Insider Selling: Shopify Inc. (TSE:SHOP) Senior Officer Sells 2,949 Shares of Stock

Shopify Inc. (TSE:SHOP) Senior Officer Harley Michael Finkelstein sold 2,949 shares of the stock in a transaction dated Monday, November 25th. The shares were sold at an average price of C$153.84, for a total transaction 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 value 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 value 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 value of C$43,145.49.

Shopify Stock Performance

Shopify stock opened at C$157.80 on Thursday. The firm has a market capitalization of C$190.94 billion, a P/E ratio of 115.18, a P/E/G ratio of 0.87 and a beta of 2.36. The stock has a fifty day moving average price of C$121.26 and a two-hundred day moving average price of C$100.50. Shopify Inc. has a 52-week low of C$72.36 and a 52-week high of C$161.86. The company has a debt-to-equity ratio of 12.40, a current ratio of 7.32 and a quick ratio of 5.74.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on SHOP. ATB Capital lowered shares of Shopify from an “outperform” rating to a “sector perform” rating and boosted their price target for the company from C$120.00 to C$145.00 in a report on Wednesday, November 13th. National Bankshares upped their target price on shares of Shopify from C$100.00 to C$140.00 in a research note on Wednesday, November 13th.

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.