Shopify Inc. (TSE:SHOP) Senior Officer Jessica Hertz Sells 26,672 Shares

Shopify Inc. (TSE:SHOP) Senior Officer Jessica Hertz sold 26,672 shares of Shopify stock in a transaction dated Wednesday, November 13th. The stock was sold at an average price of C$150.33, for a total value of C$4,009,702.63.

Shopify Trading Down 0.4 %

TSE SHOP opened at C$152.87 on Friday. The company has a market cap of C$184.97 billion, a P/E ratio of 111.58, a P/E/G ratio of 0.87 and a beta of 2.36. Shopify Inc. has a 12 month low of C$72.36 and a 12 month high of C$161.86. 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 has a 50-day moving average of C$111.46 and a 200-day moving average of C$96.99.

Analysts Set New Price Targets

A number of brokerages have recently commented on SHOP. ATB Capital lowered 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. National Bankshares boosted their price target on Shopify from C$100.00 to C$140.00 in a report on Wednesday.

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.