Newegg Commerce (NEGG) Director Faching Sells $42K of Stock
Director Fred Faching Chang sold shares amid a series of recent transactions.
Reviewed by automated data checks against the source filing. How we make and check alerts
Chang Fred Faching, Director at Newegg Commerce, Inc. ($NEGG), sold 3,582 shares at an average price of $11.63, worth about $41,662.24, on October 9, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $NEGG is down 5.9% after 1 week and down 5.9% to date (from the $11.58 close on Oct 9, 2026).
NEGG
Newegg Commerce, Inc.
Key Points
- On October 9, 2026, Fred Faching Chang sold 3,582 shares of Newegg Commerce, Inc. at $11.63 each, totaling about $41,662.
- The stock recently traded around $10.90, significantly below its 52-week high of $96.29, and also below its 50-day and 200-day moving averages.
- Other institutional investors like Penserra Capital Management and UBS Group have also made notable moves in Newegg, with Penserra increasing its stake by 13,164 shares.
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Fred Faching Chang, a director at Newegg Commerce, Inc. (NasdaqCM: NEGG), sold 3,582 shares on October 9, 2026, at a price of $11.63 each. This transaction was valued at approximately $41,662. This sale comes amid a series of recent insider transactions involving Chang.
Inside Chang's Trade
On the same day, Chang also sold another 7,164 shares for a total value of about $83,382. Earlier, on October 7, 2026, he sold 7,164 shares, totaling $85,252. These actions indicate a significant level of trading activity by Chang, who is a beneficial owner of more than 10% of the company's stock.
Other Institutional Activity in Newegg
Newegg has seen notable activity from other institutional investors as well. Penserra Capital Management LLC increased its holdings by 13,164 shares, bringing its total to 23,690 shares valued at approximately $258,220. UBS Group AG also made a significant move, adding 10,151 shares, resulting in a total of 16,279 shares worth about $177,441. HRT Financial LP and Jane Street Group, LLC also increased their stakes, reflecting growing interest in Newegg.
Newegg Commerce, Inc. Stock Down 4.1%
As of October 16, 2026, Newegg shares are trading around $10.90. This price is significantly below its 52-week high of $96.29 and also below its 50-day moving average of $15.11. The stock has dropped about 27.8% from its 50-day average and about 62.2% from its 200-day average of $28.84. This decline highlights the challenges the company has faced in maintaining its stock value.
Recent Earnings
Newegg reported trailing twelve-month revenue of approximately $1.38 billion, with a net margin of 0.7% and a return on equity of 6.5%. The company has experienced a year-over-year revenue decline of 8.1%. Its next earnings report is scheduled for May 3, 2027.
Insider Buying and Selling at Newegg Commerce, Inc.
In addition to Chang's recent sales, he sold another 3,582 shares on October 13, 2026, for about $39,316. This continued activity suggests he is actively managing his stake in the company. The sales do not imply negative sentiment but indicate a strategic move by the director.
About Newegg Commerce, Inc.
Newegg Commerce, Inc. operates as an electronics-focused online retailer, selling a wide range of products including desktops, laptops, gaming peripherals, and home appliances. The company has a significant presence in the U.S. and Canada, making it a key player in the e-retail market. The recent insider trading activity highlights the ongoing changes within the company as it navigates its financial challenges.
Bottom Line
Investors should keep an eye on Newegg's upcoming earnings report in May 2027 and watch for further insider trading activity, which may provide insights into the company's strategic direction. The stock's performance remains a point of interest, especially given its current valuation relative to its historical highs.
Related Filing Alerts
Source: Chang Fred Faching's Form 4 filing on $NEGG (Oct 9, 2026). Find the original filing: NEGG Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts