ThredUp Inc. (NASDAQ:TDUP) Director Patricia Nakache Sells 271,762 Shares

Posted by Kyle Jackson on Apr 18th, 2025

ThredUp Inc. (NASDAQ:TDUP – Get Free Report) Director Patricia Nakache sold 271,762 shares of the firm’s stock in a transaction dated Tuesday, April 15th. The shares were sold at an average price of $3.43, for a total transaction of $932,143.66. Following the transaction, the director now owns 250,956 shares of the company’s stock, valued at $860,779.08. This trade represents a 51.99 % decrease in their ownership of the stock. The transaction 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 Thursday, April 17th, Patricia Nakache sold 187,179 shares of ThredUp stock. The stock was sold at an average price of $3.30, for a total transaction of $617,690.70.
On Thursday, March 20th, Patricia Nakache sold 91,070 shares of ThredUp stock. The shares were sold at an average price of $2.48, for a total value of $225,853.60.
On Tuesday, March 18th, Patricia Nakache sold 49,007 shares of ThredUp stock. The stock was sold at an average price of $2.24, for a total value of $109,775.68.
On Thursday, February 20th, Patricia Nakache sold 60,274 shares of ThredUp stock. The shares were 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 shares were sold at an average price of $2.87, for a total transaction of $904,342.74.
On Friday, February 14th, Patricia Nakache sold 35,098 shares of ThredUp stock. The shares were sold at an average price of $2.69, for a total transaction of $94,413.62.
On Wednesday, February 12th, Patricia Nakache sold 86,777 shares of ThredUp stock. The stock was 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 Trading Up 1.2 %

TDUP stock opened at $3.32 on Friday. ThredUp Inc. has a 52 week low of $0.50 and a 52 week high of $3.54. The company has a market cap of $385.77 million, a price-to-earnings ratio of -5.19 and a beta of 1.64. 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 business has a fifty day simple moving average of $2.67 and a 200-day simple moving average of $1.83.

Institutional Investors Weigh In On ThredUp

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Marshall Wace LLP grew its holdings in shares of ThredUp by 134.5% during the 4th quarter. Marshall Wace LLP now owns 1,521,138 shares of the company’s stock worth $2,114,000 after purchasing an additional 872,357 shares during the period. BloombergSen Inc. lifted its position in ThredUp by 278.9% during the fourth quarter. BloombergSen Inc. now owns 639,548 shares of the company’s stock valued at $889,000 after buying an additional 470,768 shares in the last quarter. Renaissance Technologies LLC grew its stake in ThredUp by 75.2% during the fourth quarter. Renaissance Technologies LLC now owns 978,745 shares of the company’s stock worth $1,360,000 after buying an additional 420,012 shares during the period. Arrowstreet Capital Limited Partnership acquired a new stake in shares of ThredUp in the fourth quarter worth $521,000. Finally, Archon Capital Management LLC purchased a new position in shares of ThredUp in the 4th quarter valued at $461,000. 89.08% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on TDUP. Telsey Advisory Group reissued an “outperform” rating and issued a $3.00 price target on shares of ThredUp in a research note on Tuesday, March 4th. Needham & Company LLC reiterated a “hold” rating on shares of ThredUp in a report on Tuesday, March 4th.

Read Our Latest Report on TDUP

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.