Jupiter Asset Management Ltd. Takes Position in Etsy, Inc. $ETSY

Jupiter Asset Management Ltd. acquired a new position in shares of Etsy, Inc. (NASDAQ:ETSY) in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund acquired 349,234 shares of the specialty retailer’s stock, valued at approximately $23,186,000. Jupiter Asset Management Ltd. owned approximately 0.35% of Etsy as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Heritage Wealth Advisors grew its holdings in Etsy by 476.5% in the second quarter. Heritage Wealth Advisors now owns 490 shares of the specialty retailer’s stock worth $25,000 after purchasing an additional 405 shares during the last quarter. Elevation Point Wealth Partners LLC acquired a new stake in shares of Etsy in the 2nd quarter worth $35,000. Salomon & Ludwin LLC purchased a new position in Etsy during the 3rd quarter worth $55,000. SJS Investment Consulting Inc. grew its stake in Etsy by 12,600.0% during the 3rd quarter. SJS Investment Consulting Inc. now owns 762 shares of the specialty retailer’s stock worth $51,000 after buying an additional 756 shares during the last quarter. Finally, Abich Financial Wealth Management LLC acquired a new position in Etsy during the 3rd quarter valued at about $51,000. Hedge funds and other institutional investors own 99.53% of the company’s stock.

Etsy Trading Up 8.4%

ETSY opened at $52.20 on Friday. Etsy, Inc. has a 12-month low of $40.05 and a 12-month high of $76.51. The firm has a 50 day moving average of $55.62 and a two-hundred day moving average of $59.45. The firm has a market capitalization of $5.15 billion, a PE ratio of 42.10, a P/E/G ratio of 10.65 and a beta of 1.77.

Etsy declared that its Board of Directors has initiated a share buyback plan on Thursday, December 18th that authorizes the company to repurchase $750.00 million in shares. This repurchase authorization authorizes the specialty retailer to purchase up to 14.2% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s management believes its stock is undervalued.

Insider Buying and Selling at Etsy

In related news, CAO Merilee Buckley sold 5,636 shares of the business’s stock in a transaction on Monday, January 5th. The shares were sold at an average price of $58.45, for a total transaction of $329,424.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Josh Silverman sold 86,666 shares of the stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $57.46, for a total value of $4,979,828.36. Following the sale, the insider directly owned 90,661 shares in the company, valued at $5,209,381.06. This represents a 48.87% 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 have sold 135,934 shares of company stock valued at $7,661,068. 2.80% of the stock is currently owned by corporate insiders.

More Etsy News

Here are the key news stories impacting Etsy this week:

• Positive Sentiment: Sale of Depop to eBay for $1.2 billion in cash — provides >$1B of immediate liquidity, lets Etsy refocus on its core marketplace and was the main fundamental catalyst for the move higher. TechCrunch: Etsy sells Depop to eBay
• Positive Sentiment: Q4 beat on EPS and return to slight year-over-year GMS growth — Etsy topped EPS estimates and showed early stabilization in buyer engagement, helping investors look past near-term margin pressure. PR Newswire: Etsy Q4 and FY2025 results
• Positive Sentiment: Selected bullish analyst moves (Truist raise to $83, Needham buy maintained) give headline upside narratives that supported momentum for some buyers. Benzinga: analyst coverage
• Positive Sentiment: Wider market catalyst — a Supreme Court ruling that lifted e‑commerce names provided an additional short‑term bid to Etsy along with peers. CNBC: e‑commerce stocks pop after Supreme Court ruling
• Neutral Sentiment: Technical factors — elevated short interest amplified the rally (short squeeze component), so part of the move appears driven by positioning rather than new fundamentals. Benzinga: short interest note
• Neutral Sentiment: UBS and other cautious notes: some analysts view the Depop divestiture as improving profitability but still flag modest GMS growth and a valuation reset — a watch‑and‑wait stance. TipRanks: UBS commentary
• Negative Sentiment: Multiple analyst price‑target cuts and downgrades (JPMorgan, Wells Fargo, Morgan Stanley, Stifel, Cantor Fitzgerald and others) signal medium‑term caution on growth and valuation — these offsets could cap upside without clearer margin/GMS improvement. MarketScreener: analyst cuts
• Negative Sentiment: Mixed fundamentals and margin pressure — revenue roughly inline but profit and operating metrics showed strain, supporting views that a valuation reset may be underway. WSJ: profit vs revenue note
• Negative Sentiment: Insider sale disclosed (director sold 300 shares) — small in dollar terms but sometimes noted by traders as a modest negative signal. SEC Form 4: director sale

Analyst Ratings Changes

ETSY has been the subject of several recent analyst reports. Citigroup reissued a “buy” rating on shares of Etsy in a report on Tuesday, December 30th. BTIG Research lowered their target price on shares of Etsy from $74.00 to $65.00 and set a “buy” rating for the company in a research note on Thursday. B. Riley Financial dropped their target price on shares of Etsy from $78.00 to $70.00 and set a “buy” rating on the stock in a research report on Friday. Wedbush decreased their price target on shares of Etsy from $72.00 to $66.00 and set a “neutral” rating for the company in a report on Friday, December 19th. Finally, Moffett Nathanson reissued a “neutral” rating on shares of Etsy in a report on Wednesday, October 29th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, eighteen have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $61.12.

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.