Swiss National Bank Has $13.66 Million Position in Etsy Inc (NASDAQ:ETSY)

Share on StockTwits

Swiss National Bank lifted its position in shares of Etsy Inc (NASDAQ:ETSY) by 12.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 222,500 shares of the specialty retailer’s stock after buying an additional 24,900 shares during the period. Swiss National Bank owned about 0.19% of Etsy worth $13,655,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Cambridge Investment Research Advisors Inc. boosted its position in Etsy by 1.0% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 15,462 shares of the specialty retailer’s stock valued at $1,039,000 after purchasing an additional 147 shares during the last quarter. Aperio Group LLC boosted its position in Etsy by 0.4% during the second quarter. Aperio Group LLC now owns 41,990 shares of the specialty retailer’s stock valued at $2,577,000 after purchasing an additional 175 shares during the last quarter. Freestone Capital Holdings LLC acquired a new position in Etsy during the first quarter valued at approximately $13,445,000. Keybank National Association OH boosted its position in Etsy by 2.1% during the second quarter. Keybank National Association OH now owns 11,069 shares of the specialty retailer’s stock valued at $679,000 after purchasing an additional 232 shares during the last quarter. Finally, We Are One Seven LLC boosted its position in Etsy by 1.7% during the second quarter. We Are One Seven LLC now owns 13,652 shares of the specialty retailer’s stock valued at $837,000 after purchasing an additional 234 shares during the last quarter. 92.92% of the stock is owned by institutional investors.

Several brokerages recently commented on ETSY. Roth Capital increased their price target on Etsy from $72.00 to $76.00 and gave the company a “buy” rating in a research report on Wednesday, May 1st. Zacks Investment Research cut Etsy from a “buy” rating to a “hold” rating in a research report on Monday, July 29th. BidaskClub cut Etsy from a “hold” rating to a “sell” rating in a research report on Thursday, August 15th. Morgan Stanley set a $65.00 price target on Etsy and gave the company a “hold” rating in a research report on Friday, August 2nd. Finally, DA Davidson reissued a “buy” rating on shares of Etsy in a research report on Monday, August 5th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and eleven have issued a buy rating to the company. Etsy currently has an average rating of “Buy” and a consensus target price of $73.13.

NASDAQ:ETSY opened at $54.09 on Friday. The company has a quick ratio of 4.47, a current ratio of 4.47 and a debt-to-equity ratio of 0.77. The stock’s 50 day moving average price is $61.50 and its two-hundred day moving average price is $63.69. The firm has a market capitalization of $6.53 billion, a price-to-earnings ratio of 88.67, a P/E/G ratio of 3.32 and a beta of 0.92. Etsy Inc has a 12-month low of $38.02 and a 12-month high of $73.35.

Etsy (NASDAQ:ETSY) last announced its earnings results on Thursday, August 1st. The specialty retailer reported $0.14 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.14. The company had revenue of $181.10 million for the quarter, compared to analyst estimates of $183.28 million. Etsy had a return on equity of 26.77% and a net margin of 15.83%. The firm’s quarterly revenue was up 36.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.07 earnings per share. Equities research analysts expect that Etsy Inc will post 0.8 EPS for the current year.

In other news, CTO Michael T. Fisher sold 13,442 shares of the stock in a transaction that occurred on Tuesday, July 2nd. The stock was sold at an average price of $61.82, for a total transaction of $830,984.44. Following the transaction, the chief technology officer now owns 34,258 shares in the company, valued at $2,117,829.56. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Michael T. Fisher sold 5,208 shares of the stock in a transaction that occurred on Tuesday, August 6th. The stock was sold at an average price of $55.30, for a total value of $288,002.40. Following the transaction, the insider now owns 22,580 shares in the company, valued at approximately $1,248,674. The disclosure for this sale can be found here. In the last quarter, insiders have sold 33,572 shares of company stock worth $2,046,791. 3.00% of the stock is owned by corporate insiders.

About Etsy

Etsy, Inc operates Etsy.com, a commerce platform to make, sell, and buy goods online and offline primarily in the United States, United Kingdom, Canada, Australia, France, and Germany. It provides various seller services and tools that are designed to help entrepreneurs for starting, managing, and scaling their businesses.

Featured Story: How to Use the New Google Finance Tool

Want to see what other hedge funds are holding ETSY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Etsy Inc (NASDAQ:ETSY).

Institutional Ownership by Quarter for Etsy (NASDAQ:ETSY)

Receive News & Ratings for Etsy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Etsy and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

CSat Investment Advisory L.P. Increases Stake in Humana Inc
CSat Investment Advisory L.P. Increases Stake in Humana Inc
CSat Investment Advisory L.P. Boosts Stake in PepsiCo, Inc.
CSat Investment Advisory L.P. Boosts Stake in PepsiCo, Inc.
CSat Investment Advisory L.P. Boosts Stake in Alibaba Group Holding Ltd
CSat Investment Advisory L.P. Boosts Stake in Alibaba Group Holding Ltd
CSat Investment Advisory L.P. Cuts Position in Nasdaq Inc
CSat Investment Advisory L.P. Cuts Position in Nasdaq Inc
CSat Investment Advisory L.P. Sells 621 Shares of General Mills, Inc.
CSat Investment Advisory L.P. Sells 621 Shares of General Mills, Inc.
Line Corp  Shares Sold by CSat Investment Advisory L.P.
Line Corp Shares Sold by CSat Investment Advisory L.P.


© 2006-2019 Ticker Report