November 2024's Top US Growth Companies With High Insider Ownership

Simply Wall St.
07 Nov 2024

As U.S. markets reach record highs following Donald Trump's recent election victory, investors are keenly observing the shifts in economic policies that may impact various sectors. With major indices like the Dow Jones and S&P 500 experiencing significant gains, there's heightened interest in growth companies where high insider ownership can signal strong confidence from those closest to the business. In such a robust market environment, stocks with substantial insider stakes often stand out as they may align management's interests with shareholders', potentially fostering sustainable growth strategies.

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

Name Insider Ownership Earnings Growth
Atour Lifestyle Holdings (NasdaqGS:ATAT) 26% 23.5%
GigaCloud Technology (NasdaqGM:GCT) 25.6% 26%
Victory Capital Holdings (NasdaqGS:VCTR) 10.2% 28.8%
Duolingo (NasdaqGS:DUOL) 14.7% 41.8%
Bridge Investment Group Holdings (NYSE:BRDG) 11.3% 55.0%
Credit Acceptance (NasdaqGS:CACC) 14.1% 50.8%
Credo Technology Group Holding (NasdaqGS:CRDO) 13.9% 95%
Alkami Technology (NasdaqGS:ALKT) 11.2% 98.6%
EHang Holdings (NasdaqGM:EH) 32.8% 81.4%
BBB Foods (NYSE:TBBB) 22.9% 51.2%

Click here to see the full list of 194 stocks from our Fast Growing US Companies With High Insider Ownership screener.

Let's take a closer look at a couple of our picks from the screened companies.

MP Materials

Simply Wall St Growth Rating: ★★★★★☆

Overview: MP Materials Corp., along with its subsidiaries, is engaged in the production of rare earth materials and has a market capitalization of approximately $3.04 billion.

Operations: The company's revenue segment includes Metals & Mining - Miscellaneous, which generated $173.66 million.

Insider Ownership: 12.5%

MP Materials, recently added to the S&P 600, is forecasted to grow its revenue by 35.8% annually, outpacing the US market average. Despite a low expected return on equity of 2.6% in three years, it is anticipated to become profitable within this timeframe with above-average market growth. The stock trades at a discount of 13.3% below its estimated fair value. A $300 million increase in its buyback plan reflects strong capital management focus amidst no recent insider trading activity.

  • Click to explore a detailed breakdown of our findings in MP Materials' earnings growth report.
  • Our comprehensive valuation report raises the possibility that MP Materials is priced higher than what may be justified by its financials.
NYSE:MP Earnings and Revenue Growth as at Nov 2024

Sable Offshore

Simply Wall St Growth Rating: ★★★★★☆

Overview: Sable Offshore Corp. is involved in oil and gas exploration and development activities in the United States, with a market cap of $1.85 billion.

Operations: Revenue Segments (in millions of $): null

Insider Ownership: 26.5%

Sable Offshore Corp., now part of the S&P Global BMI Index, is projected to achieve profitability within three years, with revenue growth expected at 93% annually—significantly outpacing the US market. Despite trading 88% below its estimated fair value, recent financial challenges include a net loss of US$165.44 million in Q2 2024. The company recently closed a US$167.7 million shelf registration but has experienced substantial shareholder dilution over the past year.

  • Unlock comprehensive insights into our analysis of Sable Offshore stock in this growth report.
  • Upon reviewing our latest valuation report, Sable Offshore's share price might be too pessimistic.
NYSE:SOC Ownership Breakdown as at Nov 2024

Block

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Block, Inc. operates ecosystems centered on commerce and financial products and services both in the United States and internationally, with a market cap of approximately $44.62 billion.

Operations: Block's revenue primarily comes from its Square segment, generating $7.38 billion, and its Cash App segment, contributing $15.93 billion.

Insider Ownership: 10.2%

Block, Inc. is experiencing significant earnings growth, forecasted at 32.23% annually over the next three years, surpassing US market averages. Despite low projected return on equity (12.7%), recent initiatives like new partnerships with SalonCentric and expanded product features aim to boost revenue and operational efficiency for beauty and wellness sellers. However, insider activity shows substantial selling in the past quarter without notable buying, which may be a concern for some investors analyzing insider ownership trends.

  • Click here and access our complete growth analysis report to understand the dynamics of Block.
  • Our expertly prepared valuation report Block implies its share price may be too high.
NYSE:SQ Earnings and Revenue Growth as at Nov 2024

Seize The Opportunity

  • Take a closer look at our Fast Growing US Companies With High Insider Ownership list of 194 companies by clicking here.
  • Are any of these part of your asset mix? Tap into the analytical power of Simply Wall St's portfolio to get a 360-degree view on how they're shaping up.
  • Unlock the power of informed investing with Simply Wall St, your free guide to navigating stock markets worldwide.

Curious About Other Options?

  • Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
  • Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence.
  • Find companies with promising cash flow potential yet trading below their fair value.

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 NYSE:MP NYSE:SOC and NYSE:SQ.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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