Newegg Commerce, Inc. (NASDAQ:NEGG – Get Free Report) Director Fred Chang sold 3,582 shares of the stock in a transaction dated Monday, September 21st. The shares were sold at an average price of $13.79, for a total value of $49,395.78. Following the completion of the sale, the director owned 2,940,385 shares of the company’s stock, valued at approximately $40,547,909.15. This trade represents a 0.12% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.
Fred Faching Chang also recently made the following trade(s):
- On Friday, September 18th, Fred Chang sold 3,582 shares of Newegg Commerce stock. The stock was sold at an average price of $13.54, for a total value of $48,500.28.
- On Thursday, September 17th, Fred Chang sold 28,500 shares of Newegg Commerce stock. The shares were sold at an average price of $13.05, for a total transaction of $371,925.00.
- 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 transaction of $315,527.16.
- On Monday, September 14th, Fred Chang sold 3,582 shares of Newegg Commerce stock. The shares were sold at an average price of $14.49, for a total transaction of $51,903.18.
- On Thursday, September 10th, Fred Chang sold 3,582 shares of Newegg Commerce stock. The stock was sold at an average price of $14.47, for a total transaction 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 transaction 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 shares were 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 stock was sold at an average price of $16.77, for a total value of $395,470.14.
Newegg Commerce Price Performance
Shares of NEGG opened at $14.71 on Wednesday. The company has a quick ratio of 0.64, a current ratio of 1.55 and a debt-to-equity ratio of 0.21. The business’s 50 day moving average is $15.74 and its two-hundred day moving average is $23.87. Newegg Commerce, Inc. has a 52-week low of $12.50 and a 52-week high of $96.29.
Analysts Set New Price Targets
Separately, Weiss Ratings upgraded shares of Newegg Commerce from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Monday, July 13th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, Newegg Commerce presently has an average rating of “Sell”.
Get Our Latest Analysis on NEGG
Newegg Commerce Company Profile
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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