Etsy (NYSE:ETSY) Sets New 1-Year High – Here’s What Happened

Shares of Etsy Inc (NYSE:ETSY – Get Free Report) reached a new 52-week high during mid-day trading on Thursday. The company traded as high as $88.43 and last traded at $89.12, with a volume of 1,128,963 shares traded. The stock had previously closed at $82.93.

Trending Headlines about Etsy

Here are the key news stories impacting Etsy this week:

  • Positive Sentiment: Unconfirmed reports of potential takeover interest in online marketplaces lifted Etsy alongside eBay. The speculation is a short-term catalyst, although no offer or transaction has been confirmed. eBay Jumps 5% on Takeover Speculation; Etsy Rallies 7%, Shopify Holds Flat
  • Positive Sentiment: Etsy recorded a sharp, high-volume advance in the latest session and was on track for a seventh consecutive gain, indicating strong near-term investor demand. The momentum has brought the stock close to its 52-week high. Etsy on track to widen gains to seventh straight session
  • Neutral Sentiment: Etsy will release third-quarter 2026 results before the market opens on October 28. Investors will be watching marketplace sales, revenue growth, profitability and management’s outlook for confirmation that the rally is supported by improving fundamentals. Etsy to Announce Third Quarter 2026 Financial Results
  • Negative Sentiment: Zacks cautioned that the latest trend in earnings-estimate revisions may not support continued gains, creating a risk that the recent rally loses momentum. Etsy’s prior quarterly results also included an EPS miss, while revenue declined slightly year over year. Etsy Moves Higher: Will This Strength Last?
  • Negative Sentiment: CEO Josh Silverman sold 1,131 shares for roughly $91,630 across two transactions. Because the sales were made under a pre-arranged Rule 10b5-1 plan and represented less than 0.5% of his holdings, they are a limited bearish signal. Etsy SEC Form 4 Insider Transactions

Analysts Set New Price Targets

A number of research firms recently weighed in on ETSY. JPMorgan Chase & Co. raised Etsy from a “neutral” rating to an “overweight” rating and upped their price target for the stock from $85.00 to $100.00 in a research note on Friday, August 7th. Arete Research set a $81.00 price objective on Etsy and gave the company a “neutral” rating in a research note on Thursday, September 24th. Argus boosted their price objective on Etsy from $67.00 to $89.00 and gave the company a “buy” rating in a report on Tuesday, September 8th. Seaport Research Partners upgraded Etsy to a “buy” rating in a report on Thursday, August 20th. Finally, Barclays upped their target price on Etsy from $82.00 to $94.00 and gave the stock an “overweight” rating in a research report on Friday, August 7th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, eighteen have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $86.21.

View Our Latest Report on ETSY

Etsy Stock Performance

The company has a market cap of $8.07 billion, a price-to-earnings ratio of 47.49, a price-to-earnings-growth ratio of 2.23 and a beta of 1.86. The stock’s fifty day moving average is $77.01 and its two-hundred day moving average is $71.95.

Etsy (NYSE:ETSY – Get Free Report) last released its quarterly earnings results 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 company had revenue of $668.31 million for the quarter, compared to analyst estimates of $646.10 million. Etsy had a net margin of 7.32% and a negative return on equity of 34.18%. Etsy’s revenue for the quarter was down .7% on a year-over-year basis. During the same quarter last year, the firm posted $0.25 EPS. On average, equities research analysts expect that Etsy Inc will post 3.94 EPS for the current year.

Insider Buying and Selling

In related news, Director Frederick R. Wilson sold 20,000 shares of the stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $81.86, for a total value of $1,637,200.00. Following the completion of the sale, the director directly owned 401,329 shares of the company’s stock, valued at approximately $32,852,791.94. This represents a 4.75% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Josh Silverman sold 41,108 shares of the firm’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $83.11, for a total value of $3,416,485.88. Following the transaction, the insider owned 171,932 shares in the company, valued at approximately $14,289,268.52. This trade represents a 19.30% 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. Insiders have sold 128,175 shares of company stock worth $10,509,659 over the last three months. Company insiders own 2.50% of the company’s stock.

Institutional Trading of Etsy

Several institutional investors have recently made changes to their positions in ETSY. Global Retirement Partners LLC bought a new position in shares of Etsy during the second quarter valued at about $34,000. EFG International AG bought a new stake in Etsy in the 2nd quarter worth about $45,000. CoreCap Advisors LLC increased its stake in Etsy by 2,379.1% in the 2nd quarter. CoreCap Advisors LLC now owns 1,066 shares of the company’s stock valued at $80,000 after buying an additional 1,023 shares during the last quarter. Blue Trust Inc. increased its stake in Etsy by 19.3% in the 1st quarter. Blue Trust Inc. now owns 1,238 shares of the company’s stock valued at $62,000 after buying an additional 200 shares during the last quarter. Finally, Johnson Financial Group Inc. purchased a new stake in Etsy in the 2nd quarter valued at about $105,000. Institutional investors own 99.53% of the company’s stock.

Etsy Company Profile

(Get Free Report)

Etsy, Inc operates a global online marketplace focused on unique and creative goods. Its platform connects buyers with independent sellers offering handmade products, vintage items, craft supplies, personalized merchandise, home décor, jewelry, clothing, and other specialty goods.

The company generates revenue primarily through marketplace services, including seller listing and transaction fees, payment processing, advertising, and other seller-focused services. Etsy also provides tools intended to help independent merchants manage their shops, market products, process orders, and reach customers.

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

Further Reading

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