Galkin Vladimir buys 85557 Newegg shares at $44.44/share on 2025-07-14.

Newegg Commerce, Inc.[NEGG] has announced that 10% owner Galkin Vladimir has made recent purchases of the company's shares. Specifically, he acquired 85557 shares at a price of $44.44 per share on July 14, 2025, as well as an additional 81110 shares at a price of $33.53 per share on the same date. Furthermore, he also purchased 55555 shares at a price of $47.16 per share on July 14, 2025.

Newegg Commerce, Inc. (NASDAQ: NEGG) has seen significant insider activity in its shares recently. On July 14, 2025, Vladimir Galkin, a 10% owner of the company, executed three separate share purchases. The transactions are detailed in a Form 4 filing [3].

Galkin purchased 85,557 shares at $44.44 per share, 81,110 shares at $33.53 per share, and an additional 55,555 shares at $47.16 per share on the same date. These transactions represent a total investment of approximately $3,995,212.

The company's stock has been performing well, with a significant increase in value. Newegg Commerce, Inc. has seen its stock surge 118.59% in the past week, trading near its 52-week high of $56 [1]. The company's strong balance sheet, with more cash than debt, has contributed to its positive financial health score from InvestingPro.

In other news, Newegg Commerce, Inc. has regained compliance with the Nasdaq’s minimum bid price requirement. The company successfully maintained a closing bid price of at least $1.00 per share over ten consecutive business days, from April 7, 2025, to April 21, 2025 [1]. This development addresses concerns related to 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.

Additionally, Newegg Commerce, Inc. has announced a sales agreement to offer up to $65 million in common stock through an at-the-market offering. The company expects a net loss between $1.7 million and $5.7 million for the first half of 2025 [2].

The recent insider purchases and financial announcements provide insights into Newegg Commerce, Inc.'s current financial health and investor confidence. The company's ability to maintain compliance with Nasdaq's listing requirements and the strong insider support through share purchases are positive indicators for investors.

References:
[1] https://www.investing.com/news/insider-trading-news/newegg-commerce-insiders-buy-24m-in-shares-93CH-4134550
[2] https://www.benzinga.com/trading-ideas/movers/25/07/46422266/newegg-commerce-stock-is-moving-lower-tuesday-whats-going-on
[3] https://www.stocktitan.net/sec-filings/NEGG/form-4-newegg-commerce-inc-insider-trading-activity-8d7c623f298d.html