Newegg Commerce, Inc. (NASDAQ:NEGG – Get Free Report) Director Fred Chang sold 3,582 shares of the firm’s stock in a transaction on Monday, September 14th. The stock was sold at an average price of $14.49, for a total value of $51,903.18. Following the completion of the sale, the director directly owned 3,023,213 shares of the company’s stock, valued at $43,806,356.37. The trade was a 0.12% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
Fred Faching Chang also recently made the following trade(s):
- On Tuesday, September 15th, Fred Chang sold 23,582 shares of Newegg Commerce stock. The stock was sold at an average price of $13.38, for a total value of $315,527.16.
- On Thursday, September 10th, Fred Chang sold 3,582 shares of Newegg Commerce stock. The shares were sold at an average price of $14.47, for a total value of $51,831.54.
- On Wednesday, September 9th, Fred Chang sold 12,564 shares of Newegg Commerce stock. The shares were sold at an average price of $15.13, for a total value of $190,093.32.
- On Tuesday, September 8th, Fred Chang sold 13,582 shares of Newegg Commerce stock. The shares were sold at an average price of $15.18, for a total value of $206,174.76.
- On Friday, September 4th, Fred Chang sold 13,582 shares of Newegg Commerce stock. The stock was sold at an average price of $15.62, for a total value of $212,150.84.
- On Thursday, September 3rd, Fred Chang sold 3,582 shares of Newegg Commerce stock. The stock was sold at an average price of $16.40, for a total value of $58,744.80.
- On Wednesday, September 2nd, Fred Chang sold 23,582 shares of Newegg Commerce stock. The shares were sold at an average price of $16.77, for a total transaction of $395,470.14.
- On Tuesday, September 1st, Fred Chang sold 3,582 shares of Newegg Commerce stock. The shares were sold at an average price of $15.87, for a total transaction of $56,846.34.
Newegg Commerce Price Performance
Shares of Newegg Commerce stock opened at $13.03 on Friday. The company has a 50 day moving average price of $15.73 and a 200 day moving average price of $24.48. The company has a quick ratio of 0.64, a current ratio of 1.55 and a debt-to-equity ratio of 0.21. Newegg Commerce, Inc. has a 52 week low of $12.50 and a 52 week high of $96.29.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings raised shares of Newegg Commerce from a “sell (e+)” rating to a “sell (d-)” rating in a report on Monday, July 13th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company has a consensus rating of “Sell”.
Read Our Latest Analysis on NEGG
About Newegg Commerce
Newegg Commerce, Inc operates an e-commerce platform focused on technology products and consumer electronics. Its merchandise includes computer components, laptops, desktop computers, peripherals, networking equipment, software, gaming products, home electronics, appliances and related accessories.
The company serves individual consumers, businesses and technology enthusiasts through its Newegg retail platform and marketplace. In addition to selling products directly, Newegg enables third-party merchants and brands to offer merchandise through its platform and provides services such as fulfillment, advertising and business-to-business purchasing support.
Newegg was founded in 2001 and is headquartered in the City of Industry, California.
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