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3 US Growth Stocks With High Insider Ownership To Watch

Simply Wall St·12/09/2024 15:11:23
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As U.S. stocks experience mixed movements amid a week focused on inflation data and interest rate expectations, investors are keenly observing the market's response to economic indicators. In this environment, growth companies with high insider ownership can offer unique insights into potential resilience and commitment from those who know the business best.

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

Name Insider Ownership Earnings Growth
Atour Lifestyle Holdings (NasdaqGS:ATAT) 26% 25.7%
Super Micro Computer (NasdaqGS:SMCI) 14.4% 24.3%
Duolingo (NasdaqGS:DUOL) 14.7% 34.7%
On Holding (NYSE:ONON) 19.1% 29.4%
Coastal Financial (NasdaqGS:CCB) 17.8% 46.1%
Clene (NasdaqCM:CLNN) 21.6% 60.2%
EHang Holdings (NasdaqGM:EH) 32.8% 81.5%
Credo Technology Group Holding (NasdaqGS:CRDO) 13.6% 65.9%
BBB Foods (NYSE:TBBB) 22.9% 41.5%
Credit Acceptance (NasdaqGS:CACC) 14.0% 49%

Click here to see the full list of 203 stocks from our Fast Growing US Companies With High Insider Ownership screener.

We're going to check out a few of the best picks from our screener tool.

Bruker (NasdaqGS:BRKR)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Bruker Corporation, along with its subsidiaries, develops, manufactures, and distributes scientific instruments and analytical and diagnostic solutions globally, with a market cap of approximately $8.94 billion.

Operations: The company's revenue segments include Bruker Nano at $1.05 billion, Bruker CALID at $1.03 billion, Bruker Biospin at $891.20 million, and Bruker Energy & Supercon Technologies (BEST) at $286.10 million.

Insider Ownership: 29.0%

Bruker Corporation demonstrates strong growth potential with forecasted earnings growth of 32.3% annually, surpassing the US market average. Despite a recent dip in net income, insider confidence is reflected in substantial share purchases over the past three months. The company trades at a favorable valuation compared to peers, with a P/E ratio of 29.3x below industry averages. Recent advancements like the Dimension Nexus AFM and strategic collaborations enhance its technological edge and market positioning.

NasdaqGS:BRKR Earnings and Revenue Growth as at Dec 2024
NasdaqGS:BRKR Earnings and Revenue Growth as at Dec 2024

CarGurus (NasdaqGS:CARG)

Simply Wall St Growth Rating: ★★★★★☆

Overview: CarGurus, Inc. operates an online automotive platform for buying and selling vehicles both in the United States and internationally, with a market cap of approximately $3.98 billion.

Operations: The company's revenue segments include $709.19 million from the U.S. Marketplace and $120.31 million from Digital Wholesale.

Insider Ownership: 17.1%

CarGurus shows potential as a growth company, with revenue forecasted to grow faster than the US market. Despite a net loss for the nine months ending September 2024, its earnings are expected to improve significantly over three years. The company's recent share repurchase plan and introduction of innovative digital retail solutions in Canada highlight strategic initiatives to enhance shareholder value and market presence. CarGurus trades significantly below estimated fair value, indicating possible undervaluation.

NasdaqGS:CARG Earnings and Revenue Growth as at Dec 2024
NasdaqGS:CARG Earnings and Revenue Growth as at Dec 2024

HashiCorp (NasdaqGS:HCP)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: HashiCorp, Inc. provides multi-cloud infrastructure automation solutions globally and has a market cap of approximately $6.91 billion.

Operations: The company's revenue is primarily derived from its Internet Software & Services segment, totaling $654.89 million.

Insider Ownership: 12.2%

HashiCorp's revenue, projected to grow at 13.6% annually, surpasses the US market's rate of 9.1%. Despite recent shareholder dilution and no substantial insider trading activity in the last three months, HashiCorp is on track to become profitable within three years with earnings growth expected at 48.7% per year. Recent earnings showed a reduced net loss of US$13.01 million for Q3 2024 compared to US$39.47 million a year ago, indicating improved financial performance.

NasdaqGS:HCP Earnings and Revenue Growth as at Dec 2024
NasdaqGS:HCP Earnings and Revenue Growth as at Dec 2024

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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.