Jessica Hertz Sells 4,963 Shares of Shopify Inc. (TSE:SHOP) Stock

Shopify Inc. (TSE:SHOP) Senior Officer Jessica Hertz sold 4,963 shares of the company’s stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of C$167.08, for a total transaction of C$829,193.57.

Jessica Hertz also recently made the following trade(s):

• On Wednesday, November 13th, Jessica Hertz sold 26,672 shares of Shopify stock. The stock was sold at an average price of C$150.33, for a total transaction of C$4,009,702.63.

Shopify Price Performance

Shares of TSE SHOP traded down C$1.58 during mid-day trading on Friday, reaching C$162.59. 449,977 shares of the company traded hands, compared to its average volume of 2,606,871. 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 firm has a market cap of C$196.73 billion, a PE ratio of 119.83, a price-to-earnings-growth 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$170.75. The stock has a fifty day simple moving average of C$133.23 and a 200-day simple moving average of C$106.65.

Analyst Ratings Changes

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