Fiera Capital Corp Cuts Stake in Etsy, Inc. $ETSY

Fiera Capital Corp decreased its stake in Etsy, Inc. (NASDAQ:ETSY) by 2.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 635,728 shares of the specialty retailer’s stock after selling 13,814 shares during the period. Fiera Capital Corp owned approximately 0.64% of Etsy worth $42,206,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. Integrated Wealth Concepts LLC lifted its position in Etsy by 19.1% during the 1st quarter. Integrated Wealth Concepts LLC now owns 5,986 shares of the specialty retailer’s stock worth $282,000 after acquiring an additional 961 shares in the last quarter. Empowered Funds LLC raised its stake in shares of Etsy by 55.5% during the first quarter. Empowered Funds LLC now owns 9,673 shares of the specialty retailer’s stock valued at $456,000 after purchasing an additional 3,451 shares during the period. Woodline Partners LP purchased a new stake in shares of Etsy during the first quarter valued at approximately $2,181,000. Vanguard Personalized Indexing Management LLC acquired a new position in shares of Etsy during the second quarter worth $262,000. Finally, Allianz Asset Management GmbH boosted its stake in shares of Etsy by 85.3% in the second quarter. Allianz Asset Management GmbH now owns 40,426 shares of the specialty retailer’s stock valued at $2,028,000 after purchasing an additional 18,608 shares during the period. Institutional investors and hedge funds own 99.53% of the company’s stock.

Etsy Stock Performance

Shares of ETSY stock opened at $52.20 on Friday. Etsy, Inc. has a one year low of $40.05 and a one year high of $76.51. The company’s 50-day simple moving average is $55.62 and its 200-day simple moving average is $59.45. The stock has a market capitalization of $5.15 billion, a price-to-earnings ratio of 42.10, a PEG ratio of 10.65 and a beta of 1.77.

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

Insider Buying and Selling

In related news, insider Josh Silverman sold 86,666 shares of the firm’s stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $57.46, for a total transaction of $4,979,828.36. Following the transaction, the insider directly owned 90,661 shares in the company, valued at $5,209,381.06. This trade represents a 48.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, 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 SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 135,934 shares of company stock worth $7,661,068. 2.80% of the stock is currently owned by company insiders.

Trending Headlines about Etsy

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

Several equities research analysts recently issued reports on ETSY shares. Cantor Fitzgerald dropped their price target on shares of Etsy from $55.00 to $51.00 and set a “neutral” rating on the stock in a research note on Friday. Wedbush decreased their price objective on shares of Etsy from $72.00 to $66.00 and set a “neutral” rating for the company in a research report on Friday, December 19th. Truist Financial raised their target price on Etsy from $80.00 to $83.00 and gave the company a “buy” rating in a research note on Friday. Wells Fargo & Company cut their price target on Etsy from $52.00 to $47.00 and set an “underweight” rating on the stock in a research note on Friday. Finally, Piper Sandler reissued a “neutral” rating on shares of Etsy in a report on Wednesday, October 29th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, eighteen have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target 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.