Insider Selling: Etsy (NYSE:ETSY) Director Sells $1,664,400.00 in Stock

Etsy Inc (NYSE:ETSY) Director Frederick Wilson sold 20,000 shares of the company’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $83.22, for a total value of $1,664,400.00. Following the sale, the director owned 421,329 shares of the company’s stock, valued at approximately $35,062,999.38. This represents a 4.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Etsy Stock Down 4.2%

Etsy stock opened at $82.29 on Friday. The stock has a market cap of $7.81 billion, a PE ratio of 45.97, a P/E/G ratio of 3.36 and a beta of 1.84. Etsy Inc has a 12-month low of $44.00 and a 12-month high of $87.97. The business’s 50-day moving average price is $77.10 and its two-hundred day moving average price is $63.55.

Trending Headlines about Etsy

Here are the key news stories impacting Etsy this week:

• Positive Sentiment: Quarterly results exceeded expectations: Etsy reported second-quarter revenue of approximately $668.3 million, above the $646.1 million consensus estimate. Adjusted earnings were $1.34 per share, topping the $1.17 estimate, supported by gross merchandise sales (GMS), Etsy Ads growth and operating leverage. Etsy Q2 Earnings Beat on GMS and Ads Strength
• Positive Sentiment: Outlook and capital returns improved: Stronger margins led management to raise its 2026 outlook. The board also authorized an additional $2 billion in share repurchases, potentially supporting earnings per share and signaling confidence in Etsy’s cash-generation ability. Etsy to Cut 12% of Workforce as It Simplifies Operations
• Positive Sentiment: AI initiatives are gaining traction: Etsy is using artificial intelligence to personalize shopping, improve product discovery and develop conversational shopping tools, which could strengthen engagement and marketplace growth over time. Etsy’s Three-Way AI Bet Is Starting to Pay Off
• Neutral Sentiment: Management will discuss the business at the Canaccord Genuity Growth Conference on August 12, giving investors a near-term opportunity to hear more about the turnaround, AI strategy and updated outlook. Etsy to Participate in Upcoming Investor Conference
• Negative Sentiment: Workforce reduction raised execution concerns: Etsy plans to eliminate about 220 jobs, or 12% of its workforce, to simplify its organization and accelerate decision-making. Although management said the move is intended to position the company for growth rather than merely cut costs, investors may view it as evidence that the turnaround remains difficult. Etsy Lays Off 12% of Workforce
• Negative Sentiment: Valuation and insider sales are overhangs: With the stock near its yearly high and trading at a premium earnings multiple, analysts’ generally neutral ratings may limit upside. CEO Josh Silverman, CFO Charles Baker and director Frederick Wilson also sold shares under pre-arranged Rule 10b5-1 plans. These sales are not necessarily discretionary, but they can add short-term pressure. Etsy Insider Sale Filing

Wall Street Analyst Weigh In

Several brokerages recently commented on ETSY. Needham & Company LLC increased their price objective on shares of Etsy from $65.00 to $85.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Deutsche Bank Aktiengesellschaft upped their price objective on Etsy from $74.00 to $75.00 and gave the company a “hold” rating in a research note on Thursday, April 30th. Morgan Stanley set a $64.00 price target on shares of Etsy in a research report on Wednesday, April 29th. Jefferies Financial Group lifted their price target on shares of Etsy from $62.00 to $80.00 and gave the stock a “hold” rating in a report on Tuesday, July 14th. Finally, Truist Financial boosted their price objective on shares of Etsy from $85.00 to $90.00 and gave the stock a “buy” rating in a research note on Wednesday, July 22nd. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twenty have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Etsy has an average rating of “Hold” and a consensus price target of $76.28.

Hedge Funds Weigh In On Etsy

Hedge funds 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. Global Retirement Partners LLC bought a new stake in shares of Etsy in the 2nd quarter valued at $34,000. Blue Trust Inc. lifted its position in shares of 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 acquiring an additional 200 shares during the period. Danske Bank A S acquired a new position in shares of Etsy during the 3rd quarter valued at $66,000. Finally, Federation des caisses Desjardins du Quebec boosted its stake 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 acquiring an additional 225 shares in the last quarter. Institutional investors own 99.53% of the company’s stock.

About Etsy

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.