STRS OHIO has opened a new $17.2M position in $SHOP, per a new SEC 13F filing. This disclosure reflects the funds' holdings for the 12-31-2024 report period. You can see the fund's full portfolio on Quiver Quantitative, and also track the largest institutional owners of $SHOP.
$SHOP Hedge Fund Activity
We have seen 672 institutional investors add shares of $SHOP stock to their portfolio, and 739 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 6 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- BMO Capital issued a "Outperform" rating on 05/06/2025
- KeyBanc issued a "Overweight" rating on 04/23/2025
- Wedbush issued a "Outperform" rating on 04/15/2025
- Deutsche Bank issued a "Buy" rating on 01/29/2025
- Morgan Stanley issued a "Overweight" rating on 12/03/2024
- Oppenheimer issued a "Outperform" rating on 12/02/2024
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 7 analysts offer price targets for $SHOP in the last 6 months, with a median target of $110.0.
Here are some recent targets:
- Terry Tillman from Truist Financial set a target price of $100.0 on 05/06/2025
- Thanos Moschopoulos from BMO Capital set a target price of $120.0 on 05/06/2025
- Samad Samana from Jefferies set a target price of $110.0 on 05/05/2025
- Justin Patterson from KeyBanc set a target price of $105.0 on 04/23/2025
- Scott Devitt from Wedbush set a target price of $110.0 on 04/15/2025
- Dan Salmon from New Street set a target price of $115.0 on 01/10/2025
- Bhavin Shah from Deutsche Bank set a target price of $125.0 on 12/02/2024
Note that there may be inaccuracies in these estimates due to filing errors by the funds, parsing errors by us, or other anomalies.
Check out Quiver Quantitative's $SHOP ticker page for more data.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
