Tobias Albin Lutke, director & executive of Shopify Inc. (TSX:SHOP), unloaded 18,000 shares at an average of $130.59 — a $2.4M sale on Sep 16, 2026.
The sale trims about 3.4% of their position. 2 other insiders at the company also sold this week. They still hold 510,000 shares — a stake worth roughly $98.6M at the time of writing.
SHOP shares were trading around $193.38, up 7.8% in the latest session, up 28% over the past three months, and down 11% this year. The stock has ranged from $130.71 to $249.71 over the past 52 weeks.
