Etsy, Inc. (NASDAQ:ETSY) Shares Purchased by Dimensional Fund Advisors LP


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Dimensional Fund Advisors LP raised its stake in shares of Etsy, Inc. (NASDAQ:ETSY) by 8.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 486,491 shares of the specialty retailer’s stock after purchasing an additional 36,940 shares during the period. Dimensional Fund Advisors LP owned 0.39% of Etsy worth $86,564,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Golden Green Inc. acquired a new position in Etsy during the fourth quarter worth approximately $380,000. Crossmark Global Holdings Inc. increased its position in Etsy by 158.7% during the fourth quarter. Crossmark Global Holdings Inc. now owns 26,620 shares of the specialty retailer’s stock worth $4,736,000 after purchasing an additional 16,330 shares during the last quarter. State Board of Administration of Florida Retirement System increased its position in Etsy by 1.6% during the fourth quarter. State Board of Administration of Florida Retirement System now owns 159,162 shares of the specialty retailer’s stock worth $28,317,000 after purchasing an additional 2,469 shares during the last quarter. Hsbc Holdings PLC increased its position in Etsy by 7.3% during the fourth quarter. Hsbc Holdings PLC now owns 95,498 shares of the specialty retailer’s stock worth $17,189,000 after purchasing an additional 6,505 shares during the last quarter. Finally, B. Riley Wealth Management Inc. increased its position in shares of Etsy by 21.8% in the fourth quarter. B. Riley Wealth Management Inc. now owns 6,412 shares of the specialty retailer’s stock worth $1,141,000 after acquiring an additional 1,147 shares in the last quarter. 87.69% of the stock is owned by hedge funds and other institutional investors.

NASDAQ ETSY opened at $218.13 on Tuesday. Etsy, Inc. has a 12 month low of $51.76 and a 12 month high of $251.86. The company has a debt-to-equity ratio of 1.65, a current ratio of 4.98 and a quick ratio of 4.98. The company has a market capitalization of $27.50 billion, a price-to-earnings ratio of 121.18, a price-to-earnings-growth ratio of 3.58 and a beta of 1.66. The company’s fifty day moving average price is $211.19 and its two-hundred day moving average price is $179.29.

Etsy (NASDAQ:ETSY) last posted its quarterly earnings data on Thursday, February 25th. The specialty retailer reported $1.08 EPS for the quarter, beating the Zacks’ consensus estimate of $0.60 by $0.48. Etsy had a net margin of 16.83% and a return on equity of 46.30%. As a group, analysts anticipate that Etsy, Inc. will post 2.12 EPS for the current year.

In other Etsy news, CTO Michael T. Fisher sold 24,592 shares of the stock in a transaction on Monday, April 5th. The shares were sold at an average price of $198.40, for a total transaction of $4,879,052.80. Following the sale, the chief technology officer now directly owns 25,665 shares of the company’s stock, valued at $5,091,936. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Melissa Reiff sold 2,000 shares of the stock in a transaction on Wednesday, January 20th. The stock was sold at an average price of $225.00, for a total transaction of $450,000.00. Following the sale, the director now directly owns 3,434 shares in the company, valued at $772,650. The disclosure for this sale can be found here. Insiders have sold 63,965 shares of company stock worth $12,877,770 over the last three months. 3.80% of the stock is owned by corporate insiders.

Several equities research analysts have recently issued reports on the stock. Canaccord Genuity increased their price objective on shares of Etsy from $215.00 to $270.00 and gave the stock a “buy” rating in a research report on Thursday, March 4th. Morgan Stanley increased their price objective on shares of Etsy from $93.00 to $123.00 and gave the stock an “underweight” rating in a research report on Thursday, March 4th. Zacks Investment Research raised shares of Etsy from a “hold” rating to a “buy” rating and set a $257.00 price objective for the company in a research report on Tuesday, March 2nd. Evercore ISI assumed coverage on shares of Etsy in a research report on Monday, April 5th. They issued an “outperform” rating and a $265.00 price objective for the company. Finally, Stifel Nicolaus reissued a “hold” rating and issued a $170.00 price objective on shares of Etsy in a research report on Sunday, February 7th. One analyst has rated the stock with a sell rating, one has given a hold rating and eighteen have issued a buy rating to the company. Etsy has a consensus rating of “Buy” and a consensus target price of $207.09.

Etsy Profile

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 online market places include Etsy.com and Reverb.com. The company offers approximately 85 million items in its various retail categories to buyers.

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Institutional Ownership by Quarter for Etsy (NASDAQ:ETSY)

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