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In a recent transaction filed with the Securities and Exchange Commission, Daniel Nicholas, Chief Product Officer of Etsy Inc (NASDAQ:ETSY), sold shares of the company worth a total of $88,162. The sales occurred on June 2, 2025, and involved a total of 1,500 shares of Etsy’s common stock. The e-commerce platform, currently valued at $6.28 billion, has demonstrated impressive performance with a 19.6% gain over the past week and maintains strong gross profit margins above 72%.
The shares were sold at prices ranging from $54.90 to $59.41 per share. Following this transaction, Nicholas retains ownership of 31,822 shares of Etsy. According to InvestingPro, which offers comprehensive analysis of 1,400+ stocks, Etsy’s current trading price of $61.55 suggests potential upside based on its Fair Value assessment. The sales were conducted as part of a pre-established Rule 10b5-1 trading plan, which was adopted by Nicholas on August 12, 2024.
In other recent news, Etsy has been the subject of several analyst updates. Canaccord Genuity adjusted its price target for Etsy shares to $62 from $72, maintaining a Buy rating. This change follows Etsy’s first-quarter earnings report, which exceeded expectations in active buyers and revenue but showed a decline in Gross Merchandise Sales (GMS). Needham also revised its outlook, lowering the price target to $55 from $60, while reaffirming a Buy rating, citing economic uncertainty as a factor affecting estimates. Meanwhile, JPMorgan raised Etsy’s price target to $50 from $42, maintaining a Neutral rating, highlighting Etsy’s strong marketplace position and data-driven user experience enhancements.
Cantor Fitzgerald increased its price target for Etsy to $52 from $47, also keeping a Neutral rating, focusing on short-term positive trends but expressing caution about long-term growth. Bernstein SocGen Group reiterated a Market Perform rating and a price target of $45, following discussions with Etsy’s leadership about strategic growth initiatives. These developments reflect the varied perspectives among analysts on Etsy’s financial performance and growth strategies amidst economic challenges. Investors are watching closely as Etsy continues to focus on enhancing its platform and user experience to drive growth.
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