Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. ThredUp Inc shares valued at $904,343 were sold by Nakache Patricia on Feb 18 ’25. At $2.87 per share, Nakache Patricia sold 315,102 shares. The insider’s holdings dropped to 0 shares worth approximately $0.0 following the completion of this transaction.
Also, Nakache Patricia sold 205,445 shares, netting a total of over 575,246 in proceeds. Following the sale of shares at $2.80 each, the insider now holds 0 shares.
Before that, Nakache Patricia had sold 35,098 shares from its account. In a trade valued at $94,414, the Director traded ThredUp Inc shares for $2.69 each. Upon closing the transaction, the insider’s holdings decreased to 35,098 shares, worth approximately $0.0.
As published in a research note from Telsey Advisory Group on January 15, 2025, ThredUp Inc [TDUP] has been retained to an Outperform and the price target has been revised to $3. As of May 07, 2024, Telsey Advisory Group has reiterated its “an Outperform” rating for TDUP. Earlier on July 22, 2022, Piper Sandler downgraded its rating. Their new recommendation was “a Neutral” for TDUP stock which previously was a “an Overweight”.
Analyzing TDUP Stock Performance
During the last five days, there has been a surge of approximately 8.49%. Over the course of the year, ThredUp Inc shares have jumped approximately 102.16%. Shares of the company reached a 52-week high of $2.99 on 02/18/25 and a 52-week low of $1.21 on 01/13/25. A 50-day SMA is recorded $1.94, while a 200-day SMA reached $1.48. Nevertheless, trading volume fell to 0.8 million shares from 1.55 million shares the previous day.
Support And Resistance Levels for ThredUp Inc (TDUP)
According to the 24-hour chart, there is a support level at 2.68, which, if violated, would cause prices to drop to 2.55. In the upper region, resistance lies at 2.94. The next price resistance is at 3.08. RSI (Relative Strength Index) is 68.82 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.27, which suggests the price will decrease in the coming days. Percent R is at 19.15%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
