Etsy Inc’s recent filing unveils that its Director Blow Marla J unloaded Company’s shares for reported $23240.0 on Nov 21 ’24. In the deal valued at $51.64 per share,450 shares were sold. As a result of this transaction, Blow Marla J now holds 5,773 shares worth roughly $0.32 million.
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Then, Blow Marla J bought 900 shares, generating $46,071 in total proceeds.
Before that, Daniel Nicholas sold 750 shares. Etsy Inc shares valued at $39,371 were divested by the CHIEF PRODUCT OFFICER at a price of $52.50 per share. As a result of the transaction, Daniel Nicholas now holds 24,371 shares, worth roughly $1.36 million.
A number of analysts have revised their coverage, including Goldman’s analysts, who decreased its forecast for the stock in mid October from “a Neutral” to “a Sell”. Cantor Fitzgerald began covering ETSY with “Neutral” recommendation on September 05, 2024.
Price Performance Review of ETSY
On Monday, Etsy Inc [NASDAQ:ETSY] saw its stock jump 6.46% to $55.68. Over the last five days, the stock has gained 10.13%. Etsy Inc shares have fallen nearly -31.30% since the year began. Nevertheless, the stocks have fallen -22.47% over the past one year. While a 52-week high of $89.58 was reached on 01/02/24, a 52-week low of $47.10 was recorded on 10/30/24. SMA at 50 days reached $52.00, while 200 days put it at $60.25.
Levels Of Support And Resistance For ETSY Stock
The 24-hour chart illustrates a support level at 53.46, which if violated will result in even more drops to 51.23. On the upside, there is a resistance level at 57.32. A further resistance level may holdings at 58.95. The Relative Strength Index (RSI) on the 14-day chart is 64.42, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.92, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 13.16%. Stochastics %K at 61.62% indicates the stock is a holding.
How much short interest is there in Etsy Inc?
A steep rise in short interest was recorded in Etsy Inc stocks on 2024-10-31, growing by 0.71 million shares to a total of 17.69 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 16.99 million shares. There was a rise of 3.98%, which implies that there is a positive sentiment for the stock.
