Hussman Strategic Advisors Double Down on Etsy, Buying Another $3 Million in Stock

Core Insights - Hussman Strategic Advisors, Inc. increased its position in Etsy by 42,000 shares during Q4 2025, with an estimated trade value of $2.56 million, bringing the total value of its Etsy holdings to $4.66 million, an increase of $1.87 million from the previous period [1][2] Company Overview - Etsy, Inc. is a leading global e-commerce platform specializing in unique and creative goods, connecting millions of buyers and sellers across multiple niche marketplaces [5] - The company operates online marketplaces including Etsy.com and Depop, generating revenue through transaction fees, payment processing, advertising services, and value-added seller tools [8] - As of January 30, 2026, Etsy's market capitalization was $5.25 billion, with a revenue of $2.85 billion and a net income of $182.15 million [4] Recent Performance - As of January 30, 2026, Etsy shares were priced at $52.96, reflecting a decline of 5.53% over the past year, underperforming the S&P 500 by 18 percentage points [3] - The core Etsy marketplace business has shown some growth, delivering 300 basis points of gross merchandise sales (GMS) growth quarter over quarter, with overall revenue increasing by 6% due to the divestiture of Reverb and success with onsite ads [9]