Newegg Commerce, Inc. (NASDAQ:NEGG – Get Free Report) Director Fred Chang sold 3,582 shares of the company’s stock in a transaction that occurred on Friday, October 2nd. The stock was sold at an average price of $11.88, for a total transaction of $42,554.16. Following the transaction, the director owned 2,908,147 shares in the company, valued at $34,548,786.36. The trade was a 0.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link.
Fred Faching Chang also recently made the following trade(s):
- On Monday, October 5th, Fred Chang sold 3,582 shares of Newegg Commerce stock. The shares were sold at an average price of $11.82, for a total transaction of $42,339.24.
- On Wednesday, September 30th, Fred Chang sold 3,582 shares of Newegg Commerce stock. The shares were sold at an average price of $13.18, for a total transaction of $47,210.76.
- On Monday, September 28th, Fred Chang sold 3,582 shares of Newegg Commerce stock. The stock was sold at an average price of $13.13, for a total transaction of $47,031.66.
- On Friday, September 25th, Fred Chang sold 3,582 shares of Newegg Commerce stock. The stock was sold at an average price of $13.66, for a total value of $48,930.12.
- On Wednesday, September 23rd, Fred Chang sold 3,582 shares of Newegg Commerce stock. The stock was sold at an average price of $14.31, for a total value of $51,258.42.
- On Friday, September 18th, Fred Chang sold 3,582 shares of Newegg Commerce stock. The shares were sold at an average price of $13.54, for a total value of $48,500.28.
- On Monday, September 21st, Fred Chang sold 3,582 shares of Newegg Commerce stock. The shares were sold at an average price of $13.79, for a total value of $49,395.78.
- 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 value 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 value 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 value of $51,903.18.
Newegg Commerce Stock Down 0.3%
Newegg Commerce stock traded down $0.03 during mid-day trading on Tuesday, hitting $11.91. The stock had a trading volume of 29,307 shares, compared to its average volume of 74,404. The stock has a 50-day simple moving average of $15.56 and a two-hundred day simple moving average of $22.04. Newegg Commerce, Inc. has a 12 month low of $11.10 and a 12 month high of $96.29. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.55 and a quick ratio of 0.64.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings raised shares of Newegg Commerce from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Monday, July 13th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has an average rating of “Sell”.
Check Out Our Latest Research Report on NEGG
About Newegg Commerce
Newegg Commerce, Inc is an online retailer and marketplace specializing in technology products and consumer electronics. Its product categories include computer components and peripherals, desktop and notebook computers, gaming products, mobile devices, networking equipment, home electronics, appliances, and related accessories. The company serves individual consumers, businesses, technology enthusiasts, and professional system builders.
In addition to selling products directly, Newegg operates a third-party marketplace that allows other merchants and brands to offer products through its platform.
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