Etsy Inc’s filing revealed that its CHIEF ACCOUNTING OFFICER Buckley Merilee unloaded Company’s shares for reported $54480.0 on Dec 05 ’24. In the deal valued at $60.00 per share,908 shares were sold. As a result of this transaction, Buckley Merilee now holds 0 shares worth roughly $0.0.
Then, Kumar Rachana sold 1,000 shares, generating $60,000 in total proceeds. Upon selling the shares at $60.00, the CHIEF TECHNOLOGY OFFICER now owns 26,660 shares.
Before that, Buckley Merilee bought 908 shares. Etsy Inc shares valued at $54,480 were divested by the Officer at a price of $60.00 per share.
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 Friday, Etsy Inc [NASDAQ:ETSY] saw its stock fall -2.10% to $52.71. Over the last five days, the stock has lost -7.75%. Etsy Inc shares have fallen nearly -34.97% since the year began. Nevertheless, the stocks have fallen -36.02% over the past one year. While a 52-week high of $83.31 was reached on 01/02/24, a 52-week low of $47.10 was recorded on 10/30/24. SMA at 50 days reached $53.84, while 200 days put it at $58.53.
Levels Of Support And Resistance For ETSY Stock
The 24-hour chart illustrates a support level at 52.07, which if violated will result in even more drops to 51.44. On the upside, there is a resistance level at 53.63. A further resistance level may holdings at 54.55. The Relative Strength Index (RSI) on the 14-day chart is 38.78, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.56, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 96.68%. Stochastics %K at 3.22% indicates the stock is a buying.
How much short interest is there in Etsy Inc?
A steep rise in short interest was recorded in Etsy Inc stocks on 2024-12-13, dropping by 52181.0 shares to a total of 19.37 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 19.42 million shares. There was a decline of -0.27%, which implies that there is a negative sentiment for the stock.
