Insider Selling: Newegg Commerce (NASDAQ:NEGG) Director Sells 703 Shares of Stock

Market Beat
2026.05.20 21:27
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Newegg Commerce Director Fred Faching Chang sold 703 shares at $32.29 each, totaling $22,699.87, reducing his stake by 0.02%. Following this, he owns 3,380,073 shares valued at approximately $109.14 million. This sale is part of a series of transactions where Chang sold tens of thousands of shares, raising concerns about insider selling. The company's stock performance shows a recent trading price of $20.57, with mixed sentiment following its latest earnings report.