Etsy (NYSE:ETSY) Insider Josh Silverman Sells 36,443 Shares

Etsy Inc (NYSE:ETSY) insider Josh Silverman sold 36,443 shares of the business’s stock in a transaction on Wednesday, April 29th. The shares were sold at an average price of $69.00, for a total transaction of $2,514,567.00. Following the sale, the insider directly owned 130,694 shares in the company, valued at $9,017,886. This trade represents a 21.80% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Josh Silverman also recently made the following trade(s):

• On Tuesday, April 21st, Josh Silverman sold 70,000 shares of Etsy stock. The shares were sold at an average price of $65.00, for a total transaction of $4,550,000.00.
• On Monday, April 20th, Josh Silverman sold 30,369 shares of Etsy stock. The shares were sold at an average price of $64.00, for a total transaction of $1,943,616.00.
• On Thursday, April 16th, Josh Silverman sold 24,296 shares of Etsy stock. The shares were sold at an average price of $59.00, for a total transaction of $1,433,464.00.
• On Monday, April 6th, Josh Silverman sold 12,148 shares of Etsy stock. The shares were sold at an average price of $54.00, for a total transaction of $655,992.00.
• On Wednesday, April 1st, Josh Silverman sold 6,074 shares of Etsy stock. The shares were sold at an average price of $49.07, for a total transaction of $298,051.18.
• On Monday, February 2nd, Josh Silverman sold 21,666 shares of Etsy stock. The shares were sold at an average price of $53.26, for a total transaction of $1,153,931.16.

Etsy Stock Performance

NYSE:ETSY opened at $63.16 on Friday. Etsy Inc has a one year low of $42.97 and a one year high of $76.51. The stock has a market capitalization of $5.99 billion, a price-to-earnings ratio of 26.32, a price-to-earnings-growth ratio of 9.65 and a beta of 1.77. The firm has a fifty day simple moving average of $55.48.

Etsy (NYSE:ETSY) last posted its quarterly earnings results on Thursday, February 19th. The company reported $0.92 EPS for the quarter, beating the consensus estimate of $0.88 by $0.04. Etsy had a net margin of 9.94% and a negative return on equity of 28.60%. The company had revenue of $881.64 million for the quarter. On average, research analysts predict that Etsy Inc will post 3.16 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of ETSY. Integrated Wealth Concepts LLC raised its position in shares of Etsy by 19.1% during the 1st quarter. Integrated Wealth Concepts LLC now owns 5,986 shares of the company’s stock worth $282,000 after purchasing an additional 961 shares during the last quarter. Empowered Funds LLC raised its position in shares of Etsy by 55.5% during the 1st quarter. Empowered Funds LLC now owns 9,673 shares of the company’s stock worth $456,000 after purchasing an additional 3,451 shares during the last quarter. Woodline Partners LP acquired a new position in shares of Etsy during the 1st quarter worth about $2,181,000. Northwestern Mutual Wealth Management Co. raised its position in shares of Etsy by 33.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,594 shares of the company’s stock worth $180,000 after purchasing an additional 906 shares during the last quarter. Finally, M&T Bank Corp acquired a new position in shares of Etsy during the 2nd quarter worth about $232,000. Institutional investors and hedge funds own 99.53% of the company’s stock.

Etsy News Summary

Here are the key news stories impacting Etsy this week:

• Positive Sentiment: Q1 results beat estimates: revenue and EPS topped forecasts; Etsy reported mid-single-digit GMS growth and its first buyer growth in two years, signaling improving marketplace momentum. ETSY Q1 Earnings & Revenues Surpass Estimates
• Positive Sentiment: Gross merchandise sales (GMS) +5.5% in Q1 and improving revenue mix as advertising/services drive growth and margins — key fundamentals investors reward. Etsy marketplace GMS rises 5.5% in first quarter
• Positive Sentiment: Several brokers raised price targets and issued buy/overweight calls (Needham to $85 buy; Canaccord to $80 buy; Barclays to $82 overweight; Truist to $85 buy), providing bullish analyst support. Broker Price Target Actions
• Neutral Sentiment: Management commentary and coverage note a “cautious recovery” from the earnings call — positive operational signs but management is measured on cadence of improvement. Earnings Call Highlights
• Neutral Sentiment: Product/marketplace stories emphasize a platform rebuild and trend-tailwinds (nostalgia/bold design) that may support long-term engagement but are execution-dependent. Marketplace Rebuild Paying Off
• Neutral Sentiment: Press pieces highlight AI/SEO algorithm changes that create urgency for sellers — mixed near-term impact (implementation frictions vs. longer-term search improvements). AI SEO Urgency for Sellers
• Negative Sentiment: Insider sale: former CEO Josh Silverman sold ~36,443 shares under a 10b5‑1 plan, reducing his stake by ~21.8% — often interpreted by markets as a near-term negative signal despite pre-arrangement. SEC Form 4
• Negative Sentiment: B. Riley downgraded ETSY from buy to neutral (PT $75) and Wells Fargo remains underweight despite a raised target — mixed-to-cautious analyst views could cap upside in the near term. B. Riley Downgrade
• Negative Sentiment: Morgan Stanley flagged sustainability questions even as growth returns — ESG scrutiny can pressure multiples and investor sentiment. Sustainability Questions

Analyst Ratings Changes

Several equities research analysts have commented on ETSY shares. B. Riley Financial lowered shares of Etsy from a “buy” rating to a “neutral” rating and upped their price target for the company from $70.00 to $75.00 in a report on Thursday. JPMorgan Chase & Co. upped their price target on shares of Etsy from $58.00 to $75.00 and gave the company a “neutral” rating in a report on Thursday. Evercore set a $72.00 price target on shares of Etsy in a report on Wednesday. Deutsche Bank Aktiengesellschaft upped their price target on shares of Etsy from $74.00 to $75.00 and gave the company a “hold” rating in a report on Thursday. Finally, Sanford C. Bernstein upped their price target on shares of Etsy from $60.00 to $65.00 and gave the company a “market perform” rating in a report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, nineteen have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, Etsy currently has an average rating of “Hold” and an average target price of $70.09.

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.