Shopify Inc. (TSE:SHOP) Senior Officer Harley Michael Finkelstein Sells 5,214 Shares

Shopify Inc. (TSE:SHOP) Senior Officer Harley Michael Finkelstein sold 5,214 shares of the stock in a transaction dated Monday, March 10th. The shares were sold at an average price of C$135.62, for a total value of C$707,147.04.

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

• On Friday, February 28th, Harley Michael Finkelstein sold 1,711 shares of Shopify stock. The shares were sold at an average price of C$158.03, for a total value of C$270,390.18.
• 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 transaction of C$63,261.55.

Shopify Stock Performance

Shares of SHOP stock opened at C$133.93 on Tuesday. The firm has a market capitalization of C$124.73 billion, a price-to-earnings ratio of 60.64, a PEG ratio of 0.87 and a beta of 2.36. The stock has a fifty day moving average of C$160.76 and a 200 day moving average of C$138.39. Shopify Inc. has a 52 week low of C$72.36 and a 52 week high of C$183.53. The company has a quick ratio of 5.74, a current ratio of 3.71 and a debt-to-equity ratio of 9.74.

Analyst Ratings Changes

A number of research firms have issued reports on SHOP. ATB Capital cut shares of Shopify from an “outperform” rating to a “sector perform” rating and boosted their price objective for the company from C$120.00 to C$145.00 in a research report on Wednesday, November 13th. Mizuho raised their target price on Shopify from C$105.00 to C$110.00 and gave the stock a “hold” rating in a research note on Wednesday, February 12th. Finally, National Bankshares upped their price target 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.