In August 2024, U.S. stocks rebounded strongly, snapping a three-session selloff and lifting major indices such as the S&P 500 and Nasdaq Composite by around 1%. This recovery comes amid ongoing concerns about the health of the U.S. economy and investor sentiment surrounding Federal Reserve policies. In this context, insider ownership can be a strong indicator of confidence in a company's future prospects. Here are three growth companies in the United States with high insider ownership that investors may find compelling in today's market environment.

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

Click here to see the full list of 178 stocks from our Fast Growing US Companies With High Insider Ownership screener.

Let's review some notable picks from our screened stocks.

Dave

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Dave Inc. (NasdaqGM:DAVE) offers a range of financial products and services via its financial services platform, with a market cap of $377.26 million.

Operations: Dave Inc. generates revenue of $273.80 million from its service-based and transaction-based operations.

Insider Ownership: 22.9%

Dave Inc. has demonstrated significant growth with Q2 2024 revenue at US$80.1 million, up from US$61.2 million a year ago, and net income of US$6.4 million compared to a net loss of US$22.6 million last year. Insider ownership remains high with more shares bought than sold recently, signaling confidence in the company's future prospects. Additionally, Dave's inclusion in multiple Russell indices highlights its growing market presence and potential for further expansion in the U.S market.

• Get an in-depth perspective on Dave's performance by reading our analyst estimates report here.

• The valuation report we've compiled suggests that Dave's current price could be quite moderate.

Intuitive Machines

Simply Wall St Growth Rating: ★★★★★☆

Overview: Intuitive Machines, Inc. designs, manufactures, and operates space products and services in the United States with a market cap of $416.27 million.

Operations: Intuitive Machines generates revenue primarily from its Aerospace & Defense segment, which amounted to $134.35 million.

Insider Ownership: 12.9%

Intuitive Machines is forecast to grow revenue by 32.6% annually, significantly outpacing the U.S. market average. Despite recent shareholder dilution and a substantial net loss of US$121.63 million in Q1 2024, insider buying has been more prevalent than selling over the past three months, indicating confidence in future profitability within three years. Recent inclusion in multiple Russell indices and a new launch services agreement with SEOPS further bolster its growth prospects and market presence.

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

• In light of our recent valuation report, it seems possible that Intuitive Machines is trading behind its estimated value.

MediaAlpha

Simply Wall St Growth Rating: ★★★★★★

Overview: MediaAlpha, Inc., with a market cap of $1.07 billion, operates an insurance customer acquisition platform in the United States through its subsidiaries.

Operations: The company generates $496.67 million in revenue from its Internet Information Providers segment.

Insider Ownership: 13.5%

MediaAlpha's revenue is projected to grow at 22.5% annually, significantly outpacing the broader U.S. market. Recent financial results show a strong turnaround with Q2 2024 sales of US$178.27 million and net income of US$3.62 million compared to a loss last year. Despite past shareholder dilution, the company trades at nearly 60% below estimated fair value and insiders maintain substantial ownership, indicating confidence in its profitability forecast within three years.

• Dive into the specifics of MediaAlpha here with our thorough growth forecast report.

• The analysis detailed in our MediaAlpha valuation report hints at an inflated share price compared to its estimated value.

Taking Advantage

• Click here to access our complete index of 178 Fast Growing US Companies With High Insider Ownership.

• Shareholder in one or more of these companies? Ensure you're never caught off-guard by adding your portfolio in Simply Wall St for timely alerts on significant stock developments.

• Invest smarter with the free Simply Wall St app providing detailed insights into every stock market around the globe.

Searching for a Fresh Perspective?

• 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:DAVE NasdaqGM:LUNR and NYSE:MAX.

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