Etsy Inc’s filing revealed that its Former Officer Rachana Kumar acquired Company’s shares for reported $2.56 million on Feb 21 ’25. In the deal valued at $51.00 per share,50,248 shares were bought.
Then, Blow Marla J sold 450 shares, generating $25,462 in total proceeds. Upon selling the shares at $56.58, the Director now owns 5,323 shares.
Before that, Daniel Nicholas sold 1,500 shares. Etsy Inc shares valued at $83,017 were divested by the CHIEF PRODUCT OFFICER at a price of $55.34 per share. As a result of the transaction, Daniel Nicholas now holds 22,198 shares, worth roughly $1.14 million.
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 Friday, Etsy Inc [NASDAQ:ETSY] saw its stock fall -0.27% to $51.26. Over the last five days, the stock has lost -7.34%. Etsy Inc shares have fallen nearly -3.08% since the year began. Nevertheless, the stocks have fallen -32.44% over the past one year. While a 52-week high of $78.65 was reached on 02/14/25, a 52-week low of $47.10 was recorded on 02/21/25. SMA at 50 days reached $54.87, while 200 days put it at $56.21.
Levels Of Support And Resistance For ETSY Stock
The 24-hour chart illustrates a support level at 49.98, which if violated will result in even more drops to 48.70. On the upside, there is a resistance level at 52.44. A further resistance level may holdings at 53.62. The Relative Strength Index (RSI) on the 14-day chart is 40.62, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.76, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 83.49%. Stochastics %K at 12.81% indicates the stock is a buying.
