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Vladimir and Angelica Galkin, both identified as 10% owners of Newegg Commerce Inc (NASDAQ:NEGG), collectively purchased shares of the company’s common stock valued at $3,284,700. The purchases, executed on July 15, 2025, involved a series of transactions with prices ranging from $29.29 to $30.23 per share. The timing is notable, as InvestingPro data shows NEGG has delivered an impressive 245% return over the past six months, with the stock currently trading near $28.
The filing indicates that 55,556 shares were bought at $29.29 each, 30,504 shares were bought within a price range of $28.70 to $29.79, and 25,051 shares were bought within a price range of $30.10 to $30.80. Following these transactions, Vladimir and Angelica Galkin directly own 2,555,555 shares of Newegg Commerce, representing a significant stake in the company, which currently maintains a market capitalization of $545 million. InvestingPro subscribers can access 12 additional key insights about NEGG’s financial health and market performance.
In other recent news, Newegg Commerce, Inc. announced it has regained compliance with Nasdaq’s minimum bid price requirement. The company confirmed that its stock maintained a closing bid price of at least $1.00 per share over ten consecutive business days. This development follows concerns regarding Newegg’s adherence to Nasdaq’s Listing Rule 5550(a)(2), which mandates a minimum bid price of $1.00 per share. With this regained compliance, Newegg has effectively addressed the listing matter, resulting in the closure of the issue by Nasdaq. This announcement serves as a positive indicator to investors and stakeholders of the company’s ability to meet the financial standards set by the Nasdaq exchange. Maintaining compliance is an important step towards sustaining investor confidence and the company’s presence on the capital market. The information is based on a press release statement from Newegg Commerce, Inc.
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