Insider Selling: Shopify Inc. (TSE:SHOP) Senior Officer Sells 426 Shares of Stock

Shopify Inc. (TSE:SHOP) Senior Officer Harley Michael Finkelstein sold 426 shares of the company’s stock in a transaction on Monday, October 28th. The shares were sold at an average price of C$110.63, for a total value of C$47,130.08.

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

• On Monday, September 9th, Harley Michael Finkelstein sold 5,142 shares of Shopify stock. The shares were sold at an average price of C$91.85, for a total value of C$472,306.23.
• On Wednesday, August 28th, Harley Michael Finkelstein sold 440 shares of Shopify stock. The shares were sold at an average price of C$98.06, for a total value of C$43,145.49.
• On Monday, August 26th, Harley Michael Finkelstein sold 3,319 shares of Shopify stock. The shares were sold at an average price of C$75.63, for a total value of C$251,027.59.

Shopify Stock Up 1.2 %

SHOP stock opened at C$110.26 on Friday. The company has a debt-to-equity ratio of 12.40, a quick ratio of 5.74 and a current ratio of 7.32. The company has a market capitalization of C$133.41 billion, a price-to-earnings ratio of 80.48, a PEG ratio of 0.87 and a beta of 2.36. Shopify Inc. has a fifty-two week low of C$72.36 and a fifty-two week high of C$123.20. The stock has a fifty day moving average of C$105.83 and a 200-day moving average of C$94.96.

Analysts Set New Price Targets

Separately, ATB Capital increased their price target on Shopify from C$115.00 to C$120.00 in a research note on Thursday, August 8th.

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.