Robinhood reports August 2025 customer and trading metrics
Etsy (NASDAQ:ETSY) Chief Product Officer Daniel Nicholas sold 1,500 shares of common stock on September 2, 2025, for a total of $77,430. The company, currently valued at approximately $5.2 billion, has shown impressive gross profit margins of 72% in the latest quarter.
The sales were executed at a weighted average price of $51.62, with individual transactions ranging from $51.295 to $52.12 per share. Nicholas now directly owns 31,683 shares of Etsy following the transaction. According to InvestingPro analysis, the stock appears undervalued at current levels, with analysts setting price targets ranging from $48 to $86.
The sale was executed under a pre-arranged Rule 10b5-1 trading plan, which was adopted on August 12, 2024. The filing was signed by Brittany Keen, Attorney-in-Fact, on September 3, 2025. While the stock has shown significant volatility, InvestingPro data reveals strong financial health metrics, including a healthy current ratio of 3.39 and sufficient cash flows to cover interest payments.
In other recent news, Etsy’s second-quarter results exceeded expectations, with Gross Merchandise Sales (GMS) and EBITDA coming in 2% and 4% above forecasts, respectively, according to data cited by Cantor Fitzgerald. This positive performance prompted Cantor Fitzgerald to raise its price target for Etsy from $52 to $64 while maintaining a Neutral rating. Truist Securities also adjusted its outlook, increasing its price target to $75 from $70, citing that Marketplace revenue was tracking ahead of consensus estimates. Meanwhile, Stifel reiterated its Hold rating on Etsy, keeping the price target steady at $64 after discussions with the company’s executives. Cantor Fitzgerald highlighted Etsy’s cross-border transactions, noting that U.S. imports and exports make up about 25% of total GMS. JPMorgan maintained a Neutral rating with a $60 price target, considering potential impacts from upcoming tariff changes affecting goods imported into the U.S. valued at $800 or less. These developments reflect the varied perspectives of analysts on Etsy’s financial outlook and strategic positioning.
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