ThredUp Inc (NASDAQ: TDUP) is 89.21% higher on its value in year-to-date trading and has touched a low of $0.50 and a high of $2.61 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The TDUP stock was last observed hovering at around $2.54 in the last trading session, with the day’s gains setting it 0.09%.
Currently trading at $2.63, the stock is 28.32% and 50.45% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.38 million and changing 3.54% at the moment leaves the stock 83.94% off its SMA200. TDUP registered 33.50% gain for a year compared to 6-month loss of 52.02%. The firm has a 50-day simple moving average (SMA 50) of $1.7207 and a 200-day simple moving average (SMA200) of $1.424335.
The stock witnessed a 68.59% gain in the last 1 month and extending the period to 3 months gives it a 375.42%, and is 21.20% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 9.90% over the week and 10.90% over the month.
ThredUp Inc (TDUP) has around 2377 employees, a market worth around $299.18M and $313.76M in sales. Profit margin for the company is -22.28%. Distance from 52-week low is 422.86% and 0.77% from its 52-week high. The company has generated returns on investments over the last 12 months (-51.57%).
The EPS is expected to grow by 12.75% this year
125.0 institutions hold shares in ThredUp Inc (TDUP), with institutional investors hold 67.41% of the company’s shares. The shares outstanding are 85.66M, and float is at 80.91M with Short Float at 6.13%. Institutions hold 64.02% of the Float.
The top institutional shareholder in the company is CAPITAL WORLD INVESTORS with over 8.71 million shares valued at $14.8 million. The investor’s holdings represent 7.9673 of the TDUP Shares outstanding. As of 2024-06-30, the second largest holder is GOLDMAN SACHS GROUP INC with 5.97 million shares valued at $10.15 million to account for 5.4609 of the shares outstanding. The other top investors are NEEDHAM INVESTMENT MANAGEMENT LLC which holds 5.79 million shares representing 5.2932 and valued at over $9.83 million, while BLACKROCK INC. holds 4.7034 of the shares totaling 5.14 million with a market value of $8.74 million.
ThredUp Inc (TDUP) Insider Activity
The most recent transaction is an insider sale by Nakache Patricia, the company’s Director. SEC filings show that Nakache Patricia sold 479,861 shares of the company’s common stock on Feb 03 ’25 at a price of $2.30 per share for a total of $1.1 million. Following the sale, the insider now owns 0.0 shares.
ThredUp Inc disclosed in a document filed with the SEC on Feb 05 ’25 that Nakache Patricia (Director) sold a total of 420,711 shares of the company’s common stock. The trade occurred on Feb 05 ’25 and was made at $2.61 per share for $1.1 million. Following the transaction, the insider now directly holds 0.0 shares of the TDUP stock.
Still, SEC filings show that on Feb 04 ’25, Nakache Patricia (Director) disposed off 308,910 shares at an average price of $2.49 for $0.77 million. The insider now directly holds 0 shares of ThredUp Inc (TDUP).
