Fund Update: New $115.5M $SHOP stock position opened by VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P.

VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. has opened a new $115.5M position in $SHOP, per a new SEC 13F filing. This disclosure reflects the funds’ holdings for the 03-31-2026 report period. You can see the fund’s full portfolio on Quiver Quantitative, and also track the largest institutional owners of $SHOP.

$SHOP Hedge Fund Activity

We have seen 829 institutional investors add shares of $SHOP stock to their portfolio, and 795 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

• CAPITAL RESEARCH GLOBAL INVESTORS removed 7,594,495 shares (-79.8%) from their portfolio in Q4 2025, for an estimated $1,222,485,860
• WCM INVESTMENT MANAGEMENT, LLC added 6,700,679 shares (+inf%) to their portfolio in Q4 2025, for an estimated $1,078,608,298
• CAPITAL WORLD INVESTORS removed 5,789,891 shares (-10.8%) from their portfolio in Q4 2025, for an estimated $931,998,754
• ROCKEFELLER CAPITAL MANAGEMENT L.P. added 5,435,549 shares (+476.9%) to their portfolio in Q4 2025, for an estimated $874,960,322
• 1832 ASSET MANAGEMENT L.P. added 4,373,310 shares (+127.1%) to their portfolio in Q4 2025, for an estimated $703,971,710
• BAILLIE GIFFORD & CO removed 4,237,555 shares (-12.0%) from their portfolio in Q4 2025, for an estimated $682,119,228
• POLEN CAPITAL MANAGEMENT LLC removed 3,859,034 shares (-34.9%) from their portfolio in Q4 2025, for an estimated $621,188,702

To track hedge funds’ stock portfolios, check out Quiver Quantitative’s institutional holdings dashboard.

$SHOP Congressional Stock Trading

Members of Congress have traded $SHOP stock 3 times in the past 6 months. Of those trades, 1 have been purchases and 2 have been sales.

Here’s a breakdown of recent trading of $SHOP stock by members of Congress over the last 6 months:

To track congressional stock trading, check out Quiver Quantitative’s congressional trading dashboard.

$SHOP Analyst Ratings

Wall Street analysts have issued reports on $SHOP in the last several months. We have seen 10 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

• Needham issued a “Buy” rating on 02/12/2026
• Mizuho issued a “Outperform” rating on 02/12/2026
• Scotiabank issued a “Sector Outperform” rating on 01/08/2026
• Morgan Stanley issued a “Overweight” rating on 11/05/2025
• BMO Capital issued a “Outperform” rating on 11/05/2025
• JP Morgan issued a “Overweight” rating on 11/05/2025
• CIBC issued a “Outperformer” rating on 11/05/2025

To track analyst ratings and price targets for $SHOP, check out Quiver Quantitative’s $SHOP forecast page.

$SHOP Price Targets

Multiple analysts have issued price targets for $SHOP recently. We have seen 24 analysts offer price targets for $SHOP in the last 6 months, with a median target of $168.0.

Here are some recent targets:

• Ken Gawrelski from Wells Fargo set a target price of $166.0 on 04/06/2026
• James Callahan from Piper Sandler set a target price of $165.0 on 03/12/2026
• Samad Samana from Jefferies set a target price of $150.0 on 03/09/2026
• Terry Tillman from Truist Securities set a target price of $150.0 on 02/17/2026
• Tyler Radke from Citigroup set a target price of $172.0 on 02/13/2026
• Deepak Mathivanan from Cantor Fitzgerald set a target price of $126.0 on 02/12/2026
• Trevor Young from Barclays set a target price of $130.0 on 02/12/2026

Note that there may be inaccuracies in these estimates due to filing errors by the funds, parsing errors by us, or other anomalies.

Check out Quiver Quantitative’s $SHOP ticker page for more data.