Home / Business and Economy / Insider Bets Big on Newegg's Meteoric Rise in 2025
Insider Bets Big on Newegg's Meteoric Rise in 2025
15 Aug
Summary
- Newegg stock up 2,875% in 2025
- Insider Vladimir Galkin buys over 1.3 million shares
- Newegg faces revenue decline and lack of analyst coverage
In a remarkable turn of events, Newegg (NEGG) stock has been nothing short of life-changing for investors in 2025. As of August 15th, 2025, the e-commerce firm's shares are trading at a staggering $90, up a massive 2,875% from its year-to-date low.
Fueling this dramatic surge is the significant insider buying by Vladimir Galkin, who has purchased over 1.2 million NEGG shares in July and an additional 150,000 shares in August. Galkin's substantial investment in the Nasdaq-listed company suggests he sees the stock as undervalued with significant upside potential.
However, the article cautions that much of Newegg's meteoric rise has been driven by speculative buying and retail frenzy, rather than fundamental strength. In fact, the company has been grappling with a 17.3% year-over-year revenue decline in fiscal 2024, and it currently lacks coverage from Wall Street analysts, a major red flag for serious investors.
Despite Galkin's bullish bets, the article advises caution in buying Newegg shares at current levels, as the stock remains a speculative bet at best in the second half of 2025.
