Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Shopify Inc shares valued at $41,385 were purchased by FIDJI SIMO on Apr 15 ’25. At $82.77 per share, FIDJI SIMO acquired 500 shares.
Also, Tobias Lutke purchased 1,032,787 shares, netting a total of over 97,959,847 in proceeds.
Before that, Toby Shannan had added 2,902 shares to its account. In a trade valued at $275,217, the Director bought Shopify Inc shares for $94.84 each.
As published in a research note from CapitalOne on May 08, 2025, Shopify Inc [SHOP] has been rated up from an Equal weight to an Overweight. Analysts at BMO Capital Markets started covering the stock with ‘”an Outperform”‘ outlook in a report released in early May. As of May 05, 2025, BNP Paribas Exane has decreased its “an Outperform” rating to a “Neutral” for SHOP. Earlier on April 14, 2025, Mizuho resumed its rating. Their recommendation was “a Neutral” for SHOP stock.
Analyzing SHOP Stock Performance
During the last five days, there has been a drop of approximately -3.10%. Over the course of the year, Shopify Inc shares have dropped approximately -11.60%. Shares of the company reached a 52-week high of $129.38 on 02/18/25 and a 52-week low of $69.84 on 04/04/25. A 50-day SMA is recorded $95.03, while a 200-day SMA reached $93.14.
Support And Resistance Levels for Shopify Inc (SHOP)
According to the 24-hour chart, there is a support level at 89.49, which, if violated, would cause prices to drop to 84.97. In the upper region, resistance lies at 97.17. The next price resistance is at 100.33. RSI (Relative Strength Index) is 50.20 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.18, which suggests the price will decrease in the coming days. Percent R is at 32.22%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
