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Shopify Inc. Stock: price and insider trades · Canada

CA·Mcap CA$257.6BTechnology
Insider Decl.
4,676
Thresholds
n/a
Buy Volume
€9M
6 ops. · all time
Sell Volume
€197M
554 ops. · all time

Who traded when

BuySale
Jessica Hertz57 sales
Harley Michael Finkelstein28 sales
Jeff Hoffmeister23 sales
Jean Niehaus8 sales
Tobyn David Shannan8 sales
Prashanth Mahendra-Rajah4 sales

+7 other insiders

Analyst consensus: bullish or bearish?

Analysts rate Shopify Inc. Buy (bullish), based on 3 analysts. Average price target: CA$223.73.

This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.

Fundamental score
Ranked 9,638 of 26,913 companies
58.6
score / 100
Value
39
Quality
79
FCF yld0.7%
Earn yld0.5%
EV/EBITDA·
ROE17%
Gross mgn48%
Net mgn11%
Debt/EBITDA0.1x
Pillars2/3

Transparent value + quality ranking, distinct from the insider signal.

Financial data

as of FY 2025

FY ended December 2025 · cache

CA$200.19
Analyst consensus
3 analysts
Buy
CA$203.28Target CA$223.73(+12%)CA$235.53
Income statement
RevenueCA$11.6B
Gross profitCA$5.6B48% margin
EBITDACA$1.9B17% margin
Net incomeCA$1.2B14.5% margin
Valuation
PER (trailing)81.4x
PER (forward)81.5x
P/Book13.8x
Beta2.66
Balance sheet & cash
Market capCA$257.6B
Total debtCA$188M
Free Cash FlowCA$2B
Debt / Equity1%
Profitability & ownership
ROE15.5%
ROA10.2%
% insiders0.2%
% institutions73.1%
Last declaration on 5 November 2026
Declarations4,676 total
  • ◆
    4 - Director of Issuer, 5 - Senior Officer of IssuerExecutives
    452,213 CAD0SEDI
    3,000 shares@ CA$150.7376Subordinate Voting Shares Class A Subordinate Voting SharesTSXSEDI:4798868
  • ◆
    4 - Director of Issuer, 5 - Senior Officer of IssuerExecutives
    2M CAD0SEDI
    15,000 shares@ CA$150.7376Subordinate Voting Shares Class A Subordinate Voting SharesTSXSEDI:4798865
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    Related company / holdingExecutives
    0SEDI
    9,601 sharesSubordinate Voting Shares Class A Subordinate Voting SharesTSXSEDI:4797200
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    0SEDI
    9,569 sharesSubordinate Voting Shares Class A Subordinate Voting SharesTSXSEDI:4797199
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    0SEDI
    9,630 sharesSubordinate Voting Shares Class A Subordinate Voting SharesTSXSEDI:4797197
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    0SEDI
    9,456 sharesSubordinate Voting Shares Class A Subordinate Voting SharesTSXSEDI:4797194
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    0SEDI
    9,473 sharesSubordinate Voting Shares Class A Subordinate Voting SharesTSXSEDI:4797192
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    0SEDI
    9,408 sharesSubordinate Voting Shares Class A Subordinate Voting SharesTSXSEDI:4797190
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    0SEDI
    9,080 sharesSubordinate Voting Shares Class A Subordinate Voting SharesTSXSEDI:4797187
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    0SEDI
    9,199 sharesSubordinate Voting Shares Class A Subordinate Voting SharesTSXSEDI:4797184
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    Related company / holdingExecutives
    0SEDI
    9,309 sharesSubordinate Voting Shares Class A Subordinate Voting SharesTSXSEDI:4797180
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    0SEDI
    9,176 sharesSubordinate Voting Shares Class A Subordinate Voting SharesTSXSEDI:4797177
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    0SEDI
    9,297 sharesSubordinate Voting Shares Class A Subordinate Voting SharesTSXSEDI:4797174
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    Related company / holdingExecutives
    0SEDI
    9,202 sharesSubordinate Voting Shares Class A Subordinate Voting SharesTSXSEDI:4797170
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    0SEDI
    9,001 sharesSubordinate Voting Shares Class A Subordinate Voting SharesTSXSEDI:4797167
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    0SEDI
    18,540 sharesSubordinate Voting Shares Class A Subordinate Voting SharesTSXSEDI:4797164
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    0SEDI
    9,638 sharesSubordinate Voting Shares Class A Subordinate Voting SharesTSXSEDI:4797161
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    Related company / holdingExecutives
    0SEDI
    9,744 sharesSubordinate Voting Shares Class A Subordinate Voting SharesTSXSEDI:4797159
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    0SEDI
    9,698 sharesSubordinate Voting Shares Class A Subordinate Voting SharesTSXSEDI:4797158
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    Related company / holdingExecutives
    0SEDI
    10,125 sharesSubordinate Voting Shares Class A Subordinate Voting SharesTSXSEDI:4797157
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    0SEDI
    10,551 sharesSubordinate Voting Shares Class A Subordinate Voting SharesTSXSEDI:4797156
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    0SEDI
    10,668 sharesSubordinate Voting Shares Class A Subordinate Voting SharesTSXSEDI:4797155
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    Related company / holdingExecutives
    0SEDI
    21,560 sharesSubordinate Voting Shares Class A Subordinate Voting SharesTSXSEDI:4797153
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    Related company / holdingExecutives
    2M CAD7SEDI
    10,173 shares@ CA$157.27710.0006% mcap0.1% of flowSubordinate Voting Shares Class A Subordinate Voting SharesTSXSEDI:4797137
  • ↺
    Related company / holdingExecutives
    2M CAD7SEDI
    9,601 shares@ CA$166.6490.0006% mcap0.1% of flowSubordinate Voting Shares Class A Subordinate Voting SharesTSXSEDI:4797135

25 of 4676 declarations

About Shopify Inc.

Shopify Inc., a Canadian technology company valued at CAD 310.7 billion, has 4,130 filings from 39 filers. Harley Michael Finkelstein (Senior Officer of Issuer) files 1,102 of them, including 1 purchase and 91 sales, and Tobias Albin Lutke (Director of Issuer, Senior Officer of Issuer) 608.

On May 10, 2022, 5 filers bought EUR 8,820,555, among them Tobias Albin Lutke for EUR 7,291,107; Harley Michael Finkelstein and Tobyn David Shannan (Director of Issuer) each bought EUR 728,446. The 6 purchases come to EUR 8.9 million (median EUR 388,994), 1% of open-market trades, against 444 sales worth EUR 154.7 million (median EUR 129,364).

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The largest sales are John Phillips's (Director of Issuer), EUR 13,757,616 on September 7, 2018, Jeremy Seth Levine's (Director of Issuer), EUR 6,681,161 on May 6, 2019, and Tobias Albin Lutke's, EUR 6,579,968 on September 16, 2025.

The record also holds 1,444 grants and 1,171 option exercises. Volume peaks at 735 filings in 2019, against 100 in 2022 and 455 in 2026. Median publication delay: 1 day. In the last twelve months, 538 filings, 58 of them sales and none a purchase.

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