Etsy Inc’s recently made public that its CHIEF HUMAN RESOURCES OFFICER Nadal Toni Thompson unloaded Company’s shares for reported $94849.0 on Jun 10 ’24. In the deal valued at $65.68 per share,1,444 shares were sold. As a result of this transaction, Nadal Toni Thompson now holds 592 shares worth roughly $34851.04.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Kumar Rachana sold 500 shares, generating $32,360 in total proceeds. Upon selling the shares at $64.72, the CHIEF TECHNOLOGY OFFICER now owns 19,979 shares.
Before that, Daniel Nicholas sold 750 shares. Etsy Inc shares valued at $48,590 were divested by the CHIEF PRODUCT OFFICER at a price of $64.79 per share. As a result of the transaction, Daniel Nicholas now holds 18,182 shares, worth roughly $1.07 million.
Loop Capital downgraded its Etsy Inc [ETSY] rating to a Sell from a a Hold in a research note published on May 02, 2024; the price target was decreased to $50 from $70. A number of analysts have revised their coverage, including JMP Securities’s analysts, who decreased its forecast for the stock in early May from “a Mkt outperform” to “a Mkt perform”. Morgan Stanley also remained covering ETSY and has decreased its forecast on April 18, 2024 with a “an Underweight” recommendation from previously “an Equal-weight” rating. BTIG Research maintained its rating on February 22, 2024. It rated ETSY as “a Buy”.
Price Performance Review of ETSY
On Friday, Etsy Inc [NASDAQ:ETSY] saw its stock fall -2.11% to $58.87. Over the last five days, the stock has lost -9.82%. Etsy Inc shares have fallen nearly -27.37% since the year began. Nevertheless, the stocks have fallen -38.07% over the past one year. While a 52-week high of $102.81 was reached on 01/02/24, a 52-week low of $56.60 was recorded on 05/02/24. SMA at 50 days reached $64.73, while 200 days put it at $69.26. A total of 3.76 million shares were traded, compared to the trading of 3.52 million shares in the previous session.
Levels Of Support And Resistance For ETSY Stock
The 24-hour chart illustrates a support level at 58.31, which if violated will result in even more drops to 57.76. On the upside, there is a resistance level at 59.67. A further resistance level may holdings at 60.48. The Relative Strength Index (RSI) on the 14-day chart is 34.48, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.60, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 96.30%. Stochastics %K at 19.45% indicates the stock is a buying.
