Mkt Cap $136B
P/E 102.8 fwd 45.0
52wk $94.00 - $182.19
Updated Thursday
Insider buying: $416,764,060 bought by 7 insiders (30d)
Factor divergence:
DIVERGENCE: insider_activity bullish vs analyst_revisions bearish
Est. revisions:
+1.6%
(10 up, 14 down in 30d)
Backed by structured data (insider trades, analyst ratings, or filings)
Factor Model (net +0.0)
Factor Model
net +0.0 2.9 / 10
Est. Revisions
+0.1
Insider Activity
+0.5
Momentum
-0.2
Analyst Rev.
-0.3
Narrative Gap
+0.0
Shopify drops 16% despite 34% revenue growth
Watch: Upcoming earnings and guidance updates for clarity on sustaining revenue growth and market reaction.
Shopify dropped 16% after a guidance nuance but reported 34% revenue growth, sparking debate on whether the selloff is a buying opportunity amid macro pressure. Insider buying totaled $303K from Harley Michael Finkelstein, indicating confidence. Institutional holders like D.E. Shaw and Citadel maintain strong positions despite the price drop. The stock trades 22% below its 52-week high with decelerating revenue momentum and a 2.16 put/call ratio signaling cautious sentiment.
The sharp drop on guidance contrasts Shopify's strong growth and insider confidence, highlighting market fears on valuation and macro risks that may create a potential entry point for patient investors.
Position history (2d)
bull
bear
neutral
2026-05-01
2026-05-08
Evidence
Updated Thursday
: $SHOP is down 16% on a guidance nuance, despite growing 34%. This isn't a crash, it's a gift from the trading gods. Change my mind.
reddit-stocks
9d ago
Insider buy by Finkelstein (Harley Michael) (SHOP): $303,477
11d ago
Loomis Sayles Global Growth Fund Holds Firm on Shopify (SHOP) Beyond AI Narrative
yahoo-finance
17d ago
Jim Cramer on Shopify: “I Don’t Believe It’s an Actual AI Displacement Victim”
yahoo-finance
19d ago
Insider buy by Lutke (Tobias Albin) (SHOP): $330,024
7 older signals
19d ago
Insider buy by Lutke (Tobias Albin) (SHOP): $1,650,120
23d ago
Insider buy by Goodman (Gail Faye) (SHOP): $138,504
24d ago
Insider buy by Shopify Inc (SHOP): $22,374,838
24d ago
Insider buy by Shopify Inc (SHOP): $22,811,378
Fundamentals & Data ▾
Shopify Inc.
Technology · Software - Application
Mkt Cap
$136B
P/E
102.8 fwd 45.0
Beta
2.64
52w Range
$94.00 - $182.19
Short Interest
19.1M 1.57%
Days to Cover
2.6 +14%
Technicals
mixed
vs 20d MA
+7.0%
vs 50d MA
-0.4%
from 52w Hi
-14.9%
Vol (20d)
79%
1w return
+9.5%
1m return
-5.8%
Vol ratio
0.7x
Insiders
buying
12B / 0S
Analysts
mixed
EPS Estimate
$0.40
+1.6% 30d
10up / 14dn
Est. Dispersion
43%
33 analysts
Analyst Target
$150
$105 - $200
Options P/C
0.21
2C / 0P unusual
Insider Cluster
strong buy
4B / 0S
Fund Convergence
strong
D.E. Shaw, Citadel, Two Sigma, Soros, Renaissance
Financials
Revenue
$3.2B +34% YoY
FCF
$476M
Gross Margin
49%
Op Margin
16%
Momentum:
decelerating
Top Holders
D.E. Shaw
$1.0B
Citadel
$920M
Two Sigma
$2M
Soros
Renaissance
Recent Filings & Data
insider trade
55
net buying
· $416,764,060 bought
7 insiders · 55 transactions (30d)
Recent transactions
Finkelstein (Harley Michael) · buy · $303,477
Lutke (Tobias Albin) · buy · $330,024
Hertz (Jessica) · other · $309,385
Hertz (Jessica) · other · $45,203
Hertz (Jessica) · other · $100,781
Hoffmeister (Jeff) · other · $242,567
Niehaus (Jean) · other · $50,884
Finkelstein (Harley Michael) · other · $212,061
Lutke (Tobias Albin) · buy · $7,264,320
Lutke (Tobias Albin) · buy · $1,452,864
Shopify Inc · other
Shopify Inc · buy · $22,305,131
Shopify Inc · other
Shopify Inc · buy · $22,602,125
Shopify Inc · other
Shopify Inc · buy · $22,582,977
Shopify Inc · other
Goodman (Gail Faye) · buy · $138,504
Lutke (Tobias Albin) · buy · $1,650,120
Finkelstein (Harley Michael) · buy · $85,631
Shopify Inc · buy · $18,376,911
Shopify Inc · other
Shopify Inc · buy · $17,159,444
Shopify Inc · other
Shopify Inc · buy · $16,110,451
Shopify Inc · other
Shopify Inc · buy · $14,856,572
Shopify Inc · other
Shopify Inc · buy · $14,226,431
Shopify Inc · other
Shopify Inc · buy · $13,889,941
Shopify Inc · other
Shopify Inc · buy · $14,363,843
Shopify Inc · other
Shopify Inc · buy · $15,850,639
Shopify Inc · other
Shopify Inc · buy · $18,080,310
Shopify Inc · other
Shopify Inc · buy · $20,339,253
Shopify Inc · other
Shopify Inc · buy · $21,960,278
Shopify Inc · other
Shopify Inc · buy · $22,756,286
Shopify Inc · other
Shopify Inc · buy · $22,811,378
Shopify Inc · other
Shopify Inc · buy · $22,374,838
Shopify Inc · other
Shopify Inc · buy · $21,538,167
Shopify Inc · other
Shopify Inc · buy · $20,836,700
Shopify Inc · other
Shopify Inc · buy · $20,971,883
Shopify Inc · other
Shopify Inc · buy · $21,545,562
Track Record (0/1 correct) ▾
Direction History
0/1 correct at 5 days
2026-04-28
bullish
-11.8%
✗
15 signals · latest Updated Thursday
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Direction shifts, insider clusters, filing red flags, and earnings call changes stay published on the site.