Etsy (NYSE:ETSY) Stock: Insider Frederick Wilson Sells 28,527 Shares

Etsy Inc (NYSE:ETSY) Director Frederick Wilson sold 28,527 shares of the firm’s stock in a transaction dated Thursday, October 29th. The shares were sold at an average price of $91.39, for a total value of $2,607,082.53. Following the transaction, the director owned 400,000 shares in the company, valued at approximately $36,556,000. This trade represents a 6.66% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Etsy Price Performance

Shares of NYSE:ETSY opened at $90.18 on Wednesday. Etsy Inc has a fifty-two week low of $44.00 and a fifty-two week high of $95.49. The business has a 50-day moving average of $79.04 and a two-hundred day moving average of $68.51. The stock has a market capitalization of $7.77 billion, a P/E ratio of 10.65, a P/E/G ratio of 1.96 and a beta of 1.76.

Etsy (NYSE:ETSY) last issued its quarterly earnings data on Wednesday, October 28th. The company reported $7.31 EPS for the quarter, beating analysts’ consensus estimates of $0.76 by $6.55. The business had revenue of $692.47 million for the quarter, compared to analyst estimates of $669.04 million. Etsy had a negative return on equity of 43.65% and a net margin of 34.36%. The firm’s revenue for the quarter was up 10.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.63 EPS. As a group, research analysts expect that Etsy Inc will post 4.31 EPS for the current fiscal year.

Key Stories Impacting Etsy

Here are the key news stories impacting Etsy this week:

• Positive Sentiment: Third-quarter results beat expectations: revenue rose 10.9% year over year to $692.5 million, and non-GAAP EPS of $1.56 exceeded analyst estimates. On the earnings call, management also highlighted 8.8% gross merchandise sales growth, improving buyer trends, and plans to use AI-powered personalization to support stronger holiday-quarter sales. Etsy Q3 Earnings Call Highlights Growth and AI Priorities
• Neutral Sentiment: Etsy is tightening its rules for AI-generated listings as sellers seek better protections for original creative work. Clearer policies could reinforce the marketplace’s distinctiveness, but implementation may bring seller friction. Etsy tightens AI rules
• Negative Sentiment: Several insiders disclosed share sales, including CEO Josh Silverman’s sale of 41,500 shares and director sales by Marla Blow and Frederick Wilson. Such sales can weigh on sentiment, though they do not by themselves establish a negative view of the business. Etsy insider trades
• Negative Sentiment: Commentary warns that AI-generated products could erode Etsy’s handmade-goods identity and seller trust if they dilute product quality or differentiation. AI is just the newest threat to Etsy’s handmade promise
• Negative Sentiment: A sharp selloff in Shopify following disappointing GMV and subscription-revenue figures weighed on some e-commerce stocks, including Etsy, suggesting investors may be cautious about the sector despite Etsy’s own improving results. Shopify plunges as GMV and subscription revenue miss estimates

Analyst Ratings Changes

ETSY has been the subject of a number of recent analyst reports. Jefferies Financial Group upped their target price on Etsy from $90.00 to $100.00 and gave the stock a “hold” rating in a research report on Wednesday, October 28th. Evercore set a $83.00 price target on shares of Etsy in a research report on Thursday, August 6th. Wells Fargo & Company boosted their price objective on shares of Etsy from $59.00 to $80.00 and gave the stock an “underweight” rating in a research note on Thursday, October 29th. Needham & Company LLC upped their price objective on shares of Etsy from $100.00 to $110.00 and gave the stock a “buy” rating in a report on Thursday, October 29th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $100.00 target price on shares of Etsy in a research note on Wednesday, October 28th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, sixteen have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $94.07.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Renaissance Technologies LLC grew its position in Etsy by 11.1% during the first quarter. Renaissance Technologies LLC now owns 5,962,210 shares of the company’s stock worth $297,991,000 after buying an additional 594,768 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its stake in Etsy by 51.4% during the first quarter. Arrowstreet Capital Limited Partnership now owns 3,278,123 shares of the company’s stock valued at $163,841,000 after acquiring an additional 1,112,520 shares during the period. Assenagon Asset Management S.A. increased its stake in Etsy by 48.0% during the second quarter. Assenagon Asset Management S.A. now owns 1,613,333 shares of the company’s stock valued at $121,532,000 after acquiring an additional 523,092 shares during the period. William Blair Investment Management LLC bought a new position in Etsy during the second quarter valued at about $120,417,000. Finally, Dimensional Fund Advisors LP raised its holdings in Etsy by 6.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,573,696 shares of the company’s stock valued at $78,642,000 after acquiring an additional 100,542 shares in the last quarter. Institutional investors and hedge funds own 99.53% of the company’s stock.

Etsy Company Profile

Etsy, Inc operates an online marketplace that connects independent sellers with consumers seeking unique and creative goods. Its marketplace features products such as handmade items, personalized gifts, vintage merchandise, home décor, jewelry, clothing, craft supplies and other goods made, designed, selected or sourced by individual sellers and small businesses.

The company provides tools and services that support marketplace activity, including seller storefronts, search and discovery features, payment processing, advertising, shipping assistance and customer support.