Insider Selling: Etsy (NYSE:ETSY) CFO Sells $134,316.32 in Stock

Etsy Inc (NYSE:ETSY) CFO Charles Baker sold 1,564 shares of the company’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $85.88, for a total transaction of $134,316.32. Following the transaction, the chief financial officer owned 11,357 shares in the company, valued at $975,339.16. The trade was a 12.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Etsy Stock Performance

NYSE ETSY traded down $3.57 during trading on Thursday, hitting $82.29. The stock had a trading volume of 7,000,711 shares, compared to its average volume of 3,264,664. The stock has a market capitalization of $7.81 billion, a price-to-earnings ratio of 34.29, a P/E/G ratio of 3.39 and a beta of 1.84. Etsy Inc has a one year low of $44.00 and a one year high of $87.97. The stock has a 50 day simple moving average of $77.10 and a 200 day simple moving average of $63.55.

Institutional Investors Weigh In On Etsy

Institutional investors and hedge funds have recently bought and sold shares of the company. EFG International AG purchased a new stake in shares of Etsy in the 4th quarter worth $33,000. Global Retirement Partners LLC purchased a new position in shares of Etsy during the second quarter valued at $34,000. Blue Trust Inc. increased its stake in shares of Etsy by 19.3% during the first quarter. Blue Trust Inc. now owns 1,238 shares of the company’s stock valued at $62,000 after buying an additional 200 shares during the period. Danske Bank A S bought a new stake in shares of Etsy in the third quarter valued at about $66,000. Finally, Federation des caisses Desjardins du Quebec lifted its stake in Etsy by 22.8% in 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 during the period. 99.53% of the stock is owned by institutional investors.

Analyst Ratings Changes

ETSY has been the topic of several research analyst reports. Canaccord Genuity Group set a $92.00 price objective on Etsy in a research report on Thursday. Bank of America lifted their target price on Etsy from $72.00 to $75.00 and gave the stock a “neutral” rating in a research report on Thursday, May 28th. Zacks Research lowered shares of Etsy from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 14th. Citigroup initiated coverage on shares of Etsy in a research note on Thursday, May 21st. They issued an “outperform” rating on the stock. Finally, B. Riley Financial lowered shares of Etsy from a “buy” rating to a “neutral” rating and lifted their price objective for the company from $70.00 to $75.00 in a report on Thursday, April 30th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, twenty have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Etsy currently has an average rating of “Hold” and an average price target of $76.28.

Key Headlines Impacting Etsy

Here are the key news stories impacting Etsy this week:

• Positive Sentiment: Q2 earnings beat estimates and the outlook was raised. Etsy reported adjusted earnings of $1.34 per share, above the $1.17 consensus, while revenue of approximately $668 million also exceeded expectations. Gross merchandise sales, Etsy Ads and operating leverage supported results, and stronger margins helped management raise its 2026 outlook. ETSY Q2 Earnings Beat on GMS and Ads Strength, Revenues Rise Y/Y
• Positive Sentiment: A new $2 billion share-repurchase authorization could support per-share results. The buyback gives Etsy significant flexibility to return capital and may signal management’s confidence that the shares are attractive over the long term. Etsy to Cut 12% of Workforce as It Simplifies Operations
• Positive Sentiment: Etsy’s artificial-intelligence initiatives are beginning to contribute to the turnaround narrative. Management is using AI to personalize shopping, improve product discovery and develop conversational commerce tools, potentially increasing engagement and marketplace conversion. Etsy’s Three-Way AI Bet Is Starting to Pay Off
• Neutral Sentiment: Etsy will present at the Canaccord Genuity Growth Conference on August 12. The webcast could provide additional detail on marketplace trends, restructuring and the company’s AI strategy, but it does not immediately change the financial outlook. Etsy to Participate in Upcoming Investor Conference
• Negative Sentiment: Etsy is eliminating about 220 jobs, or 12% of its workforce. Management says the restructuring will simplify the organization and speed decision-making, but the scale of the cuts highlights execution concerns and may unsettle investors even after the earnings beat. Etsy lays off 12% of worker as part of restructuring plan
• Negative Sentiment: Revenue was essentially flat year over year. The earnings improvement was driven more by advertising, cost discipline and operating leverage than by robust marketplace sales growth, raising questions about the durability of the recovery.
• Negative Sentiment: Valuation and insider selling add pressure. Analysts generally rate Etsy Hold, with the average price target below the current trading range; separate director and executive sales were conducted under pre-arranged trading plans but may nevertheless weigh on sentiment.

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.