Lbp Am Sa Has $14.90 Million Stock Holdings in Shopify Inc. $SHOP
Lbp Am Sa reduced its stake in Shopify Inc. (NASDAQ:SHOP) by 32.2% in Q3, now holding 100,268 shares valued at approximately $14.90 million. Other institutional investors, including Vanguard and Jennison Associates, have also adjusted their positions in Shopify. The stock opened at $137.89, with a market cap of $179.51 billion. Shopify reported Q3 earnings of $0.27 EPS, surpassing estimates, and analysts predict a current fiscal year EPS of 1.12. The stock has a consensus rating of "Moderate Buy" with a price target of $171.61.
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