Shopify Inc. (TSE:SHOP) Senior Officer Sells C$230,236.44 in Stock

Shopify Inc. (TSE:SHOP) Senior Officer Harley Michael Finkelstein sold 1,700 shares of the business’s stock in a transaction dated Monday, April 28th. The stock was sold at an average price of C$135.43, for a total value of C$230,236.44.

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

• On Monday, March 10th, Harley Michael Finkelstein sold 5,214 shares of Shopify stock. The shares were sold at an average price of C$135.62, for a total value of C$707,147.04.
• On Friday, February 28th, Harley Michael Finkelstein sold 1,711 shares of Shopify stock. The stock was sold at an average price of C$158.03, for a total transaction of C$270,390.18.
• On Monday, February 24th, Harley Michael Finkelstein sold 3,104 shares of Shopify stock. The shares were sold at an average price of C$158.59, for a total transaction of C$492,263.81.

Shopify Price Performance

Shares of TSE SHOP opened at C$136.86 on Wednesday. The business has a 50 day simple moving average of C$136.00 and a 200-day simple moving average of C$145.03. Shopify Inc. has a twelve month low of C$72.36 and a twelve month high of C$183.53. The company has a market capitalization of C$127.46 billion, a price-to-earnings ratio of 61.96, a price-to-earnings-growth ratio of 0.87 and a beta of 2.36. The company has a current ratio of 3.71, a quick ratio of 5.74 and a debt-to-equity ratio of 9.74.

Wall Street Analyst Weigh In

Separately, Mizuho upped their target price on shares of Shopify from C$105.00 to C$110.00 and gave the company a “hold” rating in a research note on Wednesday, February 12th.

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.