Insider Selling: Etsy (NYSE:ETSY) Insider Sells 6,294 Shares of Stock

Etsy Inc (NYSE:ETSY) insider Josh Silverman sold 6,294 shares of the business’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $84.00, for a total transaction of $528,696.00. Following the sale, the insider owned 249,559 shares in the company, valued at $20,962,956. This trade represents a 2.46% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through 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 Monday, August 3rd, Josh Silverman sold 41,108 shares of Etsy stock. The shares were sold at an average price of $83.11, for a total transaction of $3,416,485.88.
• On Friday, July 10th, Josh Silverman sold 39,161 shares of Etsy stock. The shares were sold at an average price of $79.00, for a total transaction of $3,093,719.00.
• On Wednesday, July 1st, Josh Silverman sold 92,404 shares of Etsy stock. The stock was sold at an average price of $74.93, for a total value of $6,923,831.72.
• On Wednesday, June 24th, Josh Silverman sold 97,389 shares of Etsy stock. The stock was sold at an average price of $79.00, for a total value of $7,693,731.00.
• On Monday, June 15th, Josh Silverman sold 50,000 shares of Etsy stock. The shares were sold at an average price of $72.50, for a total value of $3,625,000.00.
• On Tuesday, June 16th, Josh Silverman sold 52,479 shares of Etsy stock. The shares were sold at an average price of $74.00, for a total value of $3,883,446.00.
• On Monday, June 1st, Josh Silverman sold 134,730 shares of Etsy stock. The stock was sold at an average price of $68.89, for a total value of $9,281,549.70.

Etsy Price Performance

Shares of Etsy stock traded down $3.57 during trading on Thursday, hitting $82.29. The stock had a trading volume of 7,000,711 shares, compared to its average volume of 3,264,664. The business has a fifty day moving average of $76.79 and a two-hundred day moving average of $63.40. Etsy Inc has a fifty-two week low of $44.00 and a fifty-two week high of $87.97. The firm has a market cap of $7.81 billion, a P/E ratio of 34.29, a PEG ratio of 3.39 and a beta of 1.84.

Wall Street Analyst Weigh In

ETSY has been the topic of several recent research reports. The Goldman Sachs Group raised shares of Etsy from a “sell” rating to a “neutral” rating in a research note on Thursday, May 21st. Arete Research set a $76.00 target price on shares of Etsy and gave the stock a “buy” rating in a report on Wednesday, May 20th. Evercore set a $83.00 price target on shares of Etsy in a research report on Thursday. Raymond James Financial upped their price target on Etsy from $75.00 to $92.00 and gave the company an “outperform” rating in a report on Tuesday, July 21st. Finally, Sanford C. Bernstein increased their price objective on Etsy from $60.00 to $65.00 and gave the company a “market perform” rating in a research report on Thursday, April 30th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, twenty have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $76.28.

Key Stories Impacting Etsy

Here are the key news stories impacting Etsy this week:

• Positive Sentiment: Q2 earnings beat estimates and the outlook was raised. Etsy reported adjusted earnings of $1.34 per share, above the $1.17 consensus, while revenue of approximately $668 million also exceeded expectations. Gross merchandise sales, Etsy Ads and operating leverage supported results, and stronger margins helped management raise its 2026 outlook. ETSY Q2 Earnings Beat on GMS and Ads Strength, Revenues Rise Y/Y
• Positive Sentiment: A new $2 billion share-repurchase authorization could support per-share results. The buyback gives Etsy significant flexibility to return capital and may signal management’s confidence that the shares are attractive over the long term. Etsy to Cut 12% of Workforce as It Simplifies Operations
• Positive Sentiment: Etsy’s artificial-intelligence initiatives are beginning to contribute to the turnaround narrative. Management is using AI to personalize shopping, improve product discovery and develop conversational commerce tools, potentially increasing engagement and marketplace conversion. Etsy’s Three-Way AI Bet Is Starting to Pay Off
• Neutral Sentiment: Etsy will present at the Canaccord Genuity Growth Conference on August 12. The webcast could provide additional detail on marketplace trends, restructuring and the company’s AI strategy, but it does not immediately change the financial outlook. Etsy to Participate in Upcoming Investor Conference
• Negative Sentiment: Etsy is eliminating about 220 jobs, or 12% of its workforce. Management says the restructuring will simplify the organization and speed decision-making, but the scale of the cuts highlights execution concerns and may unsettle investors even after the earnings beat. Etsy lays off 12% of worker as part of restructuring plan
• Negative Sentiment: Revenue was essentially flat year over year. The earnings improvement was driven more by advertising, cost discipline and operating leverage than by robust marketplace sales growth, raising questions about the durability of the recovery.
• Negative Sentiment: Valuation and insider selling add pressure. Analysts generally rate Etsy Hold, with the average price target below the current trading range; separate director and executive sales were conducted under pre-arranged trading plans but may nevertheless weigh on sentiment.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. EFG International AG acquired a new position in Etsy in the 4th quarter worth approximately $33,000. Global Retirement Partners LLC acquired a new stake in Etsy during the 2nd quarter valued at $34,000. Blue Trust Inc. raised its stake in Etsy by 19.3% during the 1st quarter. Blue Trust Inc. now owns 1,238 shares of the company’s stock valued at $62,000 after purchasing an additional 200 shares during the period. Danske Bank A S purchased a new stake in shares of Etsy in the third quarter valued at $66,000. Finally, Federation des caisses Desjardins du Quebec boosted its position in shares of Etsy by 22.8% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 1,210 shares of the company’s stock worth $67,000 after buying an additional 225 shares during the period. 99.53% of the stock is owned by hedge funds and other institutional investors.

Etsy Company Profile

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.