In a report released yesterday, Darren Aftahi from Roth Capital maintained a Buy rating on Etsy Inc (ETSY), with a price target of $76. The company’s shares closed yesterday at $68.08, close to its 52-week high of $73.35.
According to TipRanks.com, Aftahi is a 5-star analyst with an average return of 14.1% and a 52.7% success rate. Aftahi covers the Technology sector, focusing on stocks such as Digital Turbine Inc, The Meet Group Inc, and Mitek Systems Inc.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Etsy Inc with a $73 average price target.
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The company has a one-year high of $73.35 and a one-year low of $28.60. Currently, Etsy Inc has an average volume of 2.76M.
Based on the recent corporate insider activity of 46 insiders, corporate insider sentiment is negative on the stock. Most recently, in March 2019, Michele Burns, a Director at ETSY sold 10,000 shares for a total of $713,500.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Etsy, Inc. engages in the management of an online marketplace. It operates a technology platform which allows sellers to manage and scale their business. The company offers handmade products such as shoes, clothing, bags, and accessories. It operates through the United States and International geographical segments.
