Patricia Nakache Sells 420,711 Shares of ThredUp Inc. (NASDAQ:TDUP) Stock

Posted by Editorial Team on Feb 6th, 2025

ThredUp Inc. (NASDAQ:TDUP – Get Free Report) Director Patricia Nakache sold 420,711 shares of the company’s stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of $2.61, for a total transaction of $1,098,055.71. Following the transaction, the director now owns 250,956 shares in the company, valued at approximately $654,995.16. The trade was a 62.64 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

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

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 stock was 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 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 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 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 transaction of $73,766.52.
On Wednesday, December 4th, Patricia Nakache sold 4,600 shares of ThredUp stock. The stock was 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.

ThredUp Price Performance

Shares of TDUP traded up $0.09 during trading hours on Wednesday, reaching $2.63. 1,379,469 shares of the company’s stock traded hands, compared to its average volume of 1,461,173. 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’s 50 day simple moving average is $1.73 and its 200-day simple moving average is $1.24. The stock has a market cap of $299.19 million, a PE ratio of -4.11 and a beta of 1.75. ThredUp Inc. has a 12 month low of $0.50 and a 12 month high of $2.68.

Hedge Funds Weigh In On ThredUp

A number of institutional investors have recently made changes to their positions in TDUP. Sei Investments Co. purchased a new position in ThredUp in the second quarter worth $37,000. Cubist Systematic Strategies LLC bought a new stake in shares of ThredUp in the 2nd quarter worth approximately $43,000. SG Americas Securities LLC boosted its position in ThredUp by 84.8% during the third 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 during the period. Barclays PLC grew its position in ThredUp by 278.7% during the 3rd quarter. Barclays PLC now owns 104,018 shares of the company’s stock worth $87,000 after acquiring an additional 76,553 shares during the last quarter. Finally, Simplicity Wealth LLC bought a new position in shares of ThredUp in the third quarter worth approximately $97,000. Institutional investors own 89.08% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on the company. Needham & Company LLC reaffirmed a “hold” rating on shares of ThredUp in a report on Tuesday, January 14th. Telsey Advisory Group upped their price target on ThredUp from $2.00 to $3.00 and gave the company an “outperform” rating in a research report on Wednesday, January 15th.

Read Our Latest Analysis 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.