Top US Growth Companies With High Insider Ownership August 2024
As of July 31, 2024, the United States market has seen a significant uptick with the S&P 500 and Nasdaq closing sharply higher due to a rally in chip stocks and growing optimism about potential rate cuts. This positive momentum presents an opportune moment to explore growth companies with high insider ownership, which often signals strong confidence from those closest to the business. In this favorable market environment, identifying stocks where insiders hold substantial stakes can be particularly insightful. High insider ownership typically indicates that executives and key stakeholders are committed to the company's long-term success, aligning their interests closely with those of shareholders.
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% |
Here we highlight a subset of our preferred stocks from the screener.
Celsius Holdings
Simply Wall St Growth Rating: ★★★★★☆
Overview: Celsius Holdings, Inc. develops, processes, markets, distributes, and sells functional energy drinks and liquid supplements internationally with a market cap of $10.92 billion.
Operations: The company's revenue segment for non-alcoholic beverages amounted to $1.41 billion.
Insider Ownership: 12%
Celsius Holdings has shown impressive growth, with first-quarter 2024 sales reaching US$355.71 million, up from US$259.94 million a year ago, and net income rising to US$77.81 million from US$41.23 million. The company is trading 20% below its estimated fair value and has high insider ownership with more shares bought than sold recently. Earnings are expected to grow significantly at 20.9% annually, outpacing the market's average of 15%.
Bilibili
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Bilibili Inc. offers online entertainment services targeting young generations in China, with a market cap of $6.27 billion.
Operations: The company generates revenue of CN¥23.12 billion from its Internet Information Providers segment.
Insider Ownership: 20.7%
Bilibili's first-quarter 2024 earnings report revealed a revenue increase to CNY 5.66 billion from CNY 5.07 billion year-over-year, despite a net loss of CNY 748.55 million. Trading at 21.1% below its estimated fair value, Bilibili is projected to grow revenues by 11.1% annually and become profitable within three years, outperforming the average market growth rate in profitability expectations but facing high share price volatility recently.
Duolingo
Simply Wall St Growth Rating: ★★★★★★
Overview: Duolingo, Inc. operates as a mobile learning platform in the United States, the United Kingdom, and internationally, with a market cap of $7.41 billion.
Operations: The company generates $583.00 million from its educational software segment.
Insider Ownership: 15%
Duolingo's recent addition to multiple Russell Indexes highlights its growth potential. The company reported first-quarter 2024 sales of US$167.55 million, up from US$115.66 million a year ago, and turned profitable with a net income of US$26.96 million. Forecasts indicate revenue growth at 20.1% annually, outpacing the market, with earnings expected to grow significantly at 47.9% per year over the next three years and strong insider ownership supporting long-term prospects.
Delve into the full analysis future growth report here for a deeper understanding of Duolingo.
Our valuation report unveils the possibility Duolingo's shares may be trading at a discount.
Turning Ideas Into Actions
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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:CELH NasdaqGS:BILI and NasdaqGS:DUOL.
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