Q: I find it curious to read this and realize that a senior officer at SHOP owns so few shares of the company he works for. He owns less than I do.
If I'm correct he's the COO.
"Shopify Inc (TSE:SHOP) Senior Officer Harley Michael Finkelstein sold 416 shares of the business's stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of C$413.77, for a total value of C$172,126.94. Following the completion of the sale, the insider now directly owns 517 shares of the company's stock, valued at approximately C$213,917.37. "
So my question is why would you guess would the COO of a fast growing company like SHOP own so little stock. Doesn't show a lot of confidence in the company to me.
Sheldon
If I'm correct he's the COO.
"Shopify Inc (TSE:SHOP) Senior Officer Harley Michael Finkelstein sold 416 shares of the business's stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of C$413.77, for a total value of C$172,126.94. Following the completion of the sale, the insider now directly owns 517 shares of the company's stock, valued at approximately C$213,917.37. "
So my question is why would you guess would the COO of a fast growing company like SHOP own so little stock. Doesn't show a lot of confidence in the company to me.
Sheldon