Top US Growth Stocks With High Insider Ownership In November 2024

As the U.S. stock market experiences a positive momentum, with major indexes like the Dow Jones Industrial Average and S&P 500 on track for weekly gains, investors are increasingly interested in identifying growth opportunities amidst this backdrop of recovery. In such an environment, stocks with high insider ownership can be particularly appealing, as they often indicate strong confidence from those closest to the company's operations and future prospects.

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

Name	Insider Ownership	Earnings Growth
Atour Lifestyle Holdings (NasdaqGS:ATAT)	26%	24.1%
Victory Capital Holdings (NasdaqGS:VCTR)	10.5%	31.5%
Super Micro Computer (NasdaqGS:SMCI)	14.4%	24.3%
Duolingo (NasdaqGS:DUOL)	14.6%	41.6%
On Holding (NYSE:ONON)	19.1%	29.7%
Coastal Financial (NasdaqGS:CCB)	18%	46.1%
EHang Holdings (NasdaqGM:EH)	32.8%	81%
Credo Technology Group Holding (NasdaqGS:CRDO)	13.8%	95%
Alkami Technology (NasdaqGS:ALKT)	11%	98.6%
BBB Foods (NYSE:TBBB)	22.9%	50.7%

Click here to see the full list of 208 stocks from our Fast Growing US Companies With High Insider Ownership screener.

Let's explore several standout options from the results in the screener.

AAON (NasdaqGS:AAON)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: AAON, Inc., along with its subsidiaries, is involved in the engineering, manufacturing, marketing, and selling of air conditioning and heating equipment across the United States and Canada, with a market cap of $10.73 billion.

Operations: The company's revenue segments include Basx at $199.96 million, AAON Oklahoma at $901.08 million, and AAON Coil Products at $154.62 million.

Insider Ownership: 17.5%

AAON demonstrates growth potential with insider ownership, supported by an expected annual earnings growth of 19.3%, outpacing the US market. Recent expansion into a new Memphis facility aims to meet rising data center demand and diversify manufacturing, enhancing operational stability. Despite limited insider buying recently, AAON's strategic moves include substantial buybacks and securing significant data center orders worth US$174.5 million, reflecting confidence in future revenue streams and reinforcing its position in the HVAC industry.

• Click here to discover the nuances of AAON with our detailed analytical future growth report.
• Insights from our recent valuation report point to the potential overvaluation of AAON shares in the market.

Alkami Technology (NasdaqGS:ALKT)

Simply Wall St Growth Rating: ★★★★★★

Overview: Alkami Technology, Inc. provides cloud-based digital banking solutions in the United States and has a market capitalization of approximately $3.79 billion.

Operations: The company generates revenue of $315.56 million from its Internet Software & Services segment.

Insider Ownership: 11%

Alkami Technology shows growth potential with high insider ownership and a forecasted annual revenue growth of 21.9%, surpassing the US market average. Recent strategic partnerships, including those with Gate City Bank and Kemba Credit Union, enhance its digital banking platform's reach and capabilities, driving customer engagement and cross-sell opportunities. Despite past shareholder dilution, Alkami's recent $281.25 million equity offering supports expansion efforts while aiming for profitability within three years amidst improving financial performance.

• Navigate through the intricacies of Alkami Technology with our comprehensive analyst estimates report here.
• The valuation report we've compiled suggests that Alkami Technology's current price could be inflated.

Ibotta (NYSE:IBTA)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Ibotta, Inc. is a technology company that provides the Ibotta Performance Network for consumer packaged goods brands to deliver digital promotions, with a market cap of $1.94 billion.

Operations: The company's revenue is primarily generated from its Internet Software segment, amounting to $368.55 million.

Insider Ownership: 18.8%

Ibotta demonstrates growth potential with significant insider ownership, supported by a forecasted earnings growth of 64.9% annually, outpacing the US market. Despite a recent net loss of US$7.43 million for the nine months ending September 2024, revenue increased to US$268.87 million from US$220.36 million year-over-year. The company anticipates fourth-quarter revenue between US$100-106 million and has announced a share repurchase program worth up to US$100 million, indicating confidence in its future prospects.

• Delve into the full analysis future growth report here for a deeper understanding of Ibotta.
• In light of our recent valuation report, it seems possible that Ibotta is trading beyond its estimated value.

Seize The Opportunity

• Take a closer look at our Fast Growing US Companies With High Insider Ownership list of 208 companies by clicking here.
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Contemplating Other Strategies?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
• Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence.
• Find companies with promising cash flow potential yet trading below their fair value.

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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