Etsy (NYSE:ETSY) CFO Sells $134,316.32 in Stock

Etsy Inc (NYSE:ETSY - Get Free Report) CFO Charles Baker sold 1,564 shares of the firm's stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $85.88, for a total transaction of $134,316.32. Following the completion of the sale, the chief financial officer owned 11,357 shares in the company, valued at $975,339.16. The trade was a 12.10% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Etsy Price Performance

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Shares of NYSE ETSY opened at $82.29 on Friday. Etsy Inc has a 1 year low of $44.00 and a 1 year high of $87.97. The company has a market capitalization of $7.81 billion, a price-to-earnings ratio of 45.97, a price-to-earnings-growth ratio of 3.36 and a beta of 1.84. The business has a 50-day moving average of $77.10 and a two-hundred day moving average of $63.55.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on ETSY. Zacks Research downgraded Etsy from a "strong-buy" rating to a "hold" rating in a report on Tuesday, July 14th. Guggenheim began coverage on Etsy in a report on Thursday, May 21st. They issued a "buy" rating for the company. Susquehanna lowered shares of Etsy to a "neutral" rating in a research report on Thursday, May 21st. Citigroup began coverage on Etsy in a research report on Thursday, May 21st. They issued an "outperform" rating for the company. Finally, Raymond James Financial lifted their price objective on Etsy from $75.00 to $92.00 and gave the stock an "outperform" rating in a research report on Tuesday, July 21st. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, twenty have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $76.28.

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View Our Latest Stock Analysis on ETSY

Hedge Funds Weigh In On Etsy

Several institutional investors and hedge funds have recently bought and sold shares of ETSY. EFG International AG acquired a new position in shares of Etsy in the 4th quarter valued at about $33,000. Global Retirement Partners LLC purchased a new position in shares of Etsy in the 2nd quarter valued at $34,000. Blue Trust Inc. lifted its position in Etsy by 19.3% during 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. Danske Bank A S purchased a new position in Etsy in the 3rd quarter valued at about $66,000. Finally, Federation des caisses Desjardins du Quebec boosted its stake in shares of Etsy by 22.8% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 1,210 shares of the company's stock valued at $67,000 after buying an additional 225 shares during the last quarter. Institutional investors and hedge funds own 99.53% of the company's stock.

Trending Headlines about Etsy

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Here are the key news stories impacting Etsy this week:

• Positive Sentiment: Q2 results exceeded expectations: Etsy reported approximately $668.3 million in revenue, above the $646.1 million consensus estimate, while adjusted earnings of $1.34 per share topped expectations of $1.17. Growth in gross merchandise sales (GMS), Etsy Ads and operating leverage supported the quarter. Etsy Q2 Earnings Beat on GMS and Ads Strength
• Positive Sentiment: Marketplace momentum and guidance improved: Standalone Etsy GMS growth accelerated to 7.5% year over year, aided by higher average order values and more active buyers. Stronger margins prompted management to raise its 2026 outlook. Etsy Efficiency Push and GMS Strength
• Positive Sentiment: Capital returns may support the shares: Etsy authorized an additional $2 billion share-repurchase program. Buybacks could support earnings per share and signal confidence in the company’s cash generation. Etsy to Cut 12 Percent of Workforce
• Neutral Sentiment: Analysts raised some forecasts: Several analysts increased their price targets following the quarterly beat, although the broader analyst consensus remains close to “Hold,” reflecting uncertainty about the turnaround and current valuation. Etsy Analysts Increase Their Forecasts
• Negative Sentiment: Layoffs highlight execution concerns: Etsy plans to eliminate about 220 jobs, or 12% of its workforce, primarily to simplify operations and speed decision-making. Management says the move is intended to position the company for growth, but investors may interpret it as evidence that the turnaround remains challenging. Etsy Layoffs and Restructuring Plan
• Negative Sentiment: Insider selling adds an overhang: Executive Chair Josh Silverman sold 6,294 shares for about $529,000, following additional sales in recent months. CFO Charles Baker also sold shares. The transactions were made under pre-arranged Rule 10b5-1 plans, reducing their predictive value, but the sales can still weigh on sentiment after the stock’s strong run. Etsy Insider Josh Silverman Sells Shares

About Etsy

(Get Free Report)

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.

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