Etsy (NYSE:ETSY) Stock: Insider Josh Silverman Sells 1,189 Shares

Etsy Inc (NYSE:ETSY – Get Free Report) insider Josh Silverman sold 1,189 shares of Etsy stock in a transaction dated Friday, October 30th. The shares were sold at an average price of $88.70, for a total value of $105,464.30. Following the sale, the insider directly owned 262,617 shares in the company, valued at $23,294,127.90. The trade was a 0.45% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

Josh Silverman also recently made the following trade(s):

  • On Monday, November 2nd, Josh Silverman sold 41,500 shares of Etsy stock. The stock was sold at an average price of $92.13, for a total value of $3,823,395.00.
  • On Thursday, October 15th, Josh Silverman sold 417 shares of Etsy stock. The shares were sold at an average price of $84.47, for a total value of $35,223.99.
  • On Tuesday, October 13th, Josh Silverman sold 714 shares of Etsy stock. The shares were sold at an average price of $79.00, for a total transaction of $56,406.00.
  • On Thursday, October 8th, Josh Silverman sold 383 shares of Etsy stock. The shares were sold at an average price of $74.00, for a total transaction of $28,342.00.
  • On Thursday, October 1st, Josh Silverman sold 2,090 shares of Etsy stock. The stock was sold at an average price of $72.45, for a total transaction of $151,420.50.
  • On Tuesday, September 1st, Josh Silverman sold 11,696 shares of Etsy stock. The stock was sold at an average price of $81.85, for a total transaction of $957,317.60.
  • On Thursday, September 3rd, Josh Silverman sold 1,671 shares of Etsy stock. The stock was sold at an average price of $84.00, for a total transaction of $140,364.00.
  • On Tuesday, August 4th, Josh Silverman sold 6,294 shares of Etsy stock. The shares were sold at an average price of $84.00, for a total transaction of $528,696.00.

Etsy Stock Performance

Shares of NYSE ETSY opened at $90.18 on Wednesday. The firm has a 50 day moving average price of $79.04 and a two-hundred day moving average price of $68.51. The stock has a market cap of $7.77 billion, a P/E ratio of 10.65, a price-to-earnings-growth ratio of 1.96 and a beta of 1.76. Etsy Inc has a 52-week low of $44.00 and a 52-week high of $95.49.

Etsy (NYSE:ETSY – Get Free Report) last issued its quarterly earnings results on Wednesday, October 28th. The company reported $7.31 EPS for the quarter, topping analysts’ consensus estimates of $0.76 by $6.55. Etsy had a net margin of 34.36% and a negative return on equity of 43.65%. The company had revenue of $692.47 million for the quarter, compared to analyst estimates of $669.04 million. During the same quarter in the previous year, the business earned $0.63 earnings per share. Etsy’s revenue was up 10.9% compared to the same quarter last year. Analysts predict that Etsy Inc will post 4.31 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Etsy

Hedge funds and other institutional investors have recently bought and sold shares of the company. Renaissance Technologies LLC boosted its position in shares of Etsy by 11.1% during the 1st quarter. Renaissance Technologies LLC now owns 5,962,210 shares of the company’s stock valued at $297,991,000 after purchasing an additional 594,768 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its stake in Etsy by 51.4% during the first quarter. Arrowstreet Capital Limited Partnership now owns 3,278,123 shares of the company’s stock worth $163,841,000 after purchasing an additional 1,112,520 shares during the period. Assenagon Asset Management S.A. increased its holdings in Etsy by 48.0% in the second quarter. Assenagon Asset Management S.A. now owns 1,613,333 shares of the company’s stock worth $121,532,000 after purchasing an additional 523,092 shares in the last quarter. William Blair Investment Management LLC bought a new stake in Etsy in the second quarter worth approximately $120,417,000. Finally, Dimensional Fund Advisors LP increased its holdings in Etsy by 6.8% in the first quarter. Dimensional Fund Advisors LP now owns 1,573,696 shares of the company’s stock worth $78,642,000 after purchasing an additional 100,542 shares in the last quarter. Institutional investors and hedge funds own 99.53% of the company’s stock.

Key Stories Impacting Etsy

Here are the key news stories impacting Etsy this week:

  • Positive Sentiment: Third-quarter results beat expectations: revenue rose 10.9% year over year to $692.5 million, and non-GAAP EPS of $1.56 exceeded analyst estimates. On the earnings call, management also highlighted 8.8% gross merchandise sales growth, improving buyer trends, and plans to use AI-powered personalization to support stronger holiday-quarter sales. Etsy Q3 Earnings Call Highlights Growth and AI Priorities
  • Neutral Sentiment: Etsy is tightening its rules for AI-generated listings as sellers seek better protections for original creative work. Clearer policies could reinforce the marketplace’s distinctiveness, but implementation may bring seller friction. Etsy tightens AI rules
  • Negative Sentiment: Several insiders disclosed share sales, including CEO Josh Silverman’s sale of 41,500 shares and director sales by Marla Blow and Frederick Wilson. Such sales can weigh on sentiment, though they do not by themselves establish a negative view of the business. Etsy insider trades
  • Negative Sentiment: Commentary warns that AI-generated products could erode Etsy’s handmade-goods identity and seller trust if they dilute product quality or differentiation. AI is just the newest threat to Etsy’s handmade promise
  • Negative Sentiment: A sharp selloff in Shopify following disappointing GMV and subscription-revenue figures weighed on some e-commerce stocks, including Etsy, suggesting investors may be cautious about the sector despite Etsy’s own improving results. Shopify plunges as GMV and subscription revenue miss estimates

Analyst Upgrades and Downgrades

Several brokerages have commented on ETSY. Zacks Research downgraded Etsy from a “strong-buy” rating to a “hold” rating in a report on Monday, October 5th. Evercore set a $83.00 price target on Etsy in a research note on Thursday, August 6th. Needham & Company LLC increased their price target on Etsy from $100.00 to $110.00 and gave the company a “buy” rating in a research note on Thursday, October 29th. Wells Fargo & Company raised their price objective on Etsy from $59.00 to $80.00 and gave the stock an “underweight” rating in a research report on Thursday, October 29th. Finally, Rosenblatt Securities lifted their price objective on Etsy from $95.00 to $105.00 and gave the stock a “buy” rating in a research note on Thursday, October 29th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, sixteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $94.07.

Check Out Our Latest Research Report on Etsy

About Etsy

(Get Free Report)

Etsy, Inc operates an online marketplace that connects independent sellers with consumers seeking unique and creative goods. Its marketplace features products such as handmade items, personalized gifts, vintage merchandise, home décor, jewelry, clothing, craft supplies and other goods made, designed, selected or sourced by individual sellers and small businesses.

The company provides tools and services that support marketplace activity, including seller storefronts, search and discovery features, payment processing, advertising, shipping assistance and customer support.

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Insider Buying and Selling by Quarter for Etsy (NYSE:ETSY)

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