ThredUp Inc. (NASDAQ:TDUP) Director Patricia Nakache Sells 315,102 Shares

Posted by Alphonse Anthony on Feb 20th, 2025

ThredUp Inc. (NASDAQ:TDUP – Get Free Report) Director Patricia Nakache sold 315,102 shares of the firm’s stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $2.87, for a total value of $904,342.74. Following the sale, the director now owns 250,956 shares of the company’s stock, valued at approximately $720,243.72. This trade represents a 55.67 % 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 Friday, February 14th, Patricia Nakache sold 35,098 shares of ThredUp stock. The shares were sold at an average price of $2.69, for a total value of $94,413.62.
On Wednesday, February 12th, Patricia Nakache sold 86,777 shares of ThredUp stock. The stock was sold at an average price of $2.51, for a total transaction of $217,810.27.
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 transaction of $20,940.00.
On Friday, February 7th, Patricia Nakache sold 19,685 shares of ThredUp stock. The stock was sold at an average price of $2.50, for a total transaction of $49,212.50.
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 value 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 value 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 value 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 transaction of $226,613.10.
On Tuesday, January 21st, Patricia Nakache sold 167,031 shares of ThredUp stock. The shares were sold at an average price of $2.26, for a total transaction of $377,490.06.

ThredUp Price Performance

NASDAQ TDUP opened at $2.81 on Thursday. The company has a 50-day moving average price of $1.94 and a two-hundred day moving average price of $1.30. The stock has a market cap of $319.67 million, a price-to-earnings ratio of -4.39 and a beta of 1.75. The company has a current ratio of 0.96, a quick ratio of 0.86 and a debt-to-equity ratio of 0.28. ThredUp Inc. has a 52 week low of $0.50 and a 52 week high of $2.99.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the stock. Telsey Advisory Group raised their target price on shares of ThredUp from $2.00 to $3.00 and gave the stock an “outperform” rating in a report on Wednesday, January 15th. Needham & Company LLC restated a “hold” rating on shares of ThredUp in a research report on Friday, February 14th.

Get Our Latest Report on ThredUp

Hedge Funds Weigh In On ThredUp

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in ThredUp by 9.4% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 45,671 shares of the company’s stock worth $63,000 after acquiring an additional 3,908 shares during the period. ProShare Advisors LLC lifted its holdings in ThredUp by 49.0% in the fourth quarter. ProShare Advisors LLC now owns 22,150 shares of the company’s stock worth $31,000 after purchasing an additional 7,287 shares during the period. State Street Corp grew its position in ThredUp by 0.9% in the 3rd quarter. State Street Corp now owns 1,443,177 shares of the company’s stock valued at $1,215,000 after buying an additional 12,984 shares in the last quarter. Wells Fargo & Company MN increased its stake in ThredUp by 32.1% during the 4th quarter. Wells Fargo & Company MN now owns 57,426 shares of the company’s stock valued at $80,000 after buying an additional 13,941 shares during the period. Finally, Barclays PLC raised its position in shares of ThredUp by 14.7% during the 4th quarter. Barclays PLC now owns 119,325 shares of the company’s stock worth $166,000 after buying an additional 15,307 shares in the last quarter. 89.08% of the stock is owned by institutional investors.

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.