Etsy Inc (NASDAQ:ETSY) Director M Michele Burns sold 5,000 shares of the company’s stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $136.62, for a total transaction of $683,100.00. Following the completion of the sale, the director now directly owns 15,421 shares of the company’s stock, valued at approximately $2,106,817.02. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Shares of Etsy stock opened at $122.05 on Friday. The firm has a fifty day moving average price of $112.05 and a two-hundred day moving average price of $74.24. Etsy Inc has a fifty-two week low of $29.95 and a fifty-two week high of $141.41. The company has a debt-to-equity ratio of 1.63, a current ratio of 4.27 and a quick ratio of 5.71. The company has a market cap of $15.36 billion, a PE ratio of 100.04, a price-to-earnings-growth ratio of 3.94 and a beta of 1.63.

Etsy (NASDAQ:ETSY) last released its earnings results on Wednesday, August 5th. The specialty retailer reported $0.75 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.39 by $0.36. Etsy had a net margin of 13.78% and a return on equity of 35.91%. Analysts expect that Etsy Inc will post 1.37 earnings per share for the current fiscal year.

Large investors have recently made changes to their positions in the company. Amundi Pioneer Asset Management Inc. bought a new stake in shares of Etsy during the first quarter valued at approximately $1,681,000. Macquarie Group Ltd. boosted its stake in Etsy by 169.2% during the fourth quarter. Macquarie Group Ltd. now owns 3,500 shares of the specialty retailer’s stock worth $155,000 after buying an additional 2,200 shares in the last quarter. State of Alaska Department of Revenue increased its holdings in Etsy by 4.7% in the 1st quarter. State of Alaska Department of Revenue now owns 20,387 shares of the specialty retailer’s stock valued at $783,000 after buying an additional 914 shares during the period. Valeo Financial Advisors LLC raised its stake in shares of Etsy by 423.2% in the 1st quarter. Valeo Financial Advisors LLC now owns 1,308 shares of the specialty retailer’s stock valued at $70,000 after buying an additional 1,058 shares in the last quarter. Finally, Exchange Traded Concepts LLC bought a new position in shares of Etsy during the 1st quarter worth about $407,000. 97.24% of the stock is currently owned by institutional investors.

A number of research firms recently commented on ETSY. Nomura Instinet boosted their target price on shares of Etsy from $66.00 to $82.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. BidaskClub lowered shares of Etsy from a “strong-buy” rating to a “buy” rating in a research note on Thursday. BTIG Research lowered Etsy from a “buy” rating to a “neutral” rating in a report on Sunday, April 19th. Goldman Sachs Group upped their price objective on shares of Etsy from $88.00 to $120.00 and gave the stock a “buy” rating in a report on Monday, June 22nd. They noted that the move was a valuation call. Finally, Deutsche Bank increased their target price on shares of Etsy from $86.00 to $156.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. One analyst has rated the stock with a sell rating, two have issued a hold rating and eighteen have assigned a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $125.36.

About Etsy

Etsy, Inc operates Etsy.com, a commerce platform to make, sell, and buy goods online and offline primarily in the United States, United Kingdom, Canada, Australia, France, and Germany. It provides various seller services and tools that are designed to help entrepreneurs for starting, managing, and scaling their businesses.

Featured Story: Black Swan

Insider Buying and Selling by Quarter for Etsy (NASDAQ:ETSY)

Receive News & Ratings for Etsy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Etsy and related companies with MarketBeat.com's FREE daily email newsletter.