Patricia Nakache Sells 19,685 Shares of ThredUp Inc. (NASDAQ:TDUP) Stock

Posted by Jim Brewer on Feb 12th, 2025

ThredUp Inc. (NASDAQ:TDUP – Get Free Report) Director Patricia Nakache sold 19,685 shares of the firm’s stock in a transaction on Friday, February 7th. The stock was sold at an average price of $2.50, for a total transaction of $49,212.50. Following the completion of the sale, the director now owns 250,956 shares of the company’s stock, valued at $627,390. The trade was a 7.27 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

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

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 transaction of $20,940.00.
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 stock was 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 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 stock was sold at an average price of $2.10, for a total transaction 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 transaction of $377,490.06.
On Thursday, January 16th, Patricia Nakache sold 195,337 shares of ThredUp stock. The shares were 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 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 shares were sold at an average price of $1.77, for a total transaction of $73,766.52.

ThredUp Stock Up 4.0 %

TDUP opened at $2.59 on Wednesday. The firm has a market capitalization of $294.64 million, a P/E ratio of -4.05 and a beta of 1.75. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.96 and a quick ratio of 0.86. ThredUp Inc. has a fifty-two week low of $0.50 and a fifty-two week high of $2.69. The company’s 50-day moving average is $1.82 and its 200 day moving average is $1.26.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on TDUP shares. Telsey Advisory Group raised 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, January 15th. Needham & Company LLC reissued a “hold” rating on shares of ThredUp in a research report on Tuesday, January 14th.

Get Our Latest Analysis on TDUP

Institutional Trading of ThredUp

Hedge funds have recently added to or reduced their stakes in the stock. SG Americas Securities LLC raised its position in ThredUp by 84.8% in the third quarter. SG Americas Securities LLC now owns 34,543 shares of the company’s stock worth $29,000 after acquiring an additional 15,850 shares during the period. State Street Corp raised its position in ThredUp by 0.9% in the third quarter. State Street Corp now owns 1,443,177 shares of the company’s stock worth $1,215,000 after acquiring an additional 12,984 shares during the period. Sei Investments Co. bought a new stake in ThredUp in the second quarter worth about $37,000. Barclays PLC increased its stake in shares of ThredUp by 278.7% in the third quarter. Barclays PLC now owns 104,018 shares of the company’s stock worth $87,000 after purchasing an additional 76,553 shares in the last quarter. Finally, Geode Capital Management LLC increased its stake in shares of ThredUp by 4.1% in the third quarter. Geode Capital Management LLC now owns 1,889,294 shares of the company’s stock worth $1,591,000 after purchasing an additional 74,334 shares in the last quarter. 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.