Jessica Hertz, executive of Shopify Inc. (TSX:SHOP), picked up 14,030 shares at an average of $154.73 — a $2.2M buy on Aug 28, 2026.
The purchase grows their position by 91%. 3 other insiders at the company also bought this week. They still hold 29,372 shares — a stake worth roughly $5.7M at today's price.
SHOP shares are trading around $194.62, down 4.7% in the latest session, up 20% over the past three months, and down 10% this year. The stock has ranged from $130.71 to $249.71 over the past 52 weeks.
Growing a stake by 91% isn't pocket change — this looks like a bet on the company's next chapter.
