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

Posted by Liza Goodheart on Feb 6th, 2025

ThredUp Inc. (NASDAQ:TDUP – Get Free Report) Director Patricia Nakache sold 420,711 shares of the business’s stock in a transaction that occurred on Wednesday, February 5th. The stock was sold at an average price of $2.61, for a total value of $1,098,055.71. Following the sale, the director now owns 250,956 shares of the company’s stock, valued at $654,995.16. The trade was a 62.64 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

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

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 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 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 transaction of $226,613.10.
On Tuesday, January 21st, Patricia Nakache sold 167,031 shares of ThredUp stock. The stock was 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 shares were 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 value 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 value 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 Stock Up 3.5 %

Shares of TDUP opened at $2.63 on Thursday. ThredUp Inc. has a fifty-two week low of $0.50 and a fifty-two week high of $2.68. The company has a quick ratio of 0.86, a current ratio of 0.96 and a debt-to-equity ratio of 0.28. The firm’s 50 day moving average price is $1.76 and its 200 day moving average price is $1.25.

Analyst Upgrades and Downgrades

TDUP has been the subject of several research reports. Needham & Company LLC reiterated a “hold” rating on shares of ThredUp in a report on Tuesday, January 14th. Telsey Advisory Group lifted their price objective on ThredUp from $2.00 to $3.00 and gave the company an “outperform” rating in a research note on Wednesday, January 15th.

View Our Latest Analysis on ThredUp

Institutional Trading of ThredUp

A number of large investors have recently modified their holdings of the stock. SG Americas Securities LLC grew its stake in ThredUp by 84.8% during the 3rd quarter. SG Americas Securities LLC now owns 34,543 shares of the company’s stock worth $29,000 after purchasing an additional 15,850 shares in the last quarter. State Street Corp boosted its stake in shares of ThredUp by 0.9% in the 3rd quarter. State Street Corp now owns 1,443,177 shares of the company’s stock valued at $1,215,000 after buying an additional 12,984 shares during the period. Sei Investments Co. acquired a new position in shares of ThredUp during the second quarter worth about $37,000. Barclays PLC increased its stake in shares of ThredUp by 278.7% during the third quarter. Barclays PLC now owns 104,018 shares of the company’s stock worth $87,000 after buying an additional 76,553 shares during the period. Finally, Geode Capital Management LLC increased its stake in shares of ThredUp by 4.1% during the third quarter. Geode Capital Management LLC now owns 1,889,294 shares of the company’s stock worth $1,591,000 after buying an additional 74,334 shares during the period. Hedge funds and other institutional investors own 89.08% of the company’s stock.

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.