Shopify Inc. (TSE:SHOP) Senior Officer Sells C$829,193.57 in Stock

Shopify Inc. (TSE:SHOP) Senior Officer Jessica Hertz sold 4,963 shares of the business’s stock in a transaction on Thursday, December 12th. The stock was sold at an average price of C$167.08, for a total transaction of C$829,193.57.

Jessica Hertz also recently made the following trade(s):

• On Wednesday, November 13th, Jessica Hertz sold 26,672 shares of Shopify stock. The shares were sold at an average price of C$150.33, for a total value of C$4,009,702.63.

Shopify Stock Down 0.6 %

Shares of Shopify stock opened at C$163.22 on Friday. The stock has a market capitalization of C$197.50 billion, a price-to-earnings ratio of 119.14, a PEG ratio of 0.87 and a beta of 2.36. Shopify Inc. has a twelve month low of C$72.36 and a twelve month high of C$170.75. The company has a current ratio of 7.32, a quick ratio of 5.74 and a debt-to-equity ratio of 12.40. The business’s 50 day simple moving average is C$134.25 and its 200-day simple moving average is C$107.24.

Analyst Ratings Changes

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