Why Wall Street Is Suddenly Rushing Back Into Beaten-Down Shopify (SHOP) Stock
Wall Street is returning to Shopify Inc. (NASDAQ:SHOP). On July 13, Jefferies upgraded the stock from Hold to Buy and raised its target to $160 from $140.
| No. | Hedge Fund | Shares | Value | Activity | % Port |
|---|---|---|---|---|---|
| 1. | Zevenbergen Capital Investments Nancy Zevenbergen | 1,183,816 | $135,168,111 | -10% | 3.09% |
| 2. | Ardsley Partners Philip Hempleman | 32,500 | $3,708,900 | 0.39% |
| No. | Name | Shares | Value | % Port |
|---|---|---|---|---|
| 1. | 1,580,601 | $180,473,023 | 24.45% | |
| 2. | 798,719 | $129,600,145 | 3.52% | |
| 3. | 833,950 | $95,220,412 | 0.84% | |
| 4. | 764,601 | $87,302,092 | 0.54% | |
| 5. | 328,206 | $37,474,561 | 1.22% |