October 2024's Top US Growth Stocks With Insider Ownership

In This Article:

As of October 2024, the U.S. markets have shown resilience with major indices like the S&P 500 and Nasdaq surging, driven by gains in large-cap technology stocks, while oil prices have seen a sharp decline. In this environment of fluctuating economic indicators and strong tech performance, growth companies with high insider ownership can offer unique insights into potential investment opportunities due to their alignment of interests between company insiders and shareholders.

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

Name

Insider Ownership

Earnings Growth

GigaCloud Technology (NasdaqGM:GCT)

25.7%

24.3%

Atour Lifestyle Holdings (NasdaqGS:ATAT)

26%

23.2%

Victory Capital Holdings (NasdaqGS:VCTR)

10.2%

32.2%

Atlas Energy Solutions (NYSE:AESI)

29.1%

42.1%

Super Micro Computer (NasdaqGS:SMCI)

25.7%

28.0%

Hims & Hers Health (NYSE:HIMS)

13.7%

41.3%

Credo Technology Group Holding (NasdaqGS:CRDO)

14.0%

95%

EHang Holdings (NasdaqGM:EH)

32.8%

81.4%

BBB Foods (NYSE:TBBB)

22.9%

51.2%

Carlyle Group (NasdaqGS:CG)

29.5%

22%

Click here to see the full list of 181 stocks from our Fast Growing US Companies With High Insider Ownership screener.

Below we spotlight a couple of our favorites from our exclusive screener.

Mama's Creations

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Mama's Creations, Inc., with a market cap of $307.76 million, manufactures and markets fresh deli-prepared foods primarily in the United States.

Operations: The company generates revenue of $113.59 million from its food processing segment.

Insider Ownership: 10.2%

Mama's Creations, recently added to the S&P Global BMI Index, is poised for significant earnings growth at 42.6% annually, outpacing the US market average of 15.3%. Despite a modest revenue increase to US$28.38 million in Q2 2024 and a decline in net income to US$1.15 million, the appointment of Moore Tappan as COO could enhance operational efficiency. The company's amended credit facility extends its financial flexibility through November 2027.

NasdaqCM:MAMA Earnings and Revenue Growth as at Oct 2024
NasdaqCM:MAMA Earnings and Revenue Growth as at Oct 2024

Niu Technologies

Simply Wall St Growth Rating: ★★★★★☆

Overview: Niu Technologies designs, manufactures, and sells electric scooters in China, Europe, and internationally with a market cap of approximately $261.51 million.

Operations: The company generates revenue primarily from its electric scooter segment, with reported earnings of CN¥2.85 billion.