Shopify Inc. (TSE:SHOP) Senior Officer Harley Michael Finkelstein Sells 2,949 Shares

Shopify Inc. (TSE:SHOP) Senior Officer Harley Michael Finkelstein sold 2,949 shares of Shopify stock in a transaction dated Monday, November 25th. The shares were sold at an average price of C$153.84, for a total value of C$453,669.15.

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

• On Monday, October 28th, Harley Michael Finkelstein sold 426 shares of Shopify stock. The shares were sold at an average price of C$110.63, for a total transaction of C$47,130.08.
• On Monday, September 9th, Harley Michael Finkelstein sold 5,142 shares of Shopify stock. The stock was sold at an average price of C$91.85, for a total transaction of C$472,306.23.
• On Wednesday, August 28th, Harley Michael Finkelstein sold 440 shares of Shopify stock. The shares were sold at an average price of C$98.06, for a total transaction of C$43,145.49.

Shopify Price Performance

Shopify stock opened at C$157.67 on Wednesday. The company has a debt-to-equity ratio of 12.40, a quick ratio of 5.74 and a current ratio of 7.32. The company’s fifty day moving average price is C$120.15 and its 200 day moving average price is C$100.10. The stock has a market capitalization of C$190.78 billion, a P/E ratio of 115.09, a P/E/G ratio of 0.87 and a beta of 2.36. Shopify Inc. has a 1 year low of C$72.36 and a 1 year high of C$161.86.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. ATB Capital downgraded Shopify from an “outperform” rating to a “sector perform” rating and boosted their target price for the stock 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 note 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.