NEGG Newegg Commerce, Inc.
Price Chart
Executive Summary
Two insiders at Newegg Commerce sold a combined $47K in open-market transactions over a 7-day window, led by director Fred Chang. The dollar value is trivial relative to the $382M market cap (0.01%), and the cluster is dominated by a single director's small sales, which carry limited informational weight per the academic literature. No C-suite executives participated in open-market selling, and the amounts are too small to signal material adverse news.
Key Financial Metrics
Actionable Insight
This cluster is too small to drive a trading signal. Monitor for any larger insider sales or a material corporate event (earnings, offering, restructuring) that could justify a more meaningful read. The stock has rallied significantly in recent weeks, so these sales may simply reflect profit-taking at elevated prices.
Key Facts
- Director Fred Chang sold 2,583 shares for $45K on June 1, 2026
- Chief Legal Officer Michael Chen sold 67 shares for $1K on June 1, 2026
- Total cluster value of $47K represents ~0.01% of NEGG's $382M market cap
- No CEO, CFO, or other C-suite executives sold in the cluster window
- Chen also exercised 105 derivative shares (non-cash) and had 38 shares withheld for taxes on May 29
Financial Impact
Total insider sales of $47K, immaterial relative to $382M market cap
Risk Factors
- Insider sales could accelerate if the stock continues to rise, creating overhang
- No fundamental catalyst identified — cluster alone does not indicate business deterioration
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-NEGG-1780537395624 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 15, 2026
2d ago
|
EFFECT
| $18.60 $18.20 | ▼ −2.15% | ▼ −1.55% | $18.20 (−2.15%) |
|
Jun 4, 2026
13d ago
|
Insider Cluster
| $18.45 $17.34 | ▼ −6.02% | ▼ −3.44% | $18.20 (−1.36%) |
|
Jun 4, 2026
13d ago
|
Insider Cluster
| $18.45 $17.34 | ▼ −6.02% | ▼ −3.42% | $18.20 (−1.36%) |
|
Jun 2, 2026
14d ago
|
Insider Cluster
| $18.21 $18.45 | ▲ +1.32% | ▲ +0.92% | $18.20 (−0.05%) |
|
May 28, 2026
19d ago
|
6-K
| $18.61 $18.57 | ▼ −0.21% | ▼ −0.45% | $18.20 (−2.20%) |
|
May 20, 2026
27d ago
|
Insider Cluster
| $20.21 $20.27 | ▲ +0.30% | ▼ −0.15% | $18.20 (−9.95%) |
|
May 1, 2026
6w ago
|
Insider Cluster
| $34.11 $30.58 | ▲ +10.35% | ▲ +10.01% | $18.20 (+46.64%) |
|
May 1, 2026
6w ago
|
Insider Cluster
| $34.11 $30.58 | ▲ +10.35% | ▲ +10.01% | $18.20 (+46.64%) |
US Market Status
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