A director at Shopify Inc sold 33,334 shares at 111.308USD and the significance rating of the trade was 71/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly sh...
Our outlook remains bullish on global equities (MSCI ACWI). We discussed in our January 9, 2025 Int'l Compass how we viewed the pullback as a buying opportunity and we were watching for $116-$117 support to hold on ACWI-US. $116 support held perfectly, and now both ACWI-US and the S&P 500 are coiling just below all-time highs, likely setting up for major breakouts. Germany continues to lead Europe higher, and the EURO STOXX 50 has not looked back following the major 9-month base breakout above 5...
We raise our price target to $120 from $115 on slightly higher estimates following the 4Q beat. Investment Thesis: We remain Neutral rated and expect the shares to be range-bound in the near-term. We continue to expect shares to be driven largely by GMV growth relative to expectations in 2025. Positive catalysts could include increased Enterprise contribution in 2025, while downside catalysts could include any consumer-driven macro weakness in the SMB base.
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