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3 US Stocks With High Insider Ownership And Up To 79% Growth
Reviewed by Simply Wall St
As the U.S. stock market reaches record highs, driven by a surge in technology stocks, investor optimism is buoyed by expectations of pro-growth policies from the incoming administration. In this environment, companies with high insider ownership can be particularly appealing as they often indicate strong confidence from those who know the business best and may offer significant growth potential.
Top 10 Growth Companies With High Insider Ownership In The United States
Name | Insider Ownership | Earnings Growth |
Atour Lifestyle Holdings (NasdaqGS:ATAT) | 26% | 25.7% |
Super Micro Computer (NasdaqGS:SMCI) | 14.4% | 24.3% |
On Holding (NYSE:ONON) | 19.1% | 29.6% |
Coastal Financial (NasdaqGS:CCB) | 17.8% | 46.1% |
Clene (NasdaqCM:CLNN) | 21.6% | 60.2% |
EHang Holdings (NasdaqGM:EH) | 32.8% | 81.5% |
Credo Technology Group Holding (NasdaqGS:CRDO) | 13.6% | 63.6% |
Alkami Technology (NasdaqGS:ALKT) | 10.9% | 98.6% |
BBB Foods (NYSE:TBBB) | 22.9% | 41.5% |
Credit Acceptance (NasdaqGS:CACC) | 14.1% | 49% |
Underneath we present a selection of stocks filtered out by our screen.
Corcept Therapeutics (NasdaqCM:CORT)
Simply Wall St Growth Rating: ★★★★★☆
Overview: Corcept Therapeutics Incorporated focuses on the discovery and development of drugs for severe endocrinologic, oncologic, metabolic, and neurologic disorders in the United States, with a market cap of approximately $6.25 billion.
Operations: The company's revenue is primarily derived from the discovery, development, and commercialization of pharmaceutical products, totaling $628.55 million.
Insider Ownership: 11.6%
Earnings Growth Forecast: 41% p.a.
Corcept Therapeutics is experiencing significant growth, with earnings forecast to expand at 41% annually, outpacing the US market. Recent earnings reports show a strong performance with net income reaching US$47.21 million in Q3 2024, up from US$31.38 million the previous year. The company raised its revenue guidance for 2024 to between $675 and $700 million. Insider transactions show more buying than selling recently, although not in substantial volumes.
- Unlock comprehensive insights into our analysis of Corcept Therapeutics stock in this growth report.
- Our valuation report here indicates Corcept Therapeutics may be undervalued.
AppFolio (NasdaqGM:APPF)
Simply Wall St Growth Rating: ★★★★☆☆
Overview: AppFolio, Inc. offers cloud-based business management solutions for the real estate industry in the United States and has a market cap of approximately $9.39 billion.
Operations: The company's revenue primarily comes from its cloud-based business management software and Value+ platforms, generating $762.37 million.
Insider Ownership: 31.1%
Earnings Growth Forecast: 17% p.a.
AppFolio's revenue is projected to grow at 16.2% annually, surpassing the US market average. Despite insider selling in recent months, the company's earnings are expected to increase by 17% per year. Recent developments include a five-year contract with Reedy & Company and the launch of FolioSpace™, enhancing property management services. Q3 2024 results showed sales of US$205.73 million, with net income rising to US$33.01 million from US$26.45 million a year ago.
- Navigate through the intricacies of AppFolio with our comprehensive analyst estimates report here.
- Upon reviewing our latest valuation report, AppFolio's share price might be too optimistic.
RingCentral (NYSE:RNG)
Simply Wall St Growth Rating: ★★★★☆☆
Overview: RingCentral, Inc. offers cloud communications, video meetings, collaboration, and contact center software-as-a-service solutions globally, with a market capitalization of approximately $3.35 billion.
Operations: The company generates revenue of $2.36 billion from its Internet Software & Services segment.
Insider Ownership: 10.5%
Earnings Growth Forecast: 79% p.a.
RingCentral's recent enhancements to its Zendesk integration reflect its commitment to expanding capabilities in customer support solutions. Despite no substantial insider buying, the company has seen more shares bought than sold recently. It reported a Q3 2024 revenue increase to US$608.77 million, with reduced net losses. The appointment of a new CFO from Amazon Web Services indicates strategic leadership focus on financial growth and operational efficiency as RingCentral aims for profitability within three years.
- Get an in-depth perspective on RingCentral's performance by reading our analyst estimates report here.
- Our expertly prepared valuation report RingCentral implies its share price may be lower than expected.
Make It Happen
- Unlock our comprehensive list of 207 Fast Growing US Companies With High Insider Ownership by clicking here.
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Looking For Alternative Opportunities?
- 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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About NYSE:RNG
RingCentral
Provides cloud communications, video meetings, collaboration, and contact center software-as-a-service solutions worldwide.
Undervalued with reasonable growth potential.