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 firm’s stock in a transaction dated Tuesday, January 28th. The shares were sold at an average price of C$160.56, for a total value 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 shares were sold at an average price of C$163.19, for a total transaction 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 transaction of C$453,669.15.

Shopify Stock Down 0.3 %

Shares of SHOP stock traded down C$0.54 during trading hours on Wednesday, hitting C$168.66. 313,754 shares of the company were exchanged, compared to its average volume of 1,546,814. The stock has a market capitalization of C$204.08 billion, a price-to-earnings ratio of 123.11, 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$171.84. The business’s 50-day simple moving average is C$156.55 and its two-hundred day simple moving average is C$122.78. The company has a debt-to-equity ratio of 12.40, a quick ratio of 5.74 and a current ratio of 7.32.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on SHOP shares. ATB Capital cut shares of Shopify from an “outperform” rating to a “sector perform” rating and upped their price objective for the company from C$120.00 to C$145.00 in a research report on Wednesday, November 13th. National Bankshares upped their target price on Shopify from C$100.00 to C$140.00 in a research 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.