As the U.S. stock market experiences fluctuations with major indices like the S&P 500 and Nasdaq Composite facing declines, investors are closely monitoring Federal Reserve comments on potential interest rate cuts. In this environment, growth companies with high insider ownership can offer a unique advantage, as significant insider stakes often signal confidence in the company's future prospects and alignment of interests between management and shareholders.
Top 10 Growth Companies With High Insider Ownership In The United States
Overview: AerSale Corporation supplies aftermarket commercial aircraft, engines, and parts to various aviation sectors and offers maintenance, repair, and overhaul services worldwide, with a market cap of $272.42 million.
AerSale Corporation, a company with significant insider ownership, has shown promising revenue growth and is expected to become profitable within three years. Despite recent drops from key indices and a net loss in Q2 2024, AerSale's revenue increased to US$77.1 million from US$69.33 million year-over-year. The company's strategic expansion into Millington, Tennessee enhances its MRO capabilities. Insiders have been buying more shares than selling recently, indicating confidence in the company's future prospects despite past shareholder dilution.
Overview: Southern States Bancshares, Inc. (NasdaqGS:SSBK) operates as the bank holding company for Southern States Bank, offering community banking services to businesses and individuals with a market cap of $265.62 million.
Operations: Southern States Bancshares generates $80.76 million in revenue from its banking segment.
Insider Ownership: 17%
Earnings Growth Forecast: 20% p.a.
Southern States Bancshares, with substantial insider ownership, is expected to see its revenue grow at 20.8% per year, outpacing the US market's 8.8%. Despite recent significant insider selling and no share repurchases in Q2 2024, the company completed a strategic merger with CBB Bancorp. This move could bolster growth prospects as Richard E. Drews Jr., a seasoned banking executive, joins the board and key committees. The stock trades at a significant discount to its estimated fair value.
Overview: Innovid Corp. (NYSE:CTV) operates an independent software platform offering ad serving, measurement, and creative services with a market cap of $266.46 million.
Operations: Innovid Corp. generates $149.54 million in revenue from its Advertising and Creative Services segment.
Insider Ownership: 10.8%
Earnings Growth Forecast: 101.7% p.a.
Innovid is a growth company with high insider ownership, trading at 84.9% below its estimated fair value. Analysts forecast earnings to grow 101.69% annually, with revenue projected to increase by 11.8% per year, outpacing the US market. Despite recent significant insider selling and shareholder dilution over the past year, Innovid's collaboration with Nielsen aims to enhance ad measurement capabilities, potentially driving future growth and profitability within three years.
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.
