Etsy (NYSE:ETSY) Insider Josh Silverman Sells 714 Shares of Company Stock

Key Points

• Insider sale: Etsy CEO Josh Silverman sold 714 shares at an average price of $79, generating $56,406. The transaction was made under a pre-arranged Rule 10b5-1 plan and reduced his holdings by just 0.27%.
• Shares rallied: Etsy stock rose 7.6% to $89.20, approaching its 52-week high of $90.13. The advance was fueled partly by unconfirmed takeover speculation and strong recent investor demand.
• Mixed outlook: Etsy’s latest quarterly revenue exceeded expectations, but earnings missed estimates and declined year over year. Analysts maintain a consensus “Hold” rating with an average price target of $86.21.

Etsy Inc (NYSE:ETSY - Get Free Report) insider Josh Silverman sold 714 shares of Etsy stock in a transaction that occurred on Tuesday, October 13th. The stock was sold at an average price of $79.00, for a total value of $56,406.00. Following the transaction, the insider owned 262,617 shares in the company, valued at approximately $20,746,743. The trade was a 0.27% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Josh Silverman also recently made the following trade(s):

• On Thursday, October 15th, Josh Silverman sold 417 shares of Etsy stock. The shares were sold at an average price of $84.47, for a total value of $35,223.99.
• On Thursday, October 8th, Josh Silverman sold 383 shares of Etsy stock. The stock was sold at an average price of $74.00, for a total value of $28,342.00.
• On Thursday, October 1st, Josh Silverman sold 2,090 shares of Etsy stock. The stock was sold at an average price of $72.45, for a total value of $151,420.50.
• On Tuesday, September 1st, Josh Silverman sold 11,696 shares of Etsy stock. The stock was sold at an average price of $81.85, for a total value of $957,317.60.
• On Thursday, September 3rd, Josh Silverman sold 1,671 shares of Etsy stock. The stock was sold at an average price of $84.00, for a total value of $140,364.00.
• On Tuesday, August 4th, Josh Silverman sold 6,294 shares of Etsy stock. The stock was sold at an average price of $84.00, for a total transaction of $528,696.00.
• On Monday, August 3rd, Josh Silverman sold 41,108 shares of Etsy stock. The stock was sold at an average price of $83.11, for a total transaction of $3,416,485.88.

Etsy Stock Up 7.6%

NYSE:ETSY traded up $6.27 on Thursday, hitting $89.20. The stock had a trading volume of 6,121,297 shares, compared to its average volume of 3,248,038. The stock has a market cap of $8.46 billion, a price-to-earnings ratio of 49.83, a PEG ratio of 1.98 and a beta of 1.86. The company has a fifty day moving average price of $76.88 and a two-hundred day moving average price of $71.56. Etsy Inc has a 1-year low of $44.00 and a 1-year high of $90.13.

Etsy (NYSE:ETSY - Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The company reported ($0.49) EPS for the quarter, missing the consensus estimate of $0.75 by ($1.24). Etsy had a net margin of 7.32% and a negative return on equity of 34.18%. The firm had revenue of $668.31 million for the quarter, compared to analysts' expectations of $646.10 million. During the same period in the previous year, the firm posted $0.25 EPS. The firm's quarterly revenue was down .7% compared to the same quarter last year. As a group, analysts anticipate that Etsy Inc will post 3.94 earnings per share for the current year.

Trending Headlines about Etsy

Here are the key news stories impacting Etsy this week:

• Positive Sentiment: Unconfirmed reports of potential takeover interest in online marketplaces helped lift Etsy alongside eBay. The speculation is a potential catalyst, although there is no confirmed offer or transaction. eBay Jumps 5% on Takeover Speculation; Etsy Rallies 7%, Shopify Holds Flat
• Positive Sentiment: Continued momentum over seven straight trading sessions suggests strong near-term investor demand and has pushed Etsy shares toward their 12-month high. However, the rally increases the stock’s sensitivity to disappointing news or a lack of confirmation regarding takeover interest. Etsy on track to widen gains to seventh straight session
• Neutral Sentiment: Etsy will report third-quarter 2026 financial results before the market opens on October 28. Investors are likely to focus on marketplace sales, revenue growth, profitability and management’s outlook; the announcement itself does not change current fundamentals. Etsy to Announce Third Quarter 2026 Financial Results on October 28, 2026
• Negative Sentiment: Chief Executive Josh Silverman sold a combined 1,131 shares for approximately $91,630. The sales were executed under a pre-arranged Rule 10b5-1 plan and represented less than 0.5% of his holdings, limiting their significance as a bearish signal. Etsy SEC Form 4 Insider Transactions

Institutional Investors Weigh In On Etsy

Several institutional investors and hedge funds have recently modified their holdings of ETSY. Global Retirement Partners LLC purchased a new stake in shares of Etsy during the second quarter worth approximately $34,000. EFG International AG acquired a new stake in Etsy in the second quarter valued at approximately $45,000. Blue Trust Inc. lifted its stake in Etsy by 19.3% in the first quarter. Blue Trust Inc. now owns 1,238 shares of the company's stock worth $62,000 after acquiring an additional 200 shares during the last quarter. CoreCap Advisors LLC lifted its stake in Etsy by 2,379.1% in the second quarter. CoreCap Advisors LLC now owns 1,066 shares of the company's stock worth $80,000 after acquiring an additional 1,023 shares during the last quarter. Finally, Johnson Financial Group Inc. purchased a new position in Etsy in the second quarter worth approximately $105,000. Hedge funds and other institutional investors own 99.53% of the company's stock.

Analyst Ratings Changes

A number of research analysts have commented on the stock. Loop Capital set a $105.00 target price on shares of Etsy in a research report on Thursday, August 20th. B. Riley Financial lifted their price target on shares of Etsy from $75.00 to $82.00 and gave the company a "neutral" rating in a research report on Monday, August 10th. Morgan Stanley raised shares of Etsy from an "underweight" rating to an "outperform" rating in a research note on Thursday, August 20th. Sanford C. Bernstein raised shares of Etsy from a "hold" rating to a "strong-buy" rating in a research note on Friday, September 11th. Finally, The Goldman Sachs Group started coverage on shares of Etsy in a report on Monday, August 17th. They issued a "neutral" rating and a $89.00 price objective on the stock. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, eighteen have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Etsy presently has a consensus rating of "Hold" and an average target price of $86.21.

Etsy Company Profile

Etsy, Inc operates a global online marketplace focused on unique and creative goods. Its platform connects buyers with independent sellers offering handmade products, vintage items, craft supplies, personalized merchandise, home décor, jewelry, clothing, and other specialty goods.

The company generates revenue primarily through marketplace services, including seller listing and transaction fees, payment processing, advertising, and other seller-focused services. Etsy also provides tools intended to help independent merchants manage their shops, market products, process orders, and reach customers.

Founded in 2005 and headquartered in Brooklyn, New York, Etsy serves buyers and sellers in numerous countries.

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.