An Etsy Insider Sold 5,600 Shares for $329,000

Core Insights - Etsy's Chief Accounting Officer, Merilee Buckley, sold 9,099 shares, fully exiting direct equity ownership after a year of double-digit returns [1][6][9] Transaction Summary - The transaction involved the sale of 5,636 shares and withholding of 3,463 shares for tax liabilities, with a total transaction value of approximately $329,400 based on a weighted average price of $58.45 per share [2][6] - Post-transaction, Buckley holds no direct or indirect shares, marking a complete exit from her equity ownership [6][9] Company Overview - As of January 5, 2026, Etsy's stock price was $58.45, with a market capitalization of $6.11 billion and a trailing twelve months (TTM) revenue of $2.85 billion and net income of $182.15 million [4] - Etsy operates online marketplaces such as Etsy.com and Depop, focusing on handmade goods, vintage items, and fashion resale, generating revenue through transaction fees, payment processing, and seller services [7][8] Recent Performance - Etsy reported a 0.9% year-over-year increase in gross merchandise sales to $2.7 billion for the third quarter, adjusting for the previous year's sale of Reverb [10] - The company's net income for the third quarter rose by $18.1 million to $75.5 million, with cash and cash equivalents totaling $1.6 billion at the end of September [11]