Shopify Ownership

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

Recent Insider Transactions

BMV:SHOP N Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
12 Dec 24	SellMex$11,782,899	Jessica Hertz	Individual	4,963	Mex$2,374.15
14 Nov 24	SellMex$70,412,485	Kasra Nejatian	Individual	31,250	Mex$2,253.20
14 Nov 24	SellMex$4,475,071	Colleen Johnston	Individual	2,000	Mex$2,237.54
13 Nov 24	SellMex$19,662,602	Harley Finkelstein	Individual	8,877	Mex$2,215.01
13 Nov 24	SellMex$69,107,042	Kasra Nejatian	Individual	31,250	Mex$2,239.61
13 Nov 24	SellMex$34,436,635	Toby Shannan	Individual	15,000	Mex$2,295.78
08 Aug 24	SellMex$59,963,807	Kasra Nejatian	Individual	48,387	Mex$1,239.25
06 Jun 24	SellMex$1,074	Toby Shannan	Individual	1	Mex$1,073.52
28 May 24	SellMex$728,313	Jessica Hertz	Individual	768	Mex$948.32
01 Apr 24	SellMex$78,356	Harley Finkelstein	Individual	60	Mex$1,311.65
11 Mar 24	SellMex$6,743,677	Harley Finkelstein	Individual	5,353	Mex$1,259.79
29 Feb 24	SellMex$1,370,415	Harley Finkelstein	Individual	1,066	Mex$1,292.59
28 Feb 24	SellMex$718,792	Jessica Hertz	Individual	561	Mex$1,281.27

Insider Trading Volume

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

Ownership Breakdown

What is the ownership structure of SHOP N?
Owner Type	Number of Shares	Ownership Percentage
State or Government	712,732	0.0552%
Individual Insiders	81,188,425	6.28%
General Public	356,751,591	27.6%
Institutions	853,446,769	66.1%

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

Top Shareholders

Top 25 shareholders own 49.41% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
9.63%	Capital Research and Management Company	124,436,209	Mex$276.8b	9.52%	0.63%
6.16%	Tobias Lütke	79,550,132	Mex$177.0b	0%	no data
4.9%	Baillie Gifford & Co.	63,366,308	Mex$141.0b	14.7%	2.99%
3.7%	T. Rowe Price Group, Inc.	47,769,041	Mex$106.3b	4.92%	0.45%
3.58%	The Vanguard Group, Inc.	46,298,950	Mex$103.0b	1.67%	0.07%
3.21%	FMR LLC	41,500,126	Mex$92.3b	16.1%	0.26%
2.67%	Morgan Stanley Investment Management Inc.	34,541,700	Mex$76.8b	-14.6%	2.91%
1.47%	Polen Capital Management, LLC	18,970,816	Mex$42.2b	28.9%	4.94%
1.17%	Sands Capital Management, LLC	15,171,797	Mex$33.7b	2.95%	4.04%
1.17%	Loomis Sayles & Company, L.P.	15,083,210	Mex$33.6b	-2.85%	1.94%
1.1%	Norges Bank Investment Management	14,229,507	Mex$31.7b	0%	0.12%
1.09%	Fidelity International Ltd	14,091,822	Mex$31.3b	42.2%	0.65%
0.91%	Nikko Asset Management Co., Ltd.	11,784,184	Mex$26.2b	94.9%	0.46%
0.9%	JP Morgan Asset Management	11,574,363	Mex$25.7b	-38.6%	0.14%
0.85%	RBC Global Asset Management Inc.	11,010,621	Mex$24.5b	-1.61%	0.74%
0.84%	Franklin Resources, Inc.	10,868,399	Mex$24.2b	-4.77%	0.41%
0.8%	BMO Asset Management Corp.	10,361,542	Mex$23.0b	-8.25%	0.43%
0.76%	Artisan Partners Limited Partnership	9,775,471	Mex$21.7b	9.2%	0.82%
0.71%	Arrowstreet Capital, Limited Partnership	9,170,717	Mex$20.4b	8.53%	0.78%
0.7%	TD Asset Management, Inc.	9,024,787	Mex$20.1b	4.19%	0.72%
0.65%	Canadian Imperial Bank of Commerce, Asset Management Arm	8,462,873	Mex$18.8b	-1.85%	1.97%
0.64%	Legal & General Investment Management Limited	8,300,617	Mex$18.5b	0.81%	0.16%
0.64%	Manulife Asset Management	8,211,511	Mex$18.3b	6.27%	0.66%
0.58%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	7,470,369	Mex$16.6b	31.2%	0.19%
0.57%	National Bank Investments Inc.	7,408,880	Mex$16.5b	28%	1.04%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/27 08:45
End of Day Share Price	2024/12/23 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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 here.

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 world class team 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 .

Analyst Sources

Shopify Inc. is covered by 80 analysts. 46 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Harshit Gupta	Accountability Research Corporation
Richard Kramer	Arete Research Services LLP
Rocco Strauss	Arete Research Services LLP