GIGACLOUD TECHNOLOGY Earnings Results: $GCT Reports Quarterly Earnings

GIGACLOUD TECHNOLOGY ($GCT) posted quarterly earnings results on Monday, March 3rd. The company reported earnings of $0.76 per share, missing estimates of $0.81 by $0.05. The company also reported revenue of $295,780,000, beating estimates of $291,216,663 by $4,563,337.

You can see Quiver Quantitative's $GCT stock page to track data on insider trading, hedge fund activity, congressional trading, and more.

GIGACLOUD TECHNOLOGY Insider Trading Activity

GIGACLOUD TECHNOLOGY insiders have traded $GCT stock on the open market 7 times in the past 6 months. Of those trades, 1 have been purchases and 6 have been sales.

Here’s a breakdown of recent trading of $GCT stock by insiders over the last 6 months:

• FRANK HURST LIN sold 2,663,076 shares for an estimated $58,055,056
• XIN WAN (Chief Technology Officer) has made 0 purchases and 5 sales selling 150,000 shares for an estimated $3,200,618.
• MARSHALL BERNES (Head of BaaS Program) purchased 5,000 shares for an estimated $87,500

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

GIGACLOUD TECHNOLOGY Hedge Fund Activity

We have seen 81 institutional investors add shares of GIGACLOUD TECHNOLOGY stock to their portfolio, and 101 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

• CITIGROUP INC added 314,664 shares (+1857.7%) to their portfolio in Q4 2024, for an estimated $5,827,577
• PERTENTO PARTNERS LLP removed 301,270 shares (-100.0%) from their portfolio in Q3 2024, for an estimated $6,923,184
• OASIS MANAGEMENT CO LTD. added 299,680 shares (+inf%) to their portfolio in Q4 2024, for an estimated $5,550,073
• UBS GROUP AG added 257,997 shares (+1310.1%) to their portfolio in Q4 2024, for an estimated $4,778,104
• SUSQUEHANNA INTERNATIONAL GROUP, LLP removed 255,176 shares (-69.4%) from their portfolio in Q4 2024, for an estimated $4,725,859
• JANE STREET GROUP, LLC added 222,304 shares (+1599.5%) to their portfolio in Q4 2024, for an estimated $4,117,070
• BLACKROCK, INC. added 208,037 shares (+12.3%) to their portfolio in Q4 2024, for an estimated $3,852,845

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

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