ThredUp Inc. (NASDAQ:TDUP – Get Free Report) Director Patricia Nakache sold 187,179 shares of the company’s stock in a transaction that occurred on Thursday, April 17th. The stock was sold at an average price of $3.30, for a total transaction of $617,690.70. Following the sale, the director now directly owns 250,956 shares of the company’s stock, valued at approximately $828,154.80. This trade represents a 42.72 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
Patricia Nakache also recently made the following trade(s):
- On Tuesday, April 15th, Patricia Nakache sold 271,762 shares of ThredUp stock. The stock was sold at an average price of $3.43, for a total value of $932,143.66.
- On Thursday, March 20th, Patricia Nakache sold 91,070 shares of ThredUp stock. The shares were sold at an average price of $2.48, for a total value of $225,853.60.
- On Tuesday, March 18th, Patricia Nakache sold 49,007 shares of ThredUp stock. The stock was 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 transaction 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 transaction of $94,413.62.
- On Wednesday, February 12th, Patricia Nakache sold 86,777 shares of ThredUp stock. The stock was sold at an average price of $2.51, for a total transaction 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.
ThredUp Trading Up 1.2 %
Shares of TDUP traded up $0.04 during trading hours on Thursday, hitting $3.32. 930,664 shares of the stock were exchanged, compared to its average volume of 813,459. ThredUp Inc. has a fifty-two week low of $0.50 and a fifty-two week high of $3.54. The business has a 50-day moving average of $2.65 and a 200-day moving average of $1.82. The firm has a market capitalization of $385.77 million, a P/E ratio of -5.19 and a beta of 1.64. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.96 and a quick ratio of 0.86.
Wall Street Analyst Weigh In
View Our Latest Stock Report on TDUP
Institutional Inflows and Outflows
Several hedge funds have recently made changes to their positions in TDUP. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in ThredUp by 9.4% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 45,671 shares of the company’s stock worth $63,000 after purchasing an additional 3,908 shares during the period. ProShare Advisors LLC lifted its position in shares of ThredUp by 49.0% during the 4th 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 period. CHICAGO TRUST Co NA acquired a new stake in ThredUp in the first quarter worth $30,000. State Street Corp raised its holdings in shares of ThredUp by 0.9% during the third quarter. State Street Corp now owns 1,443,177 shares of the company’s stock valued at $1,215,000 after purchasing an additional 12,984 shares during the period. Finally, Wells Fargo & Company MN boosted its position in shares of ThredUp by 32.1% during the 4th quarter. Wells Fargo & Company MN now owns 57,426 shares of the company’s stock worth $80,000 after purchasing an additional 13,941 shares in the last quarter. 89.08% of the stock is owned by institutional investors.
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.
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