Harley Michael Finkelstein Sells 4,955 Shares of Shopify Inc. (TSE:SHOP) Stock

Shopify Inc. (TSE:SHOP - Get Free Report) Senior Officer Harley Michael Finkelstein sold 4,955 shares of Shopify stock in a transaction dated Monday, June 9th. The stock was sold at an average price of C$149.69, for a total value of C$741,716.84.

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

• On Wednesday, May 28th, Harley Michael Finkelstein sold 1,720 shares of Shopify stock. The stock was sold at an average price of C$146.65, for a total transaction 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 Price Performance

SHOP stock traded up C$5.85 on Wednesday, reaching C$156.64. The company had a trading volume of 1,494,846 shares, compared to its average volume of 2,269,809. The company's fifty day moving average is C$134.32 and its 200 day moving average is C$148.98. The company has a market cap of C$145.88 billion, a P/E ratio of 70.92, a PEG ratio of 0.87 and a beta of 2.36. The company has a debt-to-equity ratio of 9.74, a quick ratio of 5.74 and a current ratio of 3.71. Shopify Inc. has a 1 year low of C$72.36 and a 1 year high of C$183.53.

Analyst Upgrades and Downgrades

SHOP has been the topic of a number of analyst reports. ATB Capital lifted their price objective 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. Mizuho raised 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.