6,352,739 Shares in Etsy, Inc. (NASDAQ:ETSY) Acquired by Janus Henderson Group PLC

Janus Henderson Group PLC purchased a new stake in shares of Etsy, Inc. (NASDAQ:ETSY) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 6,352,739 shares of the specialty retailer’s stock, valued at approximately $95,291,000. Janus Henderson Group PLC owned about 5.72% of Etsy as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Royal Bank of Canada lifted its position in shares of Etsy by 30.3% during the second quarter. Royal Bank of Canada now owns 8,812 shares of the specialty retailer’s stock valued at $133,000 after buying an additional 2,049 shares during the last quarter. FNY Managed Accounts LLC purchased a new stake in shares of Etsy during the first quarter valued at about $105,000. UBS Group AG lifted its position in shares of Etsy by 30.7% during the first quarter. UBS Group AG now owns 10,091 shares of the specialty retailer’s stock valued at $108,000 after buying an additional 2,373 shares during the last quarter. Amalgamated Bank lifted its position in shares of Etsy by 14.9% during the second quarter. Amalgamated Bank now owns 14,788 shares of the specialty retailer’s stock valued at $222,000 after buying an additional 1,920 shares during the last quarter. Finally, Principal Financial Group Inc. lifted its position in shares of Etsy by 9.0% during the second quarter. Principal Financial Group Inc. now owns 16,099 shares of the specialty retailer’s stock valued at $241,000 after buying an additional 1,330 shares during the last quarter. 73.03% of the stock is owned by institutional investors and hedge funds.

In other Etsy news, CEO Josh Silverman bought 64,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 8th. The stock was purchased at an average price of $15.67 per share, for a total transaction of $1,002,880.00. Following the completion of the purchase, the chief executive officer now directly owns 64,000 shares in the company, valued at $1,002,880. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 4.00% of the stock is owned by insiders.

Several analysts have commented on ETSY shares. Roth Capital set a $14.00 price target on shares of Etsy and gave the company a “hold” rating in a research report on Thursday, June 22nd. Stifel Nicolaus reissued a “hold” rating and set a $13.00 price target on shares of Etsy in a research report on Friday, June 23rd. BidaskClub raised shares of Etsy from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, June 27th. Royal Bank Of Canada reissued a “hold” rating and set a $12.00 price target on shares of Etsy in a research report on Friday, June 30th. Finally, Zacks Investment Research raised shares of Etsy from a “hold” rating to a “buy” rating and set a $17.00 price target for the company in a research report on Tuesday, July 4th. Ten investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $15.00.

Shares of Etsy, Inc. (ETSY) traded up 0.68% during trading on Friday, hitting $16.30. 52,524 shares of the company traded hands. The company has a 50-day moving average of $16.81 and a 200-day moving average of $14.33. The stock’s market capitalization is $1.81 billion. Etsy, Inc. has a 52-week low of $9.41 and a 52-week high of $17.90.

Etsy (NASDAQ:ETSY) last posted its earnings results on Thursday, August 3rd. The specialty retailer reported $0.10 earnings per share for the quarter, topping the consensus estimate of $0.04 by $0.06. The firm had revenue of $101.70 million during the quarter, compared to analysts’ expectations of $101.14 million. Etsy had a positive return on equity of 3.83% and a negative net margin of 3.16%. The firm’s revenue was up 19.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.06) earnings per share. Equities analysts expect that Etsy, Inc. will post $0.27 EPS for the current year.

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Other hedge funds have also recently added to or reduced their stakes in the company. Royal Bank of Canada lifted its position in shares of Etsy by 30.3% during the second quarter. Royal Bank of Canada now owns 8,812 shares of the specialty retailer’s stock valued at $133,000 after buying an additional 2,049 shares during the last quarter. FNY Managed Accounts LLC purchased a new stake in shares of Etsy during the first quarter valued at about $105,000. UBS Group AG lifted its position in shares of Etsy by 30.7% during the first quarter. UBS Group AG now owns 10,091 shares of the specialty retailer’s stock valued at $108,000 after buying an additional 2,373 shares during the last quarter. Amalgamated Bank lifted its position in shares of Etsy by 14.9% during the second quarter. Amalgamated Bank now owns 14,788 shares of the specialty retailer’s stock valued at $222,000 after buying an additional 1,920 shares during the last quarter. Finally, Principal Financial Group Inc. lifted its position in shares of Etsy by 9.0% during the second quarter. Principal Financial Group Inc. now owns 16,099 shares of the specialty retailer’s stock valued at $241,000 after buying an additional 1,330 shares during the last quarter. 73.03% of the stock is owned by institutional investors and hedge funds.

In other Etsy news, CEO Josh Silverman bought 64,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 8th. The stock was purchased at an average price of $15.67 per share, for a total transaction of $1,002,880.00. Following the completion of the purchase, the chief executive officer now directly owns 64,000 shares in the company, valued at $1,002,880. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 4.00% of the stock is owned by insiders.

Several analysts have commented on ETSY shares. Roth Capital set a $14.00 price target on shares of Etsy and gave the company a “hold” rating in a research report on Thursday, June 22nd. Stifel Nicolaus reissued a “hold” rating and set a $13.00 price target on shares of Etsy in a research report on Friday, June 23rd. BidaskClub raised shares of Etsy from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, June 27th. Royal Bank Of Canada reissued a “hold” rating and set a $12.00 price target on shares of Etsy in a research report on Friday, June 30th. Finally, Zacks Investment Research raised shares of Etsy from a “hold” rating to a “buy” rating and set a $17.00 price target for the company in a research report on Tuesday, July 4th. Ten investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $15.00.

Shares of Etsy, Inc. (ETSY) traded up 0.68% during trading on Friday, hitting $16.30. 52,524 shares of the company traded hands. The company has a 50-day moving average of $16.81 and a 200-day moving average of $14.33. The stock’s market capitalization is $1.81 billion. Etsy, Inc. has a 52-week low of $9.41 and a 52-week high of $17.90.

Etsy (NASDAQ:ETSY) last posted its earnings results on Thursday, August 3rd. The specialty retailer reported $0.10 earnings per share for the quarter, topping the consensus estimate of $0.04 by $0.06. The firm had revenue of $101.70 million during the quarter, compared to analysts’ expectations of $101.14 million. Etsy had a positive return on equity of 3.83% and a negative net margin of 3.16%. The firm’s revenue was up 19.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.06) earnings per share. Equities analysts expect that Etsy, Inc. will post $0.27 EPS for the current year.

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Etsy Company Profile

Etsy, Inc (Etsy) operates a marketplace where people around the world connect, both online and offline, to make, sell and buy goods. The Company offers a range of seller services and tools that help entrepreneurs start, grow and manage their businesses. The Company’s community includes Etsy sellers, Etsy buyers, Etsy employees, its partners and investors.

Institutional Ownership by Quarter for Etsy (NASDAQ:ETSY)

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