Etsy Inc’s filing revealed 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 $1.18 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 -1.64% to $53.29. Over the last five days, the stock has lost -1.24%. Etsy Inc shares have risen nearly 0.76% since the year began. Nevertheless, the stocks have fallen -28.46% 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 $55.25, while 200 days put it at $56.63.
Levels Of Support And Resistance For ETSY Stock
The 24-hour chart illustrates a support level at 52.97, which if violated will result in even more drops to 52.64. On the upside, there is a resistance level at 53.90. A further resistance level may holdings at 54.50. The Relative Strength Index (RSI) on the 14-day chart is 45.40, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.47, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 73.62%. Stochastics %K at 39.96% 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 2025-01-31, growing by 0.92 million shares to a total of 18.13 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 17.21 million shares. There was a rise of 5.08%, which implies that there is a positive sentiment for the stock.
