Newegg Commerce, Inc. (NASDAQ:NEGG - Get Free Report)'s stock price gapped up before the market opened on Friday . The stock had previously closed at $31.79, but opened at $33.70. Newegg Commerce shares last traded at $33.80, with a volume of 274,963 shares traded.
Newegg Commerce Price Performance
The business has a fifty day moving average price of $13.44 and a 200-day moving average price of $9.05. The company has a current ratio of 1.16, a quick ratio of 0.76 and a debt-to-equity ratio of 0.50.
Insider Activity
In other news, major shareholder Vladimir Galkin acquired 111,111 shares of Newegg Commerce stock in a transaction dated Thursday, July 17th. The stock was bought at an average price of $29.41 per share, for a total transaction of $3,267,774.51. Following the completion of the acquisition, the insider directly owned 2,777,777 shares in the company, valued at approximately $81,694,421.57. The trade was a 4.17% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders purchased a total of 566,563 shares of company stock worth $18,117,349 in the last three months. Insiders own 22.90% of the company's stock.
Institutional Investors Weigh In On Newegg Commerce
Several institutional investors have recently made changes to their positions in NEGG. XTX Topco Ltd bought a new stake in shares of Newegg Commerce in the first quarter valued at approximately $55,000. Squarepoint Ops LLC acquired a new position in Newegg Commerce during the fourth quarter valued at approximately $69,000. Jane Street Group LLC acquired a new position in Newegg Commerce during the fourth quarter valued at approximately $44,000. Finally, Renaissance Technologies LLC raised its position in Newegg Commerce by 69.1% during the fourth quarter. Renaissance Technologies LLC now owns 85,422 shares of the company's stock valued at $34,000 after purchasing an additional 34,900 shares in the last quarter. 0.45% of the stock is currently owned by institutional investors.
About Newegg Commerce
(
Get Free Report)
Newegg Commerce, Inc operates as an electronics-focused e-retailer in North America. The company offers desktops, laptops, gaming laptops, peripherals, and accessories; CPU/processors, graphic cards, motherboards, storage devices, and computer accessories; home video and audio, headphones, pro audio/video, cellphones, wearables, and digital cameras; display and printing, office technology furniture, office supplies, and mailing and inventory supplies; and software, digital downloads, warranty and services, 3rd party gift cards, and entertainment products.
Featured Articles
Before you consider Newegg Commerce, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Newegg Commerce wasn't on the list.
While Newegg Commerce currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for July 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
