Fred Faching Chang Sells 11,091 Shares of Newegg Commerce (NASDAQ:NEGG) Stock

Posted by James Quigley on Jun 5th, 2026

Newegg Commerce, Inc. (NASDAQ:NEGG – Get Free Report) Director Fred Faching Chang sold 11,091 shares of Newegg Commerce stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $20.19, for a total value of $223,927.29. Following the completion of the sale, the director directly owned 3,122,972 shares in the company, valued at approximately $63,052,804.68. The trade was a 0.35% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Fred Faching Chang also recently made the following trade(s):

On Wednesday, June 3rd, Fred Faching Chang sold 18,539 shares of Newegg Commerce stock. The stock was sold at an average price of $20.00, for a total value of $370,780.00.
On Monday, June 1st, Fred Faching Chang sold 2,583 shares of Newegg Commerce stock. The stock was sold at an average price of $17.58, for a total value of $45,409.14.
On Thursday, May 28th, Fred Faching Chang sold 10,000 shares of Newegg Commerce stock. The stock was sold at an average price of $17.91, for a total value of $179,100.00.
On Friday, May 22nd, Fred Faching Chang sold 10,000 shares of Newegg Commerce stock. The stock was sold at an average price of $20.14, for a total value of $201,400.00.
On Thursday, May 21st, Fred Faching Chang sold 20,000 shares of Newegg Commerce stock. The stock was sold at an average price of $19.40, for a total value of $388,000.00.
On Monday, May 18th, Fred Faching Chang sold 20,000 shares of Newegg Commerce stock. The stock was sold at an average price of $19.66, for a total value of $393,200.00.
On Thursday, May 14th, Fred Faching Chang sold 20,000 shares of Newegg Commerce stock. The stock was sold at an average price of $22.52, for a total value of $450,400.00.
On Tuesday, May 12th, Fred Faching Chang sold 20,000 shares of Newegg Commerce stock. The stock was sold at an average price of $23.66, for a total value of $473,200.00.
On Monday, May 11th, Fred Faching Chang sold 6,944 shares of Newegg Commerce stock. The stock was sold at an average price of $25.41, for a total value of $176,447.04.
On Friday, May 8th, Fred Faching Chang sold 20,000 shares of Newegg Commerce stock. The stock was sold at an average price of $26.25, for a total value of $525,000.00.

Newegg Commerce Trading Up 1.3%

NASDAQ:NEGG opened at $18.45 on Friday. The company has a quick ratio of 0.63, a current ratio of 1.71 and a debt-to-equity ratio of 0.24. Newegg Commerce, Inc. has a 1 year low of $6.24 and a 1 year high of $137.84. The stock’s 50 day simple moving average is $31.52 and its two-hundred day simple moving average is $45.87.

Newegg Commerce (NASDAQ:NEGG – Get Free Report) last announced its earnings results on Thursday, May 28th. The company reported $999.00 EPS for the quarter.

Hedge Funds Weigh In On Newegg Commerce

A number of institutional investors and hedge funds have recently modified their holdings of the stock. NewEdge Advisors LLC purchased a new position in Newegg Commerce during the 3rd quarter valued at $30,000. Royal Bank of Canada boosted its holdings in Newegg Commerce by 5,472.2% during the 4th quarter. Royal Bank of Canada now owns 1,003 shares of the company’s stock valued at $51,000 after acquiring an additional 985 shares during the period. Qube Research & Technologies Ltd purchased a new position in Newegg Commerce during the 3rd quarter valued at $207,000. Squarepoint Ops LLC purchased a new position in Newegg Commerce during the 4th quarter valued at $251,000. Finally, Quantum Private Wealth LLC purchased a new position in Newegg Commerce during the 3rd quarter valued at $210,000. Hedge funds and other institutional investors own 0.45% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings cut Newegg Commerce from a “sell (d-)” rating to a “sell (e+)” rating in a report on Monday. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has a consensus rating of “Sell”.

Check Out Our Latest Report on NEGG

About Newegg Commerce

(Get Free Report)

Newegg Commerce, Inc (NASDAQ: NEGG) is a leading online retailer and marketplace specializing in technology products, consumer electronics and computer hardware. Founded in 2001 and headquartered in City of Industry, California, the company operates the flagship Newegg.com platform, which offers an extensive selection of desktops, laptops, components, peripherals, software and related accessories. Newegg’s business model combines direct retail sales with a third-party marketplace, enabling both established brands and independent sellers to reach a technology-focused audience.

In addition to its core e-commerce offerings, Newegg provides a range of value-added services, including logistics support, warehousing and fulfillment solutions designed to streamline order processing for marketplace partners.