ThredUp Inc. (NASDAQ:TDUP - Get Free Report) Director Patricia Nakache sold 41,676 shares of the business's stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of $1.77, for a total transaction of $73,766.52. Following the sale, the director now owns 250,956 shares in the company, valued at $444,192.12. This represents a 14.24 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Patricia Nakache also recently made the following trade(s):
- 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 shares were sold at an average price of $1.77, for a total transaction of $354.00.
ThredUp Stock Performance
TDUP stock opened at $1.80 on Thursday. 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 company has a market capitalization of $204.76 million, a price-to-earnings ratio of -2.81 and a beta of 1.59. ThredUp Inc. has a 12 month low of $0.50 and a 12 month high of $2.60. The firm has a 50 day moving average of $1.06 and a two-hundred day moving average of $1.27.
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Several research firms have weighed in on TDUP. Telsey Advisory Group reiterated an "outperform" rating and issued a $3.00 price objective on shares of ThredUp in a research note on Tuesday, October 29th. Needham & Company LLC reiterated a "hold" rating on shares of ThredUp in a research note on Wednesday, October 23rd. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $3.40.
Read Our Latest Analysis on ThredUp
Institutional Trading of ThredUp
Large investors have recently modified their holdings of the company. Price T Rowe Associates Inc. MD boosted its holdings in shares of ThredUp by 33.6% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 22,381 shares of the company's stock worth $45,000 after buying an additional 5,635 shares during the period. Rhumbline Advisers boosted its holdings in shares of ThredUp by 6.5% during the 2nd quarter. Rhumbline Advisers now owns 105,057 shares of the company's stock worth $179,000 after buying an additional 6,421 shares during the period. State Street Corp boosted its holdings in shares of ThredUp by 0.9% during the 3rd quarter. State Street Corp now owns 1,443,177 shares of the company's stock worth $1,215,000 after buying an additional 12,984 shares during the period. Diversified Trust Co boosted its holdings in shares of ThredUp by 117.3% during the 2nd quarter. Diversified Trust Co now owns 28,111 shares of the company's stock worth $48,000 after buying an additional 15,175 shares during the period. Finally, SG Americas Securities LLC boosted its holdings in shares of 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 buying an additional 15,850 shares during the period. 89.08% of the stock is owned by institutional investors.
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.
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