Shopify Inc. (TSE:SHOP) Senior Officer Sells C$453,669.15 in Stock

Shopify Inc. (TSE:SHOP - Get Free Report) Senior Officer Harley Michael Finkelstein sold 2,949 shares of the stock in a transaction dated Monday, November 25th. The stock was sold at an average price of C$153.84, for a total transaction of C$453,669.15.

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

• On Monday, October 28th, Harley Michael Finkelstein sold 426 shares of Shopify stock. The stock was sold at an average price of C$110.63, for a total transaction of C$47,130.08.
• On Monday, September 9th, Harley Michael Finkelstein sold 5,142 shares of Shopify stock. The stock was sold at an average price of C$91.85, for a total transaction of C$472,306.23.
• On Wednesday, August 28th, Harley Michael Finkelstein sold 440 shares of Shopify stock. The stock was sold at an average price of C$98.06, for a total transaction of C$43,145.49.

Shopify Stock Performance

SHOP traded up C$2.41 on Tuesday, reaching C$157.67. The stock had a trading volume of 4,172,174 shares, compared to its average volume of 2,637,661. Shopify Inc. has a 12-month low of C$72.36 and a 12-month high of C$161.86. The company has a current ratio of 7.32, a quick ratio of 5.74 and a debt-to-equity ratio of 12.40. The business's 50-day moving average price is C$120.15 and its two-hundred day moving average price is C$100.10. The company has a market cap of C$190.78 billion, a P/E ratio of 115.09, a price-to-earnings-growth ratio of 0.87 and a beta of 2.36.

Analyst Ratings Changes

Several brokerages recently issued reports on SHOP. ATB Capital lowered shares of Shopify from an "outperform" rating to a "sector perform" rating and lifted their price objective for the company from C$120.00 to C$145.00 in a report on Wednesday, November 13th. National Bankshares lifted their price objective on shares of Shopify from C$100.00 to C$140.00 in a 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.