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Tuesday, January 31, 2023

Today, Etsy Inc. (NASDAQ: ETSY) Takes Center Stage

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Etsy Inc. (ETSY) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.83, or 0.64%, to $129.80. The Etsy Inc. has recorded 29,899 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that Etsy to Participate in Upcoming Investor Conferences.

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Stocks Info

The company is listed on the NASDAQ and operates within the Internet Retail industry segment. At the end of the last regular session, the stock closed at $128.97 and fluctuated between $132.89 as its day high and $127.83 as its day low. The current market capitalization of Etsy Inc. is $15.84B. A total of 1.68 million shares were traded on the day, compared to an average of 3.23M shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, ETSY has seen 11 BUY and 36 SELL insider trades, representing the acquisition of 171,863 and the disposition of 201,512 shares. Over the last 12 months, there were 58 BUYs and 164 SELLs from insiders. Insiders purchased 695,966 shares during that period but sold 658,059.

In the most recent transaction, Silverman Josh sold 20,850 shares of ETSY for 132.51 per share on Jan 18. After the transaction, the President & CEO now owns 107,305 company shares. In a previous transaction on Jan 17, Daniel Nicholas sold 1,000 shares at 135.18 per share. ETSY shares that Chief Product Officer owns now total 3,309.

Among the insiders who sold shares, Silverman Josh disposed of 20,850 shares on Jan 04 at a per-share price of $116.94. This resulted in the President & CEO holding 107,305 shares of ETSY after the transaction. In another insider transaction, SCOTT RYAN M. sold 1,170 shares at $116.98 per share on Jan 04. Company shares held by the Chief Marketing Officer now total 0.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for ETSY in the last 3 months, the mean price target is $125.20 with high estimates of $186.00 and low estimates of $47.00. In terms of 52-week highs and lows, ETSY has a high of $172.36 and a low of $67.01.

As of this writing, ETSY has an earnings estimate of $0.37 per share for the current quarter. EPS was calculated based on a consensus of 19 estimates, with a high estimate of $0.48 per share and a lower estimate of $0.24.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 30 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ETSY is Sell with a score of 4.09. A total of 11 analysts rated the stock as Buy while 4 rated it as Overweight while 14 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 1 thought it should be Sold.

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