Shopify Inc. (TSE:SHOP) Senior Officer Harley Michael Finkelstein Sells 3,319 Shares
Shopify Inc. (TSE:SHOP) Senior Officer Harley Michael Finkelstein sold 3,319 shares at an average price of C$19.63, totaling C$65,727.59. This transaction occurred on August 26th and adds to prior sales made in June and July. Shopify's stock has experienced fluctuations, with a current trading price reflecting broader market movements. The company remains a subject of interest among analysts, despite not being highlighted as a top buy currently.
Shopify Inc. (TSE:SHOP - Get Free Report) Senior Officer Harley Michael Finkelstein sold 3,319 shares of Shopify stock in a transaction that occurred on Monday, August 26th. The shares were sold at an average price of C$75.63, for a total value of C$251,027.59.
- GigaCloud Technology Launches BaaS for B2B Marketplace Platform
Harley Michael Finkelstein also recently made the following trade(s):
- On Monday, July 29th, Harley Michael Finkelstein sold 424 shares of Shopify stock. The shares were sold at an average price of C$60.22, for a total value 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.
- On Monday, June 10th, Harley Michael Finkelstein sold 5,224 shares of Shopify stock. The shares were sold at an average price of C$62.22, for a total transaction of C$325,033.10.
Shopify Price Performance
SHOP stock traded down C$0.93 during trading hours on Tuesday, hitting C$100.17. 725,532 shares of the stock traded hands, compared to its average volume of 2,694,737. The stock has a 50-day simple moving average of C$90.18 and a 200 day simple moving average of C$94.38. The company has a market cap of C$121.21 billion, a P/E ratio of 74.34, a P/E/G ratio of 1.12 and a beta of 2.29. Shopify Inc. has a one year low of C$63.16 and a one year high of C$123.20. The company has a current ratio of 7.32, a quick ratio of 5.74 and a debt-to-equity ratio of 12.40.
Analysts Set New Price Targets
- eBay Steadily Climbs as Collectors Drive Growth
Separately, ATB Capital increased their price objective on shares of Shopify from C$115.00 to C$120.00 in a report on Thursday, August 8th.
Get Our Latest Analysis on Shopify
Shopify Company Profile
(Get Free Report)- Here's your e-commerce stock bundle for the holidays
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.
Recommended Stories
- Five stocks we like better than Shopify
- Stock Market Sectors: What Are They and How Many Are There?
- Study: How Much Are Retirees Earning from Side Hustles in 2024?
- Trading Halts Explained
- Brinker International Offers a Pullback Opportunity on EPS Miss
- How to Invest in Insurance Companies: A Guide
- Globant Is an Emerging AI Play That’s Expanding Its Footprint
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
→ Forget the Polls, Here’s What Will Happen this Election (From Paradigm Press) (Ad)
Should you invest $1,000 in Shopify right now?
Before you consider Shopify, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Shopify wasn't on the list.
While Shopify currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
