Fred Faching Chang Sells 15,000 Shares of Newegg Commerce (NASDAQ:NEGG) Stock

Posted by Renee Jackson on May 22nd, 2026

Newegg Commerce, Inc. (NASDAQ:NEGG – Get Free Report) Director Fred Faching Chang sold 15,000 shares of Newegg Commerce stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $31.88, for a total value of $478,200.00. Following the transaction, the director directly owned 3,384,433 shares in the company, valued at approximately $107,895,724.04. The trade was a 0.44% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Fred Faching Chang also recently made the following trade(s):

On Monday, May 18th, Fred Faching Chang sold 20,000 shares of Newegg Commerce stock. The stock was sold at an average price of $19.66, for a total value of $393,200.00.
On Thursday, May 14th, Fred Faching Chang sold 20,000 shares of Newegg Commerce stock. The stock was sold at an average price of $22.52, for a total value of $450,400.00.
On Tuesday, May 12th, Fred Faching Chang sold 20,000 shares of Newegg Commerce stock. The stock was sold at an average price of $23.66, for a total value of $473,200.00.
On Monday, May 11th, Fred Faching Chang sold 6,944 shares of Newegg Commerce stock. The stock was sold at an average price of $25.41, for a total value of $176,447.04.
On Friday, May 8th, Fred Faching Chang sold 20,000 shares of Newegg Commerce stock. The stock was sold at an average price of $26.25, for a total value of $525,000.00.
On Thursday, May 7th, Fred Faching Chang sold 6,483 shares of Newegg Commerce stock. The stock was sold at an average price of $30.25, for a total value of $196,110.75.
On Wednesday, May 6th, Fred Faching Chang sold 703 shares of Newegg Commerce stock. The stock was sold at an average price of $32.29, for a total value of $22,699.87.
On Tuesday, May 5th, Fred Faching Chang sold 3,657 shares of Newegg Commerce stock. The stock was sold at an average price of $30.10, for a total value of $110,075.70.
On Friday, May 1st, Fred Faching Chang sold 15,000 shares of Newegg Commerce stock. The stock was sold at an average price of $33.94, for a total value of $509,100.00.
On Thursday, April 30th, Fred Faching Chang sold 20,000 shares of Newegg Commerce stock. The stock was sold at an average price of $34.53, for a total value of $690,600.00.

Newegg Commerce Trading Down 1.8%

NEGG stock opened at $20.21 on Friday. The stock’s fifty day simple moving average is $35.57 and its two-hundred day simple moving average is $50.53. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.41 and a quick ratio of 0.76. Newegg Commerce, Inc. has a 1-year low of $4.70 and a 1-year high of $137.84.

Newegg Commerce (NASDAQ:NEGG – Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The company reported ($0.02) earnings per share for the quarter, topping the consensus estimate of ($0.40) by $0.38. The business had revenue of $374.40 million during the quarter, compared to analysts’ expectations of $439.20 million.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. NewEdge Advisors LLC purchased a new position in shares of Newegg Commerce during the 3rd quarter valued at $30,000. Royal Bank of Canada lifted its position in shares of Newegg Commerce by 5,472.2% during the 4th quarter. Royal Bank of Canada now owns 1,003 shares of the company’s stock valued at $51,000 after buying an additional 985 shares during the last quarter. Squarepoint Ops LLC purchased a new position in shares of Newegg Commerce during the 4th quarter valued at $251,000. Qube Research & Technologies Ltd purchased a new position in shares of Newegg Commerce during the 3rd quarter valued at $207,000. Finally, Quantum Private Wealth LLC purchased a new position in shares of Newegg Commerce during the 3rd quarter valued at $210,000. Hedge funds and other institutional investors own 0.45% of the company’s stock.

Key Headlines Impacting Newegg Commerce

Here are the key news stories impacting Newegg Commerce this week:

Negative Sentiment: Director Fred Faching Chang disclosed multiple share sales between May 4 and May 18, including a 20,000-share sale on May 18 and several other sales earlier in the month. The repeated insider selling may be viewed as a bearish signal for Newegg Commerce. SEC filing
Neutral Sentiment: Chang still holds a very large stake in Newegg Commerce, so despite the recent selling, he remains heavily invested in the company. SEC filing
Neutral Sentiment: Newegg recently reported quarterly EPS of -$0.02, beating expectations, but revenue came in below consensus. That mixed earnings result may be limiting any upside response from investors. MarketBeat earnings summary
Neutral Sentiment: Weiss Ratings recently changed its view on Newegg Commerce from “sell (e+)” to “sell (d-)”, which is still a bearish rating but slightly less negative than before. Weiss Ratings

Analysts Set New Price Targets

Separately, Weiss Ratings raised Newegg Commerce from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Monday. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Get Our Latest Stock Report on NEGG

About Newegg Commerce

(Get Free Report)

Newegg Commerce, Inc (NASDAQ: NEGG) is a leading online retailer and marketplace specializing in technology products, consumer electronics and computer hardware. Founded in 2001 and headquartered in City of Industry, California, the company operates the flagship Newegg.com platform, which offers an extensive selection of desktops, laptops, components, peripherals, software and related accessories. Newegg’s business model combines direct retail sales with a third-party marketplace, enabling both established brands and independent sellers to reach a technology-focused audience.

In addition to its core e-commerce offerings, Newegg provides a range of value-added services, including logistics support, warehousing and fulfillment solutions designed to streamline order processing for marketplace partners.