Shopify Inc. (TSE:SHOP) Senior Officer Harley Michael Finkelstein Sells 394 Shares

Shopify Inc. (TSE:SHOP) Senior Officer Harley Michael Finkelstein sold 394 shares of the firm’s stock in a transaction on Tuesday, January 28th. The stock was sold at an average price of C$160.56, for a total value 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 transaction 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 transaction of C$453,669.15.

Shopify Trading Down 0.4 %

Shares of TSE SHOP opened at C$168.46 on Thursday. Shopify Inc. has a 1 year low of C$72.36 and a 1 year high of C$171.84. 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 firm has a 50-day moving average of C$156.55 and a 200 day moving average of C$122.78. The stock has a market cap of C$203.84 billion, a P/E ratio of 122.96, a price-to-earnings-growth ratio of 0.87 and a beta of 2.36.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the company. ATB Capital cut 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 research report on Wednesday, November 13th. National Bankshares lifted their price target on Shopify from C$100.00 to C$140.00 in a research report 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.