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Great Lakes Advisors bought $1.89M in Etsy stock amid strong earnings and a share buyback.
Great Lakes Advisors LLC bought $1.89 million in Etsy stock in Q3, acquiring 28,455 shares.
Etsy reported strong third-quarter results, earning $0.63 per share—$0.06 above estimates—with $678.03 million in revenue, surpassing forecasts.
The company has a $5.21 billion market cap, a forward P/E of 42.59, and a 52-week range of $40.05 to $76.51.
Institutional investors own 99.53% of shares.
Analysts rate Etsy a "hold" on average, with a $63.72 price target.
The company authorized a buyback of up to 14.2% of its shares.
Etsy operates global marketplaces like Etsy.com, Reverb, Depop, and Elo7, focusing on handmade, vintage, and unique goods.
Great Lakes Advisors compró $1.89M en acciones de Etsy en medio de fuertes ganancias y una recompra de acciones.