Filing Risk Score
72B
Regulatory filing quality and event signal from SEC disclosures
Key inputs: Recent Uncategorized 8k · Recent Other Event
Commerce platform
Shopify
$SHOPCommerce platform where merchant growth, payments exposure, margins, and platform investment shape results.
TechnologyE-commerce infrastructureCommerce platform
Signal summary
Sawse research signals
Scores summarize filing, market, ownership, and exposure records for research prioritization.
Insider Activity Signal
50C
Net insider buying/selling pattern and cluster activity
Key inputs: 2 insider transaction clusters · 2 Form 4 transactions
Event Momentum Score
100A
Directional signal from recent SEC event categorizations
Key inputs: 5 recent SEC filings · 6 fresh source updates
Quote & Trading
Delayed quote
$110.47
+$0 (0.00%)
Session timestamp: Jun 12, 2026, 2:46 PM
- Range
- 1M
- Start
- $99.84
- Latest
- $110.47
- Latest date
- Jun 11, 2026
Fundamentals
Showing the latest source-confirmed income statement values. The bar scale compares magnitude within this statement only; it is not a trend line and does not indicate positive or negative quality.
3 metrics · latest period Mar 31, 2026. 3 metrics include a prior-period comparison.
Revenue
3.17B USD
Net income
-581M USD
Operating income
382M USD
| Metric | Value | Period | Prior | Change |
|---|---|---|---|---|
| Revenue | 3.17B USD | Mar 31, 2026 | 11.56B USD | -8.39B USD (-72.6%) |
| Net income | -581M USD | Mar 31, 2026 | 1.23B USD | -1.81B USD (-147.2%) |
| Operating income | 382M USD | Mar 31, 2026 | 1.47B USD | -1.09B USD (-74.0%) |
Revenue
Mar 31, 2026
- Value
- 3.17B USD
- Change
- -8.39B USD (-72.6%)
- Prior
- 11.56B USD
Net income
Mar 31, 2026
- Value
- -581M USD
- Change
- -1.81B USD (-147.2%)
- Prior
- 1.23B USD
Operating income
Mar 31, 2026
- Value
- 382M USD
- Change
- -1.09B USD (-74.0%)
- Prior
- 1.47B USD
SEC Filings
Jun 2, 2026View on SEC
Item 7.01Regulation FD DisclosureItem 9.01Financial Statements and Exhibits
May 8, 2026View on SEC
Item 8.01Other EventsItem 9.01Financial Statements and Exhibits
May 5, 2026View on SEC
May 5, 2026View on SEC
Item 2.02Results of Operations and Financial ConditionItem 9.01Financial Statements and Exhibits
May 5, 2026View on SEC
Insider Activity
Form 4 context
Recent insider transaction activity
The 30, 90, and 365 day windows are measured backward from the newest Form 4 row loaded for this ticker. “Acquired” and “Disposed” are the Form 4 share-direction fields; they are not a Sawse conclusion about insider intent.
A cluster groups related Form 4 rows with the same transaction direction and code inside a weekly date window. Sawse flags a group as a cluster when it has multiple rows, multiple reporting owners, or at least 100,000 reported shares.
Loaded Form 4 rows10
90-day net activity0Flat net
90-day net value$6.89KFrom 4 priced rows
Detected clusters10
Last 30 days
- Rows
- 2
- Acquired
- 344,381
- Disposed
- 344,381
- Net shares
- 0
- Net value
- $3.44K
Last 90 days
- Rows
- 4
- Acquired
- 688,764
- Disposed
- 688,764
- Net shares
- 0
- Net value
- $6.89K
Last 365 days
- Rows
- 10
- Acquired
- 1,721,910
- Disposed
- 1,721,910
- Net shares
- 0
- Net value
- $17.22K
Cluster filter
Use clusters to inspect grouped Form 4 activity without scrolling through the full table.
Unclustered single rows remain in the table when All groups is selected.
10 transaction rows match the active filters; 10 rows are shown.
| Insider | Role | Group | Direction | Shares | Dollar value | Date |
|---|---|---|---|---|---|---|
| Shopify Strategic Holdings 3 LLC; SHOPIFY INC. | 10% owner; 10% owner | Cluster 1 | Acquired | 344,381 | $3.44K | Apr 28, 2026 |
| Shopify Strategic Holdings 3 LLC; SHOPIFY INC. | 10% owner; 10% owner | Cluster 2 | Disposed | 344,381 | $0 | Apr 28, 2026 |
| Shopify Strategic Holdings 3 LLC; SHOPIFY INC. | 10% owner; 10% owner | Cluster 3 | Disposed | 344,383 | $0 | Jan 29, 2026 |
| Shopify Strategic Holdings 3 LLC; SHOPIFY INC. | 10% owner; 10% owner | Cluster 4 | Acquired | 344,383 | $3.44K | Jan 29, 2026 |
| Shopify Strategic Holdings 3 LLC; SHOPIFY INC. | 10% owner; 10% owner | Cluster 5 | Acquired | 344,381 | $3.44K | Nov 14, 2025 |
| Shopify Strategic Holdings 3 LLC; SHOPIFY INC. | 10% owner; 10% owner | Cluster 6 | Disposed | 344,381 | $0 | Nov 14, 2025 |
| Shopify Strategic Holdings 3 LLC; SHOPIFY INC. | 10% owner; 10% owner | Cluster 7 | Acquired | 344,383 | $3.44K | Jul 28, 2025 |
| Shopify Strategic Holdings 3 LLC; SHOPIFY INC. | 10% owner; 10% owner | Cluster 8 | Disposed | 344,383 | $0 | Jul 28, 2025 |
| Shopify Strategic Holdings 3 LLC; SHOPIFY INC. | 10% owner; 10% owner | Cluster 9 | Disposed | 344,382 | $0 | Apr 28, 2025 |
| Shopify Strategic Holdings 3 LLC; SHOPIFY INC. | 10% owner; 10% owner | Cluster 10 | Acquired | 344,382 | $3.44K | Apr 28, 2025 |
Shopify Strategic Holdings 3 LLC; SHOPIFY INC.
10% owner; 10% owner
Cluster 1
- Direction
- Acquired
- Shares
- 344,381
- Dollar value
- $3.44K
- Date
- Apr 28, 2026
Shopify Strategic Holdings 3 LLC; SHOPIFY INC.
10% owner; 10% owner
Cluster 2
- Direction
- Disposed
- Shares
- 344,381
- Dollar value
- $0
- Date
- Apr 28, 2026
Shopify Strategic Holdings 3 LLC; SHOPIFY INC.
10% owner; 10% owner
Cluster 3
- Direction
- Disposed
- Shares
- 344,383
- Dollar value
- $0
- Date
- Jan 29, 2026
Shopify Strategic Holdings 3 LLC; SHOPIFY INC.
10% owner; 10% owner
Cluster 4
- Direction
- Acquired
- Shares
- 344,383
- Dollar value
- $3.44K
- Date
- Jan 29, 2026
Shopify Strategic Holdings 3 LLC; SHOPIFY INC.
10% owner; 10% owner
Cluster 5
- Direction
- Acquired
- Shares
- 344,381
- Dollar value
- $3.44K
- Date
- Nov 14, 2025
Shopify Strategic Holdings 3 LLC; SHOPIFY INC.
10% owner; 10% owner
Cluster 6
- Direction
- Disposed
- Shares
- 344,381
- Dollar value
- $0
- Date
- Nov 14, 2025
Shopify Strategic Holdings 3 LLC; SHOPIFY INC.
10% owner; 10% owner
Cluster 7
- Direction
- Acquired
- Shares
- 344,383
- Dollar value
- $3.44K
- Date
- Jul 28, 2025
Shopify Strategic Holdings 3 LLC; SHOPIFY INC.
10% owner; 10% owner
Cluster 8
- Direction
- Disposed
- Shares
- 344,383
- Dollar value
- $0
- Date
- Jul 28, 2025
Shopify Strategic Holdings 3 LLC; SHOPIFY INC.
10% owner; 10% owner
Cluster 9
- Direction
- Disposed
- Shares
- 344,382
- Dollar value
- $0
- Date
- Apr 28, 2025
Shopify Strategic Holdings 3 LLC; SHOPIFY INC.
10% owner; 10% owner
Cluster 10
- Direction
- Acquired
- Shares
- 344,382
- Dollar value
- $3.44K
- Date
- Apr 28, 2025
Institutional Ownership
This is a partial 13F manager view, not a full shareholder register. Concentration percentages describe the manager positions currently loaded in this table. The shares-outstanding percentage divides each manager's reported shares by the latest public share-count record when available.
Observed 13F managers8
Loaded filings
Largest loaded manager0.0%
Of loaded 13F shares
Top 10 loaded share—
Only 8 loaded
Top 25 loaded share—
Only 8 loaded
Rows with movement8
Position or value
Source: SEC 13F filings. 13F reports can arrive up to 45 days after quarter end and do not represent every shareholder. Position change is the reported share-count change versus the prior available filing. Value change is the reported market-value change and can move even when the share count is unchanged.
| Manager | Period | Shares | % Shares out. | Value | Movement |
|---|---|---|---|---|---|
| AQR Capital Management, LLCLarge position move | Mar 2026 | 2 | 0.00% | $237K | Position-29Value-$4.75M |
| AQR Capital Management, LLCPosition and value moved | Mar 2026 | 219.57K | 0.02% | $25.62B | Position+219.54KValue+$25.62B |
| AQR Capital Management, LLCPosition and value moved | Mar 2026 | 26.03K | 0.00% | $3B | Position+26KValue+$3B |
| AQR Capital Management, LLCPosition and value moved | Mar 2026 | 3.42K | 0.00% | $405.44M | Position+3.39KValue+$400.45M |
| ARK Investment Management LLCMarket value moved | Mar 2026 | 4.18M | 0.32% | $495.55B | Position+198.75KValue-$144.93B |
| Baillie Gifford & CoPosition and value moved | Mar 2026 | 2.38M | 0.18% | $282.41B | Position+2.38MValue+$282.41B |
| Baillie Gifford & CoPosition and value moved | Mar 2026 | 17.17M | 1.32% | $2036.57B | Position+17.17MValue+$2036.56B |
| AQR Capital Management, LLCPosition and value moved | Mar 2026 | 1K | 0.00% | $118.82M | Position+971Value+$113.83M |
AQR Capital Management, LLCLarge position move
Mar 2026
- Shares
- 2
- % Shares out.
- 0.00%
- Value
- $237K
- Movement
- Position-29Value-$4.75M
AQR Capital Management, LLCPosition and value moved
Mar 2026
- Shares
- 219.57K
- % Shares out.
- 0.02%
- Value
- $25.62B
- Movement
- Position+219.54KValue+$25.62B
AQR Capital Management, LLCPosition and value moved
Mar 2026
- Shares
- 26.03K
- % Shares out.
- 0.00%
- Value
- $3B
- Movement
- Position+26KValue+$3B
AQR Capital Management, LLCPosition and value moved
Mar 2026
- Shares
- 3.42K
- % Shares out.
- 0.00%
- Value
- $405.44M
- Movement
- Position+3.39KValue+$400.45M
ARK Investment Management LLCMarket value moved
Mar 2026
- Shares
- 4.18M
- % Shares out.
- 0.32%
- Value
- $495.55B
- Movement
- Position+198.75KValue-$144.93B
Baillie Gifford & CoPosition and value moved
Mar 2026
- Shares
- 2.38M
- % Shares out.
- 0.18%
- Value
- $282.41B
- Movement
- Position+2.38MValue+$282.41B
Baillie Gifford & CoPosition and value moved
Mar 2026
- Shares
- 17.17M
- % Shares out.
- 1.32%
- Value
- $2036.57B
- Movement
- Position+17.17MValue+$2036.56B
AQR Capital Management, LLCPosition and value moved
Mar 2026
- Shares
- 1K
- % Shares out.
- 0.00%
- Value
- $118.82M
- Movement
- Position+971Value+$113.83M
Editorial Coverage
Peer Comparison
| Ticker | Category | Latest revenue | Filing Risk0-100 | Insider Signal0-100 | Event Momentum0-100 |
|---|---|---|---|---|---|
| $SHOPShopify | Commerce platform | 3.17B | 72 | 50 | 100 |
| $METAMeta Platforms | Digital advertising and social platform | 38.92B | 88 | 49 | 100 |
| $GOOGAlphabet | Search, cloud, and digital advertising platform | 109.9B | 100 | 39 | 100 |
| $MSFTMicrosoft | Mega-cap software and cloud platform | 36.15B | 80 | 50 | 100 |
$SHOPShopify
Commerce platform
3.17B
- Filing Risk
- 72
- Insider Signal
- 50
- Event Momentum
- 100
$METAMeta Platforms
Digital advertising and social platform
38.92B
- Filing Risk
- 88
- Insider Signal
- 49
- Event Momentum
- 100
$GOOGAlphabet
Search, cloud, and digital advertising platform
109.9B
- Filing Risk
- 100
- Insider Signal
- 39
- Event Momentum
- 100
$MSFTMicrosoft
Mega-cap software and cloud platform
36.15B
- Filing Risk
- 80
- Insider Signal
- 50
- Event Momentum
- 100
- Filing Risk
- Measures the intensity of SEC filing patterns.
- Insider Signal
- Measures unusual Form 4 activity patterns.
- Event Momentum
- Measures recent material disclosure activity.
Scores run 0-100: higher means a stronger signal for that dimension, not a buy/sell rating. Market cap, YTD return, and P/E appear when quote history and share-count data are complete.