Deutsche Bank Aktiengesellschaft Cuts Etsy (NASDAQ:ETSY) Price Target to $54.00

Etsy (NASDAQ:ETSY) had its price objective reduced by Deutsche Bank Aktiengesellschaft from $63.00 to $54.00 in a research note published on Tuesday morning,MarketScreener reports. They currently have a hold rating on the specialty retailer’s stock.

Several other research analysts have also recently issued reports on the stock. Barclays increased their price target on shares of Etsy from $60.00 to $62.00 and gave the stock an “equal weight” rating in a report on Thursday, October 30th. B. Riley Financial reduced their price target on Etsy from $78.00 to $70.00 and set a “buy” rating for the company in a report on Friday, February 20th. Cantor Fitzgerald cut their price objective on Etsy from $55.00 to $51.00 and set a “neutral” rating for the company in a research report on Friday, February 20th. Morgan Stanley lowered their price target on shares of Etsy from $65.00 to $60.00 and set an “equal weight” rating on the stock in a research note on Friday, February 20th. Finally, UBS Group cut their price target on shares of Etsy from $74.00 to $53.00 and set a “neutral” rating for the company in a report on Friday, February 20th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, eighteen have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $60.40.

Etsy Stock Up 3.2%

ETSY stock opened at $55.14 on Tuesday. The business has a 50 day moving average price of $55.66 and a 200 day moving average price of $59.33. The stock has a market cap of $5.31 billion, a price-to-earnings ratio of 44.47, a PEG ratio of 10.65 and a beta of 1.77. Etsy has a fifty-two week low of $40.05 and a fifty-two week high of $76.51.

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

Insider Transactions at Etsy

In other Etsy news, CAO Merilee Buckley sold 5,636 shares of the company’s stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $58.45, for a total value of $329,424.20. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Josh Silverman sold 86,666 shares of Etsy stock in a transaction that occurred on 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 transaction, the insider owned 90,661 shares of the company’s stock, valued at $5,209,381.06. This represents a 48.87% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 135,934 shares of company stock valued at $7,661,068. 2.80% of the stock is currently owned by company insiders.

Institutional Trading of Etsy

Institutional investors and hedge funds have recently made changes to their positions in the stock. Heritage Wealth Advisors increased its position in Etsy by 476.5% during the 2nd quarter. Heritage Wealth Advisors now owns 490 shares of the specialty retailer’s stock worth $25,000 after purchasing an additional 405 shares in the last quarter. EFG International AG acquired a new position in shares of Etsy in the fourth quarter valued at approximately $33,000. Elevation Point Wealth Partners LLC purchased a new position in shares of Etsy during the second quarter valued at approximately $35,000. Salomon & Ludwin LLC purchased a new position in shares of Etsy during the third quarter valued at approximately $55,000. Finally, SJS Investment Consulting Inc. boosted its position in Etsy by 12,600.0% during the third quarter. SJS Investment Consulting Inc. now owns 762 shares of the specialty retailer’s stock worth $51,000 after acquiring an additional 756 shares during the last quarter. 99.53% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Etsy

Here are the key news stories impacting Etsy this week:

• Positive Sentiment: Etsy’s Q4 earnings and management commentary drove optimism — profitability beat expectations and management pointed to a “marketplace reset,” improved app/personalization, and targeted social marketing (TikTok) as drivers of better margins despite softer buyer activity. This was highlighted in analyst Q&A coverage and helped explain the favorable market reaction. 5 Revealing Analyst Questions From Etsy’s Q4 Earnings Call
• Positive Sentiment: Two analyst writeups comparing Shopify and Etsy concluded Etsy is the smarter buy at current levels, citing Etsy’s marketplace reset, tighter capital allocation and cheaper valuation versus SHOP — a narrative that can attract value‑oriented buyers. Shopify vs. Etsy: Which E-Commerce Stock is the Smarter Buy Now? Zacks: Shopify vs. Etsy
• Neutral Sentiment: Etsy confirmed participation in the Morgan Stanley TMT conference (fireside chat on March 3). Management visibility at conferences gives investors a live forum for guidance and strategy updates, but it’s informational rather than a direct catalyst. Etsy to Participate in Upcoming Investor Conference
• Neutral Sentiment: Consumer/lifestyle coverage highlighted Etsy-made and branded gift options (editorial features), which help brand awareness but are unlikely to move near‑term revenue materially. MSN: Etsy artist wooden SLR
• Neutral Sentiment: eBay announced another round of layoffs (800 employees). This reflects ongoing consolidation/pressure in e‑commerce; the direct impact on Etsy is ambiguous — could ease competition in pockets but also signal broader demand weakness. eBay to lay off 800 staff
• Negative Sentiment: Deutsche Bank cut its price target on ETSY to $54, which may cap near‑term upside and prompt some profit taking from institutional holders who track sell‑side targets. Deutsche Bank Lowers Etsy Price Target
• Negative Sentiment: Broader coverage flagged consumer internet stocks have pulled back ~28% over six months amid weakening spending trends — a sector headwind that can limit multiple expansion for Etsy even if company‑specific execution is improving. Internet stock sector weakness

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.