Shopify Inc. (TSE:SHOP - Get Free Report) Senior Officer Jeff Hoffmeister sold 3,985 shares of the company's stock in a transaction on Monday, June 9th. The stock was sold at an average price of C$149.69, for a total value of C$596,516.98.
Jeff Hoffmeister also recently made the following trade(s):
- On Wednesday, May 28th, Jeff Hoffmeister sold 1,967 shares of Shopify stock. The stock was sold at an average price of C$146.65, for a total transaction of C$288,454.26.
Shopify Stock Down 3.6%
TSE SHOP traded down C$5.38 during trading on Friday, reaching C$143.18. 1,566,712 shares of the company's stock were exchanged, compared to its average volume of 2,263,975. 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. The stock has a market cap of C$133.34 billion, a P/E ratio of 64.82, a price-to-earnings-growth ratio of 0.87 and a beta of 2.36. The company has a 50 day moving average price of C$135.97 and a two-hundred day moving average price of C$148.98.
Analyst Ratings Changes
Separately, ATB Capital boosted their price target on shares of Shopify from C$155.00 to C$160.00 and gave the stock an "outperform" rating in a report on Friday, May 9th.
Read Our Latest Stock Report on Shopify
About Shopify
(
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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.
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