Shopify Inc. (TSE:SHOP) Senior Officer Sells C$453,669.15 in Stock

Shopify Inc. (TSE:SHOP) Senior Officer Harley Michael Finkelstein sold 2,949 shares of the business’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of C$153.84, for a total transaction of C$453,669.15.

Harley Michael Finkelstein also recently made the following trade(s):

• On Monday, October 28th, Harley Michael Finkelstein sold 426 shares of Shopify stock. The stock was sold at an average price of C$110.63, for a total transaction of C$47,130.08.
• On Monday, September 9th, Harley Michael Finkelstein sold 5,142 shares of Shopify stock. The stock was sold at an average price of C$91.85, for a total value of C$472,306.23.
• On Wednesday, August 28th, Harley Michael Finkelstein sold 440 shares of Shopify stock. The shares were sold at an average price of C$98.06, for a total value of C$43,145.49.

Shopify Stock Performance

Shopify Inc. has a twelve month low of C$72.36 and a twelve month high of C$161.86. The company has a fifty day simple moving average of C$122.29 and a 200 day simple moving average of C$100.91. The firm has a market capitalization of C$191.51 billion, a PE ratio of 115.18, a P/E/G ratio of 0.87 and a beta of 2.36. The company has a quick ratio of 5.74, a current ratio of 7.32 and a debt-to-equity ratio of 12.40.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on SHOP shares. National Bankshares increased their target price on shares of Shopify from C$100.00 to C$140.00 in a research note on Wednesday, November 13th. ATB Capital downgraded shares of Shopify from an “outperform” rating to a “sector perform” rating and lifted their target price for the company from C$120.00 to C$145.00 in a report on Wednesday, November 13th.

Shopify Company Profile

Shopify Inc, a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, Australia, China, and Latin America. The company's platform enables merchants to displays, manages, markets, and sells its products through various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and access financing.