The insider selling is immaterial in size and likely driven by routine portfolio rebalancing and option exercises. No bearish read-through for ETSY shares. Monitor for any upcoming earnings or guidance changes that could provide context, but this cluster alone does not warrant a trading response.
Price Chart
Executive Summary
A cluster of insider selling at ETSY over the past week totaled ~$5.74M in open-market sales, but this represents only ~0.07% of the $8.1B market cap — well below the 0.1% threshold for materiality. The selling includes CFO Charles Baker (small $134K) and directors Josh Silverman and Frederick Wilson, with Silverman's sales largely tied to derivative exercises. The dollar amounts are trivial relative to company size, and the pattern is consistent with routine diversification and tax-related transactions rather than a bearish signal.
Key Financial Metrics
Key Facts
- Total open-market sales: ~$5.74M across 3 insiders (CFO + 2 directors)
- Sales represent only ~0.07% of ETSY's $8.1B market cap
- Director Silverman's sales followed derivative exercises (non-cash events)
- CFO Baker also had tax-withholding transactions (non-cash)
- No other material cross-filings or corporate events in the window
Financial Impact
~$5.74M in insider sales, 0.07% of market cap
Risk Factors
- Insider selling could accelerate if fundamentals deteriorate, but current volume is negligible
- No other cross-filings to amplify signal
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-ETSY-1786050079807 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 3, 2026 28d ago | Insider Cluster | $76.51 $74.46 | ▼ −2.68% | ▼ −1.47% | $72.74 (−4.93%) |
Aug 19, 2026 6w ago | Insider Cluster | $81.21 $82.94 | ▲ +2.13% | ▲ +1.02% | $72.74 (−10.43%) |
Aug 19, 2026 6w ago | Insider Cluster | $81.21 $82.94 | ▲ +2.13% | ▲ +1.02% | $72.74 (−10.43%) |
Aug 12, 2026 7w ago | Insider Cluster | $79.63 $80.15 | ▲ +0.66% | ▲ +1.10% | $72.74 (−8.65%) |
Aug 6, 2026 8w ago | Insider Cluster | $85.09 $79.90 | ▼ −6.10% | ▼ −6.50% | $72.74 (−14.52%) |
Aug 4, 2026 8w ago | Insider Cluster | $85.86 $79.63 | ▼ −7.26% | ▼ −7.61% | $72.74 (−15.28%) |
Aug 4, 2026 8w ago | 144 | $85.86 $79.63 | ▼ −7.26% | ▼ −7.61% | $72.74 (−15.28%) |
Jul 17, 2026 11w ago | Press Release | $84.10 $80.91 | ▼ −3.79% | ▼ −3.11% | $72.74 (−13.51%) |
Jul 17, 2026 11w ago | Insider Cluster | $84.10 $80.91 | ▲ +3.79% | ▲ +3.11% | $72.74 (+13.51%) |
Jul 16, 2026 11w ago | 8-K | $83.48 $80.91 | ▼ −3.08% | ▼ −1.41% | $72.74 (−12.87%) |
US Market Status
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