AppFolio And 2 High Growth US Stocks With Strong Insider Ownership

In the wake of recent economic data pointing to a weakening U.S. economy and continued volatility in tech stocks, investors are increasingly seeking stability through high-growth companies with strong insider ownership. In this article, we explore three such stocks, including AppFolio, that demonstrate resilience and potential for growth despite current market uncertainties.

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%
Duolingo (NasdaqGS:DUOL)	15%	47.9%
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 182 stocks from our Fast Growing US Companies With High Insider Ownership screener.

Let's take a closer look at a couple of our picks from the screened companies.

AppFolio

Simply Wall St Growth Rating: ★★★★★☆

Overview: AppFolio, Inc., along with its subsidiaries, offers cloud-based business management solutions for the U.S. real estate industry and has a market cap of approximately $8.03 billion.

Operations: AppFolio generates $722.08 million from its cloud-based business management software and value-added platforms for the U.S. real estate sector.

Insider Ownership: 31%

Earnings Growth Forecast: 20.5% p.a.

AppFolio, a growth company with high insider ownership, has shown robust financial performance. Recent earnings for Q2 2024 reported US$197.38 million in sales and US$29.67 million in net income, reversing a loss from the previous year. The company expects full-year revenue between US$772-778 million. Despite significant insider selling over the past three months, AppFolio's integration with Tenant Turner and inclusion in several Russell indexes highlight its strategic growth initiatives and market confidence.

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

• The valuation report we've compiled suggests that AppFolio's current price could be inflated.

NasdaqGM:APPF Ownership Breakdown as at Aug 2024

Atlassian

Simply Wall St Growth Rating: ★★★★★☆

Overview: Atlassian Corporation, with a market cap of $45.96 billion, designs, develops, licenses, and maintains various software products worldwide through its subsidiaries.

Operations: The company generates $4.17 billion from its Software & Programming segment.

Insider Ownership: 39%

Earnings Growth Forecast: 45.7% p.a.

Atlassian demonstrates strong growth potential with high insider ownership, evidenced by substantial insider buying over the past three months. The company reported Q4 2024 revenue of US$1.13 billion, up from US$939.1 million a year ago, despite a net loss increase to US$196.92 million. Atlassian's revenue is forecast to grow at 15.9% annually, outpacing the broader market's 8.5%. Recent executive changes and debt financing initiatives underscore its strategic positioning for future expansion.

• Take a closer look at Atlassian's potential here in our earnings growth report.

• According our valuation report, there's an indication that Atlassian's share price might be on the cheaper side.

NasdaqGS:TEAM Ownership Breakdown as at Aug 2024

Zscaler

Simply Wall St Growth Rating: ★★★★★☆

Overview: Zscaler, Inc. is a global cloud security company with a market cap of $27.11 billion.

Operations: Zscaler generates revenue primarily through the sales of subscription services to its cloud platform and related support services, amounting to $2.03 billion.

Insider Ownership: 38.1%

Earnings Growth Forecast: 44.4% p.a.

Zscaler, a growth company with high insider ownership, has been expanding through strategic partnerships and acquisitions. Recent collaborations with SecureDynamics and Wipro highlight its focus on enhancing cybersecurity solutions. The company reported Q3 2024 revenue of US$553.2 million, up from US$418.8 million a year ago, turning a net loss into a net income of US$19.12 million. Despite some insider selling, Zscaler's revenue is forecast to grow at 17.7% annually, outpacing the broader market's growth rate of 8.5%.

• Click here and access our complete growth analysis report to understand the dynamics of Zscaler.

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

NasdaqGS:ZS Earnings and Revenue Growth as at Aug 2024

Summing It All Up

• Unlock our comprehensive list of 182 Fast Growing US Companies With High Insider Ownership by clicking here.

• Are these companies part of your investment strategy? Use Simply Wall St to consolidate your holdings into a portfolio and gain insights with our comprehensive analysis tools.

• Take control of your financial future using Simply Wall St, offering free, in-depth knowledge of international markets to every investor.

Ready To Venture Into Other Investment Styles?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.

• Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence.

• Find companies with promising cash flow potential yet trading below their fair value.

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 NasdaqGM:APPF NasdaqGS:TEAM and NasdaqGS:ZS.

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