Yahoo Finance Altair Engineering Leads Three US Growth Companies With High Insider Ownership
The United States stock market has shown robust performance, rising 2.3% in the past week and achieving a 27% increase over the last year, with earnings expected to grow by 15% annually. In such a thriving market environment, companies like Altair Engineering that combine high insider ownership with significant growth potential stand out as particularly compelling for investors seeking alignment between company management and shareholder interests.
Top 10 Growth Companies With High Insider Ownership In The United States
Name | Insider Ownership | Earnings Growth |
GigaCloud Technology (NasdaqGM:GCT) | 27.5% | 21% |
PDD Holdings (NasdaqGS:PDD) | 32.1% | 22.2% |
Atour Lifestyle Holdings (NasdaqGS:ATAT) | 26% | 28.2% |
Li Auto (NasdaqGS:LI) | 29.3% | 21.6% |
Super Micro Computer (NasdaqGS:SMCI) | 14.3% | 40.2% |
Bridge Investment Group Holdings (NYSE:BRDG) | 11.8% | 98% |
EHang Holdings (NasdaqGM:EH) | 33% | 97.1% |
Carlyle Group (NasdaqGS:CG) | 29.2% | 23.6% |
ZKH Group (NYSE:ZKH) | 17.7% | 91.8% |
BBB Foods (NYSE:TBBB) | 23.6% | 75.4% |
Here's a peek at a few of the choices from the screener.
Altair Engineering
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Altair Engineering Inc. operates globally, offering software and cloud solutions in simulation and design, high-performance computing, data analytics, and artificial intelligence, with a market capitalization of approximately $7.20 billion.
Operations: The company generates revenue primarily through its Software and Related Services segment, which brought in $586.31 million, and its Client Engineering Services segment, which contributed $28.18 million.
Insider Ownership: 38.9%
Altair Engineering has shown a promising turnaround, reporting a net income of US$16.55 million for Q1 2024 after a previous loss, with revenue rising to US$172.91 million. The company forecasts continued growth with expected annual earnings increasing by 57.31% and revenue growing at 8.5% per year, both outpacing the market. However, shareholder dilution occurred last year and no significant insider purchases were made recently, suggesting mixed confidence from insiders despite the financial upturn.
Take a closer look at Altair Engineering's potential here in our earnings growth report.
Our expertly prepared valuation report Altair Engineering implies its share price may be too high.
Sportradar Group
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Sportradar Group AG operates globally, offering sports data services to the sports betting and media industries, with a market capitalization of approximately $2.83 billion.
Operations: The company generates revenue primarily through its segments: €466.82 million from Betting, €165.51 million from operations in the United States, and €182.20 million from Betting AV.
Insider Ownership: 31.9%
Sportradar Group has demonstrated robust growth, with a 225.1% increase in earnings over the past year and expectations for continued significant expansion. The company's revenue is also set to outpace the market, growing at 13.1% annually compared to the broader US market's 8.3%. Despite this strong performance, recent financial results show a net loss of EUR 0.574 million in Q1 2024, contrasting sharply with last year's net income of EUR 6.82 million during the same period, indicating potential volatility in profitability amidst its growth trajectory.
Jefferies Financial Group
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Jefferies Financial Group Inc. is an investment banking and capital markets firm with operations across the Americas, Europe, the Middle East, and Asia-Pacific, boasting a market capitalization of approximately $9.79 billion.
Operations: The company generates revenue primarily through its investment banking and capital markets segment, which brought in $4.74 billion, complemented by its asset management division with revenues of $393.20 million.
Insider Ownership: 20.8%
Jefferies Financial Group is trading at a significant discount to its estimated fair value, with its earnings expected to grow substantially by 36.95% annually over the next three years, outpacing the US market forecast of 14.5%. However, challenges persist as its profit margins have declined from last year and its dividends are not well covered by earnings or cash flows. Recent activities include multiple fixed-income offerings aimed at bolstering corporate finances, suggesting an active approach in managing capital structure amidst financial market conditions.
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 NasdaqGS:ALTR NasdaqGS:SRAD and NYSE:JEF.
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