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Discover 3 Top US Growth Stocks With High Insider Ownership

In a climate where U.S. stocks have recorded their most significant one-day losses in nearly two years, investors are increasingly cautious about the health of the economy and market volatility. Amidst this uncertainty, identifying growth companies with high insider ownership can be a strategic approach, as it often signals strong confidence from those closest to the business.

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%

34%

Super Micro Computer (NasdaqGS:SMCI)

14.3%

36.7%

Bridge Investment Group Holdings (NYSE:BRDG)

11.3%

98.2%

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

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

Roku

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Roku, Inc., along with its subsidiaries, operates a TV streaming platform in the United States and internationally, with a market cap of $7.69 billion.

Operations: Roku generates revenue through two main segments: Devices, which contributed $551.17 million, and Platform, which brought in $3.19 billion.

Insider Ownership: 12.4%

Earnings Growth Forecast: 68.5% p.a.

Roku is forecast to achieve profitability in the next three years, outpacing average market growth. Despite revenue growth projections of 10.6% annually, which are above the US market average, shareholders experienced dilution last year. Recent earnings show improved performance with Q2 sales at US$968.18 million and a reduced net loss of US$33.95 million compared to the previous year. A new partnership with XR Extreme Reach enhances Roku's advertising capabilities, potentially driving further growth and insights for advertisers on its platform.

NasdaqGS:ROKU Ownership Breakdown as at Aug 2024
NasdaqGS:ROKU Ownership Breakdown as at Aug 2024

Globus Medical

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Globus Medical, Inc. is a medical device company that develops and commercializes healthcare solutions for musculoskeletal disorders in the United States and internationally, with a market cap of $9.33 billion.

Operations: The company generates $1.90 billion in revenue from its Medical Products segment.

Insider Ownership: 16.7%

Earnings Growth Forecast: 40.7% p.a.

Globus Medical's earnings are forecast to grow 40.7% annually, significantly outpacing the US market average. Despite a recent drop in profit margins and shareholder dilution, insider activity shows more buying than selling over the past three months. The company recently received FDA clearance for its ExcelsiusFlex™ and ACTIFY™ 3D Total Knee System, enhancing its product portfolio. Globus Medical has raised its full-year revenue guidance to between US$2.46 billion and US$2.485 billion amidst these developments.

NYSE:GMED Earnings and Revenue Growth as at Aug 2024
NYSE:GMED Earnings and Revenue Growth as at Aug 2024

Tutor Perini

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Tutor Perini Corporation is a construction company that offers general contracting, construction management, and design-build services to both private customers and public agencies in the United States and internationally, with a market cap of $909.48 million.

Operations: The company's revenue segments include $2.12 billion from Civil (Including Management Services), $1.61 billion from Building (Including Management Services), and $688.91 million from Specialty Contractors.

Insider Ownership: 16.4%

Earnings Growth Forecast: 88.5% p.a.

Tutor Perini's earnings are forecast to grow 88.52% annually, with revenue expected to increase by 8.5% per year, outpacing the US market. Recently, the company reported second-quarter sales of US$1.13 billion and net income of US$0.81 million, a significant improvement from last year's loss. Despite high volatility in its share price and substantial insider selling over the past three months, Tutor Perini remains committed to growth through strategic projects like the Connecticut River Bridge Replacement Project valued at approximately $1.3 billion.

NYSE:TPC Earnings and Revenue Growth as at Aug 2024
NYSE:TPC Earnings and Revenue Growth as at Aug 2024

Taking Advantage

Seeking Other Investments?

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:ROKU NYSE:GMED and NYSE:TPC.

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