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 the company’s stock in a transaction dated Tuesday, January 28th. The shares were sold at an average price of C$160.56, for a total transaction 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 stock was 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 value of C$453,669.15.

Shopify Trading Up 2.4 %

SHOP opened at C$172.56 on Friday. The business’s 50 day moving average price is C$157.02 and its 200 day moving average price is C$123.10. 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 stock has a market capitalization of C$208.80 billion, a PE ratio of 125.96, a P/E/G ratio of 0.87 and a beta of 2.36. Shopify Inc. has a one year low of C$72.36 and a one year high of C$172.96.

Wall Street Analysts Forecast Growth

SHOP has been the subject of several analyst reports. ATB Capital cut Shopify from an “outperform” rating to a “sector perform” rating and upped their target price for the company from C$120.00 to C$145.00 in a report on Wednesday, November 13th. National Bankshares upped their price objective on shares of Shopify from C$100.00 to C$140.00 in a report on Wednesday, November 13th.

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.