Shopify Inc. $SHOP Shares Purchased by Mirabella Financial Services LLP

Mirabella Financial Services LLP raised its position in Shopify Inc. (NASDAQ:SHOP) (TSE:SHOP) by 117.1% during the 3rd quarter, Holdings Channel reports. The firm owned 22,103 shares of the software maker’s stock after acquiring an additional 11,920 shares during the quarter. Mirabella Financial Services LLP’s holdings in Shopify were worth $3,279,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in SHOP. Vanguard Group Inc. raised its stake in shares of Shopify by 1.2% during the 3rd quarter. Vanguard Group Inc. now owns 49,926,824 shares of the software maker’s stock worth $7,417,517,000 after buying an additional 610,129 shares during the last quarter. Jennison Associates LLC boosted its position in shares of Shopify by 64.3% in the 3rd quarter. Jennison Associates LLC now owns 18,923,431 shares of the software maker’s stock worth $2,812,211,000 after buying an additional 7,403,821 shares in the last quarter. Norges Bank acquired a new stake in Shopify in the 2nd quarter valued at about $1,794,952,000. Loomis Sayles & Co. L P grew its stake in Shopify by 1.3% in the 2nd quarter. Loomis Sayles & Co. L P now owns 14,622,787 shares of the software maker’s stock valued at $1,686,738,000 after acquiring an additional 191,824 shares during the last quarter. Finally, Edgewood Management LLC increased its holdings in Shopify by 10.5% during the 2nd quarter. Edgewood Management LLC now owns 9,558,067 shares of the software maker’s stock valued at $1,102,523,000 after acquiring an additional 911,908 shares in 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: Partnerships that deepen the Shopify ecosystem — Bold Commerce’s new rePete app with Node aims to convert guest checkouts into repeat customers, which could boost merchant LTV and subscription revenue over time. rePete By Bold Commerce Partners with Node to Kill the Guest Checkout Revenue Gap
• Positive Sentiment: Riskified integration to automate chargeback management should help merchants recover lost revenue and reduce friction on Shopify stores — a structural win for platform stickiness. Riskified Launches Dispute Resolve for Shopify to Help Merchants Automate Chargeback Management and Recover Lost Revenue
• Positive Sentiment: Ongoing AI-enabled partner wins and platform positioning are reinforcing Shopify’s commerce‑infrastructure moat, supporting medium‑term revenue and product expansion narratives. Is Shopify’s AI Partnership Push Quietly Redefining Its Moat In Commerce Infrastructure (SHOP)?
• Positive Sentiment: Capital‑return messaging and analyst activity are propping sentiment — Shopify’s buyback program (effective mid‑Feb) plus recent analyst upgrades/price‑target resets have provided technical and sentiment support. Shopify jumps 3.3% as buyback backdrop and recent analyst actions keep sentiment positive
• Neutral Sentiment: Positive headlines from retail/news outlets and analyst lists (including mentions in Cathie Wood/ARK materials) keep SHOP in retail conversation, though ARK’s stake has been reduced recently — a mixed signal. Is Shopify (SHOP) The Best AI Ecommerce Stock to Buy in 2026?
• Neutral Sentiment: Media pieces noting that “Shopify is trending” and coverage of its strategic product bets help visibility but don’t move fundamentals on their own. Shopify stock is trending on Tuesday – here’s why
• Negative Sentiment: Large institutional rebalancing and notable fund sell‑downs (reported redemptions/position cuts among some big holders) create supply pressure and likely contributed to today’s downside. $SHOP Hedge Fund Activity & Institutional Moves

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the stock. Citigroup restated a “buy” rating and set a $172.00 target price (down from $195.00) on shares of Shopify in a research report on Friday, February 13th. KeyCorp reissued an “overweight” rating and set a $160.00 price objective on shares of Shopify in a research note on Wednesday, February 11th. Mizuho upgraded 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. BNP Paribas Exane started coverage on Shopify in a research note on Monday, November 24th. They issued a “neutral” rating on the stock. Finally, Evercore set a $135.00 target price on Shopify in a research note on Wednesday, February 11th. Three analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $163.38.

Shopify Price Performance

Shopify stock opened at $123.75 on Thursday. The stock has a market capitalization of $161.38 billion, a P/E ratio of 133.06, a P/E/G ratio of 4.59 and a beta of 2.83. Shopify Inc. has a 12-month low of $69.84 and a 12-month high of $182.19. The firm’s 50-day moving average is $131.45 and its two-hundred day moving average is $148.36.

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.