That sure does look like it, Lin.
Anirob, you could add your location to your personal profile (upper left, the little person icon) so that it will appear in all your posts. Very helpful when you are asking questions about gardening.
As far as moving that big shrub, timing is pretty important. Choose the coolest weather, (like now??) make sure it is well hydrated (it has actually been raining, right?) before you dig it up, and move as large a root ball as you can possibly handle. Prune the top growth in proportion to the root ball eg. if you think you're leaving behind half the roots, prune off half the top. But don't remove all the leafy growth. Thin the top growth by cutting out old branches. After you get it replanted, be sure to not let it dry out, and if you can, shade it with a piece of shade cloth, or even branches from other trees until you see new growth. Once you see new leaves, that means you also have root growth, and the plant will usually survive.
But you can't just turn your back on it, make sure it doesn't wilt, and as the weather warms up, keep an eye on it for signs of stress. If needs be, you could shade it for its whole first summer to make sure it gets it's new roots established well.