Shopify Inc. (TSE:SHOP) Senior Officer Sells C$53,672.73 in Stock

Shopify Inc. (TSE:SHOP - Get Free Report) Senior Officer Jessica Hertz sold 366 shares of the business's 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 transaction 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 stock was sold at an average price of C$156.30, for a total value of C$1,602,815.48.

Shopify Stock Performance

Shares of SHOP stock traded down C$1.24 during mid-day trading on Monday, reaching C$145.40. 611,195 shares of the company's stock traded hands, compared to its average volume of 2,303,493. The company has a debt-to-equity ratio of 9.74, a quick ratio of 5.74 and a current ratio of 3.71. The firm has a market capitalization of C$135.41 billion, a PE ratio of 65.83, a price-to-earnings-growth ratio of 0.87 and a beta of 2.36. Shopify Inc. has a 12 month low of C$72.36 and a 12 month high of C$183.53. The firm has a 50 day moving average price of C$133.20 and a two-hundred day moving average price of C$149.07.

Analysts Set New Price Targets

SHOP has been the subject of a number of research reports. ATB Capital upped their price objective 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. Mizuho boosted their price target on Shopify from C$105.00 to C$110.00 and gave the company a "hold" rating in a research note 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.