GigaCloud Technology Leads Three US Growth Companies With High Insider Ownership

As the U.S. stock market experiences fluctuations with the Nasdaq and S&P 500 facing downturns while the Dow Jones reaches new heights, investors are navigating through a landscape marked by significant tech sell-offs and geopolitical tensions. In such times, growth companies with high insider ownership can offer a compelling narrative of stability and confidence in long-term prospects, aligning closely with those at the helm who have skin in the game.

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

Name	Insider Ownership	Earnings Growth
PDD Holdings (NasdaqGS:PDD)	32.1%	23.3%
Atour Lifestyle Holdings (NasdaqGS:ATAT)	26%	22.1%
GigaCloud Technology (NasdaqGM:GCT)	25.9%	25.2%
Victory Capital Holdings (NasdaqGS:VCTR)	12%	34%
Duolingo (NasdaqGS:DUOL)	15%	48.1%
Super Micro Computer (NasdaqGS:SMCI)	14.3%	40.2%
Credo Technology Group Holding (NasdaqGS:CRDO)	14.7%	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 182 stocks from our Fast Growing US Companies With High Insider Ownership screener.

Let's dive into some prime choices out of from the screener.

GigaCloud Technology (NasdaqGM:GCT)

Simply Wall St Growth Rating: ★★★★★★

Overview: GigaCloud Technology Inc. operates globally, offering end-to-end B2B ecommerce solutions for large parcel merchandise, with a market capitalization of approximately $1.22 billion.

Operations: The company generates its revenue primarily from providing ecommerce solutions to online retailers, amounting to $827.11 million.

Insider Ownership: 25.9%

Revenue Growth Forecast: 24.1% p.a.

GigaCloud Technology has demonstrated robust growth with its earnings surging by 263.7% over the past year and is expected to maintain a strong growth trajectory, forecasting a 25.19% annual increase in earnings and a 24.1% rise in revenue per year, outpacing the US market averages significantly. Despite recent insider trading ambiguities, GigaCloud's substantial inclusion in multiple Russell indexes as of July 2024 underscores its growing influence and potential within the market sectors it operates. This performance is underpinned by strategic expansions like their new fulfillment center in Ontario, enhancing their B2B marketplace capabilities globally.

• Click here and access our complete growth analysis report to understand the dynamics of GigaCloud Technology.
• Insights from our recent valuation report point to the potential undervaluation of GigaCloud Technology shares in the market.

monday.com (NasdaqGS:MNDY)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Monday.com Ltd. operates globally, developing software applications across various regions including the United States, Europe, the Middle East, Africa, and the United Kingdom, with a market capitalization of approximately $11.77 billion.

Operations: The company generates its revenue primarily from the Internet Software & Services segment, totaling approximately $784.35 million.

Insider Ownership: 15.7%

Revenue Growth Forecast: 20.3% p.a.

Monday.com has recently transitioned to profitability, reporting a net income of US$7.08 million for Q1 2024, a significant improvement from a net loss the previous year. This aligns with its robust revenue forecasts for Q2 and the full year, expecting up to US$948 million, marking substantial year-over-year growth. Despite this positive trajectory and trading 20.2% below estimated fair value, shareholder dilution over the past year and low forecasted Return on Equity at 15% present challenges.

• Dive into the specifics of monday.com here with our thorough growth forecast report.
• The valuation report we've compiled suggests that monday.com's current price could be inflated.

Coupang (NYSE:CPNG)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Coupang, Inc. operates a comprehensive retail business in South Korea through its mobile apps and websites, with a market capitalization of approximately $37.87 billion.

Operations: The company generates revenue primarily through its Product Commerce segment, which brought in $24.43 billion, and its Developing Offerings segment, which contributed $1.27 billion.

Insider Ownership: 10%

Revenue Growth Forecast: 15.8% p.a.

Coupang, Inc. has shown significant growth, with earnings increasing by a very large margin over the past year and revenue expected to grow at 15.8% annually, outpacing the US market's 8.7%. Despite high insider selling recently, no substantial insider purchases have been made in the last three months. The company faces regulatory challenges in Korea but continues to expand its board with executives experienced in scaling operations, like Asha Sharma from Instacart and Meta.

• Unlock comprehensive insights into our analysis of Coupang stock in this growth report.
• Our expertly prepared valuation report Coupang implies its share price may be too high.

Next Steps

• Unlock our comprehensive list of 182 Fast Growing US Companies With High Insider Ownership by clicking here.
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Searching for a Fresh Perspective?

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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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