ThredUp Inc. (NASDAQ:TDUP) Director Patricia Nakache Sells 8,376 Shares of Stock

Posted by Anthony Miller on Feb 11th, 2025

ThredUp Inc. (NASDAQ:TDUP – Get Free Report) Director Patricia Nakache sold 8,376 shares of the company’s stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $2.50, for a total transaction of $20,940.00. Following the sale, the director now directly owns 250,956 shares in the company, valued at $627,390. This trade represents a 3.23 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

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

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 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 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 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 stock was 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 transaction 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 transaction of $1,219,721.10.
On Monday, December 9th, Patricia Nakache sold 41,676 shares of ThredUp stock. The stock was sold at an average price of $1.77, for a total value of $73,766.52.

ThredUp Stock Up 0.8 %

Shares of NASDAQ TDUP opened at $2.49 on Tuesday. The firm has a fifty day simple moving average of $1.80 and a two-hundred day simple moving average of $1.26. ThredUp Inc. has a 12 month low of $0.50 and a 12 month high of $2.69. 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 firm has a market capitalization of $283.26 million, a PE ratio of -3.89 and a beta of 1.75.

Analyst Ratings Changes

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

Get Our Latest Stock Report on ThredUp

Hedge Funds Weigh In On ThredUp

Institutional investors have recently bought and sold shares of the stock. SG Americas Securities LLC boosted 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 valued at $29,000 after acquiring an additional 15,850 shares in the last quarter. Sei Investments Co. purchased a new position in shares of ThredUp in the 2nd quarter valued at approximately $37,000. Cubist Systematic Strategies LLC purchased a new position in shares of ThredUp in the 2nd quarter valued at approximately $43,000. Barclays PLC boosted its position in shares of ThredUp by 278.7% during the third quarter. Barclays PLC now owns 104,018 shares of the company’s stock valued at $87,000 after purchasing an additional 76,553 shares in the last quarter. Finally, Simplicity Wealth LLC purchased a new stake in ThredUp in the third quarter worth $97,000. 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.