Etsy, Inc. $ETSY Holdings Cut by Fiera Capital Corp

Fiera Capital Corp cut its stake in shares of Etsy, Inc. (NASDAQ:ETSY) by 2.1% in the 3rd quarter, Holdings Channel reports. The firm owned 635,728 shares of the specialty retailer’s stock after selling 13,814 shares during the quarter. Fiera Capital Corp’s holdings in Etsy were worth $42,206,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in ETSY. Holocene Advisors LP boosted its position in Etsy by 697.4% during the 2nd quarter. Holocene Advisors LP now owns 5,343,797 shares of the specialty retailer’s stock valued at $268,045,000 after purchasing an additional 4,673,615 shares during the period. Arrowstreet Capital Limited Partnership increased its position in Etsy by 62.3% in the second quarter. Arrowstreet Capital Limited Partnership now owns 3,692,134 shares of the specialty retailer’s stock worth $185,197,000 after buying an additional 1,416,772 shares during the period. Norges Bank bought a new stake in Etsy in the second quarter valued at $65,207,000. Artisan Partners Limited Partnership acquired a new position in shares of Etsy during the second quarter valued at $50,033,000. Finally, Allianz Asset Management GmbH boosted its holdings in shares of Etsy by 1,648.1% during the third quarter. Allianz Asset Management GmbH now owns 706,679 shares of the specialty retailer’s stock valued at $46,916,000 after acquiring an additional 666,253 shares during the period. 99.53% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Etsy

In other Etsy news, insider Josh Silverman sold 21,666 shares of the company’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $53.26, for a total value of $1,153,931.16. Following the completion of the sale, the insider directly owned 90,661 shares in the company, valued at $4,828,604.86. This represents a 19.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Merilee Buckley sold 5,636 shares of the stock in a transaction on Monday, January 5th. The shares were sold at an average price of $58.45, for a total value of $329,424.20. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 135,934 shares of company stock worth $7,661,068. 2.80% of the stock is owned by corporate insiders.

Etsy Trading Up 8.4%

ETSY stock opened at $52.20 on Friday. The firm’s 50-day moving average is $55.62 and its two-hundred day moving average is $59.45. The company has a market capitalization of $5.15 billion, a price-to-earnings ratio of 42.10, a price-to-earnings-growth ratio of 10.65 and a beta of 1.77. Etsy, Inc. has a 52 week low of $40.05 and a 52 week high of $76.51.

Etsy announced that its Board of Directors has authorized a share buyback plan on Thursday, December 18th that allows the company to repurchase $750.00 million in shares. This repurchase authorization allows the specialty retailer to repurchase up to 14.2% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s management believes its shares are undervalued.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on ETSY shares. Needham & Company LLC dropped their price objective on shares of Etsy from $76.00 to $65.00 and set a “buy” rating on the stock in a report on Friday. Truist Financial upped their target price on shares of Etsy from $80.00 to $83.00 and gave the stock a “buy” rating in a research report on Friday. UBS Group dropped their price target on shares of Etsy from $74.00 to $53.00 and set a “neutral” rating on the stock in a research note on Friday. Evercore cut Etsy from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 30th. Finally, Wells Fargo & Company decreased their price objective on Etsy from $52.00 to $47.00 and set an “underweight” rating for the company in a report on Friday. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, eighteen have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $61.12.

Key Stories Impacting Etsy

Here are the key news stories impacting Etsy this week:

• Positive Sentiment: Sale of Depop to eBay for $1.2 billion in cash — provides >$1B of immediate liquidity, lets Etsy refocus on its core marketplace and was the main fundamental catalyst for the move higher. TechCrunch: Etsy sells Depop to eBay
• Positive Sentiment: Q4 beat on EPS and return to slight year-over-year GMS growth — Etsy topped EPS estimates and showed early stabilization in buyer engagement, helping investors look past near-term margin pressure. PR Newswire: Etsy Q4 and FY2025 results
• Positive Sentiment: Selected bullish analyst moves (Truist raise to $83, Needham buy maintained) give headline upside narratives that supported momentum for some buyers. Benzinga: analyst coverage
• Positive Sentiment: Wider market catalyst — a Supreme Court ruling that lifted e‑commerce names provided an additional short‑term bid to Etsy along with peers. CNBC: e‑commerce stocks pop after Supreme Court ruling
• Neutral Sentiment: Technical factors — elevated short interest amplified the rally (short squeeze component), so part of the move appears driven by positioning rather than new fundamentals. Benzinga: short interest note
• Neutral Sentiment: UBS and other cautious notes: some analysts view the Depop divestiture as improving profitability but still flag modest GMS growth and a valuation reset — a watch‑and‑wait stance. TipRanks: UBS commentary
• Negative Sentiment: Multiple analyst price‑target cuts and downgrades (JPMorgan, Wells Fargo, Morgan Stanley, Stifel, Cantor Fitzgerald and others) signal medium‑term caution on growth and valuation — these offsets could cap upside without clearer margin/GMS improvement. MarketScreener: analyst cuts
• Negative Sentiment: Mixed fundamentals and margin pressure — revenue roughly inline but profit and operating metrics showed strain, supporting views that a valuation reset may be underway. WSJ: profit vs revenue note
• Negative Sentiment: Insider sale disclosed (director sold 300 shares) — small in dollar terms but sometimes noted by traders as a modest negative signal. SEC Form 4: director sale

Etsy Company Profile

Etsy, Inc (NASDAQ: ETSY) operates a global e-commerce marketplace focused on handmade, vintage and unique goods. The platform connects individual artisans, small businesses and collectors with buyers seeking one-of-a-kind items, ranging from handcrafted jewelry and clothing to home décor and art supplies. Etsy’s revenue is primarily generated through listing fees, transaction fees on sales and optional seller services such as advertising and shipping labels.

Founded in 2005 and headquartered in Brooklyn, New York, Etsy has cultivated a community-driven ethos, encouraging sustainable practices and personal entrepreneurship.