Jessica Hertz Sells 4,963 Shares of Shopify Inc. (TSE:SHOP) Stock

Shopify Inc. (TSE:SHOP - Get Free Report) Senior Officer Jessica Hertz sold 4,963 shares of the stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of C$167.08, for a total transaction of C$829,193.57.

Jessica Hertz also recently made the following trade(s):

• On Wednesday, November 13th, Jessica Hertz sold 26,672 shares of Shopify stock. The shares were sold at an average price of C$150.33, for a total value of C$4,009,702.63.

Shopify Stock Down 0.6 %

Shares of SHOP traded down C$0.95 during midday trading on Friday, reaching C$163.22. The stock had a trading volume of 1,425,883 shares, compared to its average volume of 2,610,975. 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 company's fifty day simple moving average is C$134.25 and its two-hundred day simple moving average is C$107.44. The company has a market cap of C$197.50 billion, a price-to-earnings ratio of 119.14, a PEG 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$170.75.

Analyst Upgrades and Downgrades

SHOP has been the subject of a number of recent analyst reports. National Bankshares raised their price objective on Shopify from C$100.00 to C$140.00 in a research report on Wednesday, November 13th. ATB Capital downgraded shares of Shopify from an "outperform" rating to a "sector perform" rating and lifted their target price for the company from C$120.00 to C$145.00 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.