$180,000 of SHOPIFY INC lobbying was just disclosed, from Q2 of 2025, in a new Lobbying Disclosure Act filing.
This included lobbying on issues like:
"Issues related to the reform of laws relating to the protection of intellectual property rights. Issues related to competition in the market for credit card routing, including support for The Credit Card Competition Act. Issues related to the growth of independent small businesses in the digital economy. Issues related to online government resources for small businesses, including support for the One Stop Shop for Small Business Licensing Act. Issues related to modernizing small business grants and mentoring to promote a greater focus on e-commerce. Issues related to combating online sale of counterfeit goods. Issues related to consumer privacy. Issues related to Self-Employment Assistance programs and removing barriers to entrepreneurship in unemployment insurance, including support for The NO BOSS Act. Issues related to accessibility standards for website design. Issues related to artificial intelligence and its benefits for small business. Issues related to the regulation of financial technology. Issues related to small business and corporate tax reform, including support for H.R. 703 / S. 213, the Main Street Tax Certainty Act, and H.R. 1, One Big Beautiful Bill Act. Issues related to the impact of tariffs and changes to the de minimis exemption on small businesses."
You can find more data on corporate lobbying on Quiver Quantitative.
SHOP Congressional Stock Trading
Members of Congress have traded $SHOP stock 4 times in the past 6 months. Of those trades, 2 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $SHOP stock by members of Congress over the last 6 months:
- REPRESENTATIVE ROBERT BRESNAHAN sold up to $15,000 on 04/03.
- REPRESENTATIVE JOSH GOTTHEIMER has traded it 3 times. They made 2 purchases worth up to $30,000 on 02/12, 02/03 and 1 sale worth up to $15,000 on 03/19.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
SHOP Hedge Fund Activity
We have seen 706 institutional investors add shares of SHOP stock to their portfolio, and 686 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- EDGEWOOD MANAGEMENT LLC added 8,646,159 shares (+inf%) to their portfolio in Q1 2025, for an estimated $825,535,261
- PRICE T ROWE ASSOCIATES INC /MD/ removed 7,892,382 shares (-18.8%) from their portfolio in Q1 2025, for an estimated $753,564,633
- FMR LLC added 5,507,642 shares (+12.6%) to their portfolio in Q1 2025, for an estimated $525,869,658
- JPMORGAN CHASE & CO added 4,597,678 shares (+19.6%) to their portfolio in Q1 2025, for an estimated $438,986,295
- GOLDMAN SACHS GROUP INC added 4,550,721 shares (+128.0%) to their portfolio in Q1 2025, for an estimated $434,502,841
- JENNISON ASSOCIATES LLC added 4,036,326 shares (+324.3%) to their portfolio in Q1 2025, for an estimated $385,388,406
- BAILLIE GIFFORD & CO removed 3,898,764 shares (-6.5%) from their portfolio in Q1 2025, for an estimated $372,253,986
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
SHOP Analyst Ratings
Wall Street analysts have issued reports on $SHOP in the last several months. We have seen 16 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Oppenheimer issued a "Outperform" rating on 07/28/2025
- CIBC issued a "Outperformer" rating on 07/18/2025
- Baird issued a "Outperform" rating on 07/14/2025
- Needham issued a "Buy" rating on 07/14/2025
- DA Davidson issued a "Buy" rating on 06/16/2025
- Wells Fargo issued a "Overweight" rating on 06/06/2025
- JP Morgan issued a "Overweight" rating on 05/09/2025
To track analyst ratings and price targets for SHOP, check out Quiver Quantitative's $SHOP forecast page.
SHOP Price Targets
Multiple analysts have issued price targets for $SHOP recently. We have seen 29 analysts offer price targets for $SHOP in the last 6 months, with a median target of $120.0.
Here are some recent targets:
- Ken Wong from Oppenheimer set a target price of $145.0 on 07/28/2025
- Justin Patterson from Keybanc set a target price of $145.0 on 07/22/2025
- Anthony Chukumba from Loop Capital set a target price of $120.0 on 07/22/2025
- Todd Coupland from CIBC set a target price of $145.0 on 07/18/2025
- Parker Lane from Stifel set a target price of $110.0 on 07/15/2025
- Scott Berg from Needham set a target price of $135.0 on 07/14/2025
- Colin Sebastian from Baird set a target price of $120.0 on 07/14/2025
This article is not financial advice. See Quiver Quantitative's disclaimers for more information.
