ThredUp Inc. (NASDAQ:TDUP) Director Patricia Nakache Sells 19,685 Shares

Posted by Stuart Ham on Feb 12th, 2025

ThredUp Inc. (NASDAQ:TDUP – Get Free Report) Director Patricia Nakache sold 19,685 shares of the business’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 transaction of $49,212.50. Following the transaction, the director now directly owns 250,956 shares of the company’s stock, valued at approximately $627,390. This represents a 7.27 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

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 transaction of $20,940.00.
On Wednesday, February 5th, Patricia Nakache sold 420,711 shares of ThredUp stock. The shares were 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 shares were 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 shares were 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 shares were 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 transaction 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 transaction 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 transaction of $73,766.52.

ThredUp Trading Up 4.0 %

Shares of TDUP opened at $2.59 on Wednesday. The firm has a market cap of $294.64 million, a price-to-earnings ratio of -4.05 and a beta of 1.75. 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 fifty-two week low of $0.50 and a fifty-two week high of $2.69. The firm has a 50 day moving average price of $1.82 and a 200-day moving average price of $1.26.

Institutional Investors Weigh In On ThredUp

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. State Street Corp raised its holdings in ThredUp by 0.9% during 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 during the last quarter. SG Americas Securities LLC raised its holdings in 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 buying an additional 15,850 shares during the last quarter. Sei Investments Co. bought a new stake in ThredUp during the 2nd quarter valued at $37,000. Virtu Financial LLC bought a new stake in ThredUp during the 4th quarter valued at $33,000. Finally, Cubist Systematic Strategies LLC bought a new stake in ThredUp during the 2nd quarter valued at $43,000. 89.08% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

TDUP has been the subject of a number of recent research reports. Needham & Company LLC restated a “hold” rating on shares of ThredUp in a report on Tuesday, January 14th. Telsey Advisory Group boosted 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.

View Our Latest Stock Analysis 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.