Bessemer Group Inc. Boosts Holdings in Etsy Inc $ETSY

Bessemer Group Inc. boosted its stake in shares of Etsy Inc (NYSE:ETSY) by 29.2% during the 1st quarter, Holdings Channel.com reports. The firm owned 140,609 shares of the company’s stock after purchasing an additional 31,763 shares during the quarter. Bessemer Group Inc.’s holdings in Etsy were worth $7,027,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. SG Americas Securities LLC boosted its stake in shares of Etsy by 717.7% in the first quarter. SG Americas Securities LLC now owns 1,497,174 shares of the company’s stock worth $74,829,000 after buying an additional 1,314,071 shares during the last quarter. AQR Capital Management LLC lifted its holdings in Etsy by 40.1% in the fourth quarter. AQR Capital Management LLC now owns 4,111,639 shares of the company’s stock valued at $227,785,000 after acquiring an additional 1,177,301 shares during the period. Norges Bank acquired a new position in Etsy in the fourth quarter valued at approximately $33,903,000. Deutsche Bank AG boosted its position in Etsy by 68.8% in the 4th quarter. Deutsche Bank AG now owns 1,378,170 shares of the company’s stock worth $76,406,000 after purchasing an additional 561,487 shares in the last quarter. Finally, Alyeska Investment Group L.P. purchased a new stake in Etsy in the 3rd quarter worth approximately $31,793,000. Hedge funds and other institutional investors own 99.53% of the company’s stock.

Etsy Price Performance

Shares of ETSY stock opened at $84.08 on Monday. The company has a market cap of $7.98 billion, a price-to-earnings ratio of 35.04, a PEG ratio of 3.50 and a beta of 1.83. The stock has a 50 day simple moving average of $70.73 and a 200-day simple moving average of $61.23. Etsy Inc has a 1-year low of $44.00 and a 1-year high of $87.14.

Insider Buying and Selling

In related news, Director Frederick R. Wilson sold 20,000 shares of the business’s stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $74.39, for a total value of $1,487,800.00. Following the completion of the sale, the director owned 441,329 shares of the company’s stock, valued at approximately $32,830,464.31. The trade was a 4.34% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Merilee Buckley sold 881 shares of the stock in a transaction on Monday, July 6th. The shares were sold at an average price of $75.35, for a total transaction of $66,383.35. Following the transaction, the chief accounting officer directly owned 405 shares in the company, valued at approximately $30,516.75. The trade was a 68.51% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 728,943 shares of company stock valued at $51,855,981. 2.50% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

ETSY has been the subject of several recent research reports. JPMorgan Chase & Co. lifted their target price on shares of Etsy from $78.00 to $85.00 and gave the company a “neutral” rating in a report on Wednesday, July 15th. Barclays increased their price target on shares of Etsy from $72.00 to $82.00 and gave the stock an “overweight” rating in a report on Thursday, April 30th. Cantor Fitzgerald raised their price target on shares of Etsy from $51.00 to $59.00 and gave the company a “neutral” rating in a research report on Tuesday, April 21st. Canaccord Genuity Group lifted their price objective on shares of Etsy from $72.00 to $80.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Finally, Wall Street Zen downgraded shares of Etsy from a “buy” rating to a “hold” rating in a research report on Sunday, May 31st. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twenty have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $73.64.

Trending Headlines about Etsy

Here are the key news stories impacting Etsy this week:

• Positive Sentiment: JPMorgan raised Etsy’s price target to $85, and the stock hit a new 1-year high after recent analyst support, reinforcing bullish sentiment around the name. Etsy (NYSE:ETSY) Price Target Raised to $85.00 at JPMorgan Chase & Co.
• Positive Sentiment: Etsy said it will report second-quarter 2026 results after the market close on August 5, which can keep investor attention focused on a potential earnings catalyst. Etsy to Announce Second Quarter 2026 Financial Results on August 5, 2026
• Neutral Sentiment: Wedbush initiated coverage with a neutral rating and an $80 target, suggesting the shares may be fairly valued after the recent rally. Wedbush coverage on Etsy
• Neutral Sentiment: BTIG also cut Etsy to Neutral from Buy, saying the stock’s strong run has pushed valuation toward full, which may limit additional upside in the short term. BTIG lowers Etsy to Neutral, says risk-reward in balance after strong rally
• Negative Sentiment: Executive Chair Josh Silverman sold 39,161 shares worth about $3.1 million, a disclosure that can create cautious sentiment even if it was preplanned. Etsy Executive Chair Josh Silverman Sells 39,161 Shares for $3.1 Million

Etsy Profile

Etsy, Inc operates two-sided online marketplaces that connect buyers and sellers primarily in the United States, the United Kingdom, Germany, Canada, Australia, France, and India. Its primary marketplace is Etsy.com that connects artisans and entrepreneurs with various consumers. The company also offers Reverb, a musical instrument marketplace; Depop, a fashion resale marketplace; and Elo7, a Brazil-based marketplace for handmade and unique items. In addition, it offers various seller services, including Etsy Payments, a payment processing service; Etsy Ads, an advertising platform; and Shipping Labels, which allows sellers in the United States, Canada, the United Kingdom, Australia, and India to purchase discounted shipping labels.