Etsy Inc (ETSY): Frederick R Wilson , director of Etsy Inc sold 30,130 shares on May 6, 2016. The Insider selling transaction was reported by the company on May 10, 2016 to the Securities and Exchange Commission. The shares were sold at $8.23 per share for a total value of $247,306.02 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 2, 2016, Frederick R Wilson (director) sold 208,198 shares at $8.26 per share price.On Jan 21, 2016, James Breyer (director) sold 474,193 shares at $6.76 per share price.
Shares of Etsy Inc (ETSY) ended Friday, May 6, 2016 session in red amid volatile trading. The shares closed down -0.7 points or -7.80% at $8.27 with 46,10,702 shares getting traded. Post opening the session at $8.95, the shares hit an intraday low of $8.06 and an intraday high of $9 and the price vacillated in this range throughout the day. The company has a market cap of $935 M and the number of outstanding shares has been calculated to be 11,30,73,415 shares. The 52-week high of Etsy Inc is $25.4196 and the 52-week low is $6.04.
Company has been under the radar of several Street Analysts.Etsy Inc is Reiterated by RBC Capital Mkts to Sector Perform and the brokerage firm has raised the Price Target to $ 11 from a previous price target of $10 .The Rating was issued on May 4, 2016.Etsy Inc is Reiterated by Wedbush to Neutral and the brokerage firm has raised the Price Target to $ 10 from a previous price target of $9 .The Rating was issued on May 4, 2016.Etsy Inc is Initiated by RBC Capital Mkts to Sector Perform and the brokerage firm has set the Price Target at $10. The Rating was issued on Mar 11, 2016.
Etsy Inc. operates a marketplace where people connect both online and offline to make sell and buy goods. The Company operates at the center of macroeconomic trends in online and mobile commerce employment consumption and manufacturing. Its sellers offer goods in online retail categories including jewelry stationery clothing home goods craft supplies and vintage items. The Company supports a range of artists makers designers and collectors. The Company’s community is made up of entrepreneurs who sell on its platform consumers looking to buy goods in its marketplace manufacturers who help its sellers grow their businesses and its employees who maintain its platform. The Company offers a range of services for its sellers which include promoted listings direct checkout and shipping labels. It also provides a range of tools for its buyers including communication search and discovery and mobile.