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ThredUp Director Coretha Rushing Sells 105,000 Shares Worth $1.14M
ByAinvest
Tuesday, Aug 26, 2025 5:37 pm ET1min read
Director Coretha Rushing sold 105,000 shares of thredUP stock for $1.14mln on August 25. The company's recent Q2 earnings call showed a 16.4% YoY revenue increase to $77.7mln, driven by AI-led product improvements and strategic investments. Analysts raised price targets, citing robust tailwinds and strong execution. Despite anticipating a seasonal slowdown in Q4, ThredUP remains optimistic about its growth trajectory and financial stability.
ThredUp Inc. (NASDAQ:TDUP) reported robust second-quarter earnings, driven by strong customer and order growth, and a 16% year-over-year (YoY) revenue increase to $77.7 million. Gross profit rose 17% to $61.7 million, with a gross margin expansion to 79.5% [1]. The company's AI investments continue to fuel buyer and seller acquisition, with active buyers increasing 17% to 1.47 million and orders purchased rising 21% to 1.54 million. Despite a loss from continuing operations of $5.2 million, the company expects revenue to range between $76 million and $78 million in the third quarter, representing a 25% YoY increase [1].Director Coretha Rushing sold 105,000 shares of ThredUp stock for $1.14 million on August 25, 2025 [2]. Following the transaction, Rushing owns 148,197 shares of ThredUp. Analysts have raised price targets for ThredUp, citing strong execution and robust tailwinds. Despite anticipating a seasonal slowdown in Q4, ThredUp remains optimistic about its growth trajectory and financial stability. The company's "Resale-as-a-Service" platform and strategic investments in AI continue to differentiate it in the market.
ThredUp's stock has seen significant positive sentiment in recent weeks, with numerous analysts upgrading their ratings and price targets. The company's strong Q2 performance and positive outlook have contributed to its recent stock price appreciation [3].
References:
[1] https://finance.yahoo.com/news/thredup-tdup-forecasts-25-q3-040822854.html
[2] https://www.tradingview.com/news/tradingview:adf6166d1f104:0-thredup-director-coretha-m-rushing-sells-105-000-shares/
[3] https://www.marketbeat.com/stocks/NASDAQ/TDUP/news/
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