Shopify Inc. (TSE:SHOP) Senior Officer Harley Michael Finkelstein Sells 2,949 Shares

Shopify Inc. (TSE:SHOP) Senior Officer Harley Michael Finkelstein sold 2,949 shares of the business’s stock in a transaction that occurred on 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 shares were sold at an average price of C$110.63, for a total value 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 transaction 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 transaction of C$43,145.49.

Shopify Stock Up 1.6 %

Shares of TSE SHOP opened at C$157.67 on Wednesday. The stock has a market cap of C$190.78 billion, a PE ratio of 115.09, a price-to-earnings-growth ratio of 0.87 and a beta of 2.36. Shopify Inc. has a 52-week low of C$72.36 and a 52-week high of C$161.86. The business has a 50-day moving average price of C$120.15 and a 200 day moving average price of C$100.10. The company has a quick ratio of 5.74, a current ratio of 7.32 and a debt-to-equity ratio of 12.40.

Analyst Upgrades and Downgrades

SHOP has been the subject of several recent research reports. 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. ATB Capital lowered 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.

About Shopify

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.