Etsy (NYSE:ETSY) CFO Charles Baker Sells 2,030 Shares

Key Points

• CFO Charles Baker sold 2,030 shares on May 5 at an average price of $63.50 for $128,905 to cover tax withholding from vested equity, cutting his stake by 22.7% to 6,913 shares valued at about $438,976.
• Etsy shares traded down 1.7% to $62.92 (market cap ~$5.97B; 52‑week range $44.00–$76.51), and the company beat Q1 EPS estimates ($0.92 vs. $0.88) on $881.6M revenue while returning to net income.
• Analyst sentiment is mixed—the consensus rating is "Hold" with a $70.09 price target, though several firms have raised targets and ratings; management buybacks, the planned Depop sale, and a new native Etsy app inside ChatGPT are cited as potential catalysts.

Etsy Inc (NYSE:ETSY - Get Free Report) CFO Charles Baker sold 2,030 shares of the business's stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $63.50, for a total transaction of $128,905.00. Following the completion of the transaction, the chief financial officer directly owned 6,913 shares of the company's stock, valued at $438,975.50. This trade represents a 22.70% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Etsy Stock Down 1.7%

NYSE:ETSY traded down $1.12 during trading hours on Tuesday, reaching $62.92. The company's stock had a trading volume of 2,780,985 shares, compared to its average volume of 3,530,568. The stock has a market cap of $5.97 billion, a P/E ratio of 26.22, a P/E/G ratio of 2.59 and a beta of 1.90. Etsy Inc has a 12 month low of $44.00 and a 12 month high of $76.51. The firm has a 50 day simple moving average of $55.48.

Etsy (NYSE:ETSY - Get Free Report) last issued its quarterly earnings data on Thursday, February 19th. The company reported $0.92 EPS for the quarter, topping analysts' consensus estimates of $0.88 by $0.04. The company had revenue of $881.64 million during the quarter. Etsy had a net margin of 9.94% and a negative return on equity of 28.60%. On average, analysts expect that Etsy Inc will post 3.71 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts recently commented on the stock. Weiss Ratings reissued a "hold (c-)" rating on shares of Etsy in a research note on Monday, April 20th. Needham & Company LLC boosted their price objective on shares of Etsy from $65.00 to $85.00 and gave the stock a "buy" rating in a research note on Thursday, April 30th. Morgan Stanley set a $64.00 price objective on shares of Etsy in a research note on Wednesday, April 29th. JPMorgan Chase & Co. boosted their price objective on shares of Etsy from $58.00 to $75.00 and gave the stock a "neutral" rating in a research note on Thursday, April 30th. Finally, BTIG Research boosted their price objective on shares of Etsy from $65.00 to $78.00 and gave the stock a "buy" rating in a research note on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, nineteen have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $70.09.

More Etsy News

Here are the key news stories impacting Etsy this week:

• Positive Sentiment: Launched a native Etsy app inside ChatGPT, opening a new discovery channel for Etsy’s >100M listings — a distribution/traffic catalyst if adoption scales. Etsy launches its app within ChatGPT as it continues its AI push
• Positive Sentiment: Reported Q1 results that beat revenue expectations and showed a swing to net income, with active buyers growing — supports the argument that core marketplace metrics are recovering. Etsy posts Q1 revenue beat as active buyers grow again
• Positive Sentiment: Coverage highlights a turnaround: profitability, ongoing buybacks, and the planned Depop sale have lifted investor confidence and contributed to recent multiple expansion. Etsy (ETSY) Valuation Check As Q1 Turnaround And Depop Sale Plan Lift Investor Confidence
• Positive Sentiment: Analyst/upgrades commentary (e.g., Seeking Alpha) upgraded Etsy to Buy, citing accelerating marketplace sales, margin improvement, and focus after divestitures — may support further analyst revisions. Etsy Marketplace Is Showing Signs Of Life (Upgrade)
• Neutral Sentiment: Analyses and value/price-target updates (some lifting fair value estimates) show mixed analyst views — helpful for sentiment but not a guaranteed catalyst. How The Investment Story Around Etsy (ETSY) Is Shifting After The Depop Sale
• Neutral Sentiment: Multiple consumer/SEO how-to pieces and momentum profiles highlight renewed retail interest and grassroots seller adoption — informative for long-term merchant health but indirect for near-term price moves. Master Etsy SEO with AI tools for 2026 success
• Negative Sentiment: Alaska Native artists allege Etsy’s new fur ban discriminates against Indigenous sellers — a reputational and policy risk that could draw regulatory scrutiny or seller backlash. Alaska Native artists say Etsy’s new fur ban discriminates against Indigenous sellers

Hedge Funds Weigh In On Etsy

Several institutional investors and hedge funds have recently bought and sold shares of ETSY. EFG International AG purchased a new position in Etsy in the fourth quarter worth $33,000. Abich Financial Wealth Management LLC purchased a new stake in shares of Etsy during the third quarter valued at $51,000. Blue Trust Inc. grew its holdings 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 last quarter. Danske Bank A S purchased a new stake in shares of Etsy during the third quarter valued at $66,000. Finally, Federation des caisses Desjardins du Quebec grew its holdings in shares of Etsy by 22.8% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 1,210 shares of the company's stock valued at $67,000 after buying an additional 225 shares during the last quarter. 99.53% of the stock is owned by hedge funds and other institutional investors.

Etsy Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.