Top US Growth Companies With High Insider Ownership In September 2024

In this article:

As the major U.S. stock indexes maintain gains following a significant interest rate cut by the Federal Reserve, investors are keenly watching for 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's crucial to focus on companies where insiders have substantial stakes. This often indicates confidence in the company's future prospects and can be a key factor in navigating economic uncertainties.

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%

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 check out a few of the best picks from our screener tool.

TeraWulf

Simply Wall St Growth Rating: ★★★★★☆

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

Operations: The company's revenue primarily comes from Digital Currency Mining, amounting to $120.25 million.

Insider Ownership: 14.9%

Return On Equity Forecast: N/A (2027 estimate)

TeraWulf Inc. demonstrates significant growth potential with a forecasted annual revenue increase of 53.1%, outpacing the US market's average. The company is expected to become profitable within three years, reflecting above-average market growth. Recent financial results show substantial sales growth, although net losses persist. Insider ownership remains high, indicating confidence in long-term prospects despite recent share price volatility and past shareholder dilution. The company has also eliminated all outstanding debt, enhancing financial flexibility for future expansion.

NasdaqCM:WULF Earnings and Revenue Growth as at Sep 2024
NasdaqCM:WULF Earnings and Revenue Growth as at Sep 2024

Bowman Consulting Group

Simply Wall St Growth Rating: ★★★★☆☆

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

Operations: The company generates $386.81 million from providing engineering and related professional services to its customers.

Insider Ownership: 18.6%

Return On Equity Forecast: N/A (2027 estimate)

Bowman Consulting Group is forecasted to grow revenue by 13% annually, faster than the US market. Despite recent shareholder dilution, insider ownership remains high. The company is expected to become profitable within three years, with earnings projected to grow significantly. Recent contracts, such as the Taxiway V project at Charlotte Douglas International Airport and a $1.65 million contract with Oregon, bolster its growth outlook. Additionally, Bowman increased its equity buyback plan by $15 million and actively seeks acquisitions for strategic expansion.

NasdaqGM:BWMN Earnings and Revenue Growth as at Sep 2024
NasdaqGM:BWMN Earnings and Revenue Growth as at Sep 2024

GigaCloud Technology

Simply Wall St Growth Rating: ★★★★★★

Overview: GigaCloud Technology Inc. offers comprehensive B2B ecommerce solutions for large parcel merchandise both in the United States and internationally, with a market cap of $668.81 million.

Operations: GigaCloud Technology generates revenue primarily from online retailers, amounting to $984.85 million.

Insider Ownership: 25.7%

Return On Equity Forecast: 30% (2027 estimate)

GigaCloud Technology Inc. demonstrates strong growth potential, with earnings forecasted to rise by 24.26% annually and revenue expected to grow at 20.2% per year, outpacing the US market. Insider ownership remains high despite some recent selling activity. The company reported significant earnings growth over the past year and announced a $46 million share repurchase program, reflecting confidence in its financial health and future prospects amidst executive changes and strategic initiatives like index inclusions.

NasdaqGM:GCT Earnings and Revenue Growth as at Sep 2024
NasdaqGM:GCT Earnings and Revenue Growth as at Sep 2024

Make It Happen

Ready For A Different Approach?

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.

Companies discussed in this article include NasdaqCM:WULF NasdaqGM:BWMN and NasdaqGM:GCT.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

Advertisement