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Top US Growth Companies with High Insider Ownership in September 2024
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Top US Growth Companies with High Insider Ownership in September 2024

With major U.S. stock indices continuing to post gains following a significant rate cut by the Federal Reserve, investors are anxiously awaiting further policy changes that could impact market dynamics. In this environment, growth companies with high insider ownership stand out as potentially strong investments due to their alignment of management and shareholder interests. When considering stocks in such a volatile market, it is critical to focus on companies where insiders have substantial stakes. This often indicates confidence in the company’s future prospects and can be an important factor in navigating economic uncertainties.

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

Name Insider ownership Profit growth
Atour Lifestyle Holdings (NasdaqGS:ATAT) 26% 23.2%
GigaCloud Technology (NasdaqGM:GCT) 25.7% 24.3%
Victory Capital Holdings (NasdaqGS:VCTR) 10.2% 32.3%
Atlas Energy Solutions (NYSE:AESI) 29.1% 42.1%
Super Micro Computer (NasdaqGS:SMCI) 25.7% 27.1%
Hims & Hers Health (NYSE:HIMS) 13.7% 40.7%
Credo Technology Group Holding (NasdaqGS:CRDO) 14.1% 95%
EHang Holdings (NasdaqGM:EH) 32.8% 81.5%
BBB Foods (NYSE:TBBB) 22.9% 51.2%
Carlyle Group (NasdaqGS:CG) 29.5% 22%

Click here to see the full list of 177 stocks from our ‘Fast Growing US Companies with High Insider Ownership’ screener.

We’re going to take a look at some of the top picks from our screener tool.

Simply Wall St Growth Rating: ★★★★★☆

Overview: TeraWulf Inc., together with its subsidiaries, operates as a digital asset technology company in the United States and has a market capitalization of approximately $1.51 billion.

Operation: The company’s revenue comes mainly from Digital Currency Mining and amounts to $120.25 million.

Insider ownership: 14.9%

Return on equity forecast: N/A (estimated 2027)

TeraWulf Inc. shows significant growth potential with a forecasted annual revenue growth rate of 53.1%, which is higher than the U.S. market average. The company is expected to become profitable within three years, reflecting above-average market growth. Recent financial results show significant revenue growth, although net losses persist. Insider ownership remains high, indicating confidence in the long-term prospects despite recent stock price volatility and previous shareholder dilution. The company has also eliminated all outstanding debt, increasing financial flexibility for future expansion.

NasdaqCM:WULF Earnings and Revenue Growth as of September 2024
NasdaqCM:WULF Earnings and Revenue Growth as of September 2024

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Bowman Consulting Group Ltd. provides real estate, energy, infrastructure and environmental management solutions in the United States and has a market capitalization of approximately $438.74 million.

Operation: The company generates $386.81 million by providing technical and related professional services to its clients.

Insider ownership: 18.6%

Return on equity forecast: N/A (estimated 2027)

Bowman Consulting Group is expected to grow revenues 13% annually, outpacing the U.S. market. Despite recent shareholder dilution, insider ownership remains high. The company is expected to become profitable within three years, with significant earnings growth expected. Recent contracts, such as the Taxiway V project at Charlotte Douglas International Airport and a $1.65 million contract with Oregon, bolster growth prospects. In addition, Bowman increased its share buyback plan by $15 million and is actively pursuing acquisitions for strategic expansion.

NasdaqGM:BWMN Earnings and Revenue Growth as of September 2024
NasdaqGM:BWMN Earnings and Revenue Growth as of September 2024

Simply Wall St Growth Rating: ★★★★★★

Overview: GigaCloud Technology Inc. provides comprehensive B2B e-commerce solutions for large parcel goods, both in the United States and internationally, with a market capitalization of $668.81 million.

Operation: GigaCloud Technology primarily generates revenue from online retailers, worth $984.85 million.

Insider ownership: 25.7%

Return on equity forecast: 30% (estimate 2027)

GigaCloud Technology Inc. shows strong growth potential, with expected earnings growth of 24.26% per year and expected revenue growth of 20.2% per year, outpacing the U.S. market. Insider ownership remains high despite recent selling activity. The company reported significant earnings growth over the past year and announced a $46 million share buyback program, reflecting confidence in its financial health and future prospects amid management changes and strategic initiatives such as index inclusions.

NasdaqGM:GCT Earnings and Revenue Growth as of September 2024
NasdaqGM:GCT Earnings and Revenue Growth as of September 2024

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This article from Simply Wall St is of a general nature. We comment solely on historical data and analyst forecasts, using an objective methodology. Our articles are not intended as financial advice. It does not constitute a recommendation to buy or sell shares and does not take into account your objectives or financial situation. We aim to provide you with a long-term oriented analysis driven by fundamental data. Please note that our analysis may not take into account the latest price sensitive company announcements or qualitative material. Simply Wall St has no position in the stocks mentioned. The analysis only takes into account shares directly held by insiders. It does not include indirect ownership of shares through other vehicles such as corporate and/or trust entities. All forecast revenue and earnings growth rates quoted are in terms of annualised (per year) growth rates over 1-3 years.

Valuation is complex, but we make it simple.

Find out whether Bowman Consulting Group may be undervalued or overvalued with our detailed analysis, including: estimates of fair value, potential risks, dividends, insider trading and the financial condition of the company.

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