US Growth Companies With High Insider Ownership And 53% Earnings Growth

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The U.S. stock market has recently seen modest gains, with the S&P 500 and Nasdaq Composite inching higher amid investor anticipation of major tech earnings reports and potential interest rate cuts from the Federal Reserve. In this environment, identifying growth companies with high insider ownership can be particularly rewarding, as these firms often exhibit strong alignment between management and shareholder interests, driving robust earnings growth.

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

Name

Insider Ownership

Earnings Growth

Atour Lifestyle Holdings (NasdaqGS:ATAT)

26%

21.9%

GigaCloud Technology (NasdaqGM:GCT)

25.9%

24.7%

PDD Holdings (NasdaqGS:PDD)

32.1%

21.6%

Victory Capital Holdings (NasdaqGS:VCTR)

12%

32.3%

Bridge Investment Group Holdings (NYSE:BRDG)

11.3%

98.2%

Super Micro Computer (NasdaqGS:SMCI)

14.3%

39%

Credo Technology Group Holding (NasdaqGS:CRDO)

14.4%

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 184 stocks from our Fast Growing US Companies With High Insider Ownership screener.

Let's explore several standout options from the results in the screener.

PureCycle Technologies

Simply Wall St Growth Rating: ★★★★★☆

Overview: PureCycle Technologies, Inc. (NasdaqCM:PCT) focuses on producing recycled polypropylene (PP) and has a market cap of $1.28 billion.

Operations: PureCycle Technologies, Inc. generates revenue primarily from the production of recycled polypropylene (PP).

Insider Ownership: 11.1%

Earnings Growth Forecast: 53.7% p.a.

PureCycle Technologies is a growth company with significant insider ownership, focusing on recycling polypropylene waste. Despite a net loss of US$85.61 million in Q1 2024, its revenue is forecast to grow 50% annually, outpacing the market. Recent developments include FDA approval for food-contact applications and successful trials with MiniFIBERS and Beverly Knits. However, the company faces legal challenges with a proposed US$12 million class action settlement pending approval in October 2024.

NasdaqCM:PCT Ownership Breakdown as at Jul 2024
NasdaqCM:PCT Ownership Breakdown as at Jul 2024

AirSculpt Technologies

Simply Wall St Growth Rating: ★★★★☆☆

Overview: AirSculpt Technologies, Inc., through its subsidiaries, offers body contouring procedure services in the United States and has a market cap of approximately $273.46 million.

Operations: The company generates revenue primarily from direct medical procedure services, amounting to $197.72 million.

Insider Ownership: 26%

Earnings Growth Forecast: 53.4% p.a.

AirSculpt Technologies, a growth company with high insider ownership, has shown promising financial performance by reporting US$6.03 million in net income for Q1 2024 compared to a net loss last year. Despite being dropped from multiple Russell indexes on July 1, its revenue is forecast to grow 11.9% annually, outpacing the US market's average growth rate. However, the company's share price has been highly volatile and interest payments are not well covered by earnings.

NasdaqGM:AIRS Ownership Breakdown as at Jul 2024
NasdaqGM:AIRS Ownership Breakdown as at Jul 2024

Allegiant Travel

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Allegiant Travel Company, with a market cap of $932.53 million, is a leisure travel company that offers travel services and products to residents of under-served cities in the United States.

Operations: Allegiant Travel's revenue segments include $2.49 billion from its airline operations and $26.77 million from the Sunseeker Resort.

Insider Ownership: 17%

Earnings Growth Forecast: 43% p.a.

Allegiant Travel's earnings are forecast to grow significantly at 43% annually, outpacing the US market. Despite a high debt level and recent drops from multiple Russell indexes, its revenue is expected to grow faster than the market at 9% per year. The company's P/E ratio of 15.9x is below the US market average, indicating potential value. Recent insider buying suggests confidence in future performance despite a low forecasted return on equity of 9.2%.

NasdaqGS:ALGT Earnings and Revenue Growth as at Jul 2024
NasdaqGS:ALGT Earnings and Revenue Growth as at Jul 2024

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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 NasdaqCM:PCT NasdaqGM:AIRS and NasdaqGS:ALGT.

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