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Shopify's stock saw institutional shifts, with Thornburg cutting shares and Cary Street adding, as analysts maintain a "Moderate Buy" rating.
Shopify Inc. (SHOP) saw institutional activity with Thornburg Investment Management reducing its stake by 31,551 shares, while Cary Street Partners increased its position.
The company, a Canadian e-commerce platform, has a market cap of $156.53 billion and a P/E ratio of 129.29.
Analysts' consensus rating is "Moderate Buy" with a target of $162.64.
The stock opened at $120.24, with a 52-week range of $69.84 to $182.19.
Institutional ownership stands at 69.27%.
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Las acciones de Shopify vieron cambios institucionales, con Thornburg recortando acciones y Cary Street agregando, ya que los analistas mantienen una calificación de "Compra moderada".