Etsy Inc (NASDAQ: ETSY) is -8.24% lower on its value in year-to-date trading and has touched a low of $43.43 and a high of $71.72 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ETSY stock was last observed hovering at around $47.18 in the last trading session, with the day’s gains setting it 1.35%.
Currently trading at $48.53, the stock is 4.40% and -4.15% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.83 million and changing 2.86% at the moment leaves the stock -10.26% off its SMA200. ETSY registered -29.38% loss for a year compared to 6-month loss of -15.07%. The firm has a 50-day simple moving average (SMA 50) of $50.6328 and a 200-day simple moving average (SMA200) of $54.079426.
The stock witnessed a -1.06% gain in the last 1 month and extending the period to 3 months gives it a -7.93%, and is 1.48% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.38% over the week and 4.35% over the month.
Etsy Inc (ETSY) has around 2420 employees, a market worth around $5.20B and $2.81B in sales. Current P/E ratio is 20.46 and Fwd P/E is 17.10. Profit margin for the company is 10.80%. Distance from 52-week low is 11.74% and -32.33% from its 52-week high. The company has generated returns on investments over the last 12 months (18.23%).
The EPS is expected to grow by 8.67% this year.
Etsy Inc (ETSY) Top Institutional Holders
731.0 institutions hold shares in Etsy Inc (ETSY), with institutional investors hold 118.37% of the company’s shares. The shares outstanding are 108.54M, and float is at 105.89M with Short Float at 18.73%. Institutions hold 117.12% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 13.44 million shares valued at $792.88 million. The investor’s holdings represent 11.3502% of the ETSY Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 10.14 million shares valued at $598.0 million to account for 8.7081 of the shares outstanding. The other top investors are VAN ECK ASSOCIATES CORP which holds 5.76 million shares representing 4.9506% and valued at over $339.96 million, while BARCLAYS PLC holds 4.9367 of the shares totaling 5.85 million with a market value of $344.86 million.
Etsy Inc (ETSY) Insider Activity
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Still, SEC filings show that on Mar 03 ’25, Daniel Nicholas (CHIEF PRODUCT OFFICER) disposed off 1,500 shares at an average price of $50.48 for $75726.0. The insider now directly holds 20,698 shares of Etsy Inc (ETSY).
