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Newegg commerce sees $1.16 million purchase by Galkin

Published 18/08/2025, 17:26
Newegg commerce sees $1.16 million purchase by Galkin
NEGG
23.11%

Vladimir and Angelica Galkin reported purchasing 11,111 shares of Newegg Commerce, Inc. (NASDAQ:NEGG) common stock on August 15, 2025. The purchases were executed in multiple trades at prices ranging from $102.22 to $107.77, and the total transaction amounted to $1.16 million. The timing is notable as NEGG shares have surged over 1,170% year-to-date, with the stock currently trading at $103.99. InvestingPro analysis suggests the stock is currently overvalued.

Following the transaction, the Galkins directly own 3,511,111 shares of Newegg Commerce, representing a significant stake in the $1.97 billion market cap company. InvestingPro data reveals the stock has shown significant volatility, with more than 10 additional key insights available to subscribers.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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