Shopify Inc. (TSE:SHOP) Senior Officer Harley Michael Finkelstein Sells 3,319 Shares

Shopify Inc. (TSE:SHOP) Senior Officer Harley Michael Finkelstein sold 3,319 shares of Shopify stock in a transaction that occurred on Monday, August 26th. The shares were sold at an average price of C$75.63, for a total value of C$251,027.59.

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

• On Monday, July 29th, Harley Michael Finkelstein sold 424 shares of Shopify stock. The shares were sold at an average price of C$60.22, for a total value of C$25,533.75.
• On Friday, June 28th, Harley Michael Finkelstein sold 425 shares of Shopify stock. The stock was sold at an average price of C$67.01, for a total transaction of C$28,479.08.
• On Monday, June 10th, Harley Michael Finkelstein sold 5,224 shares of Shopify stock. The shares were sold at an average price of C$62.22, for a total transaction of C$325,033.10.

Shopify Price Performance

SHOP stock traded down C$0.93 during trading hours on Tuesday, hitting C$100.17. 725,532 shares of the stock traded hands, compared to its average volume of 2,694,737. The stock has a 50-day simple moving average of C$90.18 and a 200 day simple moving average of C$94.38. The company has a market cap of C$121.21 billion, a P/E ratio of 74.34, a P/E/G ratio of 1.12 and a beta of 2.29. Shopify Inc. has a one year low of C$63.16 and a one year high of C$123.20. The company has a current ratio of 7.32, a quick ratio of 5.74 and a debt-to-equity ratio of 12.40.

Analysts Set New Price Targets

Separately, ATB Capital increased their price objective on shares of Shopify from C$115.00 to C$120.00 in a report on Thursday, August 8th.

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.