ThredUp Inc. (NASDAQ:TDUP) Director Sells $225,853.60 in Stock

Posted by Stephan Jacobs on Mar 23rd, 2025

ThredUp Inc. (NASDAQ:TDUP – Get Free Report) Director Patricia Nakache sold 91,070 shares of ThredUp stock in a transaction dated Thursday, March 20th. The stock was sold at an average price of $2.48, for a total value of $225,853.60. Following the sale, the director now directly owns 250,956 shares in the company, valued at approximately $622,370.88. The trade was a 26.63 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

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

On Tuesday, March 18th, Patricia Nakache sold 49,007 shares of ThredUp stock. The shares were sold at an average price of $2.24, for a total value of $109,775.68.
On Thursday, February 20th, Patricia Nakache sold 60,274 shares of ThredUp stock. The shares were sold at an average price of $2.71, for a total value of $163,342.54.
On Tuesday, February 18th, Patricia Nakache sold 315,102 shares of ThredUp stock. The shares were sold at an average price of $2.87, for a total value of $904,342.74.
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 shares were sold at an average price of $2.51, for a total value 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 value of $20,940.00.
On Friday, February 7th, Patricia Nakache sold 19,685 shares of ThredUp stock. The shares were sold at an average price of $2.50, for a total value of $49,212.50.
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 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 shares were sold at an average price of $2.22, for a total value of $304,308.72.

ThredUp Stock Performance

Shares of NASDAQ TDUP opened at $2.56 on Friday. The company has a current ratio of 0.96, a quick ratio of 0.86 and a debt-to-equity ratio of 0.28. The stock has a 50 day simple moving average of $2.37 and a 200-day simple moving average of $1.55. The company has a market cap of $297.46 million, a PE ratio of -4.00 and a beta of 1.73. ThredUp Inc. has a 12-month low of $0.50 and a 12-month high of $2.99.

Wall Street Analyst Weigh In

TDUP has been the subject of a number of research reports. Needham & Company LLC restated a “hold” rating on shares of ThredUp in a research note on Tuesday, March 4th. Telsey Advisory Group restated an “outperform” rating and issued a $3.00 target price on shares of ThredUp in a research note on Tuesday, March 4th.

Check Out Our Latest Research Report on TDUP

Hedge Funds Weigh In On ThredUp

Several hedge funds and other institutional investors have recently made changes to their positions in TDUP. Marshall Wace LLP boosted its position in shares of ThredUp by 134.5% during the fourth quarter. Marshall Wace LLP now owns 1,521,138 shares of the company’s stock worth $2,114,000 after buying an additional 872,357 shares during the period. BloombergSen Inc. boosted its position in shares of ThredUp by 278.9% during the fourth quarter. BloombergSen Inc. now owns 639,548 shares of the company’s stock worth $889,000 after buying an additional 470,768 shares during the period. Renaissance Technologies LLC lifted its position in ThredUp by 75.2% in the fourth quarter. Renaissance Technologies LLC now owns 978,745 shares of the company’s stock worth $1,360,000 after purchasing an additional 420,012 shares during the period. Needham Investment Management LLC lifted its position in ThredUp by 7.2% in the third quarter. Needham Investment Management LLC now owns 6,200,000 shares of the company’s stock worth $5,220,000 after purchasing an additional 415,000 shares during the period. Finally, Arrowstreet Capital Limited Partnership acquired a new stake in ThredUp in the fourth quarter worth approximately $521,000. 89.08% of the stock is currently owned by institutional investors and hedge funds.

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.