Harley Michael Finkelstein Sells 4,955 Shares of Shopify Inc. (TSE:SHOP) Stock

Shopify Inc. (TSE:SHOP) Senior Officer Harley Michael Finkelstein sold 4,955 shares of Shopify stock in a transaction on Monday, June 9th. The shares were sold at an average price of C$149.69, for a total value of C$741,716.84.

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

• On Wednesday, May 28th, Harley Michael Finkelstein sold 1,720 shares of Shopify stock. The stock was sold at an average price of C$146.65, for a total value of C$252,232.50.
• On Monday, April 28th, Harley Michael Finkelstein sold 1,700 shares of Shopify stock. The shares were sold at an average price of C$135.43, for a total value of C$230,236.44.

Shopify Stock Up 3.5%

Shopify stock opened at C$156.00 on Thursday. The firm has a market capitalization of C$145.28 billion, a P/E ratio of 70.63, a P/E/G ratio of 0.87 and a beta of 2.36. The company has a current ratio of 3.71, a quick ratio of 5.74 and a debt-to-equity ratio of 9.74. Shopify Inc. has a twelve month low of C$72.36 and a twelve month high of C$183.53. The stock’s fifty day simple moving average is C$135.25 and its 200-day simple moving average is C$149.02.

Analysts Set New Price Targets

Several analysts have recently issued reports on SHOP shares. ATB Capital increased their price target on shares of Shopify from C$155.00 to C$160.00 and gave the stock an “outperform” rating in a research report on Friday, May 9th. Mizuho lifted their price objective on shares of Shopify from C$105.00 to C$110.00 and gave the company a “hold” rating in a report on Wednesday, February 12th.

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.