Shopify Inc.

BUL:307 Stock Report

Market Cap: €140.4b

Shopify Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

BUL:307 Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
28 Aug 26Sell€225,955Harley FinkelsteinIndividual1,689€133.78
28 Aug 26Sell€330,571Jessica HertzIndividual2,471€133.78
28 Aug 26Sell€65,419Jean NiehausIndividual489€133.78
27 Aug 26Sell€1,378,880Jessica HertzIndividual10,394€132.66
06 Aug 26Sell€437,858Jean NiehausIndividual3,438€127.36
28 Jul 26Sell€189,927Harley FinkelsteinIndividual1,633€116.31
28 Jul 26Sell€290,415Jessica HertzIndividual2,497€116.31
28 Jul 26Sell€219,818Jeff HoffmeisterIndividual1,890€116.31
28 Jul 26Sell€50,244Jean NiehausIndividual432€116.31
29 Jun 26Sell€173,477Harley FinkelsteinIndividual1,704€101.81
29 Jun 26Sell€265,205Jessica HertzIndividual2,605€101.81
29 Jun 26Sell€200,761Jeff HoffmeisterIndividual1,972€101.81
29 Jun 26Sell€41,231Jean NiehausIndividual405€101.81
12 Jun 26Sell€751Prashanth Mahendra-RajahIndividual8€93.85
12 Jun 26Sell€469Lulu MeserveyIndividual5€93.85
28 May 26Sell€476,021Jessica HertzIndividual5,048€94.30
28 May 26Sell€34,796Jessica HertzIndividual369€94.30
28 May 26Sell€311,752Harley FinkelsteinIndividual3,306€94.30
28 Apr 26Sell€264,215Jessica HertzIndividual2,505€105.47
30 Mar 26Sell€190,105Jeff HoffmeisterIndividual1,950€97.49
10 Mar 26Sell€136,535Jean NiehausIndividual1,230€111.00
09 Mar 26Sell€47,930Toby ShannanIndividual428€111.99
09 Mar 26Sell€544,926Harley FinkelsteinIndividual4,866€111.99
09 Mar 26Sell€645,266Jessica HertzIndividual5,762€111.99
04 Mar 26Sell€75,113Jean NiehausIndividual682€110.14
02 Mar 26Sell€175,553Harley FinkelsteinIndividual1,722€101.95
02 Mar 26Sell€255,581Jessica HertzIndividual2,507€101.95
02 Mar 26Sell€200,631Jeff HoffmeisterIndividual1,968€101.95
02 Mar 26Sell€42,104Jean NiehausIndividual413€101.95
11 Dec 25Sell€2,511,562Toby ShannanIndividual18,000€139.53
11 Dec 25Sell€5,717,884Jessica HertzIndividual41,122€139.05
05 Nov 25Sell€145,434Jean NiehausIndividual1,008€144.28

Insider Trading Volume

Insider Buying: 307 insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of 307?
Owner TypeNumber of SharesOwnership Percentage
Private Companies10,5460.000811%
State or Government884,1540.068%
Individual Insiders79,673,0206.12%
General Public361,670,29727.8%
Institutions858,749,15566%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 42.27% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
7.5%
Capital Research and Management Company
97,557,702€10.5b8.49%0.45%
6.04%
Tobias Lutke
78,526,382€8.5b-0.82%no data
3.41%
FMR LLC
44,425,689€4.8b-4.87%0.25%
2.59%
Vanguard Capital Management, LLC
33,735,144€3.6b0%0.07%
2.23%
Baillie Gifford & Co.
29,021,841€3.1b-7%1.74%
1.98%
Invesco Capital Management LLC
25,731,626€2.8b-6.32%0.46%
1.92%
T. Rowe Price Group, Inc.
25,016,858€2.7b6.31%0.24%
1.4%
Fidelity International Ltd
18,226,469€2.0b-0.86%0.75%
1.25%
Jennison Associates LLC
16,299,259€1.8b-14.1%1.13%
1.25%
Norges Bank Investment Management
16,224,694€1.8b0%0.12%
1.11%
Loomis, Sayles & Company, L.P.
14,403,445€1.6b-0.46%2.14%
1.06%
Morgan Stanley Investment Management Inc.
13,824,490€1.5b-13.8%1.51%
1%
BMO Asset Management Corp.
13,053,711€1.4b7.67%0.48%
0.99%
Geode Capital Management, LLC
12,910,116€1.4b2.45%0.07%
0.98%
National Bank Investments Inc.
12,811,918€1.4b36%1.32%
0.87%
RBC Global Asset Management Inc.
11,353,428€1.2b1.43%0.61%
0.86%
JP Morgan Asset Management
11,232,590€1.2b-53.3%0.12%
0.83%
Vanguard Fiduciary Trust Company
10,774,862€1.2b-0.36%0.17%
0.78%
1832 Asset Management L.P.
10,187,742€1.1b30.4%1.14%
0.76%
Mackenzie Financial Corporation
9,946,334€1.1b-0.15%1.03%
0.7%
Wellington Management Group LLP
9,070,116€978.6m40.6%0.17%
0.69%
Sands Capital Management, LLC
8,935,666€964.1m-6%3.21%
0.69%
TD Asset Management, Inc.
8,932,660€963.8m2.51%0.71%
0.68%
BlackRock, Inc.
8,887,516€958.9m-11.9%0.01%
0.68%
Morgan Stanley
8,873,490€957.4m4.87%0.09%

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/22 21:54
End of Day Share Price 2026/04/24 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Shopify Inc. is covered by 86 analysts. 48 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Harshit GuptaAccountability Research Corporation
Oliver LesterArete Research Services LLP
Rocco StraussArete Research Services LLP