Etsy CEO Sells Stock Amid Rising Shares | Business and Finance News

Etsy’s CEO Josh Silverman just cashed in a big chunk of his stock—39,161 shares worth $3.1M—part of a pre-planned, transparent trading strategy to avoid insider trading suspicions. He still owns over 367,000 shares, valued at nearly $30M, representing just under 0.5% of the company. The sale coincides with Etsy’s stock surging 40% in a year, fueled by rising gross merchandise sales, signaling renewed momentum for the online marketplace. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/be7f7dd3684a5010