ThredUp Inc. (NASDAQ:TDUP) Director Patricia Nakache Sells 137,076 Shares

Posted by Jeff Wilder on Feb 1st, 2025

ThredUp Inc. (NASDAQ:TDUP – Get Free Report) Director Patricia Nakache sold 137,076 shares of the company’s stock in a transaction dated Friday, January 31st. The shares were sold at an average price of $2.22, for a total transaction of $304,308.72. Following the sale, the director now directly owns 250,956 shares of the company’s stock, valued at $557,122.32. This represents a 35.33 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Patricia Nakache also recently made the following trade(s):

On Wednesday, January 29th, Patricia Nakache sold 34,798 shares of ThredUp stock. The stock was sold at an average price of $2.19, for a total transaction of $76,207.62.
On Thursday, January 23rd, Patricia Nakache sold 107,911 shares of ThredUp stock. The shares were sold at an average price of $2.10, for a total transaction of $226,613.10.
On Tuesday, January 21st, Patricia Nakache sold 167,031 shares of ThredUp stock. The stock was sold at an average price of $2.26, for a total transaction of $377,490.06.
On Thursday, January 16th, Patricia Nakache sold 195,337 shares of ThredUp stock. The shares were sold at an average price of $2.26, for a total value of $441,461.62.
On Tuesday, January 14th, Patricia Nakache sold 625,498 shares of ThredUp stock. The shares were sold at an average price of $1.95, for a total value of $1,219,721.10.
On Monday, December 9th, Patricia Nakache sold 41,676 shares of ThredUp stock. The stock was sold at an average price of $1.77, for a total value of $73,766.52.
On Wednesday, December 4th, Patricia Nakache sold 4,600 shares of ThredUp stock. The stock was sold at an average price of $1.77, for a total transaction of $8,142.00.
On Monday, December 2nd, Patricia Nakache sold 54,801 shares of ThredUp stock. The shares were sold at an average price of $1.78, for a total transaction of $97,545.78.
On Friday, November 29th, Patricia Nakache sold 200 shares of ThredUp stock. The shares were sold at an average price of $1.77, for a total transaction of $354.00.

ThredUp Stock Performance

TDUP stock opened at $2.19 on Friday. ThredUp Inc. has a 1 year low of $0.50 and a 1 year high of $2.45. The company has a fifty day simple moving average of $1.70 and a 200 day simple moving average of $1.25. The company has a quick ratio of 0.86, a current ratio of 0.96 and a debt-to-equity ratio of 0.28.

Hedge Funds Weigh In On ThredUp

Several institutional investors have recently bought and sold shares of the stock. SG Americas Securities LLC increased its holdings in shares of ThredUp by 84.8% during the 3rd quarter. SG Americas Securities LLC now owns 34,543 shares of the company’s stock valued at $29,000 after acquiring an additional 15,850 shares during the last quarter. State Street Corp grew its holdings in ThredUp by 0.9% during the third quarter. State Street Corp now owns 1,443,177 shares of the company’s stock valued at $1,215,000 after purchasing an additional 12,984 shares during the last quarter. Sei Investments Co. bought a new position in shares of ThredUp in the second quarter valued at approximately $37,000. Barclays PLC lifted its stake in shares of ThredUp by 278.7% in the third quarter. Barclays PLC now owns 104,018 shares of the company’s stock worth $87,000 after buying an additional 76,553 shares during the last quarter. Finally, Creekside Partners bought a new stake in shares of ThredUp during the 2nd quarter worth $51,000. 89.08% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

TDUP has been the subject of several recent research reports. Needham & Company LLC reiterated a “hold” rating on shares of ThredUp in a report on Tuesday, January 14th. Telsey Advisory Group raised their price target on ThredUp from $2.00 to $3.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 15th.

View Our Latest Report on TDUP

ThredUp Company Profile

(Get Free Report)

ThredUp Inc, together with its subsidiaries, operates an online resale platform in the United States and internationally. Its platform enables consumers to buy and sell primarily secondhand apparel, shoes, and accessories. ThredUp Inc was incorporated in 2009 and is headquartered in Oakland, California.