ETSY ETSY INC

Did the company actually spend money buying back stock in 3+ of the last 4 quarters?

Bought back stock in 4/4 quarters. Q1 2026: $189M, Q3 2025: $156M, Q2 2025: $150M, Q1 2025: $158M

Is the most recent quarter's buyback spend more than 15% above the trailing average?

Latest quarter $189M vs trailing avg $155M (+22%)

What percentage of free cash flow is going to buybacks? Bull: 30%+. Bear: negative FCF or no buybacks.

Negative FCF ($-271M), buybacks not supported by cash flow

How fast are they shrinking the float? Bull: 2%+ annually. Bear: under 0.5%.

Missing shares repurchased or outstanding data

Are officers and directors buying stock with their own money on the open market?

No insider open-market purchases in the last 12 months

Are both company buybacks and insider buying independently active? Bull when the company is buying back stock in 2+ quarters and insiders have made 2+ open-market purchases.

Need both buyback and insider purchase data

Over the last 90 days, are insiders net buyers or net sellers on the open market?

Insiders bought $0M, sold $18M in the last 90 days (net selling)

Active buyback + insiders net selling 3x+ more than buying. Company cash may be supporting price while insiders exit.

Company buying back stock while insiders sold 74060826.9x more than bought. 7 C-suite officers among sellers

• Colburn Richard Edward III (Chief Product & Tech Officer) sold 4,776 shares on 2026-05-04
• Baker Charles (Chief Financial Officer) sold 1,703 shares on 2026-05-05
• Baker Charles (Chief Financial Officer) sold 327 shares on 2026-05-05
• Buckley Merilee (CHIEF ACCOUNTING OFFICER) sold 1,184 shares on 2026-04-06
• Buckley Merilee (CHIEF ACCOUNTING OFFICER) sold 687 shares on 2026-04-06
• Buckley Merilee (CHIEF ACCOUNTING OFFICER) sold 122 shares on 2026-04-06
• Baker Charles (Chief Financial Officer) sold 23 shares on 2026-02-24
• Baker Charles (Chief Financial Officer) sold 7,615 shares on 2026-02-24
• Colburn Richard Edward III (Chief Product & Tech Officer) sold 2,500 shares on 2026-02-23
• Buckley Merilee (CHIEF ACCOUNTING OFFICER) sold 1,653 shares on 2026-01-05