Newegg Commerce (NEGG) Director Chang Sells $38K of Stock

Fred Faching Chang, a director at Newegg Commerce, Inc. (NEGG), sold 3,582 shares on October 14, 2026, at a price of $10.64 for a total of about $38,116. This sale comes as Newegg's stock trades significantly below its moving averages, which may indicate challenges in the market.

Inside Fred Faching Chang's Trade

Fred Faching Chang's recent sale of 3,582 shares marks a continuation of his trading activity, having sold shares on previous days as well. Earlier, on October 13, he sold another 3,582 shares for about $39,316. This follows a sale of 7,164 shares on October 9, totaling approximately $83,382. The timing of these trades may reflect his views on the company's current performance and market conditions.

Other Institutional Activity in Newegg

Several institutional investors have also been active with Newegg. Penserra Capital Management LLC holds 23,690 shares valued at about $258,220 after increasing its position by 13,164 shares. UBS Group AG now has 16,279 shares worth around $177,441, following a rise of 10,151 shares. HRT Financial LP also grew its stake, adding 8,676 shares for a total of 17,353 shares valued at about $189,147.

Newegg Commerce, Inc. Stock Down 4.1%

As of October 16, 2026, Newegg's stock is trading around $10.90, which is below its 50-day moving average of $15.11 and 200-day average of $28.84. The stock is also significantly below its 52-week high of $96.29, reflecting a challenging market environment for the company.

Recent Earnings

Newegg reported trailing twelve-month revenue of approximately $1.38 billion with 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%. Its next earnings report is scheduled for May 3, 2027.

Insider Buying and Selling at Newegg Commerce, Inc.

Fred Faching Chang, who is a director and beneficial owner of more than 10% of Newegg's shares, has been active in selling shares recently. On October 13, he sold 3,582 shares for about $39,316 at a price of $10.98. On October 9, he sold 7,164 shares, totaling approximately $83,382. These transactions reflect his ongoing engagement with the company's stock.

Bottom Line

Investors should keep an eye on Newegg's upcoming earnings report in May 2027 and watch for further insider trading activity from Fred Faching Chang. As the stock remains below key moving averages, it will be important to monitor how these trends develop in the coming months.