Inscription Capital LLC Sells 13,879 Shares of Etsy Inc $ETSY

Inscription Capital LLC lowered its stake in Etsy Inc (NYSE:ETSY) by 66.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 7,126 shares of the company’s stock after selling 13,879 shares during the quarter. Inscription Capital LLC’s holdings in Etsy were worth $395,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of ETSY. Smartleaf Asset Management LLC boosted its position in shares of Etsy by 10.0% in the second quarter. Smartleaf Asset Management LLC now owns 1,734 shares of the company’s stock valued at $88,000 after acquiring an additional 158 shares during the period. Alamea Verwaltungs GmbH boosted its position in shares of Etsy by 2.3% in the second quarter. Alamea Verwaltungs GmbH now owns 7,380 shares of the company’s stock valued at $370,000 after acquiring an additional 169 shares during the period. GAMMA Investing LLC boosted its position in shares of Etsy by 6.6% in the fourth quarter. GAMMA Investing LLC now owns 3,333 shares of the company’s stock valued at $185,000 after acquiring an additional 205 shares during the period. Bank Pictet & Cie Europe AG boosted its position in shares of Etsy by 3.5% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 6,831 shares of the company’s stock valued at $379,000 after acquiring an additional 231 shares during the period. Finally, Ballentine Partners LLC lifted its position in Etsy by 5.2% during the third quarter. Ballentine Partners LLC now owns 4,951 shares of the company’s stock worth $329,000 after purchasing an additional 243 shares during the period. Institutional investors own 99.53% of the company’s stock.

Key Stories Impacting Etsy

Here are the key news stories impacting Etsy this week:

• Positive Sentiment: Etsy reported Q1 revenue and marketplace strength that outpaced expectations — management flagged improving gross merchandise sales and buyer activity, which markets interpreted as a return to growth. Read More.
• Positive Sentiment: Market reaction also reflected headline Q1 coverage noting revenue and EPS beats on an adjusted basis and an improved outlook from management; that drove an early intraday pop. Read More.
• Positive Sentiment: BTIG raised its price target to $78 and reiterated a Buy rating, giving analysts’ endorsement that supported the rally. Read More.
• Positive Sentiment: Other sell‑side support preceded the print (UBS nudged its target higher), adding to upward momentum as analysts re‑price shares on signs of recovery. Read More.
• Positive Sentiment: Management highlighted product work — including AI features to improve discovery and bring back shoppers — which investors view as a practical lever to sustain marketplace momentum. Read More.
• Neutral Sentiment: Earnings call transcript and summaries are available for deeper reads on metrics and guidance; these are useful for investors who want to parse GMV, take‑rates, marketing spend and margin trajectory. Read More.
• Negative Sentiment: There are mixed accounting signals: some outlets report adjusted EPS beat while GAAP EPS and certain consensus comparisons were weaker or below some estimates, and investors should watch margin and return‑on‑equity metrics as the company reaccelerates growth. Read More.

Insiders Place Their Bets

In other Etsy news, insider Josh Silverman sold 70,000 shares of the business’s stock in a transaction dated Tuesday, April 21st. The stock was sold at an average price of $65.00, for a total transaction of $4,550,000.00. Following the completion of the transaction, the insider owned 130,694 shares of the company’s stock, valued at approximately $8,495,110. The trade was a 34.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Merilee Buckley sold 1,993 shares of the business’s stock in a transaction dated Monday, April 6th. The stock was sold at an average price of $52.92, for a total value of $105,469.56. Following the transaction, the chief accounting officer directly owned 809 shares of the company’s stock, valued at approximately $42,812.28. The trade was a 71.13% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 168,636 shares of company stock valued at $10,253,703. 2.80% of the stock is currently owned by corporate insiders.

Etsy Stock Performance

Shares of NYSE ETSY opened at $69.58 on Thursday. The firm has a market capitalization of $6.60 billion, a P/E ratio of 53.11, a price-to-earnings-growth ratio of 9.90 and a beta of 1.77. Etsy Inc has a 12 month low of $41.51 and a 12 month high of $76.51. The business’s 50-day simple moving average is $55.16.

Etsy (NYSE:ETSY) last issued its earnings results on Wednesday, April 29th. The company reported $0.60 EPS for the quarter, missing the consensus estimate of $0.62 by ($0.02). The business had revenue of $631.28 million for the quarter, compared to analyst estimates of $622.39 million. Etsy had a negative return on equity of 24.94% and a net margin of 5.65%.The firm’s revenue was up 3.1% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.49) EPS. As a group, equities research analysts forecast that Etsy Inc will post 3.12 EPS for the current year.

Analysts Set New Price Targets

ETSY has been the subject of several recent analyst reports. Cantor Fitzgerald upped their price objective on shares of Etsy from $51.00 to $59.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 21st. B. Riley Financial cut their price objective on shares of Etsy from $78.00 to $70.00 and set a “buy” rating for the company in a research report on Friday, February 20th. Raymond James Financial reaffirmed an “outperform” rating and set a $75.00 price objective on shares of Etsy in a research report on Thursday, April 23rd. Stifel Nicolaus cut their price objective on shares of Etsy from $62.00 to $55.00 and set a “hold” rating for the company in a research report on Friday, February 20th. Finally, Jefferies Financial Group cut their price objective on shares of Etsy from $62.00 to $55.00 and set a “hold” rating for the company in a research report on Thursday, February 12th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, eighteen have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $63.33.

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.