ThredUp (NASDAQ:TDUP) Stock: Insider Ian Friedman Buys 10,000 Shares

Posted by Brian Himes on Nov 11th, 2026

ThredUp Inc. (NASDAQ:TDUP – Get Free Report) Director Ian Friedman acquired 10,000 shares of the business’s stock in a transaction that occurred on Friday, November 6th. The stock was purchased at an average cost of $1.34 per share, with a total value of $13,400.00. Following the acquisition, the director directly owned 471,661 shares of the company’s stock, valued at $632,025.74. This trade represents a 2.17% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink.

ThredUp Stock Up 9.2%

ThredUp stock opened at $1.49 on Wednesday. The stock has a market cap of $195.68 million, a PE ratio of -8.28 and a beta of 2.18. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.05 and a current ratio of 1.05. ThredUp Inc. has a one year low of $1.24 and a one year high of $8.76. The stock has a fifty day moving average of $2.25 and a 200 day moving average of $4.03.

ThredUp (NASDAQ:TDUP – Get Free Report) last announced its earnings results on Wednesday, November 4th. The company reported ($0.04) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.05) by $0.01. The business had revenue of $88.23 million for the quarter, compared to analysts’ expectations of $88.05 million. ThredUp had a negative return on equity of 39.12% and a negative net margin of 6.89%. As a group, sell-side analysts predict that ThredUp Inc. will post -0.17 EPS for the current year.

Analyst Upgrades and Downgrades

TDUP has been the topic of a number of research reports. Wall Street Zen downgraded shares of ThredUp from a “hold” rating to a “sell” rating in a report on Saturday. Northland Securities cut shares of ThredUp from an “outperform” rating to a “market perform” rating and set a $2.00 target price for the company. in a report on Thursday, November 5th. TD Cowen began coverage on shares of ThredUp in a research report on Friday, October 30th. They issued a “strong-buy” rating on the stock. William Blair cut shares of ThredUp from an “outperform” rating to a “market perform” rating in a research note on Thursday, November 5th. Finally, Wells Fargo & Company dropped their price target on shares of ThredUp from $8.00 to $3.00 and set an “overweight” rating on the stock in a research note on Thursday, November 5th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $4.64.

Read Our Latest Stock Analysis on TDUP

Hedge Funds Weigh In On ThredUp

Institutional investors and hedge funds have recently made changes to their positions in the business. Russell Investments Group Ltd. boosted its holdings in shares of ThredUp by 29.1% in the 3rd quarter. Russell Investments Group Ltd. now owns 42,737 shares of the company’s stock worth $91,000 after purchasing an additional 9,630 shares during the period. ProShare Advisors LLC increased its position in shares of ThredUp by 5,274.0% during the third quarter. ProShare Advisors LLC now owns 740,542 shares of the company’s stock worth $1,570,000 after acquiring an additional 726,762 shares during the period. Vise Technologies Inc. purchased a new position in ThredUp during the 3rd quarter worth $59,000. WINTON GROUP Ltd bought a new stake in shares of ThredUp in the second quarter valued at about $320,000. Finally, Integrated Wealth Concepts LLC bought a new stake in shares of ThredUp in the 2nd quarter valued at about $86,000. 89.08% of the stock is owned by hedge funds and other institutional investors.

ThredUp Company Profile

(Get Free Report)

ThredUp Inc. operates an online resale platform for secondhand apparel, shoes and accessories. Through its marketplace, consumers can shop for pre-owned women’s and children’s clothing and related products, while individuals can send in unwanted items for resale through the company’s “Clean Out” service. ThredUp manages much of the resale process, including receiving, inspecting, photographing, pricing, listing and fulfilling merchandise. The company also provides resale-as-a-service solutions that enable brands and retailers to offer or support secondhand programs, helping them participate in the growing circular fashion market.