New insider activity at thredUP ( (TDUP) ) has taken place on March 18, 2025.
Director Ian Friedman has made a significant investment by purchasing 6,810 shares of thredUP stock, with the transaction valued at $14,913.
Recent Updates on TDUP stock
ThredUp, Inc. recently held its Q4 earnings call, revealing strong growth in customer acquisition and technological advancements, which have significantly improved conversion rates and financial performance. The company reported a 32% year-over-year increase in new customer volume for Q4 and a 9.5% increase in revenue, reaching $67.3 million. The gross margin improved by 290 basis points to 80.4%, and adjusted EBITDA rose to $5 million. Despite these positive results, there was a 6% decline in active buyers, posing a challenge for the company. ThredUp is optimistic about achieving positive free cash flow by 2025, with expected revenue growth of 6% at the midpoint for the full year. However, potential challenges from tariffs and inflation could impact consumer spending. The company’s forward-looking guidance remains positive, with a focus on leveraging technology investments to accelerate growth and achieve long-term profitability targets.
More about thredUP
YTD Price Performance: 63.12%
Average Trading Volume: 965,904
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $267.2M
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