Christopher Homer Sells 69,741 Shares of ThredUp (NASDAQ:TDUP) Stock

ThredUp Inc. (NASDAQ:TDUP) COO Christopher Homer sold 69,741 shares of the business’s stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $3.82, for a total transaction of $266,410.62. Following the sale, the chief operating officer owned 1,274,906 shares in the company, valued at $4,870,140.92. This trade represents a 5.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

ThredUp Trading Up 4.2%

NASDAQ TDUP opened at $4.00 on Thursday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.92 and a current ratio of 0.91. The firm has a market cap of $500.56 million, a price-to-earnings ratio of -26.66 and a beta of 1.72. The firm has a 50 day simple moving average of $5.30 and a 200-day simple moving average of $7.73. ThredUp Inc. has a one year low of $2.14 and a one year high of $12.28.

ThredUp (NASDAQ:TDUP) last released its earnings results on Monday, March 2nd. The company reported ($0.04) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.04). ThredUp had a negative net margin of 6.50% and a negative return on equity of 34.48%. The company had revenue of $79.70 million for the quarter, compared to analyst estimates of $77.17 million. Equities research analysts anticipate that ThredUp Inc. will post -0.56 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. Wells Fargo & Company cut their price target on ThredUp from $13.00 to $10.00 and set an “overweight” rating on the stock in a report on Tuesday. Wall Street Zen lowered shares of ThredUp from a “buy” rating to a “hold” rating in a research note on Saturday, December 20th. Telsey Advisory Group decreased their price target on shares of ThredUp from $12.00 to $9.00 and set an “outperform” rating for the company in a research note on Tuesday. Finally, Weiss Ratings reiterated a “sell (e+)” rating on shares of ThredUp in a report on Monday, December 29th. Two analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, ThredUp has a consensus rating of “Moderate Buy” and a consensus price target of $11.00.

Hedge Funds Weigh In On ThredUp

Several hedge funds have recently added to or reduced their stakes in TDUP. Cerity Partners LLC lifted its position in shares of ThredUp by 6.7% during the 2nd quarter. Cerity Partners LLC now owns 19,011 shares of the company’s stock worth $142,000 after buying an additional 1,190 shares during the last quarter. SG Americas Securities LLC raised its stake in ThredUp by 5.0% during the 2nd quarter. SG Americas Securities LLC now owns 27,167 shares of the company’s stock worth $203,000 after acquiring an additional 1,296 shares in the last quarter. The Manufacturers Life Insurance Company lifted its position in ThredUp by 5.4% in the second quarter. The Manufacturers Life Insurance Company now owns 31,302 shares of the company’s stock valued at $234,000 after acquiring an additional 1,601 shares during the last quarter. ProShare Advisors LLC boosted its stake in ThredUp by 9.6% in the second quarter. ProShare Advisors LLC now owns 18,658 shares of the company’s stock valued at $140,000 after acquiring an additional 1,631 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in ThredUp by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 47,705 shares of the company’s stock valued at $115,000 after acquiring an additional 2,034 shares in the last quarter. 89.08% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting ThredUp

Here are the key news stories impacting ThredUp this week:

• Positive Sentiment: Q4 results beat on revenue and showed operating progress: revenue of $79.7M (+18% YoY) topped estimates, active buyers hit a record 1.65M, and full‑year free cash flow turned positive — evidence the marketplace is expanding and improving cash generation. ThredUp Q4 Earnings In Line
• Positive Sentiment: Company raised medium‑term growth targets and issued FY‑2026 revenue guidance of $349M–$355M (above consensus), and Q1 revenue guidance roughly in line with estimates — a sign management expects continued top‑line momentum. Analysts Offer Insights
• Positive Sentiment: Strategic initiatives (premium supply expansion and AI‑driven personalization) cited on the call could improve unit economics and buyer retention over time, supporting margin improvement if execution continues. Growth/Strategy Article
• Neutral Sentiment: Analyst price targets were trimmed (Wells Fargo: $13→$10; Telsey: $12→$9) but both maintained constructive ratings — lowers headline upside but keeps institutional support. Benzinga: Analyst Moves
• Negative Sentiment: Insider selling: CFO Sean Sobers sold 56,504 shares (~$215.8K) and the COO also sold shares recently — notable insider sales can weigh on near‑term sentiment and raise questions for some investors. Insider Trading Report
• Negative Sentiment: Market reaction: despite the revenue beat and guidance, some coverage highlighted a selloff after the print — suggesting investors were focused on valuation, near‑term margins or profit‑taking. Why TDUP Is Nosediving

ThredUp Company Profile

ThredUp, Inc operates an online consignment and thrift platform that enables consumers to buy and sell secondhand clothing and accessories. Through its digital marketplace, the company offers curated selections of apparel for women and children, spanning a broad range of brands and styles. Sellers can order a “Clean Out Kit” to send in items they no longer wear, while buyers benefit from discounted prices and a simplified shopping experience powered by ThredUp’s in-house authentication, quality control and logistics capabilities.

In addition to its core consumer-to-consumer marketplace, ThredUp has expanded into business-to-business services with its Resale-as-a-Service (RaaS) offering.