The insider sales are too small to signal a bearish view. Monitor ETSY's next quarterly filing for any fundamental changes. The cashless exercise pattern is routine for directors with options.
Price Chart
Executive Summary
Two ETSY insiders sold a total of $3.14M in shares over a 7-day window, but the sales represent just 0.04% of the $7.6B market cap, making them trivial. Director Josh Silverman's sale was a cashless exercise-and-sell of acquired options, while the CAO's $42K sale is routine. No material insider signal emerges.
Key Financial Metrics
Key Facts
- Director Josh Silverman sold 39,161 shares at $79.00 ($3.09M) on 2026-07-10 after exercising derivatives at $10.62/share.
- Chief Accounting Officer Merilee Buckley sold 564 shares at $75.09 ($42K) on 2026-07-06.
- Total insider sales of $3.14M equal ~0.04% of ETSY's $7.6B market cap — well below the 0.1% materiality threshold.
- No open-market purchases occurred in the cluster window.
Financial Impact
Total insider sales of $3.14M, economically insignificant relative to $7.6B market cap
Risk Factors
- Small insider sales do not preclude larger, more informative sales post-cluster.
- No bullish signal from insider buying to offset the sell-side activity.
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-1784102752087 |
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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