Shopify Inc. (TSE:SHOP) Senior Officer Sells C$30,460.84 in Stock

Shopify Inc. (TSE:SHOP) Senior Officer Harley Michael Finkelstein sold 424 shares of the company’s stock in a transaction on Monday, April 29th. The stock was sold at an average price of C$71.84, for a total value of C$30,460.84.

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

• On Monday, March 18th, Harley Michael Finkelstein sold 165 shares of Shopify stock. The shares were sold at an average price of C$76.97, for a total value of C$12,700.35.
• On Monday, March 11th, Harley Michael Finkelstein sold 5,353 shares of Shopify stock. The shares were sold at an average price of C$74.90, for a total value of C$400,943.98.
• On Monday, March 4th, Harley Michael Finkelstein sold 1,198 shares of Shopify stock. The stock was sold at an average price of C$74.39, for a total value of C$89,119.22.
• On Monday, February 26th, Harley Michael Finkelstein sold 3,256 shares of Shopify stock. The stock was sold at an average price of C$77.02, for a total value of C$250,767.35.

Shopify Trading Up 0.6 %

Shopify stock traded up C$0.62 during trading on Tuesday, hitting C$99.65. The company had a trading volume of 748,089 shares, compared to its average volume of 2,556,265. The company’s 50 day simple moving average is C$102.04 and its 200-day simple moving average is C$98.72. Shopify Inc. has a 1-year low of C$62.80 and a 1-year high of C$123.20. The company has a current ratio of 6.99, a quick ratio of 5.74 and a debt-to-equity ratio of 12.69. The stock has a market cap of C$120.58 billion, a price-to-earnings ratio of 707.36, a price-to-earnings-growth ratio of 1.09 and a beta of 2.20.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group upped their price objective on shares of Shopify from C$86.00 to C$90.00 and gave the stock a “buy” rating in a research report on Wednesday, February 14th.

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.