Etsy (NYSE:ETSY) Stock Moved Down to “Hold” by Arete Research

Arete Research cut shares of Etsy (NYSE:ETSY) from a strong-buy rating to a hold rating in a research report released on Thursday morning, Marketbeat Ratings reports. The brokerage currently has $81.00 price target on the stock.

Several other equities analysts have also commented on ETSY. Oppenheimer upgraded Etsy from a “market perform” rating to an “outperform” rating and set a $90.00 target price for the company in a research note on Tuesday, September 15th. The Goldman Sachs Group started coverage on shares of Etsy in a research report on Monday, August 17th. They set a “neutral” rating and a $89.00 price target for the company. Wedbush began coverage on shares of Etsy in a research note on Thursday, July 16th. They set a “neutral” rating and a $80.00 price target on the stock. Seaport Research Partners upgraded shares of Etsy to a “buy” rating in a report on Thursday, August 20th. Finally, UBS Group boosted their price objective on shares of Etsy from $74.00 to $86.00 and gave the company a “neutral” rating in a research note on Friday, August 7th. Three research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, seventeen have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Etsy has an average rating of “Moderate Buy” and a consensus target price of $86.21.

Etsy Price Performance

Shares of NYSE:ETSY opened at $68.91 on Thursday. The firm has a market capitalization of $6.54 billion, a P/E ratio of 38.50, a P/E/G ratio of 1.88 and a beta of 1.81. Etsy has a 12 month low of $44.00 and a 12 month high of $87.97. The company’s fifty day moving average price is $79.67 and its 200 day moving average price is $69.48.

Etsy (NYSE:ETSY) last posted its quarterly earnings data on Wednesday, August 5th. The company reported ($0.49) earnings per share for the quarter, missing analysts’ consensus estimates of $0.75 by ($1.24). The company had revenue of $668.31 million for the quarter, compared to analyst estimates of $646.10 million. Etsy had a negative return on equity of 34.18% and a net margin of 7.32%.The firm’s revenue was down .7% compared to the same quarter last year. During the same period in the previous year, the business posted $0.25 earnings per share. On average, sell-side analysts anticipate that Etsy will post 3.94 EPS for the current year.

Insider Buying and Selling at Etsy

In other Etsy news, insider Richard Edward Colburn III sold 2,913 shares of the firm’s stock in a transaction on Thursday, September 3rd. The shares were sold at an average price of $82.11, for a total transaction of $239,186.43. Following the completion of the transaction, the insider directly owned 6,503 shares of the company’s stock, valued at $533,961.33. This trade represents a 30.94% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Josh Silverman sold 1,671 shares of the company’s stock in a transaction dated Thursday, September 3rd. The shares were sold at an average price of $84.00, for a total transaction of $140,364.00. Following the completion of the sale, the insider owned 249,559 shares in the company, valued at approximately $20,962,956. This trade represents a 0.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 271,149 shares of company stock valued at $21,391,497. Corporate insiders own 2.50% of the company’s stock.

Hedge Funds Weigh In On Etsy

A number of hedge funds have recently added to or reduced their stakes in the business. Headlands Technologies LLC acquired a new position in Etsy during the 2nd quarter valued at about $1,045,000. Ieq Capital LLC acquired a new position in shares of Etsy during the second quarter worth approximately $4,083,000. Landscape Capital Management L.L.C. acquired a new position in shares of Etsy during the second quarter worth approximately $6,466,000. Bank of Nova Scotia bought a new position in Etsy in the 2nd quarter worth approximately $18,602,000. Finally, Janus Henderson Group PLC increased its position in Etsy by 627.2% in the 1st quarter. Janus Henderson Group PLC now owns 279,407 shares of the company’s stock valued at $13,962,000 after acquiring an additional 240,986 shares during the period. Institutional investors and hedge funds own 99.53% of the company’s stock.

Trending Headlines about Etsy

Here are the key news stories impacting Etsy this week:

• Positive Sentiment: Arete Research set an $81 price target, reduced from $85. Although the firm downgraded Etsy from “buy” to “neutral” (also reported as “strong-buy” to “hold”), the target still implies meaningful upside from recent trading levels. Arete Downgrades Etsy to Neutral From Buy, Adjusts Price Target to $81 From $85
• Neutral Sentiment: The downgrade reflects a more cautious outlook rather than a sharply reduced valuation: Arete lowered its target modestly while moving to a neutral stance. This suggests the analyst sees limited near-term catalysts despite potential longer-term value. CoreWeave upgraded, Etsy downgraded: Wall Street’s top analyst calls
• Negative Sentiment: Meta Platforms’ Muse AI agent is intensifying fears that consumers may increasingly delegate product searches and purchases to AI, bypassing marketplaces such as Etsy. The broader concern is that AI agents could reduce Etsy’s traffic, customer relationships and transaction economics. Why Etsy Stock Is Trading Lower Today
• Negative Sentiment: Reports that AI-generated products are pushing some Etsy sellers off the platform add to concerns about marketplace quality, seller retention and differentiation. If buyers encounter more generic or AI-produced goods, Etsy may face additional pressure to protect its handmade and unique-product positioning. AI-generated Products Push Etsy Sellers Off Platform

About Etsy

Etsy, Inc operates a global online marketplace that connects buyers with independent sellers offering handmade, personalized and vintage goods, as well as craft supplies. Its marketplace includes products such as jewelry, clothing, home décor, art, gifts and party supplies.

The company provides tools and services that support commerce on its platform, including seller storefronts, search and discovery features, payment processing, advertising, shipping solutions and customer support. Etsy primarily serves individual entrepreneurs and small businesses seeking to reach consumers interested in distinctive and creatively designed products.

Founded in 2005 and headquartered in Brooklyn, New York, Etsy serves buyers and sellers in numerous countries.