Steven Alan Collins Sells 2,000 Shares of Shopify Inc (SHOP) Stock

Shopify Inc (TSE:SHOP) Director Steven Alan Collins sold 2,000 shares of the firm’s stock in a transaction on Friday, May 5th. The shares were sold at an average price of C$83.95, for a total value of C$167,900.00.

Steven Alan Collins also recently made the following trade(s):

  • On Thursday, February 16th, Steven Alan Collins sold 3,000 shares of Shopify stock. The stock was sold at an average price of C$61.21, for a total value of C$183,630.00.

Shopify Inc (TSE:SHOP) traded down 3.04% during trading on Friday, reaching $121.51. The company had a trading volume of 411,195 shares. The stock has a 50 day moving average of $105.96 and a 200-day moving average of $77.10. The company’s market capitalization is $11.11 billion. Shopify Inc has a 12 month low of $34.15 and a 12 month high of $130.85.

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A number of brokerages have issued reports on SHOP. National Bank Financial set a C$80.00 price target on Shopify and gave the stock an “outperform” rating in a research note on Thursday, March 2nd. Susquehanna Bancshares Inc raised their price target on Shopify from C$48.00 to C$69.00 and gave the stock a “buy” rating in a research note on Thursday, February 16th. Finally, Summit Redstone raised their price target on Shopify from C$48.00 to C$69.00 and gave the stock a “buy” rating in a research note on Thursday, February 16th.

Shopify Company Profile

Shopify Inc (Shopify) provides a cloud-based, multi-channel commerce platform designed for small and medium-sized businesses. The Company offers subscription solutions and merchant solutions. The Company’s software is used by merchants to run their business across all of their sales channels, including Web and mobile storefronts, physical retail locations, social media storefronts and marketplaces.

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