Shopify Inc. (TSE:SHOP) Senior Officer Jessica Hertz Sells 366 Shares

Shopify Inc. (TSE:SHOP - Get Free Report) Senior Officer Jessica Hertz sold 366 shares of Shopify stock in a transaction that occurred on Wednesday, May 28th. The shares were sold at an average price of C$146.65, for a total value of C$53,672.73.

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

• 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 value of C$1,602,815.48.

Shopify Price Performance

Shares of Shopify stock traded down C$5.01 during trading on Friday, hitting C$143.60. 3,635,827 shares of the company were exchanged, compared to its average volume of 2,296,510. The company has a quick ratio of 5.74, a current ratio of 3.71 and a debt-to-equity ratio of 9.74. Shopify Inc. has a fifty-two week low of C$72.36 and a fifty-two week high of C$183.53. The stock has a market capitalization of C$133.73 billion, a price-to-earnings ratio of 65.01, a P/E/G ratio of 0.87 and a beta of 2.36. The firm has a 50 day moving average price of C$133.20 and a 200 day moving average price of C$149.19.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on SHOP. ATB Capital lifted their price objective on Shopify from C$155.00 to C$160.00 and gave the company an "outperform" rating in a report on Friday, May 9th. Mizuho lifted their price objective on Shopify from C$105.00 to C$110.00 and gave the company a "hold" rating in a report on Wednesday, February 12th.

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.