Shopify Inc. (TSE:SHOP - Get Free Report) Senior Officer Jeff Hoffmeister sold 1,923 shares of Shopify stock in a transaction that occurred on Monday, June 30th. The shares were sold at an average price of C$157.19, for a total value of C$302,274.32.
Jeff Hoffmeister also recently made the following trade(s):
- On Monday, June 9th, Jeff Hoffmeister sold 3,985 shares of Shopify stock. The stock was sold at an average price of C$149.69, for a total value of C$596,516.98.
- On Wednesday, May 28th, Jeff Hoffmeister sold 1,967 shares of Shopify stock. The shares were sold at an average price of C$146.65, for a total value of C$288,454.26.
Shopify Stock Performance
Shares of Shopify stock traded up C$1.33 during trading on Monday, 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 52 week low of C$72.36 and a 52 week high of C$183.53. The business's 50-day moving average price is C$143.00 and its 200-day moving average price is C$147.92. The firm has a market cap of C$146.27 billion, a PE ratio of 71.11, a P/E/G 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.
Wall Street Analysts Forecast Growth
Separately, ATB Capital increased their target price on Shopify from C$155.00 to C$160.00 and gave the stock an "outperform" rating in a research note on Friday, May 9th.
View Our Latest Stock Report on SHOP
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
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