2 weeks Ago By Defense World Staff
ThredUp Inc. (NASDAQ:TDUP – Get Free Report) was the recipient of unusually large options trading activity on Friday. Traders bought 5,250 put options on the stock.
This is an increase of 1,293% compared to the average volume of 377 put options.ThredUp Price PerformanceTDUP stock opened at $2.59 on Friday.
The stock has a market capitalization of $300.95 million, a price-to-earnings ratio of -4.05 and a beta of 1.
73. The firm’s 50-day moving average price is $2.45 and its two-hundred day moving average price is $1.
61. The company has a current ratio of 0.96, a quick ratio of 0.
86 and a debt-to-equity ratio of 0.28. ThredUp has a 12-month low of $0.
50 and a 12-month high of $2.99. Insiders Place Their BetsIn related news, Director Patricia Nakache sold 91,070 shares of ThredUp stock in a transaction on Thursday, March 20th.
The shares were sold at an average price of $2.48, for a total value of $225,853.60.
Following the transaction, the director now owns 250,956 shares in the company, valued at $622,370.88. This trade represents a 26.
63 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Over the last ninety days, insiders have sold 2,833,612 shares of company stock valued at $6,633,229.
34.42% of the stock is currently owned by corporate insiders. Institutional Trading of ThredUpLarge investors have recently modified their holdings of the business.
ProShare Advisors LLC increased its position in ThredUp by 49.0% during the 4th quarter. ProShare Advisors LLC now owns 22,150 shares of the company’s stock valued at $31,000 after purchasing an additional 7,287 shares during the period.
Virtu Financial LLC purchased a new position in shares of ThredUp during the fourth quarter valued at about $33,000. Cubist Systematic Strategies LLC bought a new position in ThredUp in the fourth quarter worth about $48,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.
lifted its holdings in ThredUp by 9.4% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.
now owns 45,671 shares of the company’s stock worth $63,000 after buying an additional 3,908 shares during the period. Finally, O Shaughnessy Asset Management LLC bought a new stake in ThredUp during the 4th quarter valued at approximately $64,000. 89.
08% of the stock is owned by institutional investors. Wall Street Analyst Weigh InA number of research analysts have recently issued reports on the company. Needham & Company LLC reaffirmed a “hold” rating on shares of ThredUp in a research note on Tuesday, March 4th.
Telsey Advisory Group restated an “outperform” rating and set a $3.00 price target on shares of ThredUp in a research report on Tuesday, March 4th.View Our Latest Analysis on ThredUpThredUp Company Profile (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.Further ReadingFive stocks we like better than ThredUpTrading Stocks: RSI and Why it’s UsefulMarketBeat Week in Review – 03/24 – 03/28What is a SEC Filing?Should You Buy UPS Stock Now? Deep Dive Into Its 5-Year Low3 Tickers Leading a Meme Stock Revival4 Healthcare Stocks With Massive Gains—and More to Come.
