Josh Silverman Sells 88,350 Shares of Etsy (NYSE:ETSY) Stock

Key Points

• Insider Josh Silverman sold 88,350 Etsy shares on May 1 at an average price of $64.18 for about $5.67M, leaving him with 130,694 shares and a 40.33% reduction in his position; the trade was executed under a pre-arranged Rule 10b5-1 plan.
• Etsy reported a Q1 revenue beat with a swing to net income and growing active buyers, and the company has rolled out positive catalysts like a native Etsy app inside ChatGPT plus buybacks and a planned Depop sale that have lifted investor sentiment.
• Shares traded down about 1.7% to $62.92 mid-day, with a market capitalization of roughly $5.97B and a 52-week range of $44.00–$76.51; analysts’ consensus rating is a "Hold" with a $70.09 average target price.

Etsy Inc (NYSE:ETSY - Get Free Report) insider Josh Silverman sold 88,350 shares of Etsy stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $64.18, for a total value of $5,670,303.00. Following the completion of the transaction, the insider owned 130,694 shares in the company, valued at approximately $8,387,940.92. This represents a 40.33% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Wednesday, April 29th, Josh Silverman sold 36,443 shares of Etsy stock. The shares were sold at an average price of $69.00, for a total value of $2,514,567.00.
• On Tuesday, April 21st, Josh Silverman sold 70,000 shares of Etsy stock. The stock was sold at an average price of $65.00, for a total value of $4,550,000.00.
• On Monday, April 20th, Josh Silverman sold 30,369 shares of Etsy stock. The stock was sold at an average price of $64.00, for a total value of $1,943,616.00.
• On Thursday, April 16th, Josh Silverman sold 24,296 shares of Etsy stock. The shares were sold at an average price of $59.00, for a total value of $1,433,464.00.
• On Monday, April 6th, Josh Silverman sold 12,148 shares of Etsy stock. The shares were sold at an average price of $54.00, for a total value of $655,992.00.
• On Wednesday, April 1st, Josh Silverman sold 6,074 shares of Etsy stock. The stock was sold at an average price of $49.07, for a total transaction of $298,051.18.

Etsy Trading Down 1.7%

Shares of NYSE ETSY traded down $1.12 during mid-day trading on Tuesday, hitting $62.92. The stock had a trading volume of 2,780,985 shares, compared to its average volume of 3,530,568. The business's 50 day moving average price is $55.48. Etsy Inc has a 1 year low of $44.00 and a 1 year high of $76.51. The stock has a market capitalization of $5.97 billion, a price-to-earnings ratio of 26.22, a P/E/G ratio of 2.59 and a beta of 1.90.

Etsy (NYSE:ETSY - Get Free Report) last announced its quarterly earnings results on Thursday, February 19th. The company reported $0.92 earnings per share for the quarter, beating the consensus estimate of $0.88 by $0.04. Etsy had a net margin of 9.94% and a negative return on equity of 28.60%. The business had revenue of $881.64 million during the quarter. On average, sell-side analysts predict that Etsy Inc will post 3.71 EPS for the current fiscal year.

Institutional Investors Weigh In On Etsy

Hedge funds have recently made changes to their positions in the company. EFG International AG bought a new position in Etsy in the fourth quarter worth $33,000. Abich Financial Wealth Management LLC bought a new position in shares of Etsy in the 3rd quarter worth about $51,000. Blue Trust Inc. lifted its position in Etsy by 19.3% during the 1st quarter. Blue Trust Inc. now owns 1,238 shares of the company's stock valued at $62,000 after acquiring an additional 200 shares during the period. Danske Bank A S purchased a new position in Etsy during the 3rd quarter valued at about $66,000. Finally, Federation des caisses Desjardins du Quebec grew its holdings 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 purchasing an additional 225 shares during the period. 99.53% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on ETSY shares. Stifel Nicolaus reduced their price target on Etsy from $62.00 to $55.00 and set a "hold" rating on the stock in a report on Friday, February 20th. Barclays lifted their price objective on Etsy from $72.00 to $82.00 and gave the stock an "overweight" rating in a research report on Thursday, April 30th. Jefferies Financial Group decreased their target price on Etsy from $62.00 to $55.00 and set a "hold" rating for the company in a report on Thursday, February 12th. UBS Group raised their price target on Etsy from $72.00 to $74.00 and gave the stock a "neutral" rating in a research note on Thursday, April 30th. Finally, Morgan Stanley set a $64.00 price target on shares of Etsy in a report on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, nineteen have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $70.09.

Etsy News Summary

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

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.

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