Insider Selling: Shopify Inc. (TSE:SHOP) Senior Officer Sells 394 Shares of Stock

Shopify Inc. (TSE:SHOP - Get Free Report) Senior Officer Harley Michael Finkelstein sold 394 shares of the business's stock in a transaction on Tuesday, January 28th. The stock was sold at an average price of C$160.56, for a total transaction of C$63,261.55.

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

• On Monday, December 9th, Harley Michael Finkelstein sold 4,951 shares of Shopify stock. The stock was sold at an average price of C$163.19, for a total value of C$807,961.18.
• On Monday, November 25th, Harley Michael Finkelstein sold 2,949 shares of Shopify stock. The shares were sold at an average price of C$153.84, for a total value of C$453,669.15.

Shopify Stock Down 1.7 %

TSE SHOP traded down C$2.95 during trading on Friday, hitting C$169.61. The company's stock had a trading volume of 2,475,354 shares, compared to its average volume of 1,673,024. Shopify Inc. has a fifty-two week low of C$72.36 and a fifty-two week high of C$176.99. The company has a market cap of C$205.23 billion, a PE ratio of 123.80, a P/E/G ratio of 0.87 and a beta of 2.36. 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 business's 50 day simple moving average is C$157.89 and its 200-day simple moving average is C$124.21.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on SHOP shares. ATB Capital cut shares of Shopify from an "outperform" rating to a "sector perform" rating and lifted their price target for the stock from C$120.00 to C$145.00 in a research note on Wednesday, November 13th. National Bankshares boosted their target price on Shopify from C$100.00 to C$140.00 in a research 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.