Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Etsy Inc shares valued at $1,127,775 were sold by Silverman Josh on Feb 24 ’25. At $52.05 per share, Silverman Josh sold 21,666 shares. The insider’s holdings dropped to 5,004 shares worth approximately $0.26 million following the completion of this transaction.
Also, Raina Moskowitz purchased 54,221 shares, netting a total of over 2,873,713 in proceeds.
Before that, Silverman Josh had added 21,666 shares to its account. In a trade valued at $1,105,399, the Officer bought Etsy Inc shares for $51.02 each.
As published in a research note from Jefferies on January 13, 2025, Etsy Inc [ETSY] has been rated up from an Underperform to a Hold and the price target has been revised to $55 from $45. As of October 15, 2024, Goldman has decreased its “Neutral” rating to a “Sell” for ETSY. Earlier on September 05, 2024, Cantor Fitzgerald initiated its rating. Their recommendation was “a Neutral” for ETSY stock.
Analyzing ETSY Stock Performance
During the last five days, there has been a drop of approximately -0.41%. Over the course of the year, Etsy Inc shares have dropped approximately -3.21%. Shares of the company reached a 52-week high of $58.24 on 02/14/25 and a 52-week low of $49.22 on 02/27/25. A 50-day SMA is recorded $54.36, while a 200-day SMA reached $56.00. Nevertheless, trading volume fell to 5.31 million shares from 3.45 million shares the previous day.
Support And Resistance Levels for Etsy Inc (ETSY)
According to the 24-hour chart, there is a support level at 49.61, which, if violated, would cause prices to drop to 48.02. In the upper region, resistance lies at 52.39. The next price resistance is at 53.58. RSI (Relative Strength Index) is 41.64 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.42, which suggests the price will decrease in the coming days. Percent R is at 78.16%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
