Canada Pension Plan Investment Board Purchases New Shares in Etsy Inc $ETSY

Posted by Brenda Bartman on Aug 29th, 2026

Canada Pension Plan Investment Board acquired a new stake in shares of Etsy Inc (NYSE:ETSY – Free Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm acquired 394,600 shares of the company’s stock, valued at approximately $29,725,000.

A number of other hedge funds have also recently bought and sold shares of ETSY. Global Retirement Partners LLC purchased a new stake in shares of Etsy in the second quarter valued at about $34,000. EFG International AG bought a new position in shares of Etsy during the fourth quarter valued at about $33,000. Danske Bank A S purchased a new position in Etsy during the third quarter worth about $66,000. CoreCap Advisors LLC boosted its holdings in Etsy by 2,379.1% during the second quarter. CoreCap Advisors LLC now owns 1,066 shares of the company’s stock worth $80,000 after purchasing an additional 1,023 shares during the last quarter. Finally, Federation des caisses Desjardins du Quebec grew its position in Etsy by 22.8% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 1,210 shares of the company’s stock worth $67,000 after purchasing an additional 225 shares in the last quarter. 99.53% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, Director Charles Andrew Ballard sold 4,500 shares of the firm’s stock in a transaction that occurred on Wednesday, August 26th. The shares were sold at an average price of $81.85, for a total value of $368,325.00. Following the completion of the transaction, the director directly owned 4,239 shares of the company’s stock, valued at approximately $346,962.15. This trade represents a 51.49% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Richard Edward Colburn III sold 8,252 shares of Etsy stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $82.09, for a total transaction of $677,406.68. Following the completion of the transaction, the insider owned 6,503 shares of the company’s stock, valued at $533,831.27. This represents a 55.93% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 589,467 shares of company stock valued at $44,276,956. Corporate insiders own 2.50% of the company’s stock.

Etsy Stock Performance

ETSY stock opened at $83.79 on Friday. The stock has a fifty day moving average of $80.83 and a 200-day moving average of $66.23. Etsy Inc has a fifty-two week low of $44.00 and a fifty-two week high of $87.97. The company has a market capitalization of $7.95 billion, a price-to-earnings ratio of 46.81, a PEG ratio of 4.01 and a beta of 1.84.

Etsy (NYSE:ETSY – Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The company reported ($0.49) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.75 by ($1.24). The firm had revenue of $668.31 million during the quarter, compared to the consensus estimate of $646.10 million. Etsy had a net margin of 7.32% and a negative return on equity of 34.18%. The company’s revenue was down .7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.25 earnings per share. Equities analysts predict that Etsy Inc will post 3.94 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. Morgan Stanley upgraded shares of Etsy from an “underweight” rating to an “outperform” rating in a research note on Thursday, August 20th. B. Riley Financial upped their target price on Etsy from $75.00 to $82.00 and gave the company a “neutral” rating in a report on Monday, August 10th. Canaccord Genuity Group set a $92.00 price target on Etsy in a report on Thursday, August 6th. Sanford C. Bernstein raised Etsy from a “hold” rating to an “outperform” rating in a research report on Thursday, August 20th. Finally, Truist Financial upped their price objective on Etsy from $85.00 to $90.00 and gave the company a “buy” rating in a research note on Wednesday, July 22nd. Two analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, eighteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $84.68.

Get Our Latest Report on ETSY

Etsy Profile

(Free Report)

Etsy, Inc operates two-sided online marketplaces that connect buyers and sellers primarily in the United States, the United Kingdom, Germany, Canada, Australia, France, and India. Its primary marketplace is Etsy.com that connects artisans and entrepreneurs with various consumers. The company also offers Reverb, a musical instrument marketplace; Depop, a fashion resale marketplace; and Elo7, a Brazil-based marketplace for handmade and unique items. In addition, it offers various seller services, including Etsy Payments, a payment processing service; Etsy Ads, an advertising platform; and Shipping Labels, which allows sellers in the United States, Canada, the United Kingdom, Australia, and India to purchase discounted shipping labels.