As U.S. stocks climb and the S&P 500 approaches a new record, investors are optimistic about the economy's strength and potential interest rate cuts from the Federal Reserve. In this favorable market environment, growth companies with high insider ownership can be particularly attractive, as they often signal strong confidence from those closest to the business.

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

Click here to see the full list of 175 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.

Endava

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Endava plc provides technology services across various sectors including consumer products, healthcare, mobility, and retail in North America, Europe, the United Kingdom, and internationally; it has a market cap of approximately $1.73 billion.

Operations: The company generates £736.13 million in revenue from its computer services segment.

Insider Ownership: 23%

Endava, a growth company with high insider ownership, is forecast to see annual earnings grow 35.6%, significantly outpacing the US market's 15.2%. However, recent financial results showed a decline in revenue and profitability, with Q3 sales dropping to £174.37 million from £203.53 million and a net loss of £1.74 million compared to net income of £24.36 million last year. Despite these setbacks, the stock trades at 43% below its estimated fair value.

• Get an in-depth perspective on Endava's performance by reading our analyst estimates report here.

• Our valuation report unveils the possibility Endava's shares may be trading at a discount.

Dingdong (Cayman)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Dingdong (Cayman) Limited operates an e-commerce company in China with a market cap of $438.99 million.

Operations: Dingdong (Cayman) Limited generates revenue primarily from its online retail operations, amounting to CN¥20.76 billion.

Insider Ownership: 28.7%

Dingdong (Cayman) Limited, with significant insider ownership, has seen its earnings grow 47.64% annually and is expected to continue this trend, far surpassing the US market's growth rate of 15.2%. The company recently reported Q2 revenue of CNY 5.60 billion and a net income of CNY 67.13 million, marking a turnaround from last year's loss. Despite some volatility in share price, the stock trades at 65.7% below its estimated fair value.

• Click here to discover the nuances of Dingdong (Cayman) with our detailed analytical future growth report.

• Our valuation report here indicates Dingdong (Cayman) may be overvalued.

Paymentus Holdings

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Paymentus Holdings, Inc. offers cloud-based bill payment technology and solutions both in the United States and internationally, with a market cap of $2.89 billion.

Operations: Paymentus Holdings generates $699.52 million from providing services to financial companies.

Insider Ownership: 17.6%

Paymentus Holdings, with substantial insider ownership, reported strong Q2 results with revenue of US$197.42 million and net income of US$9.36 million, both showing significant year-over-year growth. Earnings are forecast to grow 24.92% annually, outpacing the US market's 15.2%. Despite some insider selling in the past three months, the company expects continued revenue growth between US$770 million and US$780 million for fiscal year 2024.

• Delve into the full analysis future growth report here for a deeper understanding of Paymentus Holdings.

• In light of our recent valuation report, it seems possible that Paymentus Holdings is trading beyond its estimated value.

Key Takeaways

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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.

Companies discussed in this article include NYSE:DAVA NYSE:DDL and NYSE:PAY.

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