Harley Michael Finkelstein Sells 3,104 Shares of Shopify Inc. (TSE:SHOP) Stock

Shopify Inc. (TSE:SHOP) Senior Officer Harley Michael Finkelstein sold 3,104 shares of the firm’s stock in a transaction on Monday, February 24th. The stock was sold at an average price of C$158.59, for a total value of C$492,263.81.

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

• 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.
• 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.

Shopify Stock Performance

TSE SHOP opened at C$158.78 on Wednesday. The stock has a 50-day simple moving average of C$161.77 and a two-hundred day simple moving average of C$135.14. The firm has a market capitalization of C$147.87 billion, a P/E ratio of 71.89, a PEG 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$183.53. The company has a debt-to-equity ratio of 9.74, a quick ratio of 5.74 and a current ratio of 3.71.

Analyst Upgrades and Downgrades

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

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.