Stock Analysis

US Growth Companies With High Insider Ownership In November 2024

NasdaqGS:CARG
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As U.S. markets reach new heights with the Dow Jones and S&P 500 hitting record levels, investor optimism is buoyed by recent political developments and monetary policy shifts. In this thriving environment, growth companies with high insider ownership are particularly appealing as they often signal strong confidence from those closest to the business, aligning well with current market dynamics that favor robust corporate governance and strategic foresight.

Top 10 Growth Companies With High Insider Ownership In The United States

NameInsider OwnershipEarnings Growth
Atour Lifestyle Holdings (NasdaqGS:ATAT)26%23.5%
GigaCloud Technology (NasdaqGM:GCT)25.6%26%
Victory Capital Holdings (NasdaqGS:VCTR)10.2%33.3%
Coastal Financial (NasdaqGS:CCB)18.1%46.1%
Credit Acceptance (NasdaqGS:CACC)14.1%50.8%
Credo Technology Group Holding (NasdaqGS:CRDO)13.9%95%
Alkami Technology (NasdaqGS:ALKT)11.2%98.6%
EHang Holdings (NasdaqGM:EH)32.8%81.4%
Carlyle Group (NasdaqGS:CG)29.5%22%
BBB Foods (NYSE:TBBB)22.9%51.2%

Click here to see the full list of 194 stocks from our Fast Growing US Companies With High Insider Ownership screener.

Here we highlight a subset of our preferred stocks from the screener.

Credit Acceptance (NasdaqGS:CACC)

Simply Wall St Growth Rating: ★★★★★★

Overview: Credit Acceptance Corporation provides financing programs and related products and services in the United States, with a market cap of approximately $5.55 billion.

Operations: The company generates revenue of $846.10 million from offering dealers financing programs and related products and services in the United States.

Insider Ownership: 14.1%

Credit Acceptance Corporation shows strong growth potential with expected annual earnings growth of over 50% and revenue growth forecasted at 34.9%, outpacing the US market. However, insider selling has been significant recently, and profit margins decreased from last year. The company reported Q3 revenue of US$550.3 million, up from US$478.6 million a year ago, but net income for nine months fell to US$96 million compared to US$192.5 million previously.

NasdaqGS:CACC Earnings and Revenue Growth as at Nov 2024
NasdaqGS:CACC Earnings and Revenue Growth as at Nov 2024

CarGurus (NasdaqGS:CARG)

Simply Wall St Growth Rating: ★★★★★☆

Overview: CarGurus, Inc. operates an online automotive platform for buying and selling vehicles both in the United States and internationally, with a market cap of $3.40 billion.

Operations: The company's revenue is primarily derived from its U.S. Marketplace segment, which generated $686.26 million, and its Digital Wholesale segment, contributing $134.48 million.

Insider Ownership: 17%

CarGurus demonstrates growth potential with its expected annual earnings increase of 53.26% and revenue growth forecasted at 12.4%, surpassing the US market average. Recent Q3 results showed a rise in sales to US$204.02 million from US$177.91 million, though net income saw only slight improvement year-over-year. Despite significant insider selling recently, CarGurus announced a share repurchase program worth up to US$200 million, underlining confidence in its future prospects amidst evolving digital retail solutions expansion in Canada and the U.S.

NasdaqGS:CARG Earnings and Revenue Growth as at Nov 2024
NasdaqGS:CARG Earnings and Revenue Growth as at Nov 2024

Tutor Perini (NYSE:TPC)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Tutor Perini Corporation is a construction company offering general contracting, construction management, and design-build services to private and public clients in the U.S. and internationally, with a market cap of approximately $1.59 billion.

Operations: Tutor Perini's revenue streams are derived from its diverse offerings in general contracting, construction management, and design-build services for both private sector clients and public agencies across domestic and international markets.

Insider Ownership: 16.5%

Tutor Perini's growth outlook is bolstered by substantial insider ownership and a robust project backlog, including significant contracts like the $1.66 billion Honolulu rail project and a $330.6 million Guam harbor repair initiative. Despite recent quarterly losses of US$100.86 million, the company is forecasted to achieve profitability within three years with earnings expected to grow 90.23% annually, signaling potential for value appreciation as it trades significantly below estimated fair value.

NYSE:TPC Earnings and Revenue Growth as at Nov 2024
NYSE:TPC Earnings and Revenue Growth as at Nov 2024

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.The analysis only considers stock directly held by insiders. It does not include indirectly owned stock through other vehicles such as corporate and/or trust entities. All forecast revenue and earnings growth rates quoted are in terms of annualised (per annum) growth rates over 1-3 years.

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