US Growth Companies with Top Insider Ownership in November 2024
As the US stock market soars with the Dow Jones and S&P 500 highs, investor confidence is boosted by recent political and monetary policy changes. In this thriving environment, growth companies with elite ownership are particularly attractive as they often show strong confidence from those close to the business, adapting well to current market forces favoring governance strong business and strategic vision.
Name
Insider Ownership
Income Growth
Atour Lifestyle Holdings (NasdaqGS:ATAT)
26%
23.5%
GigaCloud Technology (NasdaqGM:GCT)
25.6%
26%
Victory Capital Holdings (NasdaqGS:VCTR)
10.2%
33.3%
Coastal Financial (NasdaqGS:CCB)
18.1%
46.1%
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%
The Carlyle Group (NasdaqGS:CG)
29.5%
22%
BBB Foods (NYSE:TBBB)
22.9%
51.2%
Click here to see the full list of 194 stocks from our Fastest Growing US Companies with Top Insider Authority.
Here we highlight a small portion of our favorite stocks from the screener.
Wall St Growth Status Simply: ★★★★★★
Summary: Credit Acceptance Corporation provides financial programs and related products and services in the United States, with a total of $5.55 billion.
Operation: The company generates $846.10 million in revenue by providing merchant financing programs and related products and services in the United States.
Internal control: 14.1%
Credit Acceptance Corporation shows strong growth with expected annual earnings growth of more than 50% and forecasted revenue growth of 34.9%, surpassing the US market. However, internal sales have been significant recently, and profit margins have decreased from last year. The company reported Q3 revenue of US$550.3 million, up from US$478.6 million a year ago, but net income for the nine months fell to US$96 million compared to US$192.5 million earlier.
NasdaqGS: CACC Earnings and Revenue Growth as of Nov 2024
Wall St Growth Status Simply: ★★★★★☆
Summary: CarGurus, Inc. operates an online automotive platform for buying and selling vehicles in the United States and internationally, with a market capitalization of $3.40 billion.
Operation: The company’s revenue comes from its US Market segment, which generated $686.26 million, and its Digital Wholesale segment, which generated $134.48 million.
Internal control: 17%
CarGurus shows growth potential with expected annual earnings growth of 53.26% and forecasted revenue growth of 12.4%, which exceeds the US market average. The latest Q3 results showed a rise in sales to US$204.02 million from US$177.91 million, although net income saw only a slight improvement year-on-year. Despite significant internal sales recently, CarGurus has announced a share buyback program worth approximately $200 million, underscoring optimism for its future amid the growth of digital solutions in Canada and the US .
NasdaqGS: CARG Earnings and Revenue Growth as of Nov 2024
Wall St Growth Status Simply: ★★★★☆☆
Summary: Tutor Perini Corporation is a construction company that provides general contracting, construction management, and architectural design services to private and public clients in the US and internationally, with a net worth of $1.59 billion.
Operation: Tutor Perini’s revenue streams from its diverse offerings in general contracting, construction management, and architectural services for private sector and public sector clients across local markets and international.
Internal control: 16.5%
Tutor Perini’s growth outlook is bolstered by ownership and strong project activity, including key contracts such as the $1.66 billion Honolulu rail project and the Guam port renovation project of $330.6 million. Despite a recent quarterly loss of US$100.86 million, the company is expected to be profitable within three years with earnings expected to grow 90.23% annually, indicating the potential for appreciation value as it trades significantly below the estimated value.
NYSE: TPC Earnings and Revenue Growth as of Nov 2024
This Simply Wall St article is general in nature. We provide opinions based on historical data and analyst estimates using an unbiased approach and our articles are not intended as financial advice. It does not make an offer to buy or sell any property, and does not consider your motives, or your financial situation. We are committed to bringing you long-term analysis focused on fundamentals. Note that our review may not cover recent releases that are not sensitive to pricing or quality materials. Simply Wall St does not have a position in any of the stocks mentioned. The analysis only considers stocks held directly by insiders. It does not include indirect property holdings in other vehicles such as corporations and/or trusts. All revenue estimates and earnings growth estimates quoted are at annual (annual) growth rates over a 1-3 year period.
Companies discussed in this article include NasdaqGS:CACC NasdaqGS:CARG and NYSE:TPC.
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