Harley Michael Finkelstein Sells 394 Shares of Shopify Inc. (TSE:SHOP) Stock

Shopify Inc. (TSE:SHOP) Senior Officer Harley Michael Finkelstein sold 394 shares of Shopify stock in a transaction on Tuesday, January 28th. The shares were sold at an average price of C$160.56, for a total value of C$63,261.55.

Harley Michael Finkelstein also recently made the following trade(s):

• On Monday, December 9th, Harley Michael Finkelstein sold 4,951 shares of Shopify stock. The shares were sold at an average price of C$163.19, for a total value of C$807,961.18.
• On Monday, November 25th, Harley Michael Finkelstein sold 2,949 shares of Shopify stock. The shares were sold at an average price of C$153.84, for a total transaction of C$453,669.15.

Shopify Price Performance

Shares of SHOP opened at C$172.56 on Friday. The firm’s fifty day simple moving average is C$157.02 and its 200-day simple moving average is C$123.10. The firm has a market capitalization of C$208.80 billion, a price-to-earnings ratio of 125.96, a PEG ratio of 0.87 and a beta of 2.36. Shopify Inc. has a twelve month low of C$72.36 and a twelve month high of C$172.96. The company has a current ratio of 7.32, a quick ratio of 5.74 and a debt-to-equity ratio of 12.40.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on SHOP. National Bankshares increased their target price on shares of Shopify from C$100.00 to C$140.00 in a report on Wednesday, November 13th. ATB Capital cut Shopify from an “outperform” rating to a “sector perform” rating and increased their price objective for the company from C$120.00 to C$145.00 in a research note on Wednesday, November 13th.

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.