Josh Silverman Sells 41,108 Shares of Etsy (NYSE:ETSY) Stock

Etsy Inc (NYSE:ETSY) insider Josh Silverman sold 41,108 shares of the company’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $83.11, for a total value of $3,416,485.88. Following the completion of the sale, the insider directly owned 171,932 shares of the company’s stock, valued at approximately $14,289,268.52. This trade represents a 19.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, 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 Friday, July 10th, Josh Silverman sold 39,161 shares of Etsy stock. The stock was 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 shares were sold at an average price of $74.93, for a total transaction of $6,923,831.72.
• On Wednesday, June 24th, Josh Silverman sold 97,389 shares of Etsy stock. The shares were sold at an average price of $79.00, for a total transaction of $7,693,731.00.
• On Monday, June 15th, Josh Silverman sold 50,000 shares of Etsy stock. The stock was sold at an average price of $72.50, for a total transaction of $3,625,000.00.
• On Tuesday, June 16th, Josh Silverman sold 52,479 shares of Etsy stock. The stock was sold at an average price of $74.00, for a total transaction 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 transaction of $9,281,549.70.

Etsy Stock Down 1.0%

Shares of ETSY stock opened at $85.58 on Thursday. Etsy Inc has a 12-month low of $44.00 and a 12-month high of $87.97. The firm has a fifty day moving average of $76.79 and a 200-day moving average of $63.40. The firm has a market capitalization of $8.12 billion, a price-to-earnings ratio of 35.66, a price-to-earnings-growth ratio of 3.39 and a beta of 1.84.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on ETSY shares. Wedbush began coverage on Etsy in a report on Thursday, July 16th. They issued a “neutral” rating and a $80.00 price target for the company. President Capital upgraded Etsy from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $57.00 to $91.00 in a report on Thursday, June 25th. Canaccord Genuity Group boosted their price objective on Etsy from $72.00 to $80.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Susquehanna cut Etsy to a “neutral” rating in a research note on Thursday, May 21st. Finally, Wall Street Zen downgraded shares of Etsy from a “buy” rating to a “hold” rating in a report on Sunday, May 31st. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twenty have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Etsy has an average rating of “Hold” and a consensus price target of $75.36.

Institutional Investors Weigh In On Etsy

Hedge funds and other institutional investors have recently bought and sold shares of the company. EFG International AG bought a new position in shares of Etsy during the 4th quarter worth approximately $33,000. Blue Trust Inc. lifted its position in shares of Etsy by 19.3% in the first quarter. Blue Trust Inc. now owns 1,238 shares of the company’s stock worth $62,000 after purchasing an additional 200 shares in the last quarter. Danske Bank A S acquired a new position in Etsy during the third quarter worth $66,000. Federation des caisses Desjardins du Quebec boosted its holdings in Etsy by 22.8% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 1,210 shares of the company’s stock worth $67,000 after purchasing an additional 225 shares during the last quarter. Finally, Eurizon Capital SGR S.p.A. acquired a new position in Etsy during the fourth quarter worth $79,000. Institutional investors and hedge funds own 99.53% of the company’s stock.

Key Stories Impacting Etsy

Here are the key news stories impacting Etsy this week:

• Positive Sentiment: Q2 earnings and revenue exceeded estimates. Etsy reported second-quarter revenue of $668.3 million, ahead of the $646.1 million consensus estimate, while adjusted earnings were $1.34 per share versus expectations of $1.17. Profit also improved substantially from the year-ago period. Etsy Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: New $2 billion share-repurchase authorization may support the stock. The buyback has no expiration date and could enhance per-share results over time, depending on execution and valuation. Etsy to Cut 12% of Workforce as It Simplifies Operations
• Neutral Sentiment: Management says the restructuring is intended to simplify operations, not primarily cut costs. Etsy will eliminate about 220 positions, mostly in product and engineering, with the plan expected to be completed by the end of the third quarter. The company says the changes should improve coordination and speed decision-making while positioning the business for growth. Etsy lays off 12% of worker as part of restructuring plan
• Negative Sentiment: Revenue was essentially flat year over year. Sales of $668.3 million declined roughly 0.7% from the prior-year quarter, raising concerns about marketplace demand and the company’s ability to generate durable top-line growth despite the earnings beat. Etsy Reports Strong Q2 CY2026
• Negative Sentiment: Investors may view the layoffs as a sign of organizational or growth challenges. A 12% workforce reduction announced alongside earnings can weigh on sentiment, particularly when management emphasizes restructuring rather than immediate cost savings.
• Negative Sentiment: Recent insider selling adds a modest headwind. Director Frederick Wilson and former CEO Josh Silverman sold shares under pre-arranged Rule 10b5-1 plans. Such transactions are not necessarily discretionary signals, but they can reinforce cautious sentiment at elevated valuation levels. Frederick Wilson Sells Etsy Shares

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.