Harley Michael Finkelstein Sells 5,214 Shares of Shopify Inc. (TSE:SHOP) Stock

Shopify Inc. (TSE:SHOP) Senior Officer Harley Michael Finkelstein sold 5,214 shares of the business’s stock in a transaction on Monday, March 10th. The shares were sold at an average price of C$135.62, for a total transaction of C$707,147.04.

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

• On Friday, February 28th, Harley Michael Finkelstein sold 1,711 shares of Shopify stock. The shares were sold at an average price of C$158.03, for a total transaction of C$270,390.18.
• On Monday, February 24th, Harley Michael Finkelstein sold 3,104 shares of Shopify stock. The stock was sold at an average price of C$158.59, for a total transaction of C$492,263.81.
• On Tuesday, January 28th, Harley Michael Finkelstein sold 394 shares of Shopify stock. The stock was sold at an average price of C$160.56, for a total value of C$63,261.55.

Shopify Stock Up 3.6 %

Shares of TSE SHOP opened at C$138.84 on Thursday. The firm’s fifty day moving average is C$160.09 and its 200 day moving average is C$138.61. Shopify Inc. has a 52 week low of C$72.36 and a 52 week high of C$183.53. The company has a quick ratio of 5.74, a current ratio of 3.71 and a debt-to-equity ratio of 9.74. The company has a market cap of C$129.30 billion, a price-to-earnings ratio of 62.86, a PEG ratio of 0.87 and a beta of 2.36.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on SHOP shares. ATB Capital lowered shares of Shopify from an “outperform” rating to a “sector perform” rating and boosted their price objective for the stock from C$120.00 to C$145.00 in a report on Wednesday, November 13th. Mizuho upped their price target on shares of Shopify from C$105.00 to C$110.00 and gave the company a “hold” rating in a research report on Wednesday, February 12th. Finally, National Bankshares lifted their price objective on Shopify from C$100.00 to C$140.00 in a report on Wednesday, November 13th.

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.