US Growth Companies With High Insider Ownership In September 2024

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As of September 2024, U.S. markets have rebounded from recent losses, with major indexes such as the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average each gaining 1.2%. This recovery comes amid a broad-based rally across sectors following last week's selloff driven by concerns over a weakening labor market. In this environment, identifying growth companies with high insider ownership can be particularly appealing to investors. High insider ownership often signals confidence in the company's future prospects and aligns management's interests with those of shareholders.

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

Name

Insider Ownership

Earnings Growth

Atour Lifestyle Holdings (NasdaqGS:ATAT)

26%

23.2%

Atlas Energy Solutions (NYSE:AESI)

29.1%

42.1%

GigaCloud Technology (NasdaqGM:GCT)

25.7%

24.3%

Victory Capital Holdings (NasdaqGS:VCTR)

10.2%

32.3%

Hims & Hers Health (NYSE:HIMS)

13.7%

40.7%

On Holding (NYSE:ONON)

28.4%

24.4%

Credo Technology Group Holding (NasdaqGS:CRDO)

14.1%

95.9%

Carlyle Group (NasdaqGS:CG)

29.5%

22%

EHang Holdings (NasdaqGM:EH)

32.8%

81.5%

BBB Foods (NYSE:TBBB)

22.9%

91.3%

Click here to see the full list of 180 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.

Mama's Creations

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Mama's Creations, Inc., with a market cap of $285.06 million, manufactures and markets fresh deli-prepared foods primarily in the United States through its subsidiaries.

Operations: The company's revenue segments include Food Processing, which generated $110.00 million.

Insider Ownership: 10.2%

Earnings Growth Forecast: 31.2% p.a.

Mama's Creations, Inc. has been added to multiple Russell indexes, reflecting its growing market presence. Despite a recent dip in net income to US$0.55 million from US$1.4 million year-over-year, the company reported a significant revenue increase to US$29.84 million from US$23.12 million last year. With earnings forecasted to grow at 31.2% annually and revenue expected to outpace the broader market at 11.5%, Mama's Creations shows strong growth potential backed by high insider ownership and strategic financial moves like amending its credit facility with M&T Bank.

NasdaqCM:MAMA Ownership Breakdown as at Sep 2024

Kanzhun

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Kanzhun Limited, with a market cap of $5.48 billion, provides online recruitment services in the People’s Republic of China through its subsidiaries.

Operations: Kanzhun Limited generates revenue of CN¥6.81 billion from its Internet Information Providers segment.

Insider Ownership: 16.3%

Earnings Growth Forecast: 21.2% p.a.

Kanzhun Limited, trading significantly below its fair value estimate, demonstrates strong growth potential with forecasted earnings growth of 21.2% annually, outpacing the US market. Recent revenue guidance for Q4 2024 projects a year-on-year increase of up to 19.5%. For H1 2024, Kanzhun reported revenues of CNY 3.62 billion and net income of CNY 666.68 million, both showing substantial year-over-year increases. High insider ownership further underscores confidence in the company's long-term prospects.

NasdaqGS:BZ Ownership Breakdown as at Sep 2024

MP Materials

Simply Wall St Growth Rating: ★★★★★☆

Overview: MP Materials Corp., with a market cap of $2.27 billion, produces rare earth materials through its subsidiaries.

Operations: MP Materials generates $173.66 million from its Metals & Mining - Miscellaneous segment.

Insider Ownership: 12.5%

Earnings Growth Forecast: 72.2% p.a.

MP Materials, with substantial insider ownership and no significant insider selling recently, is expected to see annual profit growth above market averages and revenue growth of 37.8% per year. Despite reporting a net loss of US$34.06 million for Q2 2024, insiders have been buying shares substantially in the past three months. The company’s recent presentations at key conferences highlight its strategic positioning in the rare earths market despite challenges like lower production volumes and revenue declines compared to last year.

NYSE:MP Earnings and Revenue Growth as at Sep 2024

Key Takeaways

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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:MAMA NasdaqGS:BZ and NYSE:MP.

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