Harley Michael Finkelstein Sells 5,214 Shares of Shopify Inc. (TSE:SHOP) Stock

Shopify Inc. (TSE:SHOP) Senior Officer Harley Michael Finkelstein sold 5,214 shares of the stock in a transaction dated Monday, March 10th. The shares were sold at an average price of C$135.62, for a total transaction of C$707,147.04.

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

• On Friday, February 28th, Harley Michael Finkelstein sold 1,711 shares of Shopify stock. The stock was sold at an average price of C$158.03, for a total transaction of C$270,390.18.
• On Monday, February 24th, Harley Michael Finkelstein sold 3,104 shares of Shopify stock. The shares were sold at an average price of C$158.59, for a total transaction of C$492,263.81.
• On Tuesday, January 28th, Harley Michael Finkelstein sold 394 shares of Shopify stock. The stock was sold at an average price of C$160.56, for a total value of C$63,261.55.

Shopify Trading Up 3.6 %

Shares of SHOP stock opened at C$138.84 on Thursday. The company has a quick ratio of 5.74, a current ratio of 3.71 and a debt-to-equity ratio of 9.74. The firm has a market cap of C$129.30 billion, a P/E ratio of 62.86, a PEG ratio of 0.87 and a beta of 2.36. The company has a 50 day moving average of C$160.09 and a 200-day moving average of C$138.61. Shopify Inc. has a 12-month low of C$72.36 and a 12-month high of C$183.53.

Analysts Set New Price Targets

A number of brokerages recently commented on SHOP. ATB Capital lowered Shopify from an “outperform” rating to a “sector perform” rating and lifted their price target for the stock from C$120.00 to C$145.00 in a report on Wednesday, November 13th. Mizuho lifted their target price on Shopify from C$105.00 to C$110.00 and gave the stock a “hold” rating in a research note on Wednesday, February 12th. Finally, National Bankshares boosted their price target on shares of Shopify from C$100.00 to C$140.00 in a report 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.