As the Nasdaq Composite reaches new heights and the Dow Jones Industrial Average experiences a consecutive losing streak, investors are closely watching growth companies with high insider ownership as potential opportunities in a fluctuating market. In this environment, stocks with strong revenue growth and significant insider investment can be appealing, as they often indicate confidence from those who know the company best.
Click here to see the full list of 204 stocks from our Fast Growing US Companies With High Insider Ownership screener.
Let’s review some notable picks from our screened stocks.
Simply Wall St Growth Rating: ★★★★★☆
Overview: Cipher Mining Inc. develops and operates industrial-scale bitcoin mining data centers in the United States, with a market cap of approximately $2.13 billion.
Operations: The company’s revenue is primarily generated from its data processing segment, amounting to $152.47 million.
Insider Ownership: 16.7%
Revenue Growth Forecast: 56.9% p.a.
Cipher Mining’s growth trajectory is marked by expected annual revenue growth of 56.9%, significantly outpacing the US market average. Despite a volatile share price and recent shareholder dilution, insider ownership remains high with substantial buying activity. The company has been expanding its operations aggressively, acquiring new sites like Stingray in Texas to bolster its portfolio to 2.6 GW across 11 sites. However, financial challenges persist with a net loss of US$86.75 million in Q3 2024 despite increased sales over nine months compared to the previous year.
NasdaqGS:CIFR Earnings and Revenue Growth as at Dec 2024
Simply Wall St Growth Rating: ★★★★☆☆
Overview: FB Financial Corporation is a bank holding company for FirstBank, offering commercial and consumer banking services to businesses, professionals, and individuals, with a market cap of approximately $2.57 billion.
Operations: The company generates revenue through its banking segment, which accounts for $391.62 million, and its mortgage segment, contributing $44.78 million.
Insider Ownership: 25.6%
Revenue Growth Forecast: 12.3% p.a.
FB Financial’s growth outlook is buoyed by expected annual earnings growth of 24.4%, surpassing the US market average. Despite a dip in net income to US$10.22 million in Q3 2024, insider activity shows substantial buying over selling recently, indicating confidence. The company trades below its estimated fair value and forecasts suggest revenue will grow faster than the broader market at 12.3% annually, though still below high-growth thresholds.
NYSE:FBK Earnings and Revenue Growth as at Dec 2024
Simply Wall St Growth Rating: ★★★★★☆
Overview: Toast, Inc. provides a cloud-based digital technology platform tailored for the restaurant industry across the United States, Ireland, and India, with a market cap of approximately $21.66 billion.
Operations: The company’s revenue is primarily generated from its data processing segment, which amounts to $4.66 billion.
Insider Ownership: 20.4%
Revenue Growth Forecast: 17.3% p.a.
Toast is expanding through strategic partnerships, notably with Uber, enhancing its delivery services and reducing costs for restaurants. Despite recent insider selling, the company shows strong growth potential with earnings forecasted to grow 56.58% annually and revenue expected to outpace the US market at 17.3% per year. Recent earnings reports highlight significant improvement, with Q3 net income reaching US$56 million compared to a loss last year, aiding its path towards profitability within three years.
NYSE:TOST Ownership Breakdown as at Dec 2024
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 NasdaqGS:CIFR NYSE:FBK and NYSE:TOST.
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Kara Miles is a news writer, who loves to write about politics, health, business, parenting, and finance. She has two kids, who she loves to take on adventures with her. She also loves writing about her hobbies as well.
