Buy Etsy Stock
Despite those challenges, Etsy managed to retain many of the customers it gained during the earlier stages of the pandemic when brick-and-mortar shopping was discouraged. As a result, Etsy's stock has rallied higher since the second-quarter financial results were released.
buy etsy stock
Etsy's stock is still historically inexpensive, measured by its price-to-earnings ratio of 35 and its free cash flow multiple of 29. The stock's valuation surged in 2020 as it benefited from lockdowns. However, it has gotten considerably cheaper since then. Meanwhile, the platform has added millions of buyers and sellers and implemented fee increases without losing either.
Shares of handcrafted-goods marketplace Etsy (ETSY 2.48%) are down 55% from their all-time high. But they're also up 78% from their 52-week low, reminding investors how important perspective is when it comes to how you're gauging a stock's performance in the market.
With growth challenged heading into 2023, Etsy may be a stock the market remains bearish on in the near term. However, its business has notable strengths and the ability to meet demand whenever it reaccelerates. Therefore, Etsy stock looks like a stock that long-term investors can patiently build a position in for the foreseeable future.
Etsy (ETSY 2.48%) is experiencing the same fate as many online retailers as consumers unleash pent-up demand for away-from-home experiences. Still, Etsy can be an excellent investment for long-term investors. This video will let you know if Etsy stock is a buy right now.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Etsy. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
Etsy's stock price dropped significantly in December 2021 and January 2022 thus far. But I am of the view that ETSY's shares can rebound considering its current valuations and a potential catalyst in the form of above-expectations 4Q 2021 results. In addition, Etsy's medium-term growth outlook is favorable, with expected top line and bottom line CAGRs for the next four years expected to be above +20%. As such, I keep my Buy rating for ETSY.
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Even though Etsy, Inc. (NASDAQ:ETSY) has fallen by 6.7% over the past week , insiders who sold US$2.9m worth of stock over the past year have had less luck. Insiders would probably have been better off holding on to their shares given that the average selling price of US$101 is still lower than the current share price.
The Independent Chairman, Frederick Wilson, made the biggest insider sale in the last 12 months. That single transaction was for US$1.7m worth of shares at a price of US$100 each. So it's clear an insider wanted to take some cash off the table, even below the current price of US$138. We generally consider it a negative if insiders have been selling, especially if they did so below the current price, because it implies that they considered a lower price to be reasonable. Please do note, however, that sellers may have a variety of reasons for selling, so we don't know for sure what they think of the stock price. We note that the biggest single sale was only 3.4% of Frederick Wilson's holding.
An insider sold Etsy shares recently, but they didn't buy any. And even if we look at the last year, we didn't see any purchases. It is good to see high insider ownership, but the insider selling leaves us cautious. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. Every company has risks, and we've spotted 3 warning signs for Etsy (of which 1 doesn't sit too well with us!) you should know about.
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Etsy is not "the store for everything" that Amazon is. It's focus is on handmade and bespoke products made by artisans and artists, with a strong sideline in antiques and collectibles. In 2022, its advertising zeroed in on its furniture selection, a tough sell given the high shipping costs for such large items."}},"@type": "Question","name": "Who Owns Etsy Stock?","acceptedAnswer": "@type": "Answer","text": "The top 10 owners of Etsy stock are mutual fund and investing companies, led by The Vanguard Group, Inc., Wellington Management Co. LLP, and BlackRock Fund Advisors. Only 0.74% of the stock is owned by company insiders.","@type": "Question","name": "Who Founded Etsy?","acceptedAnswer": "@type": "Answer","text": "Etsy was founded in 2005 in Brooklyn, New York, by entrepreneur Rob Kalin and partners Chris Maguire and Haim Schoppik. It marked its one-millionth sale on July 29, 2007. Maguire and Schoppik left the company in 2008."]}]}] Investing Stocks Bonds Fixed Income Mutual Funds ETFs Options 401(k) Roth IRA Fundamental Analysis Technical Analysis Markets View All Simulator Login / Portfolio Trade Research My Games Leaderboard Economy Government Policy Monetary Policy Fiscal Policy View All Personal Finance Financial Literacy Retirement Budgeting Saving Taxes Home Ownership View All News Markets Companies Earnings Economy Crypto Personal Finance Government View All Reviews Best Online Brokers Best Life Insurance Companies Best CD Rates Best Savings Accounts Best Personal Loans Best Credit Repair Companies Best Mortgage Rates Best Auto Loan Rates Best Credit Cards View All Academy Investing for Beginners Trading for Beginners Become a Day Trader Technical Analysis All Investing Courses All Trading Courses View All TradeSearchSearchPlease fill out this field.SearchSearchPlease fill out this field.InvestingInvesting Stocks Bonds Fixed Income Mutual Funds ETFs Options 401(k) Roth IRA Fundamental Analysis Technical Analysis Markets View All SimulatorSimulator Login / Portfolio Trade Research My Games Leaderboard EconomyEconomy Government Policy Monetary Policy Fiscal Policy View All Personal FinancePersonal Finance Financial Literacy Retirement Budgeting Saving Taxes Home Ownership View All NewsNews Markets Companies Earnings Economy Crypto Personal Finance Government View All ReviewsReviews Best Online Brokers Best Life Insurance Companies Best CD Rates Best Savings Accounts Best Personal Loans Best Credit Repair Companies Best Mortgage Rates Best Auto Loan Rates Best Credit Cards View All AcademyAcademy Investing for Beginners Trading for Beginners Become a Day Trader Technical Analysis All Investing Courses All Trading Courses View All Financial Terms Newsletter About Us Follow Us Facebook Instagram LinkedIn TikTok Twitter YouTube Table of ContentsExpandTable of ContentsEtsy OverviewHow You Would Have FaredStock Price TodayEtsy FAQsThe Bottom LineCompany ProfilesIPOsThe History of Etsy's Stock Price Since Its IPOA test case for a pandemic play after the pandemic ends
The top 10 owners of Etsy stock are mutual fund and investing companies, led by The Vanguard Group, Inc., Wellington Management Co. LLP, and BlackRock Fund Advisors. Only 0.74% of the stock is owned by company insiders.
In April 2009, users organized an "etsyday" promotion on Twitter that brought extra attention to the site.[59] As of May 2009, it had approximately 60 employees and sales of $10 to 13 million per month,[60] possibly boosted by consumer interest in cheaper and more personalized goods due to the United States recession.[61]
In April 2012, a newspaper article about Etsy covered its fraud detection efforts;[67] Etsy had been criticized in the past for inconsistently applying its rules about items having to be handmade.[68] Later in April 2012, the writer of Regretsy, a popular blog, did independent research into a specific featured vendor, Ecologica Malibu, and found evidence to accuse the vendor of being a reseller, which would be against the Etsy Terms of Service.[69] The vendor asserted that it was in line with the Terms of Service, stating that the shop had simply failed to identify itself as a "collective" that included the work of several individuals, and many Etsy community members posted on the Etsy forum expressing unhappiness with the action (or lack of action) taken by Etsy.[70] As of June 2012, the vendor's account is no longer active on Etsy.[71] 041b061a72