ThredUp Inc. (NASDAQ:TDUP) Director Sells $49,212.50 in Stock

Posted by Latisha Jones on Feb 13th, 2025

ThredUp Inc. (NASDAQ:TDUP – Get Free Report) Director Patricia Nakache sold 19,685 shares of the firm’s stock in a transaction that occurred on Friday, February 7th. The shares were sold at an average price of $2.50, for a total value of $49,212.50. Following the sale, the director now owns 250,956 shares of the company’s stock, valued at approximately $627,390. This trade represents a 7.27 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

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

On Monday, February 10th, Patricia Nakache sold 8,376 shares of ThredUp stock. The shares were sold at an average price of $2.50, for a total value of $20,940.00.
On Wednesday, February 5th, Patricia Nakache sold 420,711 shares of ThredUp stock. The stock was sold at an average price of $2.61, for a total transaction of $1,098,055.71.
On Monday, February 3rd, Patricia Nakache sold 479,861 shares of ThredUp stock. The shares were sold at an average price of $2.30, for a total transaction of $1,103,680.30.
On Friday, January 31st, Patricia Nakache sold 137,076 shares of ThredUp stock. The stock was sold at an average price of $2.22, for a total transaction of $304,308.72.
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 value 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 value 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 stock was 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 shares were sold at an average price of $1.77, for a total value of $73,766.52.

ThredUp Price Performance

TDUP opened at $2.63 on Thursday. The stock’s 50 day moving average price is $1.84 and its 200 day moving average price is $1.27. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.86 and a current ratio of 0.96. ThredUp Inc. has a 12 month low of $0.50 and a 12 month high of $2.69.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. State Street Corp raised its stake in shares of 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 in the last quarter. SG Americas Securities LLC raised its position 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 worth $29,000 after buying an additional 15,850 shares in the last quarter. Sei Investments Co. acquired a new stake in shares of ThredUp in the 2nd quarter worth approximately $37,000. Virtu Financial LLC bought a new position in shares of ThredUp in the fourth quarter valued at approximately $33,000. Finally, Cubist Systematic Strategies LLC acquired a new position in shares of ThredUp during the second quarter valued at approximately $43,000. Institutional investors own 89.08% of the company’s stock.

Analysts Set New Price Targets

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

Read Our Latest Analysis on ThredUp

About ThredUp

(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.