Insider Selling: Shopify Inc. (TSE:SHOP) Senior Officer Sells 426 Shares of Stock

Shopify Inc. (TSE:SHOP) Senior Officer Harley Michael Finkelstein sold 426 shares of the firm’s stock in a transaction dated Monday, October 28th. The shares were sold at an average price of C$110.63, for a total value of C$47,130.08.

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

• On Monday, September 9th, Harley Michael Finkelstein sold 5,142 shares of Shopify stock. The shares were 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.
• On Monday, August 26th, Harley Michael Finkelstein sold 3,319 shares of Shopify stock. The stock was sold at an average price of C$75.63, for a total transaction of C$251,027.59.

Shopify Stock Down 0.6 %

Shares of SHOP stock traded down C$0.72 during mid-day trading on Wednesday, hitting C$111.33. The stock had a trading volume of 474,216 shares, compared to its average volume of 2,628,536. Shopify Inc. has a 12-month low of C$63.16 and a 12-month high of C$123.20. The company has a debt-to-equity ratio of 12.40, a current ratio of 7.32 and a quick ratio of 5.74. The firm’s 50-day moving average is C$105.37 and its two-hundred day moving average is C$94.63. The firm has a market capitalization of C$134.71 billion, a P/E ratio of 81.79, a price-to-earnings-growth ratio of 0.87 and a beta of 2.36.

Analyst Ratings Changes

Separately, ATB Capital boosted their price objective on Shopify from C$115.00 to C$120.00 in a research note on Thursday, August 8th.

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.