Shopify Inc. (TSE:SHOP) Senior Officer Sells C$878,384.35 in Stock

Shopify Inc. (TSE:SHOP) Senior Officer Jessica Hertz sold 5,868 shares of the stock in a transaction on Monday, June 9th. The shares were sold at an average price of C$149.69, for a total transaction of C$878,384.35.

Jessica Hertz also recently made the following trade(s):

• On Wednesday, May 28th, Jessica Hertz sold 366 shares of Shopify stock. The shares were sold at an average price of C$146.65, for a total value of C$53,672.73.
• On Wednesday, May 14th, Jessica Hertz sold 10,255 shares of Shopify stock. The shares were sold at an average price of C$156.30, for a total value of C$1,602,815.48.

Shopify Stock Up 1.0%

TSE SHOP traded up C$1.44 during trading on Tuesday, hitting C$148.99. 684,177 shares of the company traded hands, compared to its average volume of 2,268,754. Shopify Inc. has a 12 month low of C$72.36 and a 12 month high of C$183.53. The company has a current ratio of 3.71, a quick ratio of 5.74 and a debt-to-equity ratio of 9.74. The business has a fifty day simple moving average of C$133.62 and a 200 day simple moving average of C$148.96. The company has a market capitalization of C$138.75 billion, a P/E ratio of 67.45, a PEG ratio of 0.87 and a beta of 2.36.

Analyst Ratings Changes

Several research analysts have commented on SHOP shares. ATB Capital raised their price objective on Shopify from C$155.00 to C$160.00 and gave the company an “outperform” rating in a research report on Friday, May 9th. Mizuho raised their target price on Shopify from C$105.00 to C$110.00 and gave the company 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.