Stock Analysis

Himax Technologies And Two More US Growth Companies With Strong Insider Holdings

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Amid a turbulent trading environment where major U.S. stock indices like the Dow Jones and Nasdaq Composite have experienced significant fluctuations, investors are increasingly focused on fundamental strengths such as high insider ownership which can signal confidence in a company's future prospects. In this context, companies like Himax Technologies, with substantial insider holdings, may offer a layer of reassurance about their stability and growth potential.

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

NameInsider OwnershipEarnings Growth
GigaCloud Technology (NasdaqGM:GCT)25.9%25.2%
PDD Holdings (NasdaqGS:PDD)32.1%21.4%
Atour Lifestyle Holdings (NasdaqGS:ATAT)26%22.1%
Victory Capital Holdings (NasdaqGS:VCTR)12%34%
Bridge Investment Group Holdings (NYSE:BRDG)11.6%98.2%
Super Micro Computer (NasdaqGS:SMCI)14.3%40.2%
Credo Technology Group Holding (NasdaqGS:CRDO)14.5%60.9%
Carlyle Group (NasdaqGS:CG)29.2%23.6%
EHang Holdings (NasdaqGM:EH)32.8%74.3%
BBB Foods (NYSE:TBBB)22.9%94.7%

Click here to see the full list of 183 stocks from our Fast Growing US Companies With High Insider Ownership screener.

We'll examine a selection from our screener results.

Himax Technologies (NasdaqGS:HIMX)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Himax Technologies, Inc. is a fabless semiconductor company that specializes in display imaging processing technologies, operating across China, Taiwan, the Philippines, Korea, Japan, Europe, and the United States with a market cap of approximately $1.42 billion.

Operations: The company specializes in display imaging processing technologies with operations across multiple global regions.

Insider Ownership: 29.1%

Earnings Growth Forecast: 30.6% p.a.

Himax Technologies, a company with substantial insider ownership, recently showcased its WiseEye™ AI technology in collaboration with NVIDIA at Citi’s 2024 Taiwan Tech Conference. Despite a decline in quarterly revenue from US$244.2 million to US$207.55 million and net income dropping to US$12.5 million, Himax is optimistic about its innovative offerings like the ultralow power AI sensing solutions for battery-powered devices. These advancements are expected to enhance enterprise-ready AI capabilities significantly, although challenges remain with lower-than-industry-average profit margins and slower revenue growth projections compared to peers.

NasdaqGS:HIMX Earnings and Revenue Growth as at Jul 2024

PDF Solutions (NasdaqGS:PDFS)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: PDF Solutions, Inc. offers software and intellectual property products for integrated circuit designs, along with measurement tools and services globally, with a market capitalization of approximately $1.52 billion.

Operations: The company generates revenue primarily through its Software & Programming segment, which brought in $166.39 million.

Insider Ownership: 17.6%

Earnings Growth Forecast: 95.6% p.a.

PDF Solutions, despite a recent net loss of US$0.393 million from last quarter's earnings, is actively engaging the market with presentations at significant technology conferences and has announced a share repurchase program worth US$40 million. The company forecasts a 20% revenue growth for the second half of 2024, indicating confidence in its operational trajectory. However, insider transactions have been minimal over the past three months, suggesting cautious optimism among those closest to company operations.

NasdaqGS:PDFS Earnings and Revenue Growth as at Jul 2024

Sable Offshore (NYSE:SOC)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Sable Offshore Corp. is involved in oil and gas exploration and development in the United States, with a market capitalization of approximately $940.40 million.

Operations: The company generates revenue through its involvement in oil and gas exploration and development activities.

Insider Ownership: 29.0%

Earnings Growth Forecast: 82.7% p.a.

Sable Offshore has recently been added to multiple Russell indexes, signaling a broadening market recognition. Despite a substantial first-quarter net loss of US$191.89 million, the company is poised for significant revenue growth, forecasted at 77.1% annually. Regulatory approvals and an operator designation for the Santa Ynez Unit underscore operational advancements. However, shareholder dilution over the past year and significant insider selling raise concerns about its immediate financial stability amidst ambitious growth targets.

NYSE:SOC Earnings and Revenue Growth as at Jul 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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