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Shopify Inc. (TSE:SHOP) Senior Officer Sells C$266,019.16 in Stock

Shopify logo with Computer and Technology background

Shopify Inc. (TSE:SHOP - Get Free Report) Senior Officer Harley Michael Finkelstein sold 1,680 shares of the firm's stock in a transaction on Monday, June 30th. The shares were sold at an average price of C$158.34, for a total value of C$266,019.16.

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

  • On Monday, June 9th, Harley Michael Finkelstein sold 4,955 shares of Shopify stock. The stock was sold at an average price of C$149.69, for a total value of C$741,716.84.
  • On Wednesday, May 28th, Harley Michael Finkelstein sold 1,720 shares of Shopify stock. The shares were sold at an average price of C$146.65, for a total value of C$252,232.50.
  • On Monday, April 28th, Harley Michael Finkelstein sold 1,700 shares of Shopify stock. The shares were sold at an average price of C$135.43, for a total value of C$230,236.44.

Shopify Stock Performance

TSE SHOP traded up C$1.33 during trading on Tuesday, reaching C$157.06. The company's stock had a trading volume of 1,689,771 shares, compared to its average volume of 2,231,201. Shopify Inc. has a twelve month low of C$72.36 and a twelve month high of C$183.53. The firm has a market cap of C$146.27 billion, a price-to-earnings ratio of 71.11, a P/E/G ratio of 0.87 and a beta of 2.36. The business's fifty day moving average price is C$143.89 and its 200-day moving average price is C$147.88. The company has a debt-to-equity ratio of 9.74, a quick ratio of 5.74 and a current ratio of 3.71.

Wall Street Analyst Weigh In

Separately, ATB Capital increased their target price on Shopify from C$155.00 to C$160.00 and gave the company an "outperform" rating in a report on Friday, May 9th.

Get Our Latest Stock Report on Shopify

About Shopify

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for Shopify (TSE:SHOP)

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