Etsy Inc’s recent filing unveils that its CHIEF PRODUCT OFFICER Daniel Nicholas unloaded Company’s shares for reported $83017.0 on Feb 03 ’25. In the deal valued at $55.34 per share,1,500 shares were sold. As a result of this transaction, Daniel Nicholas now holds 22,198 shares worth roughly $1.2 million.
Then, Nadal Toni Thompson sold 2,837 shares, generating $154,929 in total proceeds. Upon selling the shares at $54.61, the CHIEF HUMAN RESOURCES OFFICER now owns 592 shares.
Before that, Nadal Toni Thompson bought 2,837 shares. Etsy Inc shares valued at $154,163 were divested by the Officer at a price of $54.34 per share.
Jefferies upgraded its Etsy Inc [ETSY] rating to a Hold from a an Underperform in a research note published on January 13, 2025; the price target was increased to $55 from $45. Goldman also remained covering ETSY and has decreased its forecast on October 15, 2024 with a “Sell” recommendation from previously “Neutral” rating. Cantor Fitzgerald started covering the stock on September 05, 2024. It rated ETSY as “a Neutral”.
Price Performance Review of ETSY
On Tuesday, Etsy Inc [NASDAQ:ETSY] saw its stock fall -1.55% to $53.96. Over the last five days, the stock has lost -3.28%. Etsy Inc shares have risen nearly 2.02% since the year began. Nevertheless, the stocks have fallen -25.70% over the past one year. While a 52-week high of $80.30 was reached on 02/03/25, a 52-week low of $47.10 was recorded on 01/21/25. SMA at 50 days reached $55.11, while 200 days put it at $56.95.
Levels Of Support And Resistance For ETSY Stock
The 24-hour chart illustrates a support level at 53.52, which if violated will result in even more drops to 53.08. On the upside, there is a resistance level at 54.75. A further resistance level may holdings at 55.54. The Relative Strength Index (RSI) on the 14-day chart is 48.72, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.79, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 55.38%. Stochastics %K at 56.66% 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 2025-01-15, dropping by -0.43 million shares to a total of 18.93 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 19.37 million shares. There was a decline of -2.3%, which implies that there is a negative sentiment for the stock.
