Top US Growth Stocks With Insider Ownership In October 2024

In This Article:

As of October 2024, the U.S. stock market is experiencing a period of volatility, with major indices like the Nasdaq Composite and S&P 500 facing declines amidst fluctuating corporate earnings and economic data. Amidst this backdrop, growth companies with high insider ownership can offer unique insights into potential resilience and alignment between management interests and shareholder value.

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

Name

Insider Ownership

Earnings Growth

GigaCloud Technology (NasdaqGM:GCT)

25.6%

26%

Atour Lifestyle Holdings (NasdaqGS:ATAT)

26%

23.4%

Super Micro Computer (NasdaqGS:SMCI)

25.7%

27.8%

Victory Capital Holdings (NasdaqGS:VCTR)

10.2%

33.3%

Hims & Hers Health (NYSE:HIMS)

13.7%

37.4%

Duolingo (NasdaqGS:DUOL)

14.7%

41.8%

Bridge Investment Group Holdings (NYSE:BRDG)

11.3%

55.0%

Credo Technology Group Holding (NasdaqGS:CRDO)

13.9%

95%

EHang Holdings (NasdaqGM:EH)

32.8%

81.4%

BBB Foods (NYSE:TBBB)

22.9%

51.2%

Click here to see the full list of 192 stocks from our Fast Growing US Companies With High Insider Ownership screener.

We'll examine a selection from our screener results.

Atlassian

Simply Wall St Growth Rating: ★★★★★☆

Overview: Atlassian Corporation, with a market cap of approximately $49.99 billion, designs, develops, licenses, and maintains various software products worldwide through its subsidiaries.

Operations: The company's revenue is primarily derived from its Software & Programming segment, which generated $4.36 billion.

Insider Ownership: 38.7%

Atlassian demonstrates strong growth potential with high insider ownership, as insiders have been net buyers recently. The company is trading at 28.3% below its estimated fair value and is expected to achieve profitability within three years, outpacing average market growth. Revenue is forecasted to grow at 15.2% annually, surpassing the US market rate of 8.9%. Recent buybacks and a $750 million credit facility further bolster Atlassian's financial flexibility for future expansion initiatives.

NasdaqGS:TEAM Ownership Breakdown as at Oct 2024
NasdaqGS:TEAM Ownership Breakdown as at Oct 2024

Altice USA

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Altice USA, Inc. and its subsidiaries offer broadband communications and video services across the United States, Canada, Puerto Rico, and the Virgin Islands, with a market cap of approximately $1.66 billion.

Operations: The company's revenue segments include Cable TV Services, generating approximately $9.11 billion.

Insider Ownership: 36.4%