ThredUp Inc. (NASDAQ:TDUP) Director Patricia Nakache Sells 60,274 Shares of Stock

Posted by Joseph Casey on Feb 25th, 2025

ThredUp Inc. (NASDAQ:TDUP – Get Free Report) Director Patricia Nakache sold 60,274 shares of ThredUp stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $2.71, for a total transaction of $163,342.54. Following the completion of the transaction, the director now owns 250,956 shares in the company, valued at approximately $680,090.76. This trade represents a 19.37 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

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

On Tuesday, February 18th, Patricia Nakache sold 315,102 shares of ThredUp stock. The stock was 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 stock was 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 stock was 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 stock was 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 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 stock was 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 value 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 value of $226,613.10.

ThredUp Price Performance

Shares of NASDAQ:TDUP opened at $2.56 on Tuesday. The firm has a market cap of $291.23 million, a price-to-earnings ratio of -4.00 and a beta of 1.75. ThredUp Inc. has a 1 year low of $0.50 and a 1 year high of $2.99. 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 business has a fifty day simple moving average of $2.01 and a 200 day simple moving average of $1.34.

Institutional Investors Weigh In On ThredUp

Hedge funds and other institutional investors have recently made changes to their positions in the company. SG Americas Securities LLC grew its stake in shares of ThredUp by 84.8% in 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 in the last quarter. ProShare Advisors LLC lifted its stake in ThredUp by 49.0% in the fourth quarter. ProShare Advisors LLC now owns 22,150 shares of the company’s stock valued at $31,000 after acquiring an additional 7,287 shares during the last quarter. Virtu Financial LLC bought a new stake in ThredUp in the fourth quarter worth approximately $33,000. Cubist Systematic Strategies LLC acquired a new position in shares of ThredUp during the 4th quarter worth $48,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of ThredUp by 9.4% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 45,671 shares of the company’s stock valued at $63,000 after purchasing an additional 3,908 shares in the last quarter. 89.08% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have commented on TDUP. Needham & Company LLC restated a “hold” rating on shares of ThredUp in a research report on Friday, February 14th. Telsey Advisory Group restated an “outperform” rating and set a $3.00 price target on shares of ThredUp in a report on Monday.

Read Our Latest Research Report on TDUP

About ThredUp

(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.