The insider sales are routine in size and composition, with no C-suite selling. Monitor for any upcoming earnings or corporate events that could explain the director's sale, but this cluster alone does not warrant a bearish stance.
Price Chart
Executive Summary
Two Newegg insiders sold shares in a cluster totaling ~$647K, with Director He Zhitao accounting for the vast majority ($646K). The sales are modest relative to the $318M market cap (~0.2%), and the CLO's sale is trivial. The cluster is dominated by a single director's sale, not C-suite, and the dollar amount is not material enough to signal a bearish view on fundamentals.
Key Financial Metrics
Key Facts
- Director He Zhitao sold 39,149 shares at $16.50 for ~$646K on 2026-09-03.
- Chief Legal Officer Chen Michael sold 67 shares at $16.28 for ~$1K on 2026-09-01.
- Total cluster value of ~$647K represents ~0.2% of NEGG's $318M market cap.
- The sales are not clustered among C-suite executives; the largest seller is a director/10% owner.
- No open-market purchases in the cluster; only sales and non-cash derivative exercises/tax withholdings by the Interim CFO.
Financial Impact
~$647K in insider sales, ~0.2% of market cap
Risk Factors
- Director He Zhitao's sale could be followed by additional selling if it is part of a broader diversification plan.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-NEGG-1788994867779 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 20, 2026 5d ago | 6-K | $10.56 | awaiting T+5 | — | $9.62 (−8.90%) |
Oct 16, 2026 9d ago | SC 13D/A | $10.90 $9.70 | ▲ +11.01% | ▲ +10.58% | $9.62 (+11.74%) |
Sep 8, 2026 6w ago | Insider Cluster | $15.06 $13.27 | ▲ +11.89% | ▲ +10.79% | $9.62 (+36.12%) |
Sep 8, 2026 6w ago | Insider Cluster | $15.06 $13.27 | ▼ −11.89% | ▼ −11.23% | $9.62 (−36.12%) |
Jun 15, 2026 19w ago | EFFECT | $18.60 $17.66 | ▼ −5.05% | ▼ −3.67% | $9.62 (−48.28%) |
Jun 3, 2026 20w ago | Insider Cluster | $18.45 $18.61 | ▲ +0.87% | ▲ +3.42% | $9.62 (−47.86%) |
Jun 3, 2026 20w ago | Insider Cluster | $18.45 $18.61 | ▲ +0.87% | ▲ +3.42% | $9.62 (−47.86%) |
Jun 2, 2026 20w ago | Insider Cluster | $18.21 $16.78 | ▼ −7.85% | ▼ −4.03% | $9.62 (−47.17%) |
May 28, 2026 21w ago | 6-K | $18.61 $18.21 | ▼ −2.15% | ▼ −2.10% | $9.62 (−48.31%) |
May 20, 2026 22w ago | Insider Cluster | $20.21 $18.57 | ▼ −8.11% | ▼ −9.96% | $9.62 (−52.40%) |
US Market Status
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