Patricia Nakache Sells 137,076 Shares of ThredUp Inc. (NASDAQ:TDUP) Stock

Posted by Micah Haroldson on Feb 2nd, 2025

ThredUp Inc. (NASDAQ:TDUP – Get Free Report) Director Patricia Nakache sold 137,076 shares of the stock in a transaction on Friday, January 31st. The stock was sold at an average price of $2.22, for a total transaction of $304,308.72. Following the transaction, the director now owns 250,956 shares of the company’s stock, valued at $557,122.32. The trade was a 35.33 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

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

On Wednesday, January 29th, Patricia Nakache sold 34,798 shares of ThredUp stock. The stock was 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 shares were 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 shares were 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 value of $441,461.62.
On Tuesday, January 14th, Patricia Nakache sold 625,498 shares of ThredUp stock. The shares were 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 transaction of $73,766.52.
On Wednesday, December 4th, Patricia Nakache sold 4,600 shares of ThredUp stock. The shares were sold at an average price of $1.77, for a total transaction of $8,142.00.
On Monday, December 2nd, Patricia Nakache sold 54,801 shares of ThredUp stock. The shares were sold at an average price of $1.78, for a total transaction of $97,545.78.
On Friday, November 29th, Patricia Nakache sold 200 shares of ThredUp stock. The stock was sold at an average price of $1.77, for a total value of $354.00.

ThredUp Price Performance

Shares of NASDAQ TDUP opened at $2.19 on Friday. The firm has a market cap of $249.13 million, a P/E ratio of -3.42 and a beta of 1.66. The business’s 50 day moving average is $1.70 and its 200-day moving average is $1.24. 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 Inc. has a 1-year low of $0.50 and a 1-year high of $2.45.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on TDUP. Telsey Advisory Group boosted their target price on ThredUp from $2.00 to $3.00 and gave the stock an “outperform” rating in a report on Wednesday, January 15th. Needham & Company LLC reiterated a “hold” rating on shares of ThredUp in a report on Tuesday, January 14th.

Check Out Our Latest Analysis on TDUP

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. State Street Corp boosted its position in shares of ThredUp by 0.9% in the third quarter. State Street Corp now owns 1,443,177 shares of the company’s stock valued at $1,215,000 after acquiring an additional 12,984 shares during the period. SG Americas Securities LLC boosted its holdings in 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 purchasing an additional 15,850 shares during the period. Sei Investments Co. acquired a new position in shares of ThredUp during the 2nd quarter worth approximately $37,000. Cubist Systematic Strategies LLC bought a new position in shares of ThredUp during the second quarter worth approximately $43,000. Finally, Creekside Partners acquired a new stake in shares of ThredUp in the second quarter valued at approximately $51,000. Institutional investors own 89.08% of the company’s stock.

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.