Etsy (NYSE:ETSY) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Etsy (NYSE:ETSY) from a hold rating to a buy rating in a research note issued to investors on Saturday morning,Wall Street Zen reports.

Other equities analysts also recently issued reports about the company. Argus raised their price objective on Etsy from $67.00 to $89.00 and gave the stock a “buy” rating in a research report on Tuesday, September 8th. Seaport Research Partners upgraded Etsy to a “buy” rating in a report on Thursday, August 20th. Jefferies Financial Group increased their target price on shares of Etsy from $90.00 to $100.00 and gave the company a “hold” rating in a research report on Wednesday, October 28th. Weiss Ratings upgraded shares of Etsy from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, October 16th. Finally, Truist Financial boosted their price target on shares of Etsy from $90.00 to $106.00 and gave the stock a “buy” rating in a research report on Wednesday, October 28th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, sixteen have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $94.07.

Etsy Stock Performance

Shares of NYSE ETSY opened at $92.52 on Friday. Etsy has a 52 week low of $44.00 and a 52 week high of $95.49. The stock has a market capitalization of $8.78 billion, a P/E ratio of 22.97, a PEG ratio of 2.31 and a beta of 1.86. The stock’s fifty day moving average is $78.97 and its 200 day moving average is $68.37.

Etsy (NYSE:ETSY) last released its earnings results on Wednesday, October 28th. The company reported $7.31 earnings per share for the quarter, topping the consensus estimate of $0.76 by $6.55. Etsy had a negative return on equity of 43.65% and a net margin of 34.36%. The firm had revenue of $692.47 million during the quarter, compared to analysts’ expectations of $669.04 million. During the same period in the prior year, the company earned $0.63 earnings per share. The company’s quarterly revenue was up 10.9% on a year-over-year basis. Equities research analysts forecast that Etsy will post 3.94 earnings per share for the current year.

Insiders Place Their Bets

In other Etsy news, CAO Merilee Buckley sold 5,076 shares of the firm’s stock in a transaction on Thursday, October 15th. The shares were sold at an average price of $90.00, for a total value of $456,840.00. Following the completion of the sale, the chief accounting officer directly owned 5,076 shares in the company, valued at approximately $456,840. This trade represents a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Frederick Wilson sold 28,527 shares of Etsy stock in a transaction on Thursday, October 29th. The shares were sold at an average price of $91.39, for a total transaction of $2,607,082.53. Following the completion of the sale, the director directly owned 400,000 shares of the company’s stock, valued at approximately $36,556,000. This trade represents a 6.66% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 141,501 shares of company stock valued at $12,314,562. 2.50% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in ETSY. William Blair Investment Management LLC bought a new stake in shares of Etsy during the second quarter valued at approximately $120,417,000. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Etsy by 51.4% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 3,278,123 shares of the company’s stock worth $163,841,000 after purchasing an additional 1,112,520 shares in the last quarter. Findlay Park Partners LLP bought a new position in shares of Etsy in the 2nd quarter worth $66,170,000. Renaissance Technologies LLC lifted its holdings in shares of Etsy by 11.1% in the 1st quarter. Renaissance Technologies LLC now owns 5,962,210 shares of the company’s stock worth $297,991,000 after purchasing an additional 594,768 shares in the last quarter. Finally, Bank of New York Mellon Corp acquired a new stake in Etsy in the 2nd quarter valued at $42,781,000. 99.53% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Etsy

Here are the key news stories impacting Etsy this week:

• Positive Sentiment: Etsy’s new leadership is using artificial intelligence to identify and remove low-quality or misleading “AI slop” listings. Reports that the approach is improving marketplace quality could support user trust, buyer engagement and the company’s handmade-product positioning. Etsy’s New CEO Is Fighting AI Slop With AI, and It’s Working
• Neutral Sentiment: Etsy is tightening its rules around AI-generated products as Australian small businesses and other sellers push for stronger protections for original creative work. Clearer enforcement may strengthen the platform’s brand, although stricter policies could also create compliance costs or disputes with sellers. Etsy tightens AI rules as Australian small businesses fight to protect creative work
• Negative Sentiment: Commentary warns that AI-generated merchandise threatens Etsy’s promise of unique, handmade goods. If AI content increases competition, reduces product differentiation or weakens seller trust, it could pressure marketplace engagement and long-term brand value. AI is just the newest threat to Etsy’s handmade promise
• Negative Sentiment: Insider selling may weigh on sentiment while the stock trades at elevated levels. CEO Josh Silverman sold 42,689 shares for roughly $3.9 million, while directors Marla Blow and Frederick Wilson sold a combined 34,527 shares worth about $3.2 million. These transactions do not necessarily indicate deteriorating fundamentals, but they represent meaningful reductions in insider ownership.

About Etsy

Etsy, Inc operates an online marketplace that connects independent sellers with consumers seeking unique and creative goods. Its marketplace features products such as handmade items, personalized gifts, vintage merchandise, home décor, jewelry, clothing, craft supplies and other goods made, designed, selected or sourced by individual sellers and small businesses.

The company provides tools and services that support marketplace activity, including seller storefronts, search and discovery features, payment processing, advertising, shipping assistance and customer support.