$190,000 of SHOPIFY INC lobbying was just disclosed, from Q3 of 2025, in a new Lobbying Disclosure Act filing.
This included lobbying on issues like:
"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. 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 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 Self-Employment Assistance programs and removing barriers to entrepreneurship in unemployment insurance, including support for The NO BOSS Act."
You can find more data on corporate lobbying on Quiver Quantitative.
SHOP Congressional Stock Trading
Members of Congress have traded $SHOP stock 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $SHOP stock by members of Congress over the last 6 months:
- REPRESENTATIVE LISA C. MCCLAIN sold up to $15,000 on 06/09.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
SHOP Hedge Fund Activity
We have seen 811 institutional investors add shares of SHOP stock to their portfolio, and 700 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CAPITAL RESEARCH GLOBAL INVESTORS removed 13,434,719 shares (-57.7%) from their portfolio in Q2 2025, for an estimated $1,549,694,836
- JENNISON ASSOCIATES LLC added 7,403,821 shares (+64.3%) to their portfolio in Q3 2025, for an estimated $1,100,281,838
- INVESCO LTD. added 5,927,567 shares (+146.7%) to their portfolio in Q2 2025, for an estimated $683,744,853
- CAPITAL WORLD INVESTORS added 5,875,563 shares (+11.3%) to their portfolio in Q2 2025, for an estimated $677,746,192
- JPMORGAN CHASE & CO added 5,386,343 shares (+18.9%) to their portfolio in Q3 2025, for an estimated $800,464,433
- CAPITAL INTERNATIONAL INVESTORS added 4,738,141 shares (+13.4%) to their portfolio in Q2 2025, for an estimated $546,544,564
- SANDS CAPITAL MANAGEMENT, LLC removed 4,653,206 shares (-38.3%) from their portfolio in Q2 2025, for an estimated $536,747,312
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 17 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- JP Morgan issued a "Overweight" rating on 11/05/2025
- BMO Capital issued a "Outperform" rating on 11/05/2025
- Morgan Stanley issued a "Overweight" rating on 11/05/2025
- CIBC issued a "Outperformer" rating on 11/05/2025
- Canaccord Genuity issued a "Buy" rating on 11/04/2025
- Keybanc issued a "Overweight" rating on 10/30/2025
- Oppenheimer issued a "Outperform" rating on 10/28/2025
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 28 analysts offer price targets for $SHOP in the last 6 months, with a median target of $178.0.
Here are some recent targets:
- Timothy Chiodo from UBS set a target price of $165.0 on 11/05/2025
- Reginald Smith from JP Morgan set a target price of $180.0 on 11/05/2025
- Deepak Mathivanan from Cantor Fitzgerald set a target price of $181.0 on 11/05/2025
- Gil Luria from DA Davidson set a target price of $195.0 on 11/05/2025
- Kevin Krishnaratne from Scotiabank set a target price of $165.0 on 11/05/2025
- Keith Weiss from Morgan Stanley set a target price of $192.0 on 11/05/2025
- Terry Tillman from Truist Securities set a target price of $155.0 on 11/05/2025
This article is not financial advice. See Quiver Quantitative's disclaimers for more information.
