Shopify Inc. (TSE:SHOP) Senior Officer Harley Michael Finkelstein Sells 3,104 Shares

Shopify Inc. (TSE:SHOP) Senior Officer Harley Michael Finkelstein sold 3,104 shares of Shopify stock in a transaction on Monday, February 24th. The stock was sold at an average price of C$158.59, for a total value of C$492,263.81.

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

• On Tuesday, January 28th, Harley Michael Finkelstein sold 394 shares of Shopify stock. The stock was 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 value of C$807,961.18.

Shopify Price Performance

Shares of TSE:SHOP opened at C$160.07 on Friday. The company has a market cap of C$149.07 billion, a P/E ratio of 72.47, a P/E/G ratio of 0.87 and a beta of 2.36. The company has a quick ratio of 5.74, a current ratio of 3.71 and a debt-to-equity ratio of 9.74. Shopify Inc. has a 52 week low of C$72.36 and a 52 week high of C$183.53. The business has a fifty day simple moving average of C$161.98 and a 200-day simple moving average of C$135.50.

Analyst Ratings Changes

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