Monitor for any acceleration in insider selling, especially by C-suite executives, which could signal fading confidence. The post-earnings rally may have created a selling opportunity for insiders, but the small scale suggests no bearish read-through. The Depop sale closing in Q3 2026 remains a key catalyst.
Price Chart
Executive Summary
Two Etsy insiders (Director Silverman and CPTO Colburn) sold a combined ~$5.1M in open-market shares over the past week, following a strong Q1 2026 earnings beat and the announced $1.2B Depop sale to eBay. The sales represent only 0.08% of Etsy's $6.1B market cap—trivial in proportion—and are likely routine profit-taking or diversification after the stock's post-earnings move.
Key Financial Metrics
Key Facts
- Director Josh Silverman sold 74,273 shares on 2026-05-01 at $64.11, totaling ~$4.76M.
- CPTO Richard Colburn sold 4,776 shares on 2026-05-04 at $65.09, totaling ~$311K.
- Total open-market sales in the cluster: ~$5.07M (0.08% of market cap).
- Non-cash transactions included derivative exercises and tax withholding by CFO Baker and CMO Minor.
- Etsy reported strong Q1 2026 results on 2026-04-29: EPS $0.89 vs $0.62 consensus, revenue $631.3M vs $617.3M, and announced the pending sale of Depop for $1.2B.
Financial Impact
Insider sales of $5.07M are immaterial relative to $6.1B market cap; no financial impact from the trades themselves.
Risk Factors
- Further insider selling could emerge if the stock continues to rise, but no material risk from current levels.
- Market may misinterpret the cluster as negative, but the dollar amount is negligible.
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-1778014854596 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 3, 2026 28d ago | Insider Cluster | $76.51 $74.46 | ▼ −2.68% | ▼ −1.47% | $72.71 (−4.97%) |
Aug 19, 2026 6w ago | Insider Cluster | $81.21 $82.94 | ▲ +2.13% | ▲ +1.02% | $72.71 (−10.47%) |
Aug 19, 2026 6w ago | Insider Cluster | $81.21 $82.94 | ▲ +2.13% | ▲ +1.02% | $72.71 (−10.47%) |
Aug 12, 2026 7w ago | Insider Cluster | $79.63 $80.15 | ▲ +0.66% | ▲ +1.10% | $72.71 (−8.69%) |
Aug 6, 2026 8w ago | Insider Cluster | $85.09 $79.90 | ▼ −6.10% | ▼ −6.50% | $72.71 (−14.55%) |
Aug 4, 2026 8w ago | Insider Cluster | $85.86 $79.63 | ▼ −7.26% | ▼ −7.61% | $72.71 (−15.32%) |
Aug 4, 2026 8w ago | 144 | $85.86 $79.63 | ▼ −7.26% | ▼ −7.61% | $72.71 (−15.32%) |
Jul 17, 2026 11w ago | Press Release | $84.10 $80.91 | ▼ −3.79% | ▼ −3.11% | $72.71 (−13.54%) |
Jul 17, 2026 11w ago | Insider Cluster | $84.10 $80.91 | ▲ +3.79% | ▲ +3.11% | $72.71 (+13.54%) |
Jul 16, 2026 11w ago | 8-K | $83.48 $80.91 | ▼ −3.08% | ▼ −1.41% | $72.71 (−12.90%) |
US Market Status
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