2 weeks Ago By Defense World Staff
Bokf Na lowered its position in Etsy, Inc. ( NASDAQ:ETSY – Free Report ) by 40.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC).
The fund owned 6,764 shares of the specialty retailer’s stock after selling 4,622 shares during the period. Bokf Na’s holdings in Etsy were worth $399,000 at the end of the most recent reporting period. Other large investors also recently made changes to their positions in the company.
Norges Bank purchased a new stake in Etsy in the 4th quarter valued at about $86,494,000. TD Asset Management Inc lifted its holdings in Etsy by 260.2% during the fourth quarter.
TD Asset Management Inc now owns 1,319,190 shares of the specialty retailer’s stock worth $106,920,000 after acquiring an additional 952,907 shares during the period. Van ECK Associates Corp boosted its position in Etsy by 14.3% in the second quarter.
Van ECK Associates Corp now owns 5,764,064 shares of the specialty retailer’s stock worth $339,964,000 after purchasing an additional 721,454 shares during the last quarter. Epoch Investment Partners Inc. grew its stake in Etsy by 84.
4% in the 4th quarter. Epoch Investment Partners Inc. now owns 1,309,510 shares of the specialty retailer’s stock valued at $106,136,000 after purchasing an additional 599,286 shares during the period.
Finally, DAVENPORT & Co LLC increased its position in shares of Etsy by 120.7% during the 1st quarter. DAVENPORT & Co LLC now owns 789,917 shares of the specialty retailer’s stock valued at $54,021,000 after purchasing an additional 431,993 shares during the last quarter.
99.53% of the stock is owned by institutional investors. Etsy Stock Down 3.
2 % NASDAQ:ETSY opened at $53.88 on Tuesday. The firm has a market capitalization of $6.
18 billion, a P/E ratio of 24.60, a P/E/G ratio of 5.10 and a beta of 1.
97. The company has a fifty day moving average of $57.04 and a 200 day moving average of $61.
97. Etsy, Inc. has a 52 week low of $50.
63 and a 52 week high of $89.58. Analyst Upgrades and Downgrades ETSY has been the topic of a number of research analyst reports.
Truist Financial cut their price target on shares of Etsy from $77.00 to $76.00 and set a “buy” rating on the stock in a report on Thursday, August 1st.
Stifel Nicolaus decreased their price target on shares of Etsy from $65.00 to $64.00 and set a “hold” rating for the company in a research note on Thursday, August 1st.
Loop Capital dropped their price objective on Etsy from $50.00 to $45.00 and set a “sell” rating on the stock in a research note on Monday, August 12th.
Cantor Fitzgerald initiated coverage on Etsy in a research report on Thursday, September 5th. They issued a “neutral” rating and a $50.00 target price for the company.
Finally, Piper Sandler reissued a “neutral” rating and set a $56.00 target price on shares of Etsy in a report on Friday, August 23rd. Four research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the stock.
According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $70.61.
View Our Latest Research Report on Etsy Insiders Place Their Bets In other news, insider Nicholas Daniel sold 750 shares of the business’s stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $55.40, for a total transaction of $41,550.
00. Following the transaction, the insider now directly owns 18,083 shares of the company’s stock, valued at $1,001,798.20.
The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link . In the last 90 days, insiders sold 2,000 shares of company stock worth $116,395. 2.
60% of the stock is currently owned by company insiders. About Etsy ( Free Report ) Etsy, Inc, together with its subsidiaries, operates two-sided online marketplaces that connect buyers and sellers in the United States, the United Kingdom, Germany, Canada, Australia, and France. 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. Further Reading Five stocks we like better than Etsy Retail Stocks Investing, Explained Palo Alto Analysts Drive it to New Highs: 50% Upside Is Possible Why Invest in 5G? How to Invest in 5G Stocks Roblox’s Growth Beyond Kids: Stock Set for Major Moves What Does a Gap Up Mean in Stocks? How to Play the Gap 5 Oversold Stocks to Buy Right Now Want to see what other hedge funds are holding ETSY? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Etsy, Inc. ( NASDAQ:ETSY – Free Report ). 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.
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