ThredUp Inc. (NASDAQ:TDUP – Free Report) – Stock analysts at William Blair issued their FY2026 EPS estimates for shares of ThredUp in a research note issued to investors on Wednesday, January 15th. William Blair analyst D. Carden forecasts that the company will post earnings of ($0.40) per share for the year. The consensus estimate for ThredUp’s current full-year earnings is ($0.62) per share.
Other analysts have also recently issued research reports about the stock. Telsey Advisory Group upped their price objective on shares of ThredUp from $2.00 to $3.00 and gave the company an “outperform” rating in a research note on Wednesday. Needham & Company LLC restated a “hold” rating on shares of ThredUp in a research report on Tuesday.
ThredUp Price Performance
Shares of NASDAQ TDUP opened at $2.26 on Thursday. The firm has a 50-day simple moving average of $1.40 and a 200-day simple moving average of $1.20. 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 has a 52 week low of $0.50 and a 52 week high of $2.42.
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the stock. Bank of New York Mellon Corp raised its stake in shares of ThredUp by 8.2% in the 2nd quarter. Bank of New York Mellon Corp now owns 274,799 shares of the company’s stock valued at $467,000 after acquiring an additional 20,933 shares during the period. Rhumbline Advisers increased its holdings in ThredUp by 6.5% in the 2nd quarter. Rhumbline Advisers now owns 105,057 shares of the company’s stock valued at $179,000 after purchasing an additional 6,421 shares during the last quarter. Renaissance Technologies LLC raised its position in ThredUp by 26.0% in the second quarter. Renaissance Technologies LLC now owns 444,412 shares of the company’s stock valued at $756,000 after purchasing an additional 91,708 shares during the period. Blair William & Co. IL lifted its stake in ThredUp by 285.0% during the second quarter. Blair William & Co. IL now owns 911,652 shares of the company’s stock worth $1,550,000 after purchasing an additional 674,852 shares in the last quarter. Finally, Sei Investments Co. acquired a new position in ThredUp during the second quarter worth $37,000. Hedge funds and other institutional investors own 89.08% of the company’s stock.
Insider Activity
In other news, Director Patricia Nakache sold 41,676 shares of the firm’s stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of $1.77, for a total transaction of $73,766.52. Following the completion of the sale, the director now owns 250,956 shares in the company, valued at $444,192.12. This trade represents a 14.24 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Daniel J. Nova purchased 45,191 shares of ThredUp stock in a transaction dated Thursday, November 14th. The shares were purchased at an average cost of $0.97 per share, for a total transaction of $43,835.27. Following the transaction, the director now owns 54,112 shares in the company, valued at approximately $52,488.64. This trade represents a 506.57 % increase in their position. The disclosure for this purchase can be found here. In the last quarter, insiders have bought 214,797 shares of company stock valued at $264,905 and have sold 101,277 shares valued at $179,808. Corporate insiders own 34.42% of the company’s stock.
ThredUp Company Profile
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.
Featured Articles
- Five stocks we like better than ThredUp
- How to Use the MarketBeat Excel Dividend Calculator
- D-Wave’s Stock Springs Back in the Quantum Computing Race
- Golden Cross Stocks: Pattern, Examples and Charts
- 2 Top ETFs to Profit From the Natural Gas Price Surge
- 3 Stocks to Consider Buying in October
- Penny Stock BranchOut Food: Why It Won’t Stay Cheap for Long
Receive News & Ratings for ThredUp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ThredUp and related companies with MarketBeat.com's FREE daily email newsletter.