Key Points
- COO Xinyan Hao sold 100,000 shares on Nov. 21 at an average of $35.18 for $3.518M, cutting her stake by 19.70% to 407,486 shares, and has executed multiple other sales in recent weeks amounting to millions.
- GigaCloud recently beat expectations with $0.99 EPS and $332.6M revenue (quarterly), showing a 30.43% ROE and 10.62% net margin, but analysts are mixed — average rating "Hold" with a $24 target while the stock trades near its 1‑year high.
GigaCloud Technology Inc. (NASDAQ:GCT - Get Free Report) COO Xinyan Hao sold 100,000 shares of the stock in a transaction on Friday, November 21st. The shares were sold at an average price of $35.18, for a total value of $3,518,000.00. Following the completion of the transaction, the chief operating officer directly owned 407,486 shares of the company's stock, valued at approximately $14,335,357.48. This represents a 19.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
Xinyan Hao also recently made the following trade(s):
- On Wednesday, November 19th, Xinyan Hao sold 29,319 shares of GigaCloud Technology stock. The stock was sold at an average price of $31.51, for a total transaction of $923,841.69.
- On Monday, November 17th, Xinyan Hao sold 30,000 shares of GigaCloud Technology stock. The stock was sold at an average price of $30.32, for a total transaction of $909,600.00.
- On Friday, November 14th, Xinyan Hao sold 30,000 shares of GigaCloud Technology stock. The shares were sold at an average price of $30.42, for a total transaction of $912,600.00.
- On Wednesday, November 12th, Xinyan Hao sold 30,000 shares of GigaCloud Technology stock. The stock was sold at an average price of $31.48, for a total transaction of $944,400.00.
- On Monday, November 10th, Xinyan Hao sold 30,000 shares of GigaCloud Technology stock. The stock was sold at an average price of $33.61, for a total transaction of $1,008,300.00.
- On Friday, November 7th, Xinyan Hao sold 30,000 shares of GigaCloud Technology stock. The shares were sold at an average price of $30.29, for a total transaction of $908,700.00.
- On Wednesday, October 29th, Xinyan Hao sold 16,939 shares of GigaCloud Technology stock. The shares were sold at an average price of $30.01, for a total transaction of $508,339.39.
- On Monday, September 29th, Xinyan Hao sold 13,742 shares of GigaCloud Technology stock. The stock was sold at an average price of $30.02, for a total transaction of $412,534.84.
GigaCloud Technology Price Performance
Shares of GigaCloud Technology stock opened at $36.78 on Wednesday. The stock's 50 day simple moving average is $29.31 and its 200-day simple moving average is $24.98. The stock has a market cap of $1.36 billion, a P/E ratio of 11.01 and a beta of 2.35. GigaCloud Technology Inc. has a 1-year low of $11.17 and a 1-year high of $36.80.
GigaCloud Technology (NASDAQ:GCT - Get Free Report) last posted its quarterly earnings results on Thursday, November 6th. The company reported $0.99 EPS for the quarter, beating the consensus estimate of $0.65 by $0.34. The firm had revenue of $332.64 million during the quarter, compared to analysts' expectations of $300.96 million. GigaCloud Technology had a return on equity of 30.43% and a net margin of 10.62%.The business's revenue for the quarter was up 9.7% on a year-over-year basis. During the same quarter last year, the firm earned $1.15 earnings per share. GigaCloud Technology has set its Q4 2025 guidance at EPS. As a group, research analysts expect that GigaCloud Technology Inc. will post 3.1 EPS for the current fiscal year.
GigaCloud Technology announced that its Board of Directors has initiated a share repurchase program on Monday, August 18th that authorizes the company to repurchase $0.00 in shares. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are generally a sign that the company's leadership believes its shares are undervalued.
Wall Street Analyst Weigh In
Several research analysts have recently weighed in on GCT shares. Wall Street Zen cut shares of GigaCloud Technology from a "buy" rating to a "hold" rating in a research report on Wednesday. Weiss Ratings raised shares of GigaCloud Technology from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Friday. Lake Street Capital boosted their target price on shares of GigaCloud Technology from $26.00 to $33.00 and gave the company a "buy" rating in a report on Friday, August 8th. Finally, Zacks Research downgraded shares of GigaCloud Technology from a "strong-buy" rating to a "hold" rating in a report on Tuesday, November 11th. Two investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $24.00.
Read Our Latest Report on GigaCloud Technology
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the stock. CWM LLC boosted its stake in GigaCloud Technology by 319.8% during the first quarter. CWM LLC now owns 2,821 shares of the company's stock worth $40,000 after buying an additional 2,149 shares during the period. Victory Capital Management Inc. lifted its holdings in shares of GigaCloud Technology by 95.8% in the 1st quarter. Victory Capital Management Inc. now owns 137,855 shares of the company's stock worth $1,958,000 after acquiring an additional 67,455 shares during the last quarter. Pacer Advisors Inc. purchased a new position in shares of GigaCloud Technology during the 1st quarter worth approximately $4,806,000. LPL Financial LLC increased its holdings in GigaCloud Technology by 32.2% in the 1st quarter. LPL Financial LLC now owns 164,605 shares of the company's stock valued at $2,337,000 after purchasing an additional 40,117 shares during the last quarter. Finally, Banque Cantonale Vaudoise purchased a new stake in GigaCloud Technology in the first quarter valued at approximately $103,000. Institutional investors and hedge funds own 34.94% of the company's stock.
GigaCloud Technology Company Profile
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Get Free Report)
GigaCloud Technology Inc provides end-to-end B2B ecommerce solutions for large parcel merchandise in the United States and internationally. The company offers GigaCloud Marketplace integrates product discovery to payments to logistics tools into one easy-to-use platform. Its marketplace connects manufacturers primarily in Asia with resellers in the United States, Asia, and Europe to execute cross-border transactions across furniture, home appliance, fitness equipment, and other large parcel categories.
Further Reading
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