Insider Selling: Etsy (NYSE:ETSY) Insider Sells $2,514,567.00 in Stock

Etsy Inc (NYSE:ETSY) insider Josh Silverman sold 36,443 shares of the firm’s stock in a transaction dated Wednesday, April 29th. The shares were sold at an average price of $69.00, for a total value of $2,514,567.00. Following the completion of the transaction, the insider owned 130,694 shares of the company’s stock, valued at $9,017,886. The trade was a 21.80% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Josh Silverman also recently made the following trade(s):

• On Tuesday, April 21st, Josh Silverman sold 70,000 shares of Etsy stock. The shares were sold at an average price of $65.00, for a total value of $4,550,000.00.
• On Monday, April 20th, Josh Silverman sold 30,369 shares of Etsy stock. The shares were sold at an average price of $64.00, for a total value of $1,943,616.00.
• On Thursday, April 16th, Josh Silverman sold 24,296 shares of Etsy stock. The shares were sold at an average price of $59.00, for a total value of $1,433,464.00.
• On Monday, April 6th, Josh Silverman sold 12,148 shares of Etsy stock. The shares were sold at an average price of $54.00, for a total value of $655,992.00.
• On Wednesday, April 1st, Josh Silverman sold 6,074 shares of Etsy stock. The shares were sold at an average price of $49.07, for a total value of $298,051.18.
• On Monday, February 2nd, Josh Silverman sold 21,666 shares of Etsy stock. The shares were sold at an average price of $53.26, for a total value of $1,153,931.16.

Etsy Price Performance

Shares of NYSE ETSY opened at $63.16 on Monday. The company has a market cap of $5.99 billion, a PE ratio of 26.32, a price-to-earnings-growth ratio of 2.59 and a beta of 1.89. The firm has a 50-day moving average of $55.48. Etsy Inc has a fifty-two week low of $42.97 and a fifty-two week high of $76.51.

Etsy (NYSE:ETSY) last issued its earnings results on Thursday, February 19th. The company reported $0.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.88 by $0.04. Etsy had a net margin of 9.94% and a negative return on equity of 28.60%. The business had revenue of $881.64 million during the quarter. On average, sell-side analysts anticipate that Etsy Inc will post 3.71 earnings per share for the current fiscal year.

Key Headlines Impacting Etsy

Here are the key news stories impacting Etsy this week:

• Positive Sentiment: Q1 results beat estimates: revenue and EPS topped forecasts; Etsy reported mid-single-digit GMS growth and its first buyer growth in two years, signaling improving marketplace momentum. ETSY Q1 Earnings & Revenues Surpass Estimates
• Positive Sentiment: Gross merchandise sales (GMS) +5.5% in Q1 and improving revenue mix as advertising/services drive growth and margins — key fundamentals investors reward. Etsy marketplace GMS rises 5.5% in first quarter
• Positive Sentiment: Several brokers raised price targets and issued buy/overweight calls (Needham to $85 buy; Canaccord to $80 buy; Barclays to $82 overweight; Truist to $85 buy), providing bullish analyst support. Broker Price Target Actions
• Neutral Sentiment: Management commentary and coverage note a “cautious recovery” from the earnings call — positive operational signs but management is measured on cadence of improvement. Earnings Call Highlights
• Neutral Sentiment: Product/marketplace stories emphasize a platform rebuild and trend-tailwinds (nostalgia/bold design) that may support long-term engagement but are execution-dependent. Marketplace Rebuild Paying Off
• Neutral Sentiment: Press pieces highlight AI/SEO algorithm changes that create urgency for sellers — mixed near-term impact (implementation frictions vs. longer-term search improvements). AI SEO Urgency for Sellers
• Negative Sentiment: Insider sale: former CEO Josh Silverman sold ~36,443 shares under a 10b5‑1 plan, reducing his stake by ~21.8% — often interpreted by markets as a near-term negative signal despite pre-arrangement. SEC Form 4
• Negative Sentiment: B. Riley downgraded ETSY from buy to neutral (PT $75) and Wells Fargo remains underweight despite a raised target — mixed-to-cautious analyst views could cap upside in the near term. B. Riley Downgrade
• Negative Sentiment: Morgan Stanley flagged sustainability questions even as growth returns — ESG scrutiny can pressure multiples and investor sentiment. Sustainability Questions

Analyst Ratings Changes

Several brokerages recently issued reports on ETSY. Deutsche Bank Aktiengesellschaft raised their target price on shares of Etsy from $74.00 to $75.00 and gave the company a “hold” rating in a research note on Thursday. Cantor Fitzgerald raised their target price on shares of Etsy from $51.00 to $59.00 and gave the company a “neutral” rating in a research note on Tuesday, April 21st. Barclays raised their target price on shares of Etsy from $72.00 to $82.00 and gave the company an “overweight” rating in a research note on Thursday. Stifel Nicolaus cut their target price on shares of Etsy from $62.00 to $55.00 and set a “hold” rating for the company in a research note on Friday, February 20th. Finally, Wall Street Zen downgraded shares of Etsy from a “buy” rating to a “hold” rating in a research note on Saturday. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, nineteen have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, Etsy has an average rating of “Hold” and an average price target of $70.09.

Institutional Investors Weigh In On Etsy

Several hedge funds have recently bought and sold shares of ETSY. EFG International AG acquired a new stake in Etsy during the fourth quarter worth approximately $33,000. SJS Investment Consulting Inc. lifted its position in Etsy by 12,600.0% during the third quarter. SJS Investment Consulting Inc. now owns 762 shares of the company’s stock worth $51,000 after acquiring an additional 756 shares during the last quarter. Abich Financial Wealth Management LLC acquired a new stake in Etsy during the third quarter worth approximately $51,000. Salomon & Ludwin LLC acquired a new stake in Etsy during the third quarter worth approximately $55,000. Finally, Blue Trust Inc. lifted its position in Etsy by 19.3% during the first quarter. Blue Trust Inc. now owns 1,238 shares of the company’s stock worth $62,000 after acquiring an additional 200 shares during the last quarter. 99.53% of the stock is currently owned by institutional investors and hedge funds.

About Etsy

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.