14,836 Shares in Etsy, Inc. $ETSY Purchased by Intech Investment Management LLC

Intech Investment Management LLC acquired a new position in Etsy, Inc. (NASDAQ:ETSY) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 14,836 shares of the specialty retailer’s stock, valued at approximately $985,000.

Other large investors have also modified their holdings of the company. Heritage Wealth Advisors grew its stake in shares of Etsy by 476.5% during the second quarter. Heritage Wealth Advisors now owns 490 shares of the specialty retailer’s stock valued at $25,000 after buying an additional 405 shares during the last quarter. Elevation Point Wealth Partners LLC bought a new stake in shares of Etsy during the 2nd quarter worth approximately $35,000. Employees Retirement System of Texas bought a new stake in shares of Etsy during the 2nd quarter worth approximately $47,000. SJS Investment Consulting Inc. boosted its holdings in Etsy by 12,600.0% during the 3rd quarter. SJS Investment Consulting Inc. now owns 762 shares of the specialty retailer’s stock valued at $51,000 after acquiring an additional 756 shares during the period. Finally, Abich Financial Wealth Management LLC purchased a new position in Etsy during the 3rd quarter valued at $51,000. Hedge funds and other institutional investors own 99.53% of the company’s stock.

Etsy Trading Down 0.4%

ETSY opened at $56.42 on Monday. Etsy, Inc. has a 12-month low of $40.05 and a 12-month high of $76.51. The business’s fifty day simple moving average is $55.66 and its 200-day simple moving average is $58.79. The company has a market capitalization of $5.43 billion, a price-to-earnings ratio of 45.50, a PEG ratio of 10.65 and a beta of 1.74.

Etsy declared that its Board of Directors has authorized a stock repurchase plan on Thursday, December 18th that permits the company to buyback $750.00 million in outstanding shares. This buyback authorization permits the specialty retailer to buy up to 14.2% of its shares through open market purchases. Shares buyback plans are generally an indication that the company’s management believes its stock is undervalued.

Insider Buying and Selling

In related news, Director Charles Andrew Ballard sold 1,790 shares of the company’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $55.74, for a total value of $99,774.60. Following the completion of the sale, the director directly owned 4,006 shares of the company’s stock, valued at $223,294.44. This represents a 30.88% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Merilee Buckley sold 5,636 shares of the stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $58.45, for a total transaction of $329,424.20. The SEC filing for this sale provides additional information. Insiders sold a total of 116,058 shares of company stock valued at $6,576,362 over the last three months. 2.80% of the stock is owned by company insiders.

More Etsy News

Here are the key news stories impacting Etsy this week:

• Positive Sentiment: BTIG argues Etsy stands to gain if OpenAI scales back on on‑platform checkout, reducing fears of AI disintermediation and leaving more commerce to marketplaces like Etsy. Etsy has the most to gain from OpenAI’s Instant Checkout pivot — BTIG
• Positive Sentiment: Splitit and Google’s Universal Commerce Protocol (UCP) adoption — built with partners including Etsy — supports agentic commerce standards that could make cross‑platform, AI‑driven purchases easier for Etsy sellers and buyers. Splitit Backs Google’s Universal Commerce Protocol (UCP), Advancing Agentic Commerce with Card-Linked Installments
• Positive Sentiment: PrintKK integration gives Etsy sellers access to print‑on‑demand fulfillment across ~200 countries, lowering sellers’ inventory burdens and improving global reach — a direct boost to marketplace supply capabilities. PrintKK Partners with Etsy, Giving Sellers Access to Print-on-Demand Fulfillment Across Nearly 200 Countries
• Positive Sentiment: Analyst commentary (reported broadly) that OpenAI may pull back on embedded checkout is being treated as a relief for marketplaces; that narrative can limit disruption risk to Etsy’s core model. Booking Stock, Expedia, DoorDash Jump. Here’s What’s Behind A ‘Relief Rally.’
• Neutral Sentiment: Articles comparing year‑to‑date sector performance show Etsy’s returns versus peers; useful for context but they don’t introduce new company‑specific catalysts. Has Etsy (ETSY) Outpaced Other Retail-Wholesale Stocks This Year?
• Neutral Sentiment: Zacks and other roundup pieces list Etsy as a candidate to play consumer/gig‑economy trends — positive framing but high level. Has Etsy (ETSY) Outpaced Other Retail-Wholesale Stocks This Year?
• Neutral Sentiment: JD.com’s quarterly results and investment focus are industry noise (e‑commerce macro context) but not a direct driver for Etsy. JD’s Q4 Earnings Surpass Estimates, Revenues Increase Y/Y
• Negative Sentiment: Insider selling: Director Charles Andrew Ballard sold 1,790 shares (~30.9% reduction in his holding), a visible insider disposition that can spook investors despite being a relatively small dollar amount. Insider Selling: Etsy (NASDAQ:ETSY) Director Sells 1,790 Shares of Stock
• Negative Sentiment: Recent analyst cuts and reduced price targets (UBS, Cantor Fitzgerald, Morgan Stanley, Deutsche Bank) weigh on sentiment; MarketBeat notes a consensus “Hold” with a ~$60.40 target. Etsy Stock Report and Analyst Notes

Wall Street Analyst Weigh In

A number of research firms have weighed in on ETSY. BTIG Research reduced their target price on Etsy from $74.00 to $65.00 and set a “buy” rating on the stock in a research note on Thursday, February 19th. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Etsy from $63.00 to $54.00 and set a “hold” rating for the company in a research note on Tuesday, February 24th. Citigroup reaffirmed a “buy” rating on shares of Etsy in a research note on Tuesday, December 30th. Cantor Fitzgerald decreased their price objective on shares of Etsy from $55.00 to $51.00 and set a “neutral” rating for the company in a report on Friday, February 20th. Finally, Canaccord Genuity Group lowered their price objective on shares of Etsy from $80.00 to $72.00 and set a “buy” rating for the company in a research report on Friday, February 20th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, eighteen have given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, Etsy has a consensus rating of “Hold” and an average target price of $60.40.

Etsy Company Profile

Etsy, Inc (NASDAQ: ETSY) operates a global e-commerce marketplace focused on handmade, vintage and unique goods. The platform connects individual artisans, small businesses and collectors with buyers seeking one-of-a-kind items, ranging from handcrafted jewelry and clothing to home décor and art supplies. Etsy’s revenue is primarily generated through listing fees, transaction fees on sales and optional seller services such as advertising and shipping labels.

Founded in 2005 and headquartered in Brooklyn, New York, Etsy has cultivated a community-driven ethos, encouraging sustainable practices and personal entrepreneurship.