As the U.S. stock market experiences volatility with major indices like the Nasdaq and S&P 500 facing declines, investors are closely monitoring earnings reports and economic indicators for signs of stability. In such turbulent times, growth companies with high insider ownership can offer a unique perspective on potential resilience, as insiders often have a vested interest in navigating challenging market conditions effectively.
Top 10 Growth Companies With High Insider Ownership In The United States
Overview: California BanCorp operates as the holding company for Bank of Southern California, N.A., with a market cap of $462.21 million.
Operations: Unfortunately, the provided text does not contain specific revenue segment information for California BanCorp.
Insider Ownership: 16.9%
California BanCorp is experiencing significant revenue growth, forecasted at 38.8% annually, outpacing the US market. Despite this, the company reported a net loss of US$16.46 million for Q3 2024 due to impairments and write-offs. Insider activity shows more shares bought than sold in recent months, suggesting confidence among insiders despite past shareholder dilution. The stock trades below its estimated fair value but faces challenges with profitability and return on equity forecasts remaining low.
Overview: The Vita Coco Company, Inc. develops, markets, and distributes coconut water products under the Vita Coco brand across several regions including the United States and Europe, with a market cap of approximately $1.75 billion.
Operations: Revenue segments for the company include $432.80 million from the Americas and $67.22 million from International markets.
Insider Ownership: 12.1%
Vita Coco Company shows promising growth potential with earnings forecasted to grow 16.08% annually, outpacing the US market. Recent reports indicate a rise in net income from US$15.16 million to US$19.25 million for Q3 2024, despite a slight decline in sales to US$132.91 million from the previous year. The stock trades significantly below its estimated fair value, and insider ownership remains stable without substantial recent buying or selling activity noted.
Overview: New Fortress Energy Inc. is an integrated gas-to-power energy infrastructure company offering energy and development services globally, with a market cap of approximately $2.15 billion.
Operations: The company's revenue primarily comes from its Terminals and Infrastructure segment, which generated $2.18 billion, complemented by $215.01 million from its Ships segment.
Insider Ownership: 32.6%
New Fortress Energy demonstrates potential for growth with earnings expected to increase significantly at 41.9% annually, surpassing the US market average. Despite recent financial setbacks, including a net loss of US$88.85 million in Q2 2024 and reduced profit margins, insider activity shows substantial buying over the past three months without significant selling. Recent developments include successful Fast LNG operations and leadership changes aimed at expanding into new markets like Brazil, enhancing its growth prospects amidst high volatility and financial challenges.
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.
