US Insider Picks: Top Growth Companies For September 2024

As the U.S. stock market faces a downturn with the S&P 500 and Nasdaq Composite closing lower amid concerns about tech stocks and economic health, investors are increasingly looking for stable opportunities in uncertain times. One indicator of potential stability and growth is high insider ownership, which often signals confidence from those closest to the company's operations.

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

Name	Insider Ownership	Earnings Growth
Atour Lifestyle Holdings (NasdaqGS:ATAT)	26%	23.2%
Atlas Energy Solutions (NYSE:AESI)	29.1%	42.1%
GigaCloud Technology (NasdaqGM:GCT)	25.7%	24.3%
Victory Capital Holdings (NasdaqGS:VCTR)	10.2%	32.3%
Hims & Hers Health (NYSE:HIMS)	13.7%	40.7%
On Holding (NYSE:ONON)	28.4%	24.4%
Credo Technology Group Holding (NasdaqGS:CRDO)	14.1%	60.9%
Carlyle Group (NasdaqGS:CG)	29.5%	22%
EHang Holdings (NasdaqGM:EH)	32.8%	78.8%
BBB Foods (NYSE:TBBB)	22.9%	91.3%

Click here to see the full list of 180 stocks from our Fast Growing US Companies With High Insider Ownership screener.

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

Intuitive Machines (NasdaqGM:LUNR)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Intuitive Machines, Inc. designs, manufactures, and operates space products and services in the United States with a market cap of $638.90 million.

Operations: The company's revenue segments include Aerospace & Defense, which generated $157.77 million.

Insider Ownership: 10.8%

Earnings Growth Forecast: 80.6% p.a.

Intuitive Machines, a growth company with high insider ownership, is forecast to see revenue grow 32.6% annually and become profitable within three years. Despite recent volatility and past shareholder dilution, analysts expect an 88.5% rise in stock price. The company recently secured a $116.9 million NASA contract for lunar missions, reflecting its strong market position in space exploration services and supporting its raised revenue guidance of $210-$240 million for 2024.

• Click here and access our complete growth analysis report to understand the dynamics of Intuitive Machines.
• According our valuation report, there's an indication that Intuitive Machines' share price might be on the cheaper side.

MediaAlpha (NYSE:MAX)

Simply Wall St Growth Rating: ★★★★★★

Overview: MediaAlpha, Inc. operates an insurance customer acquisition platform in the United States and has a market cap of $1.14 billion.

Operations: MediaAlpha generates revenue of $496.67 million from its Internet Information Providers segment.

Insider Ownership: 12.6%

Earnings Growth Forecast: 61.3% p.a.

MediaAlpha, Inc. is forecast to achieve a 22.7% annual revenue growth rate, outpacing the broader US market. Recent financial results show significant improvement with second-quarter sales reaching US$178.27 million and net income turning positive at US$3.62 million from a prior loss of US$14.29 million. The company’s multi-year partnership extension with Insurify highlights its robust technology platform's market relevance, despite recent index exclusions and past shareholder dilution concerns.

• Get an in-depth perspective on MediaAlpha's performance by reading our analyst estimates report here.
• Insights from our recent valuation report point to the potential overvaluation of MediaAlpha shares in the market.

Pinterest (NYSE:PINS)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Pinterest, Inc. operates as a visual search and discovery platform in the United States and internationally, with a market cap of approximately $21.48 billion.

Operations: Pinterest generates its revenue primarily through its Internet Information Providers segment, which accounted for $3.34 billion.

Insider Ownership: 11.3%

Earnings Growth Forecast: 34.3% p.a.

Pinterest, Inc. has shown strong financial performance with Q2 2024 sales of US$853.68 million and net income of US$8.89 million, reversing a prior loss. The company's revenue is forecast to grow at 13.5% per year, outpacing the broader US market's growth rate of 8.6%. Despite recent executive changes and past shareholder dilution, Pinterest remains profitable and is trading significantly below its estimated fair value, with earnings expected to grow substantially over the next three years.

• Click here to discover the nuances of Pinterest with our detailed analytical future growth report.
• Our expertly prepared valuation report Pinterest implies its share price may be lower than expected.

Taking Advantage

• Embark on your investment journey to our 180 Fast Growing US Companies With High Insider Ownership selection here.
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Curious About Other Options?

• 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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