In Thursday’s Wall Street session, Etsy Inc (NASDAQ:ETSY) shares traded at $52.99, up 2.99% from the previous session.
ETSY stock price is now 14.97% away from the 50-day moving average and 3.14% away from the 200-day moving average. The market capitalization of the company currently stands at $5.53B.
With the price target of $50, JP Morgan recently initiated with Neutral rating for Etsy Inc (NASDAQ: ETSY). On January 13, 2025, Jefferies Upgraded its previous ‘Underperform’ rating to ‘Hold’ on the stock increasing its target price from $45 to quote $55, while ‘Needham’ rates the stock as ‘Buy’
In other news, Colburn Richard Edward III, Chief Technology Officer sold 2,350 shares of the company’s stock on May 16 ’25. The stock was sold for $110,474 at an average price of $47.01. Upon completion of the transaction, the Chief Technology Officer now directly owns 2,896 shares in the company, valued at $0.15 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 15 ’25, Director Blow Marla J sold 450 shares of the business’s stock. A total of $21,100 was realized by selling the stock at an average price of $46.89. This leaves the insider owning 4,873 shares of the company worth $0.26 million. A total of 1.24% of the company’s stock is owned by insiders.
During the past 12 months, Etsy Inc has had a low of $40.05 and a high of $66.93.
The company reported revenue of $651.18 million for the quarter, compared to $645.95 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 0.81 percent.
