Insider Selling: Shopify Inc. (TSE:SHOP) Senior Officer Sells 4,963 Shares of Stock

Shopify Inc. (TSE:SHOP) Senior Officer Jessica Hertz sold 4,963 shares of Shopify stock in a transaction on Thursday, December 12th. The shares were sold at an average price of C$167.08, for a total transaction of C$829,193.57.

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

• On Wednesday, November 13th, Jessica Hertz sold 26,672 shares of Shopify stock. The shares were sold at an average price of C$150.33, for a total transaction of C$4,009,702.63.

Shopify Stock Performance

SHOP traded down C$1.58 during trading on Friday, hitting C$162.59. The stock had a trading volume of 449,977 shares, compared to its average volume of 2,606,871. The firm has a market cap of C$196.73 billion, a PE ratio of 119.83, a P/E/G ratio of 0.87 and a beta of 2.36. Shopify Inc. has a 12 month low of C$72.36 and a 12 month high of C$170.75. The company has a current ratio of 7.32, a quick ratio of 5.74 and a debt-to-equity ratio of 12.40. The company has a 50 day simple moving average of C$133.23 and a 200-day simple moving average of C$106.65.

Analyst Ratings Changes

Several research firms recently issued reports on SHOP. National Bankshares lifted their price objective on shares of Shopify from C$100.00 to C$140.00 in a research note on Wednesday, November 13th. ATB Capital downgraded shares of Shopify from an “outperform” rating to a “sector perform” rating and lifted their target price for the stock from C$120.00 to C$145.00 in a report on Wednesday, November 13th.

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.