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

Posted by Steve Fairfield 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 on Friday, January 31st. The stock was sold at an average price of $2.22, for a total value of $304,308.72. Following the sale, the director now owns 250,956 shares of the company’s stock, valued at $557,122.32. This trade represents a 35.33 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed 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 shares were 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 stock was 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 shares were sold at an average price of $2.26, for a total value of $377,490.06.
On Thursday, January 16th, Patricia Nakache sold 195,337 shares of ThredUp stock. The stock was 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.
On Wednesday, December 4th, Patricia Nakache sold 4,600 shares of ThredUp stock. The shares were sold at an average price of $1.77, for a total value 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 value 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 value of $354.00.

ThredUp Stock Performance

Shares of NASDAQ TDUP traded down $0.02 during trading hours on Friday, reaching $2.19. The stock had a trading volume of 800,128 shares, compared to its average volume of 1,472,536. The firm has a market cap of $249.13 million, a price-to-earnings ratio of -3.42 and a beta of 1.66. 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 fifty-two week low of $0.50 and a fifty-two week high of $2.45. The firm has a 50-day moving average of $1.68 and a 200-day moving average of $1.25.

Institutional Trading of ThredUp

Large investors have recently made changes to their positions in the company. Sei Investments Co. acquired a new stake in shares of ThredUp in the 2nd quarter valued at about $37,000. Cubist Systematic Strategies LLC acquired a new stake in ThredUp during the 2nd quarter worth approximately $43,000. Creekside Partners acquired a new stake in ThredUp during the 2nd quarter worth approximately $51,000. SG Americas Securities LLC lifted its position in 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 acquiring an additional 15,850 shares during the period. Finally, Barclays PLC lifted its position in ThredUp by 278.7% during the 3rd quarter. Barclays PLC now owns 104,018 shares of the company’s stock worth $87,000 after acquiring an additional 76,553 shares during the period. 89.08% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on TDUP. Telsey Advisory Group boosted their price objective on ThredUp from $2.00 to $3.00 and gave the company an “outperform” rating in a report on Wednesday, January 15th. Needham & Company LLC restated a “hold” rating on shares of ThredUp in a report on Tuesday, January 14th.

Read Our Latest 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.