Shopify Inc. (TSE:SHOP) Senior Officer Sells C$252,232.50 in Stock

Shopify Inc. (TSE:SHOP) Senior Officer Harley Michael Finkelstein sold 1,720 shares of the stock in a transaction dated Wednesday, May 28th. The stock was sold at an average price of C$146.65, for a total transaction of C$252,232.50.

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

• On Monday, April 28th, Harley Michael Finkelstein sold 1,700 shares of Shopify stock. The stock was sold at an average price of C$135.43, for a total transaction of C$230,236.44.
• On Monday, March 10th, Harley Michael Finkelstein sold 5,214 shares of Shopify stock. The stock was sold at an average price of C$135.62, for a total transaction 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.

Shopify Price Performance

Shares of Shopify stock opened at C$143.60 on Friday. The company has a current ratio of 3.71, a quick ratio of 5.74 and a debt-to-equity ratio of 9.74. The stock has a market capitalization of C$133.73 billion, a price-to-earnings ratio of 65.01, a P/E/G ratio of 0.87 and a beta of 2.36. Shopify Inc. has a 1-year low of C$72.36 and a 1-year high of C$183.53. The firm’s 50-day moving average price is C$133.20 and its two-hundred day moving average price is C$149.19.

Analyst Upgrades and Downgrades

SHOP has been the topic of several research analyst reports. Mizuho upped their price objective on shares of Shopify from C$105.00 to C$110.00 and gave the stock a “hold” rating in a research note on Wednesday, February 12th. ATB Capital upped their price objective on shares of Shopify from C$155.00 to C$160.00 and gave the stock an “outperform” rating in a research note on Friday, May 9th.

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.