ThredUp Inc. (NASDAQ:TDUP - Get Free Report) Director Patricia Nakache sold 187,179 shares of ThredUp stock in a transaction that occurred on Thursday, April 17th. The shares were sold at an average price of $3.30, for a total value of $617,690.70. Following the sale, the director now directly owns 250,956 shares in the company, valued at approximately $828,154.80. This trade represents a 42.72 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Patricia Nakache also recently made the following trade(s):
- On Tuesday, April 15th, Patricia Nakache sold 271,762 shares of ThredUp stock. The shares were sold at an average price of $3.43, for a total transaction of $932,143.66.
- On Thursday, March 20th, Patricia Nakache sold 91,070 shares of ThredUp stock. The stock was sold at an average price of $2.48, for a total transaction of $225,853.60.
- On Tuesday, March 18th, Patricia Nakache sold 49,007 shares of ThredUp stock. The shares were sold at an average price of $2.24, for a total transaction of $109,775.68.
- On Thursday, February 20th, Patricia Nakache sold 60,274 shares of ThredUp stock. The stock was sold at an average price of $2.71, for a total value of $163,342.54.
- On Tuesday, February 18th, Patricia Nakache sold 315,102 shares of ThredUp stock. The stock was sold at an average price of $2.87, for a total value of $904,342.74.
- On Friday, February 14th, Patricia Nakache sold 35,098 shares of ThredUp stock. The stock was sold at an average price of $2.69, for a total value of $94,413.62.
- On Wednesday, February 12th, Patricia Nakache sold 86,777 shares of ThredUp stock. The shares were sold at an average price of $2.51, for a total transaction of $217,810.27.
- On Monday, February 10th, Patricia Nakache sold 8,376 shares of ThredUp stock. The shares were sold at an average price of $2.50, for a total transaction of $20,940.00.
- On Friday, February 7th, Patricia Nakache sold 19,685 shares of ThredUp stock. The stock was sold at an average price of $2.50, for a total transaction of $49,212.50.
- 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 value of $1,098,055.71.
ThredUp Price Performance
Shares of TDUP opened at $3.32 on Friday. The business's 50-day moving average is $2.67 and its 200-day moving average is $1.83. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.96 and a quick ratio of 0.86. The company has a market capitalization of $385.77 million, a price-to-earnings ratio of -5.19 and a beta of 1.64. ThredUp Inc. has a fifty-two week low of $0.50 and a fifty-two week high of $3.54.
Analysts Set New Price Targets
A number of equities analysts recently weighed in on TDUP shares. Needham & Company LLC reissued a "hold" rating on shares of ThredUp in a research note on Tuesday, March 4th. Telsey Advisory Group reaffirmed an "outperform" rating and issued a $3.00 price objective on shares of ThredUp in a research note on Tuesday, March 4th.
Check Out Our Latest Analysis on TDUP
Institutional Investors Weigh In On ThredUp
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. CHICAGO TRUST Co NA acquired a new position in shares of ThredUp in the first quarter worth $30,000. ProShare Advisors LLC increased its position in ThredUp by 49.0% in the 4th quarter. ProShare Advisors LLC now owns 22,150 shares of the company's stock worth $31,000 after purchasing an additional 7,287 shares during the last quarter. Virtu Financial LLC acquired a new stake in shares of ThredUp during the 4th quarter valued at about $33,000. Cubist Systematic Strategies LLC acquired a new position in ThredUp in the fourth quarter worth approximately $48,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in ThredUp by 9.4% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 45,671 shares of the company's stock valued at $63,000 after acquiring an additional 3,908 shares in the last quarter. 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.
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