NEGG Newegg Commerce, Inc.

NEUTRAL Impact: 4/10 Insider Cluster (2 insiders)
Horizon days Filed Jun 4, 2026 Processed 1d 6h ago
Insider cluster: 2 insiders, $372K total

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Executive Summary

Two Newegg insiders sold shares in a cluster totaling $372K, with Director Fred Chang accounting for $371K of that at ~$20/share. The sales are modest relative to the $364M market cap (0.1%), and the CFO's derivative exercises are non-cash events. This cluster is notable for the director's open-market sales but does not signal material insider bearishness given the small dollar amount.

Key Financial Metrics

Direction
selling
Total Value
$372.0K
Insiders
2

Actionable Insight

Two Newegg insiders sold shares in a cluster totaling $372K, with Director Fred Chang accounting for $371K of that at ~$20/share. The sales are modest relative to the $364M market cap (0.1%), and the CFO's derivative exercises are non-cash events. This cluster is notable for the director's open-market sales but does not signal material insider bearishness given the small dollar amount.

Key Facts

  • Director Fred Chang sold 29,630 shares for $371K at ~$20/share on June 2-3, 2026.
  • Chief Legal Officer Michael Chen sold 67 shares for $1K at $18.18 on June 1, 2026.
  • Interim CFO Christina Ching exercised derivatives and surrendered shares for tax withholding (non-cash, $0 net value).
  • Total open-market sales of $372K represent ~0.1% of NEGG's $364M market cap.
  • No insider open-market purchases were reported in the cluster.

Financial Impact

Total insider sales of $372K, or 0.1% of market cap — trivial relative to company size.

insider ownership

Risk Factors

  • Director Chang's sales could precede further insider selling if the stock price remains elevated.
  • No insider buying to offset the selling — lack of bullish conviction from management.

Market Snapshot

Exchange
Nasdaq
Sector
Retail-Retail Stores, NEC
Analyst Consensus
86% bullish (7 analysts)

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-NEGG-1780961953929
7 reports for NEGG
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for NEGG — sortable, filterable
Type Now
Jun 4, 2026
6d ago
Insider Cluster
NEUTRAL ★ 4/10
$19.95 awaiting T+1awaiting T+1$18.13 (−9.12%)
Jun 4, 2026
6d ago
Insider Cluster
NEUTRAL ★ 2/10
$18.45 $17.34▼ −6.02%▼ −3.42%$18.13 (−1.73%)
Jun 2, 2026
7d ago
Insider Cluster
NEUTRAL ★ 4/10
$18.21 $18.45▲ +1.32%▲ +0.92%$18.13 (−0.44%)
May 28, 2026
12d ago
6-K
MIXED ★ 5/10
$18.61 $18.57▼ −0.21%▼ −0.45%$18.13 (−2.58%)
May 20, 2026
20d ago
Insider Cluster
NEUTRAL ★ 4/10
$20.21 $20.27▲ +0.30%▼ −0.15%$18.13 (−10.29%)
May 1, 2026
5w ago
Insider Cluster
BEARISH ★ 5/10
$34.11 $30.58▲ +10.35%▲ +10.01%$18.13 (+46.85%)
May 1, 2026
5w ago
Insider Cluster
BEARISH ★ 5/10
$34.11 $30.58▲ +10.35%▲ +10.01%$18.13 (+46.85%)
Showing 7 of 7

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