.61 on Thursday. Shopify Inc. has a one year low of $69.84 and a one year high of $182.19. The company has a 50 day moving average of $152.31 and a 200-day moving average of $151.02. The stock has a market cap of $154.41 billion, a price-to-earnings ratio of 87.86, a P/E/G ratio of 3.75 and a beta of 2.83.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the company. Wolfe Research upgraded Shopify from a “hold” rating to an “outperform” rating in a research note on Tuesday, January 6th. DZ Bank raised shares of Shopify from a “strong sell” rating to a “hold” rating in a report on Thursday, November 6th. Oppenheimer reaffirmed an “outperform” rating on shares of Shopify in a research note on Monday, December 1st. Truist Financial set a $155.00 target price on shares of Shopify and gave the stock a “hold” rating in a research report on Tuesday, November 4th. Finally, Evercore ISI set a $135.00 price target on shares of Shopify in a report on Wednesday. Twenty-eight investment analysts have rated the stock with a Buy rating and fifteen have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Shopify has a consensus rating of “Moderate Buy” and an average price target of $168.19.

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.