US Growth Companies With High Insider Ownership In October 2024

Simply Wall St.
15 Oct 2024

As the U.S. stock market continues to reach new heights, with indices like the S&P 500 and Dow Jones Industrial Average hitting record levels, investors are closely watching growth companies that have shown resilience and potential in this bullish environment. In particular, stocks with high insider ownership often attract attention due to the confidence insiders demonstrate in their company's future prospects, making them an intriguing option for those looking to align with internal stakeholders who have a vested interest in long-term success.

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

Name Insider Ownership Earnings Growth
Atlas Energy Solutions (NYSE:AESI) 29.1% 42.6%
GigaCloud Technology (NasdaqGM:GCT) 25.7% 26%
Atour Lifestyle Holdings (NasdaqGS:ATAT) 26% 23.2%
Victory Capital Holdings (NasdaqGS:VCTR) 10.2% 34.6%
Super Micro Computer (NasdaqGS:SMCI) 25.7% 28.0%
Hims & Hers Health (NYSE:HIMS) 13.7% 37.4%
Credo Technology Group Holding (NasdaqGS:CRDO) 14.0% 95%
EHang Holdings (NasdaqGM:EH) 32.8% 81.4%
Carlyle Group (NasdaqGS:CG) 29.5% 22%
BBB Foods (NYSE:TBBB) 22.9% 51.2%

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

Here's a peek at a few of the choices from the screener.

PureCycle Technologies

Simply Wall St Growth Rating: ★★★★★☆

Overview: PureCycle Technologies, Inc. focuses on producing recycled polypropylene and has a market cap of approximately $1.55 billion.

Operations: PureCycle Technologies, Inc. operates in the recycled polypropylene production segment.

Insider Ownership: 11.1%

Earnings Growth Forecast: 58.1% p.a.

PureCycle Technologies is positioned for significant growth, with revenue forecasted to increase by 54.3% annually, outpacing the US market's 8.8%. Despite currently generating less than US$1 million in revenue, it trades at a substantial discount to its estimated fair value. Recent private placements raised approximately US$90 million, indicating robust investor interest despite ongoing net losses. The company is projected to achieve profitability within three years, surpassing average market growth expectations.

  • Click here and access our complete growth analysis report to understand the dynamics of PureCycle Technologies.
  • Our expertly prepared valuation report PureCycle Technologies implies its share price may be too high.
NasdaqCM:PCT Ownership Breakdown as at Oct 2024

Atlas Energy Solutions

Simply Wall St Growth Rating: ★★★★★★

Overview: Atlas Energy Solutions Inc. operates in the production, processing, and sale of mesh and sand used as proppants for well completions in the Permian Basin, with a market cap of approximately $2.25 billion.

Operations: The company's revenue is primarily generated from its Oil Well Equipment & Services segment, totaling $778.94 million.

Insider Ownership: 29.1%

Earnings Growth Forecast: 42.6% p.a.

Atlas Energy Solutions is poised for growth with revenue expected to rise 23.4% annually, surpassing the US market's average. Despite recent shareholder dilution and a dividend not fully covered by free cash flows, insider buying suggests confidence in its future prospects. The company forecasts Q3 2024 revenue between US$300 million and US$310 million. Strategic partnerships like the one with Kodiak Robotics enhance operational efficiency, while leadership changes aim to strengthen governance and strategic direction.

  • Get an in-depth perspective on Atlas Energy Solutions' performance by reading our analyst estimates report here.
  • Insights from our recent valuation report point to the potential undervaluation of Atlas Energy Solutions shares in the market.
NYSE:AESI Ownership Breakdown as at Oct 2024

Noah Holdings

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Noah Holdings Limited is a wealth and asset management service provider specializing in investment and asset allocation for high net worth individuals and enterprises in Mainland China, Hong Kong, and internationally, with a market cap of approximately $902.88 million.

Operations: The company's revenue is primarily derived from its Wealth Management Business, contributing CN¥2.04 billion, and its Asset Management Business, generating CN¥750.25 million.

Insider Ownership: 37.6%

Earnings Growth Forecast: 20.6% p.a.

Noah Holdings demonstrates potential as a growth company with earnings expected to increase significantly at 20.6% annually, outpacing the US market. Despite recent revenue and net income declines, it trades at good value—29.3% below estimated fair value—and plans a US$50 million share buyback, indicating confidence in its valuation. However, investor caution is advised due to past shareholder dilution and a dividend not well covered by free cash flows.

  • Dive into the specifics of Noah Holdings here with our thorough growth forecast report.
  • Upon reviewing our latest valuation report, Noah Holdings' share price might be too pessimistic.
NYSE:NOAH Earnings and Revenue Growth as at Oct 2024

Make It Happen

  • Take a closer look at our Fast Growing US Companies With High Insider Ownership list of 181 companies by clicking here.
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Seeking Other Investments?

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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 NasdaqCM:PCT NYSE:AESI and NYSE:NOAH.

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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