Etsy Inc (ETSY) receives a Neutral rating from JP Morgan

Etsy Inc’s filing revealed that its Officer Silverman Josh acquired Company’s shares for reported $8.75 million on Jun 02 ’25. In the deal valued at $57.68 per share,151,666 shares were bought.

Then, Daniel Nicholas bought 1,500 shares, generating $82,350 in total proceeds.

Before that, Colburn Richard Edward III sold 2,350 shares. Etsy Inc shares valued at $110,474 were divested by the Chief Technology Officer at a price of $47.01 per share. As a result of the transaction, Colburn Richard Edward III now holds 2,896 shares, worth roughly $0.17 million.

JP Morgan initiated its Etsy Inc [ETSY] rating to a Neutral in a research note published on March 19, 2025; the price target was $50. A number of analysts have revised their coverage, including Jefferies’s analysts, who increased its forecast for the stock in mid January from “an Underperform” to “a Hold”. Goldman revised its rating on October 15, 2024. It rated ETSY as “a Sell” which previously was an “a Neutral”.

Price Performance Review of ETSY

On Monday, Etsy Inc [NASDAQ:ETSY] saw its stock jump 6.12% to $58.74. Over the last five days, the stock has gained 23.40%. Etsy Inc shares have risen nearly 11.06% since the year began. Nevertheless, the stocks have fallen -3.39% over the past one year. While a 52-week high of $66.93 was reached on 06/02/25, a 52-week low of $40.05 was recorded on 04/09/25. SMA at 50 days reached $46.58, while 200 days put it at $51.41.

Levels Of Support And Resistance For ETSY Stock

The 24-hour chart illustrates a support level at 55.74, which if violated will result in even more drops to 52.73. On the upside, there is a resistance level at 60.91. A further resistance level may holdings at 63.07. The Relative Strength Index (RSI) on the 14-day chart is 81.97, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 6.19, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 9.29%. Stochastics %K at 90.70% indicates the stock is a selling.

The most recent change occurred on September 05, 2024 when Cantor Fitzgerald began covering the stock and recommended ‘”a Neutral”‘ rating along with a $50 price target.

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

Knox Daily
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.