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Vladimir Galkin and Angelica Galkin, both identified as 10% owners of Newegg Commerce Inc (NASDAQ:NEGG), collectively purchased shares of the company’s common stock in a series of transactions valued at $6,397,772. The purchases occured on July 16 and 17, 2025, with prices ranging from $28.0 to $30.3 per share. The stock, which InvestingPro data shows has gained over 300% year-to-date, currently trades at $33.64.
On July 16, the Galkins acquired 66,666 shares at $28.28 per share and 44,445 shares at $28.0 per share. Additional purchases on July 17 included 44,445 shares at $30.3 per share and 66,666 shares at $28.82 per share. According to InvestingPro, NEGG’s stock generally trades with high price volatility, with over 10 additional real-time insights available to subscribers.
Following these transactions, Vladimir Galkin directly owns 26,622,221 shares, while Angelica Galkin directly owns 2,777,777 shares of Newegg Commerce, Inc. Their combined stake represents a significant portion of the company’s $648.63 million market capitalization.
In other recent news, Newegg Commerce, Inc. has announced that 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 the last 10 consecutive business days. This development follows earlier concerns about Newegg’s adherence to Nasdaq’s Listing Rule 5550(a)(2), which mandates a minimum bid price of $1.00 per share for listed companies. The resolution of this issue with Nasdaq is considered a positive indicator for investors and stakeholders regarding the company’s financial standards. Newegg’s compliance effectively addresses the listing matter, resulting in the closure of the issue by Nasdaq. This recent development is crucial for maintaining investor confidence and ensuring the company’s continued presence on the capital market. The information was based on a press release from Newegg Commerce, Inc.
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