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Shopify Stock Surges – What's Driving the Increase?

Shopify shares rose 6.4% this afternoon to a price of $160.91. The stock is still trading within range of its average target price of $162.29, and over the last 52 weeks, it has recorded a 83.5% performance. Analysts have given the Large-Cap Software stock target prices ranging from $118.0 to $200.0 dollars per share, with an average rating of buy.

The stock has a very low short interest at 1.7%, and a short ratio of 3.64. The company's insiders own 0.19% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that an average number of institutional investors are invested in the stock, with 74.0% of Shopify's shares being owned by this investor type.

Institutions Invested in Shopify

Date Reported Holder Percentage Shares Value
2025-06-30 Capital World Investors 5% 57,977,406 $9,327,984,815
2025-06-30 Vanguard Group Inc 4% 49,316,695 $7,934,563,028
2025-06-30 FMR, LLC 4% 45,203,978 $7,272,867,992
2025-06-30 Capital International Investors 3% 40,056,659 $6,444,715,842
2025-06-30 BAILLIE GIFFORD & CO 3% 37,748,072 $6,073,287,281
2025-06-30 Price (T.Rowe) Associates Inc 3% 31,673,935 $5,096,019,382
2025-06-30 Morgan Stanley 2% 29,332,704 $4,719,338,728
2025-06-30 JPMORGAN CHASE & CO 2% 28,559,514 $4,594,940,190
2025-06-30 Royal Bank of Canada 2% 21,269,888 $3,422,112,267
2025-06-30 FIL LTD 2% 19,126,979 $3,077,339,639

Besides an analyst consensus of some upside potential, other market factors point to there being mixed market sentiment on Shopify.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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