Yahoo Finance Unveiling US Growth Companies With High Insider Ownership In May 2024
Over the past year, the United States stock market has shown robust growth with a 21% increase, despite a recent dip of 1.2% over the last seven days. In this environment, companies with high insider ownership can be particularly compelling as they often signal strong confidence from those closest to the business.
Top 10 Growth Companies With High Insider Ownership In The United States
Name | Insider Ownership | Earnings Growth |
GigaCloud Technology (NasdaqGM:GCT) | 25.9% | 21.3% |
PDD Holdings (NasdaqGS:PDD) | 32.1% | 23.2% |
Atour Lifestyle Holdings (NasdaqGS:ATAT) | 26% | 21.7% |
Cipher Mining (NasdaqGS:CIFR) | 18.5% | 58.8% |
Super Micro Computer (NasdaqGS:SMCI) | 14.3% | 40.2% |
Bridge Investment Group Holdings (NYSE:BRDG) | 11.6% | 98.2% |
Credo Technology Group Holding (NasdaqGS:CRDO) | 15.2% | 86.5% |
EHang Holdings (NasdaqGM:EH) | 33% | 101.9% |
Carlyle Group (NasdaqGS:CG) | 29.2% | 23.6% |
BBB Foods (NYSE:TBBB) | 23.6% | 92.4% |
Let's dive into some prime choices out of from the screener.
AppFolio
Simply Wall St Growth Rating: ★★★★☆☆
Overview: AppFolio, Inc. offers cloud-based business management solutions specifically tailored for the real estate sector in the United States, with a market capitalization of approximately $8.32 billion.
Operations: The company generates approximately $671.78 million in revenue from its cloud-based business management software and Value+ platforms.
Insider Ownership: 32%
Revenue Growth Forecast: 17.4% p.a.
AppFolio, a software company specializing in property management solutions, has recently turned profitable with a net income of US$38.66 million in Q1 2024, a significant rebound from last year's loss. The company forecasts robust revenue growth with expectations between US$766 million and US$774 million for FY 2024. Insider activity shows no substantial buying over the past three months despite the positive shift in profitability and strategic partnerships enhancing product offerings, such as the integration with Tenant Turner and igloo smart locks to streamline property management processes.
Unlock comprehensive insights into our analysis of AppFolio stock in this growth report.
The valuation report we've compiled suggests that AppFolio's current price could be inflated.
Credit Acceptance
Simply Wall St Growth Rating: ★★★★★☆
Overview: Credit Acceptance Corporation, operating in the United States, offers financing programs along with related products and services, with a market capitalization of approximately $5.90 billion.
Operations: The company generates revenue primarily through financing programs and related services, totaling approximately $866.70 million.
Insider Ownership: 14.4%
Revenue Growth Forecast: 42.7% p.a.
Credit Acceptance Corporation, a financial service provider, is poised for notable growth with earnings expected to increase by 37.88% annually. Despite a recent dip in net income to US$64.3 million from US$99.5 million year-over-year in Q1 2024, the company's revenue grew to US$508 million from US$453.8 million. The firm is trading at 31.9% below its estimated fair value but carries a high level of debt, which could be a concern despite aggressive share repurchases totaling US$285.38 million recently completed under the latest buyback program.
Click to explore a detailed breakdown of our findings in Credit Acceptance's earnings growth report.
Amerant Bancorp
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Amerant Bancorp Inc., functioning as the bank holding company for Amerant Bank, N.A., has a market capitalization of approximately $732.38 million.
Operations: The primary revenue segment for the bank holding entity is Banking, generating $315.85 million.
Insider Ownership: 12.7%
Revenue Growth Forecast: 14.7% p.a.
Amerant Bancorp, amidst a challenging quarter with net interest income and net income declines to US$77.97 million and US$10.57 million respectively, maintains a focus on shareholder returns through dividends and modest share buybacks. Despite the financial setbacks, analysts project substantial earnings growth of 59% annually over the next three years, outpacing broader market expectations. However, profit margins have contracted significantly from last year and no major insider buying has occurred recently, reflecting potential caution from insiders about near-term prospects.
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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 NasdaqGM:APPF NasdaqGS:CACC and NYSE:AMTB.
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