ThredUp (NASDAQ:TDUP) CFO Sean Sobers Sells 56,504 Shares of Stock

ThredUp Inc. (NASDAQ:TDUP) CFO Sean Sobers sold 56,504 shares of the stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $3.82, for a total value of $215,845.28. Following the transaction, the chief financial officer owned 555,254 shares of the company’s stock, valued at approximately $2,121,070.28. The trade was a 9.24% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.

ThredUp Trading Down 23.4%

NASDAQ TDUP opened at $3.84 on Wednesday. The stock has a market capitalization of $480.54 million, a price-to-earnings ratio of -25.60 and a beta of 1.72. The stock’s 50 day moving average price is $5.35 and its two-hundred day moving average price is $7.76. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.92 and a current ratio of 0.92. ThredUp Inc. has a 52 week low of $2.02 and a 52 week high of $12.28.

ThredUp (NASDAQ:TDUP) last issued its quarterly earnings results on Monday, March 2nd. The company reported ($0.04) earnings per share for the quarter, hitting the consensus estimate of ($0.04). The company had revenue of $79.70 million during the quarter, compared to analysts’ expectations of $77.17 million. ThredUp had a negative net margin of 6.50% and a negative return on equity of 34.59%. As a group, analysts anticipate that ThredUp Inc. will post -0.56 earnings per share for the current fiscal year.

Institutional Trading of ThredUp

Hedge funds have recently made changes to their positions in the business. BloombergSen Inc. lifted its holdings in ThredUp by 36.9% during the 3rd quarter. BloombergSen Inc. now owns 880,904 shares of the company’s stock valued at $8,325,000 after purchasing an additional 237,620 shares during the last quarter. Marshall Wace LLP raised its position in shares of ThredUp by 51.8% in the second quarter. Marshall Wace LLP now owns 4,373,596 shares of the company’s stock valued at $32,758,000 after purchasing an additional 1,492,015 shares during the period. Prudential Financial Inc. raised its position in shares of ThredUp by 3,625.5% in the second quarter. Prudential Financial Inc. now owns 1,231,088 shares of the company’s stock valued at $9,221,000 after purchasing an additional 1,198,043 shares during the period. Connor Clark & Lunn Investment Management Ltd. lifted its stake in shares of ThredUp by 153.6% during the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,412,653 shares of the company’s stock worth $10,581,000 after buying an additional 855,630 shares during the last quarter. Finally, Panagora Asset Management Inc. boosted its holdings in shares of ThredUp by 30.2% during the 2nd quarter. Panagora Asset Management Inc. now owns 630,226 shares of the company’s stock worth $4,720,000 after buying an additional 146,245 shares during the period. 89.08% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

TDUP has been the topic of a number of recent research reports. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of ThredUp in a research report on Monday, December 29th. Telsey Advisory Group decreased their price target on ThredUp from $12.00 to $9.00 and set an “outperform” rating for the company in a research note on Tuesday. Wells Fargo & Company lowered their price target on ThredUp from $13.00 to $10.00 and set an “overweight” rating on the stock in a research report on Tuesday. Finally, Wall Street Zen downgraded ThredUp from a “buy” rating to a “hold” rating in a report on Saturday, December 20th. Two research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $11.00.

More ThredUp News

Here are the key news stories impacting ThredUp this week:

• Positive Sentiment: Company-level guidance and growth targets: ThredUp updated FY‑2026 revenue guidance to $349M–$355M (above consensus ~$344.8M) and Q1‑2026 revenue guidance to $79.5M–$80.5M (roughly in line with consensus), and outlined a 13% revenue growth target for 2026—signals of continued top‑line momentum. Company Results/Guidance
• Positive Sentiment: Q4 results mostly solid: Revenue $79.7M (+18% YoY) beat estimates by ~$1M; gross profit and active buyer growth (record 1.65M, +30% YoY) improved; the company reported positive annual total cash flows (~$3.1M) and a stronger cash position—fundamentals that support longer‑term recovery. Earnings Press Release
• Positive Sentiment: Strategic progress: Management highlights advancement in premium supply and AI‑driven personalization to lift unit economics and buyer engagement—potentially higher margin/loyalty benefits over time. Growth/Strategy Article
• Neutral Sentiment: Analysts cut price targets but kept bullish ratings: Wells Fargo lowered its PT from $13 to $10 (still “overweight”) and Telsey cut its PT from $12 to $9 (still “outperform”). Lower PTs reduce perceived upside even though ratings remain positive. Wells Fargo / Benzinga Telsey / Finviz
• Negative Sentiment: Market reaction and short‑term selling: Shares weakened after the print despite the beat—news coverage notes the stock declined on earnings, suggesting profit‑taking or valuation concerns. Yahoo: Stock Decline
• Negative Sentiment: Insider selling and mixed insider activity: Filings show substantial insider sales (including large CEO sales) in recent months—can pressure sentiment and raise governance/conviction questions for some investors. QuiverQuant: Insider Activity

ThredUp Company Profile

ThredUp, Inc operates an online consignment and thrift platform that enables consumers to buy and sell secondhand clothing and accessories. Through its digital marketplace, the company offers curated selections of apparel for women and children, spanning a broad range of brands and styles. Sellers can order a “Clean Out Kit” to send in items they no longer wear, while buyers benefit from discounted prices and a simplified shopping experience powered by ThredUp’s in-house authentication, quality control and logistics capabilities.

In addition to its core consumer-to-consumer marketplace, ThredUp has expanded into business-to-business services with its Resale-as-a-Service (RaaS) offering.