Etsy Inc (ETSY) – What Are Investment Firms Saying About This Stock?

Shares of Etsy Inc (NYSE:ETSY) have been given an average recommendation of “Hold” by the thirty-three ratings firms that are currently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell rating, sixteen have issued a hold rating, fifteen have assigned a buy rating and one has issued a strong buy rating on the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $94.07.

ETSY has been the topic of several analyst reports. Zacks Research downgraded Etsy from a “strong-buy” rating to a “hold” rating in a report on Monday, October 5th. Evercore set a $83.00 target price on shares of Etsy in a research note on Thursday, August 6th. Wall Street Zen raised shares of Etsy from a “hold” rating to a “buy” rating in a research report on Saturday, October 31st. The Goldman Sachs Group boosted their price objective on Etsy from $89.00 to $108.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 28th. Finally, Weiss Ratings upgraded Etsy from a “hold (c)” rating to a “buy (b-)” rating in a research note on Friday, October 30th.

Insider Activity at Etsy

In other news, Director Marla Blow sold 6,000 shares of the stock in a transaction that occurred on Thursday, October 29th. The stock was sold at an average price of $92.67, for a total value of $556,020.00. Following the completion of the sale, the director directly owned 7,024 shares of the company’s stock, valued at approximately $650,914.08. This represents a 46.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Josh Silverman sold 41,500 shares of the firm’s stock in a transaction on Monday, November 2nd. The stock was sold at an average price of $92.13, for a total transaction of $3,823,395.00. Following the completion of the sale, the insider owned 221,117 shares in the company, valued at approximately $20,371,509.21. The trade was a 15.80% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 141,501 shares of company stock valued at $12,314,562. 2.50% of the stock is owned by corporate insiders.

Institutional Trading of Etsy

A number of hedge funds have recently modified their holdings of ETSY. Blue Trust Inc. boosted its holdings in shares of Etsy by 19.3% in the 1st quarter. Blue Trust Inc. now owns 1,238 shares of the company’s stock worth $62,000 after acquiring an additional 200 shares in the last quarter. Lmcg Investments LLC increased its holdings in Etsy by 0.3% in the first quarter. Lmcg Investments LLC now owns 71,569 shares of the company’s stock valued at $3,577,000 after purchasing an additional 249 shares during the last quarter. NorthCrest Asset Manangement LLC increased its stake in Etsy by 9.3% in the third quarter. NorthCrest Asset Manangement LLC now owns 3,166 shares of the company’s stock valued at $238,000 after purchasing an additional 269 shares in the last quarter. Signaturefd LLC lifted its holdings in Etsy by 61.8% during the third quarter. Signaturefd LLC now owns 762 shares of the company’s stock worth $54,000 after acquiring an additional 291 shares in the last quarter. Finally, Modera Wealth Management LLC grew its position in shares of Etsy by 1.3% in the 1st quarter. Modera Wealth Management LLC now owns 23,889 shares of the company’s stock valued at $1,194,000 after purchasing an additional 302 shares during the period. Institutional investors own 99.53% of the company’s stock.

Trending Headlines about Etsy

Here are the key news stories impacting Etsy this week:

• Positive Sentiment: Etsy’s Q3 results and management commentary pointed to a potential turnaround: gross merchandise sales grew 8.8%, buyer trends improved, and revenue rose 10.9% year over year to $692.5 million, beating expectations. Management highlighted AI-powered personalization and expects stronger sales in the holiday quarter. Etsy Q3 Earnings Call Highlights Growth and AI Priorities
• Positive Sentiment: A comparison of e-commerce stocks noted Etsy’s substantial year-to-date gains while Shopify has lagged. The contrast may bolster Etsy’s relative appeal, though the article raises the question of whether investors have favored the right company. Etsy Is Up 66% This Year. Shopify Is Down 9%. Did Investors Pick the Wrong E-Commerce Stock?
• Neutral Sentiment: Coverage of Etsy’s Q3 performance highlighted AI-driven personalization and its differentiated marketplace as growth opportunities. The strategy’s effect on longer-term results remains to be seen. ETSY Q3 deep dive: AI-driven personalization and marketplace differentiation propel growth
• Negative Sentiment: CEO Josh Silverman disclosed sales of Etsy shares, including 41,500 shares on Nov. 2, and directors Frederick Wilson and Marla Blow also reportedly sold shares. Insider sales can weigh on sentiment, although they do not necessarily signal a change in business outlook. Etsy Insider Josh Silverman Sells Shares
• Negative Sentiment: Commentary warns that AI-generated products could undermine Etsy’s promise of unique, handmade goods if they dilute product differentiation or seller trust. Etsy is tightening AI rules, but enforcement and its impact on the marketplace remain concerns. AI is just the newest threat to Etsy’s handmade promise

Etsy Trading Up 7.3%

Etsy stock opened at $96.42 on Friday. The company has a market capitalization of $8.31 billion, a P/E ratio of 22.35, a P/E/G ratio of 1.91 and a beta of 1.76. The firm’s fifty day simple moving average is $79.28 and its 200-day simple moving average is $68.67. Etsy has a 1-year low of $44.00 and a 1-year high of $97.85.

Etsy (NYSE:ETSY) last issued its quarterly earnings data on Wednesday, October 28th. The company reported $7.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.76 by $6.55. Etsy had a net margin of 34.36% and a negative return on equity of 43.65%. The firm had revenue of $692.47 million during the quarter, compared to analysts’ expectations of $669.04 million. During the same period in the prior year, the company posted $0.63 earnings per share. Etsy’s revenue for the quarter was up 10.9% on a year-over-year basis. On average, equities research analysts predict that Etsy will post 4.31 earnings per share for the current year.

About Etsy

Etsy, Inc operates an online marketplace that connects independent sellers with consumers seeking unique and creative goods. Its marketplace features products such as handmade items, personalized gifts, vintage merchandise, home décor, jewelry, clothing, craft supplies and other goods made, designed, selected or sourced by individual sellers and small businesses.

The company provides tools and services that support marketplace activity, including seller storefronts, search and discovery features, payment processing, advertising, shipping assistance and customer support.