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Vladimir and Angelica Galkin, both 10% owners of Newegg Commerce, Inc. (NASDAQ:NEGG), jointly purchased a total of 416,799 shares of the company’s common stock on July 17, 2025. The purchase comes as the stock has shown significant volatility, with a remarkable 272% year-to-date return despite an 18% decline in the past week, according to InvestingPro data. The purchases, executed in multiple trades, were priced between $29.24 and $30.19, resulting in a total transaction value of $12,369,205.
The filing indicates that 111,300 shares were bought at $29.24, 166,495 shares were bought at $29.54, and 139,004 shares were bought at $30.19. Following these transactions, the Galkins directly own 3,194,576 shares of Newegg Commerce.
In other recent news, Newegg Commerce, Inc. has announced that it has regained compliance with Nasdaq’s minimum bid price requirement. The company received confirmation from the Nasdaq Capital Market’s Listing Qualifications Department that its stock maintained a closing bid price of at least $1.00 per share for ten consecutive business days. This development addresses the previous concerns regarding Newegg’s adherence to Nasdaq’s Listing Rule 5550(a)(2). With this compliance, the issue with Nasdaq has been resolved. Newegg’s announcement is seen as a positive sign for investors and stakeholders regarding the company’s ability to meet financial standards. This move is important for maintaining investor confidence and ensuring the company’s continued presence on the capital market. The information was disclosed in a press release from Newegg Commerce, Inc.
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