Shopify Inc. (TSE:SHOP) Senior Officer Sells C$188,396.71 in Stock

Shopify Inc. (TSE:SHOP) Senior Officer Harley Michael Finkelstein sold 3,294 shares of the business’s stock in a transaction on Friday, May 24th. The shares were sold at an average price of C$57.19, for a total transaction of C$188,396.71.

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

• On Monday, April 29th, Harley Michael Finkelstein sold 424 shares of Shopify stock. The shares were sold at an average price of C$71.84, for a total transaction of C$30,460.84.
• On Monday, March 18th, Harley Michael Finkelstein sold 165 shares of Shopify stock. The shares were sold at an average price of C$76.97, for a total transaction of C$12,700.35.
• On Monday, March 11th, Harley Michael Finkelstein sold 5,353 shares of Shopify stock. The shares were sold at an average price of C$74.90, for a total transaction of C$400,943.98.
• On Monday, March 4th, Harley Michael Finkelstein sold 1,198 shares of Shopify stock. The shares were sold at an average price of C$74.39, for a total transaction of C$89,119.22.

Shopify Trading Down 1.7 %

TSE SHOP opened at C$77.87 on Monday. The company has a market capitalization of C$94.22 billion, a PE ratio of -353.95, a P/E/G ratio of 1.09 and a beta of 2.20. The company has a fifty day moving average of C$95.87 and a 200 day moving average of C$100.58. Shopify Inc. has a 1 year low of C$63.16 and a 1 year high of C$123.20. The company has a debt-to-equity ratio of 12.87, a current ratio of 7.14 and a quick ratio of 5.74.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group boosted their price objective on shares of Shopify from C$86.00 to C$90.00 and gave the company a “buy” rating in a report on Wednesday, February 14th.

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.