ThredUp Inc. (NASDAQ:TDUP – Free Report) – Equities research analysts at William Blair issued their FY2026 earnings estimates for shares of ThredUp in a research note issued on Wednesday, January 15th. William Blair analyst D. Carden forecasts that the company will post earnings of ($0.40) per share for the year. The consensus estimate for ThredUp’s current full-year earnings is ($0.62) per share.
Other equities analysts have also issued research reports about the company. Telsey Advisory Group raised their target price on ThredUp from $2.00 to $3.00 and gave the stock an “outperform” rating in a research note on Wednesday. Needham & Company LLC restated a “hold” rating on shares of ThredUp in a research note on Tuesday.
ThredUp Trading Up 19.6 %
NASDAQ TDUP opened at $2.26 on Thursday. ThredUp has a 12-month low of $0.50 and a 12-month high of $2.42. The company has a fifty day simple moving average of $1.40 and a two-hundred day simple moving average of $1.20. The company has a quick ratio of 0.86, a current ratio of 0.96 and a debt-to-equity ratio of 0.28.
Insider Buying and Selling
In other ThredUp news, Director Patricia Nakache sold 41,676 shares of the company’s stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $1.77, for a total value of $73,766.52. Following the sale, the director now owns 250,956 shares in the company, valued at approximately $444,192.12. This represents a 14.24 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Daniel J. Nova acquired 45,191 shares of the company’s stock in a transaction dated Thursday, November 14th. The shares were purchased at an average cost of $0.97 per share, for a total transaction of $43,835.27. Following the purchase, the director now directly owns 54,112 shares in the company, valued at approximately $52,488.64. This trade represents a 506.57 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last 90 days, insiders acquired 214,797 shares of company stock valued at $264,905 and sold 101,277 shares valued at $179,808. 34.42% of the stock is currently owned by corporate insiders.
Institutional Trading of ThredUp
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Bank of New York Mellon Corp raised its position in shares of ThredUp by 8.2% in the second quarter. Bank of New York Mellon Corp now owns 274,799 shares of the company’s stock worth $467,000 after acquiring an additional 20,933 shares during the period. Rhumbline Advisers raised its holdings in ThredUp by 6.5% in the 2nd quarter. Rhumbline Advisers now owns 105,057 shares of the company’s stock worth $179,000 after purchasing an additional 6,421 shares during the period. Renaissance Technologies LLC raised its holdings in ThredUp by 26.0% in the 2nd quarter. Renaissance Technologies LLC now owns 444,412 shares of the company’s stock worth $756,000 after purchasing an additional 91,708 shares during the period. Blair William & Co. IL boosted its position in ThredUp by 285.0% during the second quarter. Blair William & Co. IL now owns 911,652 shares of the company’s stock worth $1,550,000 after purchasing an additional 674,852 shares in the last quarter. Finally, Sei Investments Co. acquired a new stake in ThredUp in the second quarter valued at approximately $37,000. Institutional investors and hedge funds own 89.08% of the company’s stock.
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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