As the S&P 500 and Nasdaq continue their upward momentum, driven by a tech rally and positive inflation data, investors are increasingly looking for growth opportunities in the U.S. market. One key indicator of a potentially strong investment is high insider ownership, which often signals confidence from those closest to the company.
Top 10 Growth Companies With High Insider Ownership In The United States
Overview: AvePoint, Inc. offers a cloud-native data management software platform across North America, Europe, the Middle East, Africa, and Asia Pacific with a market cap of $1.96 billion.
Operations: The company's revenue segment comprises $299.88 million from Software & Programming.
Insider Ownership: 36.9%
Revenue Growth Forecast: 17% p.a.
AvePoint, Inc. has demonstrated significant revenue growth, reporting US$77.96 million for Q2 2024, up from US$64.87 million a year ago, with a net loss narrowing to US$14.53 million for the first half of 2024 compared to US$21.78 million previously. Despite being dropped from several Russell indices in July 2024, AvePoint's forecasted annual profit growth is above market average and insiders have shown more buying than selling activity recently.
Overview: Krystal Biotech, Inc. is a commercial-stage biotechnology company that discovers, develops, and commercializes genetic medicines for patients with rare diseases in the United States, with a market cap of $5.30 billion.
Operations: Krystal Biotech focuses on the discovery, development, and commercialization of genetic medicines for rare diseases in the United States.
Insider Ownership: 10.7%
Revenue Growth Forecast: 32.9% p.a.
Krystal Biotech has shown significant earnings improvement, reporting a net income of US$15.57 million for Q2 2024 compared to a net loss of US$33.21 million a year ago. Revenue is forecasted to grow at 32.9% per year, outpacing the US market average. Despite past shareholder dilution, the stock trades well below its estimated fair value and insiders maintain substantial ownership without recent selling activity, suggesting confidence in future growth prospects.
Overview: Zeta Global Holdings Corp. (NYSE: ZETA) operates an omnichannel data-driven cloud platform offering consumer intelligence and marketing automation software, with a market cap of approximately $5.06 billion.
Operations: Revenue from Internet Software & Services for Zeta Global Holdings Corp. amounts to $822.09 million.
Insider Ownership: 15.6%
Revenue Growth Forecast: 16.9% p.a.
Zeta Global Holdings, with substantial insider ownership, is forecasted to grow revenue at 16.9% per year and become profitable within three years. Recent earnings show a reduced net loss of US$28.07 million for Q2 2024 compared to US$52.16 million a year ago, while sales increased to US$227.84 million from US$171.82 million. The company raised its revenue guidance for 2024 and continues strategic buybacks, indicating confidence in its growth trajectory despite slower-than-20% revenue growth projections.
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.