Newegg commerce 10% owners buy shares worth $3.1m

Published 14/08/2025, 20:56
Newegg commerce 10% owners buy shares worth $3.1m

Vladimir and Angelica Galkin, both identified as 10% owners of Newegg Commerce Inc (NASDAQ:NEGG), reported purchasing shares of the company’s common stock in two transactions. The total value of shares acquired was $3,106,162. The purchases come as Newegg, currently valued at $2.4 billion, has seen its stock surge over 1,000% year-to-date according to InvestingPro data.

On August 6, 2025, the Galkins purchased 6,183 shares of Newegg Commerce at prices ranging from $57.50 to $58.85, for a total value of $363,448. On August 7, 2025, they acquired 49,374 additional shares at a price of $55.55 per share, for a total value of $2,742,714. Following these transactions, the Galkins directly own 3,500,000 shares of Newegg Commerce. The stock, which currently trades at $127.73, has shown significant volatility with a beta of 4.28. Want deeper insights into insider trading patterns and 12+ additional key metrics? Check out InvestingPro.

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