Harley Michael Finkelstein Sells 5,142 Shares of Shopify Inc. (TSE:SHOP) Stock

Shopify Inc. (TSE:SHOP) Senior Officer Harley Michael Finkelstein sold 5,142 shares of the company’s stock in a transaction on Monday, September 9th. The shares were sold at an average price of C$91.85, for a total value of C$472,306.23.

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

• On Wednesday, August 28th, Harley Michael Finkelstein sold 440 shares of Shopify stock. The shares were sold at an average price of C$98.06, for a total transaction of C$43,145.49.
• On Monday, August 26th, Harley Michael Finkelstein sold 3,319 shares of Shopify stock. The shares were sold at an average price of C$75.63, for a total value of C$251,027.59.
• On Monday, July 29th, Harley Michael Finkelstein sold 424 shares of Shopify stock. The stock was sold at an average price of C$60.22, for a total transaction 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.

Shopify Stock Up 4.6 %

SHOP stock opened at C$97.07 on Thursday. The stock has a market capitalization of C$117.45 billion, a price-to-earnings ratio of 72.44, a price-to-earnings-growth ratio of 1.12 and a beta of 2.36. The company has a 50-day moving average of C$91.84 and a two-hundred day moving average of C$93.41. Shopify Inc. has a 52-week low of C$63.16 and a 52-week high of C$123.20. The company has a debt-to-equity ratio of 12.40, a current ratio of 7.32 and a quick ratio of 5.74.

Wall Street Analyst Weigh In

Separately, ATB Capital raised their price objective on Shopify from C$115.00 to C$120.00 in a research note on Thursday, August 8th.

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.