Etsy (NYSE:ETSY) Stock: Insider Marla Blow Sells 6,000 Shares

Etsy Inc (NYSE:ETSY) Director Marla Blow sold 6,000 shares of the stock in a transaction dated Thursday, October 29th. The stock was sold at an average price of $92.67, for a total transaction of $556,020.00. Following the transaction, the director directly owned 7,024 shares in the company, valued at $650,914.08. This trade represents a 46.07% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Etsy Price Performance

Shares of ETSY opened at $90.18 on Wednesday. Etsy Inc has a one year low of $44.00 and a one year high of $95.49. The company has a market cap of $7.77 billion, a PE ratio of 10.65, a P/E/G ratio of 1.96 and a beta of 1.76. The stock has a 50-day moving average of $79.04 and a 200-day moving average of $68.51.

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

Hedge Funds Weigh In On Etsy

Several large investors have recently added to or reduced their stakes in the business. Global Retirement Partners LLC acquired a new position in Etsy during the 2nd quarter valued at about $34,000. EFG International AG bought a new stake in Etsy during the 2nd quarter worth approximately $45,000. Signaturefd LLC raised its stake in shares of Etsy by 61.8% in the third quarter. Signaturefd LLC now owns 762 shares of the company’s stock worth $54,000 after purchasing an additional 291 shares during the last quarter. CoreCap Advisors LLC raised its stake in shares of Etsy by 2,379.1% in the second quarter. CoreCap Advisors LLC now owns 1,066 shares of the company’s stock worth $80,000 after purchasing an additional 1,023 shares during the last quarter. Finally, Johnson Financial Group Inc. purchased a new stake in shares of Etsy in the second quarter worth approximately $105,000. Institutional investors own 99.53% of the company’s stock.

Etsy News Summary

Here are the key news stories impacting Etsy this week:

• Positive Sentiment: Third-quarter results beat expectations: revenue rose 10.9% year over year to $692.5 million, and non-GAAP EPS of $1.56 exceeded analyst estimates. On the earnings call, management also highlighted 8.8% gross merchandise sales growth, improving buyer trends, and plans to use AI-powered personalization to support stronger holiday-quarter sales. Etsy Q3 Earnings Call Highlights Growth and AI Priorities
• Neutral Sentiment: Etsy is tightening its rules for AI-generated listings as sellers seek better protections for original creative work. Clearer policies could reinforce the marketplace’s distinctiveness, but implementation may bring seller friction. Etsy tightens AI rules
• Negative Sentiment: Several insiders disclosed share sales, including CEO Josh Silverman’s sale of 41,500 shares and director sales by Marla Blow and Frederick Wilson. Such sales can weigh on sentiment, though they do not by themselves establish a negative view of the business. Etsy insider trades
• Negative Sentiment: Commentary warns that AI-generated products could erode Etsy’s handmade-goods identity and seller trust if they dilute product quality or differentiation. AI is just the newest threat to Etsy’s handmade promise
• Negative Sentiment: A sharp selloff in Shopify following disappointing GMV and subscription-revenue figures weighed on some e-commerce stocks, including Etsy, suggesting investors may be cautious about the sector despite Etsy’s own improving results. Shopify plunges as GMV and subscription revenue miss estimates

Analyst Ratings Changes

ETSY has been the subject of several recent research reports. Oppenheimer upgraded Etsy from a “market perform” rating to an “outperform” rating and set a $90.00 price objective for the company in a report on Tuesday, September 15th. Wall Street Zen upgraded Etsy from a “hold” rating to a “buy” rating in a report on Saturday. Argus increased their target price on Etsy from $67.00 to $89.00 and gave the stock a “buy” rating in a report on Tuesday, September 8th. Sanford C. Bernstein raised shares of Etsy from a “hold” rating to a “strong-buy” rating in a research report on Friday, September 11th. Finally, Zacks Research lowered shares of Etsy from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 5th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, sixteen have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $94.07.

Etsy Company Profile

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.