<div id="readability-page-1"><p>OVERSEA CHINESE BANKING Corp Ltd lessened its holdings in  Shopify Inc. (NASDAQ:SHOP - Free Report) <span>TSE: SHOP<span></span></span> by 96.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,871 shares of the software maker's stock after selling 45,015 shares during the quarter. OVERSEA CHINESE BANKING Corp Ltd's holdings in Shopify were worth $314,000 at the end of the most recent quarter.</p><ul><li>Affirm: A Solid Footing or More Volatility Ahead?</li></ul><p>A number of other hedge funds have also recently added to or reduced their stakes in the business. WealthCollab LLC boosted its holdings in  Shopify by 26.7% in the fourth quarter. WealthCollab LLC now owns 380 shares of the software maker's stock worth $61,000 after purchasing an additional 80 shares during the period.  Evergreen Capital Management LLC boosted its holdings in  Shopify by 3.8% in the fourth quarter. Evergreen Capital Management LLC now owns 14,488 shares of the software maker's stock worth $2,332,000 after purchasing an additional 527 shares during the period.  Greystone Financial Group LLC boosted its holdings in  Shopify by 1.9% in the fourth quarter. Greystone Financial Group LLC now owns 4,793 shares of the software maker's stock worth $772,000 after purchasing an additional 88 shares during the period.  Legacy Advisors LLC boosted its holdings in  Shopify by 15.9% in the fourth quarter. Legacy Advisors LLC now owns 1,776 shares of the software maker's stock worth $286,000 after purchasing an additional 243 shares during the period.  Finally, 55 North Private Wealth LLC acquired a new position in  Shopify in the fourth quarter worth $362,000. Institutional investors and hedge funds own  69.27% of the company's stock. </p><h2>Shopify News Roundup</h2><p>Here are the key news stories impacting Shopify this week:</p><ul>   <li><span>Positive Sentiment: </span>Partnership &amp; AI focus — Shopify’s Avenue Z Platinum partnership highlights expanding AI commerce offerings that could lift merchant ARPU and strengthen the company’s long-term growth narrative. Read More.</li>    <li><span>Positive Sentiment: </span>Analyst/earnings optimism — RBC and other analysts expect Q1 results and Q2 guidance to come in ahead of consensus, which could provide an earnings catalyst if confirmed. Read More.</li>    <li><span>Positive Sentiment: </span>Bullish analyst sentiment &amp; price targets — Several firms (e.g., CIBC reiteration) maintain Outperform/Buy ratings with mid-to-high targets, suggesting upside if execution continues. Read More.</li>    <li><span>Neutral Sentiment: </span>Product momentum — Coverage notes Shopify’s tools reshaping dropshipping and conversion-rate optimization, supporting longer-term merchant value but unlikely to move the stock immediately. Read More.</li>    <li><span>Neutral Sentiment: </span>Institutional positioning / hedge fund turnover — Reports show large, mixed institutional flows into and out of SHOP; these position shifts can amplify volatility but aren’t new fundamental signals. Read More.</li>    <li><span>Negative Sentiment: </span>Pre-earnings de-risking &amp; valuation pressure — Traders appear to be trimming exposure in high-multiple, higher-beta names ahead of earnings, producing outsized one-day moves in SHOP. Read More.</li>    <li><span>Negative Sentiment: </span>Bearish options flow — Elevated put activity and above-normal put/call ratios ahead of the report indicate some traders are explicitly betting on a downside move into earnings. Read More.</li>    <li><span>Negative Sentiment: </span>Broader market weakness hits high-beta names — A general pullback in U.S. equities is pressuring growth stocks like Shopify, magnifying declines even without company-specific negative news. Read More.</li> </ul><h2>Shopify Stock Down 5.9%</h2><ul><li>Is the ARK Innovation ETF Finding a Floor? Tesla and Robinhood Set the Tone</li></ul><p>Shares of NASDAQ SHOP opened at $124.23 on Friday. Shopify Inc. has a fifty-two week low of $88.14 and a fifty-two week high of $182.19. The firm's 50-day simple moving average is $121.89 and its 200 day simple moving average is $143.48. The stock has a market cap of $162.01 billion, a P/E ratio of 133.58, a P/E/G ratio of 4.69 and a beta of 2.82. </p><h2>Analyst Ratings Changes</h2><p>A number of equities analysts have commented on SHOP shares. BMO Capital Markets  set a $160.00 price objective on shares of Shopify in a report on Thursday, February 12th. Truist Financial  set a $150.00 price objective on shares of Shopify and gave the stock a &#34;buy&#34; rating in a report on Tuesday, February 17th. Piper Sandler assumed coverage on shares of Shopify in a report on Thursday, March 12th. They issued an &#34;overweight&#34; rating and a $165.00 price objective for the company. Benchmark reduced their price target on shares of Shopify from $195.00 to $145.00 and set a &#34;buy&#34; rating for the company in a report on Tuesday, February 10th. Finally, Stifel Nicolaus  set a $115.00 price target on shares of Shopify and gave the company a &#34;hold&#34; rating in a report on Wednesday, February 11th. Three equities research 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 stock. According to MarketBeat.com, Shopify  has an average rating of &#34;Moderate Buy&#34; and a consensus price target of $162.70.</p><ul><li>As Investors Flee U.S. Equities, This Global ETF Is Outperforming</li></ul><p><b>View Our Latest Research Report on SHOP</b></p><h2>About Shopify</h2> (Free Report)<p>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.  </p><p>Beyond storefront software, Shopify offers a range of merchant services and tools designed to simplify commerce operations.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Shopify</li></ul><p><strong>Want to see what other hedge funds are holding SHOP?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Shopify Inc. (NASDAQ:SHOP - Free Report) <span>TSE: SHOP<span></span></span>.</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9U0hPUA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9U0hPUA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Shopify Right Now?</h2><p>Before you consider Shopify, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Shopify wasn't on the list.</p><p>While Shopify currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

SHOP

IBUY

ONLN

SHPU

EBIZ

<p>OVERSEA CHINESE BANKING Corp Ltd reduced its holdings in Shopify Inc. (NASDAQ:SHOP) by 96% in Q4, owning 1,871 shares after selling 45,015 shares. Other hedge funds, like WealthCollab LLC and Evergreen Capital Management LLC, increased their stakes. Institutional investors own 69.27% of Shopify. Analysts maintain positive sentiment with expectations for Q1 results, while the stock has faced volatility due to broader market weakness and bearish options flow. Shopify shares opened at $124.23, with a market cap of $162.01 billion and a P/E ratio of 133.58.</p>

Market Beat

Shopify 

Amplify Online Retail ETF

ProShares Online Retail

VanEck Retail ETF

Direxion Daily SHOP Bull 2X ETF

SPDR S&P Retail ETF

Global X E-commerce ETF

Shopify Inc. $SHOP Shares Sold by OVERSEA CHINESE BANKING Corp Ltd