Insider Selling: Shopify Inc. (TSE:SHOP) Senior Officer Sells 357 Shares of Stock

Shopify Inc. (TSE:SHOP - Get Free Report) Senior Officer Jessica Hertz sold 357 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$56,529.07.

Jessica Hertz also recently made the following trade(s):

• On Monday, June 9th, Jessica Hertz sold 5,868 shares of Shopify stock. The shares were sold at an average price of C$149.69, for a total transaction of C$878,384.35.
• On Wednesday, May 28th, Jessica Hertz sold 366 shares of Shopify stock. The stock was sold at an average price of C$146.65, for a total transaction of C$53,672.73.
• On Wednesday, May 14th, Jessica Hertz sold 10,255 shares of Shopify stock. The shares were sold at an average price of C$156.30, for a total transaction of C$1,602,815.48.

Shopify Price Performance

Shopify stock traded up C$1.33 during midday trading on Tuesday, hitting 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 12 month low of C$72.36 and a 12 month high of C$183.53. The company has a market capitalization of C$146.27 billion, a PE ratio of 71.11, a price-to-earnings-growth ratio of 0.87 and a beta of 2.36. The stock's 50-day moving average price is C$143.89 and its 200-day moving average price is C$147.88. The company has a quick ratio of 5.74, a current ratio of 3.71 and a debt-to-equity ratio of 9.74.

Analyst Ratings Changes

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

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.