Newegg Commerce (NEGG) Director Faching Sells $40K of Stock

Fred Faching Chang, a director at Newegg Commerce, Inc. (NasdaqCM: NEGG), sold 3,582 shares on October 12, 2026, for approximately $40,495. This trade comes amid a series of recent transactions by insiders at the company.

Inside Chang Fred Faching's Trade

Chang sold the shares at a price of $11.30 each. This transaction adds to his earlier sales, where he disposed of 7,164 shares on October 7 and October 9, 2026, during which he sold shares valued at $85,252 and $83,382, respectively. His recent activity reflects a pattern of selling, which may be noteworthy for investors following insider trends.

Other Institutional Activity in Newegg

Several other institutional investors have also adjusted their positions in Newegg. Penserra Capital Management LLC grew its holdings by 13,164 shares, totaling 23,690 shares worth about $258,220. Geode Capital Management, LLC added 536 shares, bringing its total to 18,175 shares valued at approximately $198,107. UBS Group AG increased its stake by 10,151 shares, now holding 16,279 shares worth about $177,441. HRT Financial LP raised its position by 8,676 shares, totaling 17,353 shares valued at approximately $189,147, while Jane Street Group, LLC added 8,871 shares for a total of 16,838 shares worth about $183,534.

Newegg Commerce, Inc. Stock Down 4.1%

As of October 16, 2026, Newegg's stock traded recently around $10.90, which is significantly below its 50-day moving average of $15.11 and its 200-day average of $28.84. The stock has also fallen sharply from its 52-week high of $96.29, currently trading about 88.7% lower than that peak. The shares are just above their 52-week low of $10.34, indicating a challenging period for the stock.

Recent Earnings

Newegg reported trailing twelve-month revenue of approximately $1.38 billion, reflecting a year-over-year revenue decline of 8.1%. The company has a net margin of 0.7% and a return on equity of 6.5%. The next earnings report is set for May 3, 2027.

Insider Buying and Selling at Newegg Commerce, Inc.

In addition to Chang's recent sale of 3,582 shares, he had sold 7,164 shares on October 7 and another 7,164 shares on October 9, 2026. The earlier sales were valued at $85,252 and $83,382, respectively. These transactions highlight Chang's significant involvement in the company's stock and may reflect his perspective on its current valuation.

Bottom Line

Investors should watch Newegg closely as it approaches its next earnings date on May 3, 2027. The recent insider selling activity may provide insights into the company's direction and performance outlook. With the stock trading well below its historical averages, further developments in insider transactions and earnings results will be key indicators to monitor.