Shopify Inc. (TSE:SHOP) Senior Officer Harley Michael Finkelstein Sells 1,711 Shares

Shopify Inc. (TSE:SHOP) Senior Officer Harley Michael Finkelstein sold 1,711 shares of the business’s stock in a transaction that occurred on Friday, February 28th. The shares were sold at an average price of C$158.03, for a total transaction of C$270,390.18.

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

• 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.
• On Tuesday, January 28th, Harley Michael Finkelstein sold 394 shares of Shopify stock. The shares were sold at an average price of C$160.56, for a total transaction of C$63,261.55.
• On Monday, December 9th, Harley Michael Finkelstein sold 4,951 shares of Shopify stock. The shares were sold at an average price of C$163.19, for a total transaction of C$807,961.18.

Shopify Stock Performance

Shares of SHOP opened at C$154.55 on Tuesday. The company’s fifty day moving average is C$162.03 and its 200-day moving average is C$136.89. Shopify Inc. has a 12 month low of C$72.36 and a 12 month high of C$183.53. The firm has a market cap of C$143.93 billion, a price-to-earnings ratio of 69.97, a price-to-earnings-growth ratio of 0.87 and a beta of 2.36. The company has a quick ratio of 5.74, a current ratio of 3.71 and a debt-to-equity ratio of 9.74.

Wall Street Analyst Weigh In

Several research analysts have weighed in on SHOP shares. ATB Capital lowered shares of Shopify from an “outperform” rating to a “sector perform” rating and upped their price objective for the company from C$120.00 to C$145.00 in a research note on Wednesday, November 13th. Mizuho upped their price objective 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. Finally, National Bankshares upped their price objective on shares of Shopify from C$100.00 to C$140.00 in a research note 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.