US Growth Companies With High Insider Ownership August 2024
As the U.S. stock market shows mixed performance with the S&P 500 and Dow Jones Industrial Average on track for gains in August, investors are keenly watching for signs of economic stability and potential interest rate cuts from the Federal Reserve. In this environment, growth companies with high insider ownership can be particularly attractive, as they often signal strong confidence from those who know the business best.
Top 10 Growth Companies With High Insider Ownership In The United States
Name | Insider Ownership | Earnings Growth |
Atour Lifestyle Holdings (NasdaqGS:ATAT) | 26% | 21.6% |
Atlas Energy Solutions (NYSE:AESI) | 29.1% | 42.7% |
GigaCloud Technology (NasdaqGM:GCT) | 25.7% | 24.3% |
Victory Capital Holdings (NasdaqGS:VCTR) | 12% | 32.3% |
Hims & Hers Health (NYSE:HIMS) | 13.7% | 40.7% |
On Holding (NYSE:ONON) | 28.4% | 24.4% |
Credo Technology Group Holding (NasdaqGS:CRDO) | 14.3% | 60.9% |
BBB Foods (NYSE:TBBB) | 22.9% | 66.5% |
Carlyle Group (NasdaqGS:CG) | 29.5% | 22% |
EHang Holdings (NasdaqGM:EH) | 32.8% | 78.8% |
Below we spotlight a couple of our favorites from our exclusive 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 $8.88 billion.
Operations: Revenue from non-alcoholic beverages amounts to $1.49 billion.
Insider Ownership: 12%
Earnings Growth Forecast: 19.5% p.a.
Celsius Holdings has demonstrated significant growth, with its recent earnings report showing a substantial increase in both sales and net income. For Q2 2024, sales reached US$401.98 million, up from US$325.88 million the previous year, while net income rose to US$79.78 million from US$51.51 million. The company is trading below its estimated fair value and boasts high insider ownership, aligning with strong revenue forecasts of 16.9% per year outpacing the broader market's growth rate.
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 $8.83 billion.
Operations: The company generates $634.49 million from its educational software segment.
Insider Ownership: 14.8%
Earnings Growth Forecast: 41.6% p.a.
Duolingo's recent earnings report for Q2 2024 revealed a significant increase in both sales and net income, with sales reaching US$178.33 million and net income rising to US$24.35 million. The company's revenue is forecast to grow at 24.4% annually, outpacing the broader market's growth rate of 8.8%. Despite some insider selling over the past three months, Duolingo remains a strong growth company with substantial insider ownership and promising future revenue projections.
Click here and access our complete growth analysis report to understand the dynamics of Duolingo.
The valuation report we've compiled suggests that Duolingo's current price could be inflated.
FirstSun Capital Bancorp
Simply Wall St Growth Rating: ★★★★★☆
Overview: FirstSun Capital Bancorp, with a market cap of $1.18 billion, operates as a bank holding company for Sunflower Bank, offering commercial and consumer banking and financial services to small and medium-sized companies in Texas, Kansas, Colorado, New Mexico, and Arizona.
Operations: The company's revenue segments include $302.74 million from Banking and $45.19 million from Mortgage Operations.
Insider Ownership: 29.9%
Earnings Growth Forecast: 60.5% p.a.
FirstSun Capital Bancorp, recently added to the NASDAQ Composite Index, has shown mixed financial performance. Q2 2024 earnings report indicated a slight decline in net interest income and net income compared to the previous year. Despite this, the company is forecasted to experience significant annual profit growth of 60.5% and revenue growth of 32.5%, outpacing market averages. The stock trades below its estimated fair value, although shareholders faced dilution over the past year.
Summing It All Up
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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:DUOL and NasdaqGS:FSUN.
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