Nomura Asset Management Co. Ltd. Has $14.71 Million Position in Shopify Inc. $SHOP

Nomura Asset Management Co. Ltd. raised its position in shares of Shopify Inc. (NASDAQ:SHOP) (TSE:SHOP) by 6.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 91,411 shares of the software maker’s stock after purchasing an additional 5,815 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in Shopify were worth $14,714,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in SHOP. Principal Financial Group Inc. grew its holdings 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 valued at $67,006,000 after acquiring an additional 63,300 shares in the last quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd grew its holdings in shares of Shopify by 65.5% during the 3rd quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 158,514 shares of the software maker’s stock valued at $23,557,000 after acquiring an additional 62,743 shares in the last quarter. M&T Bank Corp grew its holdings in shares of Shopify by 37.1% during the 4th quarter. M&T Bank Corp now owns 81,082 shares of the software maker’s stock valued at $13,051,000 after acquiring an additional 21,945 shares in the last quarter. Triasima Portfolio Management inc. grew its holdings in shares of Shopify by 11.0% during the 4th quarter. Triasima Portfolio Management inc. now owns 182,338 shares of the software maker’s stock valued at $29,398,000 after acquiring an additional 18,028 shares in the last quarter. Finally, Assetmark Inc. grew its holdings in shares of Shopify by 6.7% during the 4th quarter. Assetmark Inc. now owns 213,583 shares of the software maker’s stock valued at $34,380,000 after acquiring an additional 13,415 shares in the last quarter. 69.27% of the stock is owned by institutional investors and hedge funds.

Shopify News Roundup

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: Shopify authorized an additional $3 billion for share repurchases, increasing total buyback capacity to $5 billion. Buybacks can boost shareholder value by reducing share count and often signal strong free cash flow and confidence in future performance. Article Title
• Positive Sentiment: Recent commentary highlighted improving fundamentals, including expanding margins, accelerating gross merchandise volume, and deeper AI integration across Shopify’s platform, which supports the long-term growth narrative for SHOP. Article Title
• Positive Sentiment: Another note pointed to strong investor interest, with Zacks saying Shopify is a “trending stock,” suggesting the name remains heavily watched by traders looking for a catalyst. Article Title
• Neutral Sentiment: Articles about Shopify Plus enterprise features and Reddit’s expanded Shopify partnership are supportive of the ecosystem, but they do not appear to be direct stock-moving catalysts today. Article Title Article Title
• Negative Sentiment: One article raised concern that higher large language model costs could pressure Subscription Solutions margins even as Shopify’s AI assistant Sidekick grows quickly, which could temper enthusiasm around AI investments if costs keep rising. Article Title

Shopify Price Performance

NASDAQ SHOP opened at $124.12 on Wednesday. Shopify Inc. has a fifty-two week low of $94.00 and a fifty-two week high of $182.19. The stock’s 50-day moving average is $114.75 and its two-hundred day moving average is $133.64. The firm has a market cap of $161.07 billion, a P/E ratio of 122.89, a price-to-earnings-growth ratio of 3.48 and a beta of 2.60.

Shopify (NASDAQ:SHOP) (TSE:SHOP) last posted 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 return on equity of 12.07% and a net margin of 10.77%.The company had revenue of $3.17 billion for the quarter, compared to analyst estimates of $3.08 billion. On average, equities analysts expect that Shopify Inc. will post 1.36 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms have recently commented on SHOP. Stifel Nicolaus set a $115.00 price target on shares of Shopify and gave the company a “hold” rating in a report on Wednesday, February 11th. Weiss Ratings cut shares of Shopify from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, May 6th. Mizuho upgraded shares of Shopify from a “neutral” rating to an “outperform” rating and set a $150.00 price target on the stock in a report on Thursday, February 12th. Canaccord Genuity Group lowered their price target on shares of Shopify from $165.00 to $145.00 and set a “buy” rating on the stock in a report on Wednesday, May 6th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $175.00 price target on shares of Shopify in a report on Thursday, February 12th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $157.17.

Shopify 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.