Shopify Inc. (TSE:SHOP) Senior Officer Jessica Hertz Sells 26,672 Shares

Shopify Inc. (TSE:SHOP) Senior Officer Jessica Hertz sold 26,672 shares of the company’s stock in a transaction dated Wednesday, November 13th. The stock was sold at an average price of C$150.33, for a total value of C$4,009,702.63.

Shopify Price Performance

TSE SHOP traded down C$2.15 during trading hours on Friday, reaching C$151.28. The company’s stock had a trading volume of 109,906 shares, compared to its average volume of 2,635,804. The firm has a market capitalization of C$183.05 billion, a price-to-earnings ratio of 110.32, a P/E/G ratio of 0.87 and a beta of 2.36. Shopify Inc. has a 1-year low of C$72.36 and a 1-year high of C$161.86. The company has a debt-to-equity ratio of 12.40, a current ratio of 7.32 and a quick ratio of 5.74. The company’s 50-day moving average is C$111.46 and its two-hundred day moving average is C$96.99.

Analyst Ratings Changes

A number of analysts have recently commented on the company. National Bankshares upped their target price on Shopify from C$100.00 to C$140.00 in a research note on Wednesday. ATB Capital downgraded Shopify from an “outperform” rating to a “sector perform” rating and upped their target price for the stock from C$120.00 to C$145.00 in a research note on Wednesday.

About Shopify

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.