Etsy Inc’s filing revealed that its CHIEF PRODUCT OFFICER Daniel Nicholas unloaded Company’s shares for reported $75726.0 on Mar 03 ’25. In the deal valued at $50.48 per share,1,500 shares were sold. As a result of this transaction, Daniel Nicholas now holds 20,698 shares worth roughly $0.96 million.
Then, Daniel Nicholas bought 1,500 shares, generating $77,085 in total proceeds.
Before that, Silverman Josh sold 21,666 shares. Etsy Inc shares valued at $1,127,775 were divested by the PRESIDENT & CEO at a price of $52.05 per share. As a result of the transaction, Silverman Josh now holds 5,004 shares, worth roughly $0.23 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 Monday, Etsy Inc [NASDAQ:ETSY] saw its stock jump 1.40% to $46.29. Over the last five days, the stock has lost -4.85%. Etsy Inc shares have fallen nearly -12.48% since the year began. Nevertheless, the stocks have fallen -33.64% over the past one year. While a 52-week high of $71.72 was reached on 02/14/25, a 52-week low of $43.75 was recorded on 03/13/25. SMA at 50 days reached $52.24, while 200 days put it at $55.07.
Levels Of Support And Resistance For ETSY Stock
The 24-hour chart illustrates a support level at 45.67, which if violated will result in even more drops to 45.04. On the upside, there is a resistance level at 47.05. A further resistance level may holdings at 47.81. The Relative Strength Index (RSI) on the 14-day chart is 38.45, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.63, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 74.98%. Stochastics %K at 16.72% 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 2025-02-28, growing by 1.47 million shares to a total of 19.6 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 18.13 million shares. There was a rise of 7.49%, which implies that there is a positive sentiment for the stock.
