ThredUp Inc’s recent filing unveils that its Director Nakache Patricia unloaded Company’s shares for reported $73767.0 on Dec 09 ’24. In the deal valued at $1.77 per share,41,676 shares were sold. As a result of this transaction, Nakache Patricia now holds 0 shares worth roughly $0.0.
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Then, Nakache Patricia sold 4,600 shares, generating $8,142 in total proceeds. Upon selling the shares at $1.77, the Director now owns 124 shares.
Before that, Nakache Patricia sold 3,204 shares. ThredUp Inc shares valued at $5,671 were divested by the Director at a price of $1.77 per share. As a result of the transaction, Nakache Patricia now holds 107 shares, worth roughly $161.57.
A number of analysts have revised their coverage, including Telsey Advisory Group’s analysts, who remained covering the stock and in early May has reiterated a ‘”an Outperform”‘ rating for it. Piper Sandler also remained covering TDUP and has decreased its forecast on July 22, 2022 with a “Neutral” recommendation from previously “an Overweight” rating. KeyBanc Capital Markets started covering the stock on July 21, 2022. It rated TDUP as “a Sector weight”.
Price Performance Review of TDUP
On Tuesday, ThredUp Inc [NASDAQ:TDUP] saw its stock jump 0.67% to $1.51. Over the last five days, the stock has lost -15.64%. ThredUp Inc shares have fallen nearly -32.89% since the year began. Nevertheless, the stocks have fallen -34.35% over the past one year. While a 52-week high of $2.49 was reached on 01/24/24, a 52-week low of $0.50 was recorded on 11/04/24. SMA at 50 days reached $1.1027, while 200 days put it at $1.4330.
Levels Of Support And Resistance For TDUP Stock
The 24-hour chart illustrates a support level at 1.4533, which if violated will result in even more drops to 1.3967. On the upside, there is a resistance level at 1.5633. A further resistance level may holdings at 1.6167. The Relative Strength Index (RSI) on the 14-day chart is 55.09, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.1618, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 62.75%. Stochastics %K at 35.29% indicates the stock is a holding.
How much short interest is there in ThredUp Inc?
A steep rise in short interest was recorded in ThredUp Inc stocks on 2024-11-29, dropping by 41602.0 shares to a total of 4.03 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 4.07 million shares. There was a decline of -1.03%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on June 30, 2022 when Raymond James began covering the stock and recommended ‘”an Outperform”‘ rating along with a $7 price target.
