Insider Selling: Etsy (NYSE:ETSY) Insider Sells $1,943,616.00 in Stock

Etsy Inc (NYSE:ETSY) insider Josh Silverman sold 30,369 shares of the firm’s stock in a transaction that occurred on Monday, April 20th. The shares were sold at an average price of $64.00, for a total value of $1,943,616.00. Following the completion of the sale, the insider directly owned 130,694 shares in the company, valued at approximately $8,364,416. The trade was a 18.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available 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 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 value 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 value 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 value 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 value of $1,153,931.16.

Etsy Stock Performance

Shares of ETSY opened at $66.04 on Thursday. Etsy Inc has a 12 month low of $41.51 and a 12 month high of $76.51. The firm has a 50 day simple moving average of $53.21. The firm has a market capitalization of $6.27 billion, a price-to-earnings ratio of 50.41, a P/E/G ratio of 4.95 and a beta of 1.77.

Etsy (NYSE:ETSY) last released its earnings results on Thursday, February 19th. The company reported $0.92 earnings per share for the quarter, beating the consensus estimate of $0.88 by $0.04. The business had revenue of $881.64 million for the quarter. Etsy had a negative return on equity of 24.94% and a net margin of 5.65%. On average, analysts anticipate that Etsy Inc will post 3.12 earnings per share for the current fiscal year.

Etsy News Summary

Here are the key news stories impacting Etsy this week:

• Positive Sentiment: Management said consolidated GMS was $2.9B and marketplace GMS declined only ~3.2% year?over?year (a 210bp improvement from Q1) while Etsy’s marketplace held a record ~92M active buyers — signaling demand resilience and sequential recovery that supports the stock. Etsy (ETSY) Q2 2024 Earnings Call Transcript
• Neutral Sentiment: Cantor Fitzgerald raised its price target from $51 to $59 but kept a “neutral” rating — that uptick in valuation helps sentiment but the rating implies limited conviction. Cantor Fitzgerald raises PT to $59
• Neutral Sentiment: New transcripts of recent earnings calls are available (Q2 2025/Q2 2024), which provide color on trends but contain no fresh surprise data; they help investors dig into driver-level commentary ahead of the next report. Etsy (ETSY) Q2 2025 Earnings Call Transcript
• Negative Sentiment: Zacks downgraded Etsy from “strong?buy” to “hold” and published a preview saying Etsy lacks the right mix for an earnings beat next week — analyst skepticism ahead of results can pressure the stock. Etsy (ETSY) Reports Next Week: Wall Street Expects Earnings Growth
• Negative Sentiment: CEO Josh Silverman executed multiple, material insider sales (several transactions in April under a 10b5?1 plan) totaling tens of thousands of shares — while pre?arranged plans reduce governance concerns, such concentrated insider selling can weigh on investor sentiment. Insider Selling: Etsy Insider Sells Shares

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. Wall Street Zen upgraded Etsy from a “hold” rating to a “buy” rating in a research report on Saturday, April 11th. Needham & Company LLC decreased their target price on Etsy from $76.00 to $65.00 and set a “buy” rating on the stock in a research report on Friday, February 20th. Canaccord Genuity Group decreased their target price on Etsy from $80.00 to $72.00 and set a “buy” rating on the stock in a research report on Friday, February 20th. Wells Fargo & Company decreased their target price on Etsy from $52.00 to $47.00 and set an “underweight” rating on the stock in a research report on Friday, February 20th. Finally, Truist Financial raised their target price on Etsy from $80.00 to $83.00 and gave the company a “buy” rating in a research report on Friday, February 20th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, eighteen have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $62.00.

Hedge Funds Weigh In On Etsy

Large investors have recently modified their holdings of the business. Public Sector Pension Investment Board lifted its stake in shares of Etsy by 21.2% in the 3rd quarter. Public Sector Pension Investment Board now owns 430,824 shares of the company’s stock valued at $28,602,000 after purchasing an additional 75,295 shares during the last quarter. Allianz Asset Management GmbH raised its holdings in shares of Etsy by 1,648.1% in the 3rd quarter. Allianz Asset Management GmbH now owns 706,679 shares of the company’s stock valued at $46,916,000 after buying an additional 666,253 shares during the period. Massachusetts Financial Services Co. MA raised its holdings in shares of Etsy by 33.7% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 187,028 shares of the company’s stock valued at $10,369,000 after buying an additional 47,105 shares during the period. Lone Pine Capital LLC purchased a new stake in shares of Etsy in the 3rd quarter valued at $257,614,000. Finally, Great Lakes Advisors LLC purchased a new stake in shares of Etsy in the 3rd quarter valued at $1,889,000. Institutional investors and hedge funds 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.