Shopify Inc. (TSE:SHOP) Senior Officer Sells C$707,147.04 in Stock

Shopify Inc. (TSE:SHOP) Senior Officer Harley Michael Finkelstein sold 5,214 shares of Shopify stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of C$135.62, for a total transaction of C$707,147.04.

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

• On Friday, February 28th, Harley Michael Finkelstein sold 1,711 shares of Shopify stock. The stock was sold at an average price of C$158.03, for a total value of C$270,390.18.
• On Monday, February 24th, Harley Michael Finkelstein sold 3,104 shares of Shopify stock. The stock was sold at an average price of C$158.59, for a total transaction of C$492,263.81.
• On Tuesday, January 28th, Harley Michael Finkelstein sold 394 shares of Shopify stock. The shares were sold at an average price of C$160.56, for a total transaction of C$63,261.55.

Shopify Price Performance

Shopify stock opened at C$130.72 on Friday. The stock has a market cap of C$121.74 billion, a price-to-earnings ratio of 59.18, a PEG 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. The business has a 50-day simple moving average of C$159.61 and a 200 day simple moving average of C$138.55. Shopify Inc. has a 52 week low of C$72.36 and a 52 week high of C$183.53.

Wall Street Analyst Weigh In

Separately, Mizuho increased their target price on shares of Shopify from C$105.00 to C$110.00 and gave the stock a “hold” rating in a research note on Wednesday, February 12th.

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.