Newegg Commerce, Inc. · Retail Stores, NEC

NEGG

Moderate riskNext report: Not enough history

View price ↗

The short version

A company still losing money with steady sales.

Going well

Sales up 17% last year

Watch out for

Losing money

Money moves

Insiders sold $884 in the last 30 days
Institutions cut 24% from their holdings in the quarter ending June 2026 (12 bought, 11 sold)

Facts from SEC filings, not a recommendation.

What the price means

Price as of Oct 26

$9.52-2.6% that day

Company value: $200M; Share price times all shares
Price vs profit (P/E): 13.6x; You pay about $14 for each $1 of yearly profit
Price vs sales: 9.3x; Company value is 9.3 times a year of sales
Cash vs value: 2%; Cash as a share of company value

From NEGG's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.

The business over time

Last 11 quarters, from SEC filings

Sales, Dec '12 (worked out from yearly totals)

$5.5M+4.9% vs a year earlier

Jun '10Tap a barDec '12

Last 12 months: $21.4M, down 1.2% from the 12 months before. Over 5 years, sales shrank about 7.3% a year.

What the price assumes

Your guesses, our math

Move the sliders to your own view of NEGG. Starting points are the company's recent numbers.

Sales growth-1% a yearRecently: -1.2% a yearProfit margin15%Last 12 months: 15.0%P/E at the end14xToday: 13.6x. Many steady companies trade at 12x to 25xShare count change+3% a yearBelow zero means buybacks; above zero means new shares (dilution)

Sales in 5 years$20M

Profit in 5 years$3M

Price these guesses point to$1.76-82% vs $9.52 todayAbout -29% a year, before dividends

What today's price needs: with a 15% margin and a 14x P/E, sales would have to grow about 39% a year for 5 years just to match today's price.

Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.

Price

Price chart by TradingView.

Business quality

The checklist Warren Buffett-style investors use. Annual numbers for 2025.

0/6Weak

MissReturn on equity 15%+Earns a lot on the money owners have in the business.-3.7%
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-0.3%
MissProfitable every yearSteady profits, not one good year.2 of 10 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$29.7M
MissShare count not growingNot diluting owners. Falling means buybacks.+7.8% in 3 years
MissGross margin 40%+Pricing power: sells for well above what it costs to make.11.7%

Revenue: $1.4B; +16.9% vs prior year
5-year growth: -7.3%/yr; revenue, per year
Current ratio: 1.41x; short-term assets / bills due
Free cash flow: -$29.7M; -2.1% of revenue

From annual reports filed with the SEC. Not in this company's SEC data, so not scored: debt under half of equity. A checklist is a starting point for research, not a verdict.

Latest quarter

Quarter ended Dec 31, 2012

Revenue: $5.5M; +4.9% YoY
EPS: $0.09; vs -$0.05
Op. margin: 10.7%; +15.8 pts
Gross margin: 37.3%; +5.4 pts
Free cash flow: $314K
Share count: +1.2%; vs a year ago

Some values are worked out from year-to-date totals in the annual report.

Insider rating

Last 90 days

50Mixed

1 insider sold $884 (not pre-planned)

50 is neutral. Buying by more insiders, top executives and bigger stakes raises it. Selling lowers it; pre-planned sales count less.

Weekly insider trend

13 weeks agoBoughtSoldThis week

Filing buzz

Last 7 days vs normal

24/ 100

This week: 1
Normal week: 3.3
vs normal: 0.3x

SEC filings of any kind. 50 means a normal week.

Institutional ownership

Steady-24.1%

Institutions cut 24.1% from their holdings. 12 bought, 11 sold. 5 quarters of net selling in a row.

Shares held by institutions100K

Sep '24Jun '26

Safety check

From SEC filings

Share count growthYearly rate, last 3 years

+3.6%

Cash runwayAt last year's cash burn

48 months

Debt to equityLatest balance sheet: debt compared with what owners have

Total liabilities $308.2M

Shares outstandingLatest reported

21M

Why moderate risk

Losing money
2 offering filings in 6 months (may sell new shares)

Earnings reports

Last 0

Next reportNot enough history

Flags and big holders

Offerings 6 months, flags 12 months, holders 90 days

5%+ holder update (active)Oct 16 · View filing ↗Activist F-3/AJun 10 · View filing ↗Offering F-3Jun 1 · View filing ↗Offering

Insider trades

Open-market buys and sells, last 90 days

Bought$00 insiders

Sold$8841 insider, 0 pre-planned

Insider	Trade	Shares	Avg price	Value	Owns after	Date
Michael ChenChief Legal Officer	Sell	67	$13.20	$884	2K	Oct 1Filing ↗
-2.7% of their holdings Not a pre-planned sale Filed 1 day after

"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.