NEGG Newegg Commerce, Inc.
Price Chart
Executive Summary
Two Newegg insiders sold shares totaling ~$1.2M in open-market transactions over a 7-day window, with Director Fred Chang accounting for the bulk ($1.2M). The selling represents ~0.17% of market cap — modest but notable given the cluster's proximity to a prior late-filing context and the company's recent negative historical performance. No insider buying offsets the selling, and the cluster is amplified by cross-filing context suggesting possible material developments.
Key Financial Metrics
Actionable Insight
The concentrated selling by a director without any insider buying is a cautionary signal. Monitor for upcoming earnings or material disclosures that may have prompted the sales. The cross-filing amplifiers (late-filing context, offering context) increase the probability of negative news. Consider reducing exposure or hedging until clarity emerges.
Key Facts
- Director Fred Chang sold 35,000 shares for ~$1.2M in two open-market transactions on April 30 and May 1.
- Chief Legal Officer Michael Chen sold 67 shares for ~$2,345 on May 1, plus exercised derivatives and surrendered shares for tax withholding.
- Total open-market selling value is ~$1.2M, or ~0.17% of NEGG's $715M market cap.
- No insider purchases were reported in the cluster.
- The cluster is amplified by cross-filing context including a late-filing notice and potential offering/press activity.
Financial Impact
Total insider selling of ~$1.2M, representing ~0.17% of market cap.
Risk Factors
- Insider selling may precede negative earnings or operational updates.
- Cross-filing amplifiers (late-filing, offering context) suggest elevated risk of adverse material events.
- Historical performance shows prior neutral reports on NEGG underperformed at T+20, indicating persistent negative drift.
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-NEGG-1777935111013 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 4, 2026
11d ago
|
Insider Cluster
| $19.95 awaiting T+1 | awaiting T+1 | — | $18.53 (−7.12%) |
|
Jun 4, 2026
11d ago
|
Insider Cluster
| $18.45 $17.34 | ▼ −6.02% | ▼ −3.42% | $18.53 (+0.43%) |
|
Jun 2, 2026
12d ago
|
Insider Cluster
| $18.21 $18.45 | ▲ +1.32% | ▲ +0.92% | $18.53 (+1.76%) |
|
May 28, 2026
17d ago
|
6-K
| $18.61 $18.57 | ▼ −0.21% | ▼ −0.45% | $18.53 (−0.43%) |
|
May 20, 2026
25d ago
|
Insider Cluster
| $20.21 $20.27 | ▲ +0.30% | ▼ −0.15% | $18.53 (−8.31%) |
|
May 1, 2026
6w ago
|
Insider Cluster
| $34.11 $30.58 | ▲ +10.35% | ▲ +10.01% | $18.53 (+45.68%) |
|
May 1, 2026
6w ago
|
Insider Cluster
| $34.11 $30.58 | ▲ +10.35% | ▲ +10.01% | $18.53 (+45.68%) |
US Market Status
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