Jessica Hertz Sells 5,868 Shares of Shopify Inc. (TSE:SHOP) Stock

Shopify Inc. (TSE:SHOP) Senior Officer Jessica Hertz sold 5,868 shares of the business’s stock in a transaction on Monday, June 9th. The shares were sold at an average price of C$149.69, for a total transaction of C$878,384.35.

Jessica Hertz also recently made the following trade(s):

• On Wednesday, May 28th, Jessica Hertz sold 366 shares of Shopify stock. The stock was sold at an average price of C$146.65, for a total transaction of C$53,672.73.
• On Wednesday, May 14th, Jessica Hertz sold 10,255 shares of Shopify stock. The shares were sold at an average price of C$156.30, for a total transaction of C$1,602,815.48.

Shopify Stock Up 1.0%

TSE:SHOP traded up C$1.44 on Tuesday, hitting C$148.99. The stock had a trading volume of 684,177 shares, compared to its average volume of 2,268,754. 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. The company has a market cap of C$138.75 billion, a PE ratio of 67.45, a P/E/G ratio of 0.87 and a beta of 2.36. The business’s fifty day moving average is C$133.62 and its 200 day moving average is C$148.96.

Analysts Set New Price Targets

Several brokerages have weighed in on SHOP. Mizuho boosted their price objective on shares of Shopify from C$105.00 to C$110.00 and gave the company a “hold” rating in a report on Wednesday, February 12th. ATB Capital raised their target price on shares of Shopify from C$155.00 to C$160.00 and gave the company an “outperform” rating in a research report on Friday, May 9th.

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.