Polen Capital Management LLC increases Etsy, Inc. (NASDAQ:ETSY) stock holdings.: Polen Capital Etsy Stock – Grows Stock Holdings

1. Polen Capital Etsy investment
2. Polen Capital stock holdings
3. Etsy Inc. stock growth

Polen Capital Management LLC increased its position in Etsy, Inc. (NASDAQ:ETSY) by 83.3% during the 4th quarter, holding 34,322 shares worth $2,782,000. Other hedge funds also adjusted their positions in the company. Insider activity includes CAO Merilee Buckley selling shares. Wall Street analysts have varied opinions on ETSY, with an average rating of “Hold” and a consensus price target of $79.96. Etsy stock decreased by 2.1% recently. The company reported quarterly earnings below estimates. Etsy operates online marketplaces connecting buyers and sellers globally. For more insights on ETSY and other top-rated stocks, check out MarketBeat’s latest research report.

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Polen Capital Management LLC has been making significant moves in its investment strategy, particularly in the specialty retailer Etsy, Inc. (NASDAQ:ETSY). In the 4th quarter, the firm raised its position in Etsy by an impressive 83.3%, showcasing its confidence in the company’s potential. This move saw Polen Capital Management LLC acquire 34,322 shares of Etsy, valued at $2,782,000 by the end of the reporting period. This increase in holdings reflects the firm’s belief in the growth prospects of Etsy and its position in the market.

The confidence in Etsy is not limited to Polen Capital Management LLC, as other hedge funds have also shown interest in the specialty retailer. Capital International Investors, for example, raised its stake in Etsy by 0.6% in the fourth quarter, now owning 8,175,260 shares worth $662,605,000. Similarly, Van ECK Associates Corp increased its stake by 26.5%, Bares Capital Management Inc. by 0.9%, Artisan Partners Limited Partnership by 2.0%, and TD Asset Management Inc by a significant 260.2%. These moves by various hedge funds indicate a positive sentiment towards Etsy’s future performance.

Insider activity at Etsy has also been noteworthy, with CAO Merilee Buckley selling shares of the stock in recent transactions. This activity, along with other insider transactions, provides insights into the company’s performance and prospects. Additionally, Wall Street analysts have been closely monitoring Etsy, with various research reports offering insights into the stock’s performance and potential. Despite some recent adjustments in price targets and ratings, analysts continue to closely watch Etsy’s trajectory in the market.

On the market front, Etsy’s stock experienced a slight decline of 2.1%, trading at $58.87 during midday trading. The company’s market cap, P/E ratio, and other key metrics position it as a significant player in the specialty retail sector. Etsy’s recent earnings report showcased both strengths and areas for improvement, with analysts closely monitoring its performance in the coming quarters.

Etsy, Inc. operates online marketplaces that connect buyers and sellers, offering a platform for artisans and entrepreneurs to showcase their products. With subsidiaries like Reverb, Depop, and Elo7, Etsy has established a strong presence in various markets. The company’s profile and market positioning make it an attractive investment opportunity for many investors.

In conclusion, the growth in stock holdings by Polen Capital Management LLC and other hedge funds, coupled with insider activity and analyst reports, indicate a positive outlook for Etsy, Inc. Despite market fluctuations, Etsy’s position in the specialty retail sector remains strong, offering potential for growth and value for investors. As the company continues to navigate market dynamics, investors will be keenly watching its performance and trajectory in the coming months.