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

Shopify Inc. (TSE:SHOP - Get Free Report) Senior Officer Harley Michael Finkelstein sold 1,711 shares of the company's stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of C$158.03, for a total value 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 stock was 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 value of C$63,261.55.
• 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 transaction of C$807,961.18.

Shopify Stock Performance

Shares of SHOP stock traded down C$2.79 on Friday, hitting C$143.85. The company's stock had a trading volume of 3,572,192 shares, compared to its average volume of 2,021,584. Shopify Inc. has a fifty-two week low of C$72.36 and a fifty-two week high of C$183.53. The company has a debt-to-equity ratio of 9.74, a quick ratio of 5.74 and a current ratio of 3.71. The stock's 50 day moving average is C$161.38 and its 200-day moving average is C$137.38. The company has a market capitalization of C$133.97 billion, a PE ratio of 65.13, a PEG ratio of 0.87 and a beta of 2.36.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on SHOP. ATB Capital cut Shopify from an "outperform" rating to a "sector perform" rating and increased their price target for the company from C$120.00 to C$145.00 in a research note on Wednesday, November 13th. National Bankshares increased their price objective on shares of Shopify from C$100.00 to C$140.00 in a research report on Wednesday, November 13th. Finally, Mizuho lifted their target price on shares of Shopify from C$105.00 to C$110.00 and gave the stock a "hold" rating in a report on Wednesday, February 12th.

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.