Y Intercept Hong Kong Ltd Lowers Stock Position in Etsy, Inc. $ETSY
Y Intercept Hong Kong Ltd significantly reduced its stake in Etsy, Inc. by 82.8% in the third quarter, selling over 143,000 shares. This comes as Etsy announced strong Q3 earnings, beating analyst estimates, and authorized a $750 million share buyback program. Despite the fund's sell-off, several other institutional investors increased their positions in the company, while analysts maintain a "Hold" rating with a consensus price target of $63.72.
https://www.marketbeat.com/instant-alerts/filing-y-intercept-hong-kong-ltd-lowers-stock-position-in-etsy-inc-etsy-2026-01-29/