Significant Insider Selling in Shares of Etsy (ETSY) Continues

Monday, March 05, 2018 10:15 PM ET

Significant Insider Selling in Shares of Etsy (ETSY) Continues

An insider sold 50,000 shares of Etsy having a market value of approximately $1,250,000 today, as disclosed in a form 4 document filed with the SEC. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the sale of 50,000 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 100,000 shares and have averaged 50,000 shares per transaction over this time period.

Over the last 90 days, the number of insider buy/sell trades at Etsy is higher than its 7-company peer group average. The Department Stores peer group saw 2 buy/sell trades during this period for an average of 0.3 transactions per company. However, the number of shares traded per transaction by Etsy insiders is lower than its peers. Within the peer group there were 32,458,932 shares purchased and 50,000 shares sold with company insiders having bought 16,204,466 shares on average over this time period.

In order to focus on significant insider buying and selling activity, all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers has been eliminated data sourced to create and write this story.

Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

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