Key Points
- CEO Josh Silverman sold 417 Etsy shares at an average price of $84.47, generating $35,223.99. The transaction was made under a pre-arranged Rule 10b5-1 plan and reduced his holdings by just 0.16%.
- Etsy shares opened at $89.20, near their 52-week high of $90.13, following a strong seven-session rally partly fueled by unconfirmed takeover speculation. The company is scheduled to report third-quarter 2026 results on October 28.
- Analyst sentiment is mixed, with a consensus “Hold” rating and an average price target of $86.21, despite several recent upgrades. Etsy’s latest quarter beat revenue estimates but missed EPS expectations, while revenue declined 0.7% year over year.
Etsy Inc (NYSE:ETSY - Get Free Report) insider Josh Silverman sold 417 shares of the firm's stock in a transaction that occurred on Thursday, October 15th. The stock was sold at an average price of $84.47, for a total transaction of $35,223.99. Following the sale, the insider directly owned 262,617 shares of the company's stock, valued at approximately $22,183,257.99. The trade was a 0.16% decrease in their position. The transaction 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.
Josh Silverman also recently made the following trade(s):
- On Tuesday, October 13th, Josh Silverman sold 714 shares of Etsy stock. The stock was sold at an average price of $79.00, for a total value of $56,406.00.
- On Thursday, October 8th, Josh Silverman sold 383 shares of Etsy stock. The stock was sold at an average price of $74.00, for a total value of $28,342.00.
- On Thursday, October 1st, Josh Silverman sold 2,090 shares of Etsy stock. The stock was sold at an average price of $72.45, for a total value of $151,420.50.
- On Tuesday, September 1st, Josh Silverman sold 11,696 shares of Etsy stock. The shares were sold at an average price of $81.85, for a total value of $957,317.60.
- On Thursday, September 3rd, Josh Silverman sold 1,671 shares of Etsy stock. The shares were sold at an average price of $84.00, for a total value of $140,364.00.
- On Tuesday, August 4th, Josh Silverman sold 6,294 shares of Etsy stock. The shares were sold at an average price of $84.00, for a total value of $528,696.00.
- On Monday, August 3rd, Josh Silverman sold 41,108 shares of Etsy stock. The stock was sold at an average price of $83.11, for a total value of $3,416,485.88.
Etsy Stock Performance
Etsy stock opened at $89.20 on Friday. The firm has a market cap of $8.46 billion, a P/E ratio of 49.83, a P/E/G ratio of 2.07 and a beta of 1.86. The business's fifty day moving average is $77.01 and its two-hundred day moving average is $71.85. Etsy Inc has a 52 week low of $44.00 and a 52 week high of $90.13.
Etsy (NYSE:ETSY - Get Free Report) last announced its earnings results on Wednesday, August 5th. The company reported ($0.49) EPS for the quarter, missing the consensus estimate of $0.75 by ($1.24). Etsy had a negative return on equity of 34.18% and a net margin of 7.32%. The business had revenue of $668.31 million for the quarter, compared to the consensus estimate of $646.10 million. During the same quarter in the previous year, the company posted $0.25 EPS. Etsy's revenue for the quarter was down .7% on a year-over-year basis. On average, equities research analysts predict that Etsy Inc will post 3.94 earnings per share for the current year.
Analyst Upgrades and Downgrades
A number of equities research analysts have commented on the stock. Loop Capital set a $105.00 price objective on shares of Etsy in a report on Thursday, August 20th. Rosenblatt Securities began coverage on shares of Etsy in a research note on Thursday, August 20th. They issued a "buy" rating and a $95.00 target price for the company. JPMorgan Chase & Co. raised shares of Etsy from a "neutral" rating to an "overweight" rating and boosted their target price for the stock from $85.00 to $100.00 in a research note on Friday, August 7th. BTIG Research upgraded shares of Etsy from a "neutral" rating to a "buy" rating and set a $90.00 target price on the stock in a research report on Friday, September 18th. Finally, Bank of America upgraded shares of Etsy from a "neutral" rating to a "buy" rating and upped their target price for the stock from $88.00 to $95.00 in a research report on Thursday, August 20th. Two investment 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 assigned a Sell rating to the company. Based on data from MarketBeat, Etsy currently has a consensus rating of "Hold" and an average price target of $86.21.
View Our Latest Report on ETSY
Hedge Funds Weigh In On Etsy
Several large investors have recently made changes to their positions in ETSY. Renaissance Technologies LLC lifted its stake in shares of Etsy by 11.1% during the first quarter. Renaissance Technologies LLC now owns 5,962,210 shares of the company's stock valued at $297,991,000 after acquiring an additional 594,768 shares during the period. Arrowstreet Capital Limited Partnership boosted its holdings in Etsy by 51.4% in the first quarter. Arrowstreet Capital Limited Partnership now owns 3,278,123 shares of the company's stock valued at $163,841,000 after acquiring an additional 1,112,520 shares during the last quarter. Assenagon Asset Management S.A. increased its position in Etsy by 48.0% in the second quarter. Assenagon Asset Management S.A. now owns 1,613,333 shares of the company's stock worth $121,532,000 after purchasing an additional 523,092 shares during the period. William Blair Investment Management LLC acquired a new stake in Etsy in the second quarter worth about $120,417,000. Finally, Dimensional Fund Advisors LP increased its position in Etsy by 6.8% in the first quarter. Dimensional Fund Advisors LP now owns 1,573,696 shares of the company's stock worth $78,642,000 after purchasing an additional 100,542 shares during the period. Institutional investors and hedge funds own 99.53% of the company's stock.
Key Headlines Impacting Etsy
Here are the key news stories impacting Etsy this week:
- Positive Sentiment: Unconfirmed reports of potential takeover interest in online marketplaces helped lift Etsy alongside eBay. The speculation is a potential catalyst, although there is no confirmed offer or transaction. eBay Jumps 5% on Takeover Speculation; Etsy Rallies 7%, Shopify Holds Flat
- Positive Sentiment: Continued momentum over seven straight trading sessions suggests strong near-term investor demand and has pushed Etsy shares toward their 12-month high. However, the rally increases the stock’s sensitivity to disappointing news or a lack of confirmation regarding takeover interest. Etsy on track to widen gains to seventh straight session
- Neutral Sentiment: Etsy will report third-quarter 2026 financial results before the market opens on October 28. Investors are likely to focus on marketplace sales, revenue growth, profitability and management’s outlook; the announcement itself does not change current fundamentals. Etsy to Announce Third Quarter 2026 Financial Results on October 28, 2026
- Negative Sentiment: Chief Executive Josh Silverman sold a combined 1,131 shares for approximately $91,630. The sales were executed under a pre-arranged Rule 10b5-1 plan and represented less than 0.5% of his holdings, limiting their significance as a bearish signal. Etsy SEC Form 4 Insider Transactions
About Etsy
(
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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
