Shopify Inc’s recently made public that its Director FIDJI SIMO acquired Company’s shares for reported $41385.0 on Apr 15 ’25. In the deal valued at $82.77 per share,500 shares were bought.
Then, Tobias Lutke bought 1,032,787 shares, generating $97,959,847 in total proceeds.
Before that, Toby Shannan bought 2,902 shares. Shopify Inc shares valued at $275,217 were divested by the Director at a price of $94.84 per share.
Mizuho reiterated its Shopify Inc [SHOP] rating to a Neutral in a research note published on April 14, 2025; the price target was $85. A number of analysts have revised their coverage, including The Benchmark Company’s analysts, who increased its forecast for the stock in early February from “a Hold” to “a Buy”. New Street began covering SHOP with “Neutral” recommendation on January 10, 2025. Wedbush revised its rating on January 06, 2025. It rated SHOP as “an Outperform” which previously was an “a Neutral”.
Price Performance Review of SHOP
On Tuesday, Shopify Inc [NASDAQ:SHOP] saw its stock jump 1.38% to $83.91. Over the last five days, the stock has gained 8.85%. Shopify Inc shares have fallen nearly -21.09% since the year began. Nevertheless, the stocks have risen 19.87% over the past one year. While a 52-week high of $129.38 was reached on 02/18/25, a 52-week low of $48.56 was recorded on 04/04/25. SMA at 50 days reached $103.92, while 200 days put it at $90.95.
Levels Of Support And Resistance For SHOP Stock
The 24-hour chart illustrates a support level at 82.33, which if violated will result in even more drops to 80.76. On the upside, there is a resistance level at 85.08. A further resistance level may holdings at 86.26. The Relative Strength Index (RSI) on the 14-day chart is 41.36, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.71, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 58.46%. Stochastics %K at 35.97% indicates the stock is a holding.
How much short interest is there in Shopify Inc?
A steep rise in short interest was recorded in Shopify Inc stocks on 2025-03-31, growing by 0.39 million shares to a total of 16.27 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 15.89 million shares. There was a rise of 2.38%, which implies that there is a positive sentiment for the stock.
