ThredUp Inc. (NASDAQ:TDUP - Free Report) - 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 anticipates 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.
Several other analysts have also recently weighed in on TDUP. Needham & Company LLC reaffirmed a "hold" rating on shares of ThredUp in a report on Tuesday. Telsey Advisory Group lifted their target price on shares of ThredUp from $2.00 to $3.00 and gave the company an "outperform" rating in a research report on Wednesday.
View Our Latest Stock Analysis on ThredUp
ThredUp Price Performance
Shares of TDUP stock traded down $0.09 on Thursday, reaching $2.18. The company's stock had a trading volume of 1,492,846 shares, compared to its average volume of 2,089,816. ThredUp has a 12-month low of $0.50 and a 12-month high of $2.42. The stock's 50 day simple moving average is $1.43 and its 200-day simple moving average is $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. The company has a market capitalization of $247.43 million, a P/E ratio of -3.40 and a beta of 1.66.
Hedge Funds Weigh In On ThredUp
A number of large investors have recently added to or reduced their stakes in the business. 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 valued at $1,550,000 after buying an additional 674,852 shares during the period. Needham Investment Management LLC lifted its stake in shares of ThredUp by 7.2% in the 3rd quarter. Needham Investment Management LLC now owns 6,200,000 shares of the company's stock valued at $5,220,000 after acquiring an additional 415,000 shares during the last quarter. Marshall Wace LLP boosted its holdings in ThredUp by 37.4% during the 2nd quarter. Marshall Wace LLP now owns 771,483 shares of the company's stock valued at $1,312,000 after acquiring an additional 209,792 shares during the period. Squarepoint Ops LLC grew its position in ThredUp by 72.6% during the 2nd quarter. Squarepoint Ops LLC now owns 402,398 shares of the company's stock worth $684,000 after acquiring an additional 169,196 shares during the last quarter. Finally, Privium Fund Management B.V. increased its stake in ThredUp by 76.3% in the 3rd quarter. Privium Fund Management B.V. now owns 383,500 shares of the company's stock worth $323,000 after purchasing an additional 165,935 shares during the period. Hedge funds and other institutional investors own 89.08% of the company's stock.
Insider Transactions at ThredUp
In other news, Director Daniel J. Nova bought 45,897 shares of the company's stock in a transaction that occurred on Monday, November 18th. The stock was bought at an average price of $1.00 per share, for a total transaction of $45,897.00. Following the transaction, the director now directly owns 124,142 shares of the company's stock, valued at $124,142. This represents a 58.66 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, 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 completion of the sale, the director now directly owns 250,956 shares of the company's stock, valued at approximately $444,192.12. This represents a 14.24 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders bought 214,797 shares of company stock worth $264,905 and sold 101,277 shares worth $179,808. Company insiders own 34.42% of the company's stock.
ThredUp Company Profile
(
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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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