<div id="readability-page-1"><p>GigaCloud Technology Inc. (NASDAQ:GCT - Get Free Report)'s share price traded up 6.6% during mid-day trading on Friday . The stock traded as high as $40.56 and last traded at $40.7030. 221,583 shares changed hands during trading, a decline of 75% from the average session volume of 903,053 shares. The stock had previously closed at $38.19.</p><div><p><span></span><span>Get <strong>GigaCloud Technology</strong> alerts:</span></p></div><h2>Wall Street Analysts Forecast Growth</h2><ul><li>5 Small-Cap Stocks With Impressive Growth and Upside Potential</li></ul><p>A number of equities analysts recently issued reports on GCT shares. Weiss Ratings lowered GigaCloud Technology from a &#34;buy (b-)&#34; rating to a &#34;hold (c+)&#34; rating in a report on Wednesday. Zacks Research upgraded shares of GigaCloud Technology from a &#34;hold&#34; rating to a &#34;strong-buy&#34; rating in a research report on Wednesday. Finally, Wall Street Zen cut shares of GigaCloud Technology from a &#34;buy&#34; rating to a &#34;hold&#34; rating in a research note on Wednesday, November 26th. One equities research analyst  has rated the stock with a Strong Buy rating, one  has assigned  a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of &#34;Moderate Buy&#34; and a consensus price target of $24.00.</p><p><b>Read Our Latest Stock Report on GigaCloud Technology</b></p><h2>GigaCloud Technology Stock Up 4.7%</h2><ul><li>Improving Fundamentals Drive New Buybacks for 3 Strong Performers</li></ul><p>The stock has a market cap of $1.48 billion, a PE ratio of 11.97 and a beta of 2.28. The business's fifty day moving average is $31.60 and its 200 day moving average is $26.60. </p><p>GigaCloud Technology (NASDAQ:GCT - Get Free Report) last announced its quarterly earnings results on Thursday, November 6th. The company reported $0.99 EPS for the quarter, topping the consensus estimate of $0.65 by $0.34. GigaCloud Technology had a return on equity of 30.43% and a net margin of 10.62%.The business had revenue of $332.64 million for the quarter, compared to analyst estimates of $300.96 million. During the same quarter in the previous year, the company earned $1.15 EPS. The company's quarterly revenue was up 9.7% on a year-over-year basis.  As a group, analysts predict that  GigaCloud Technology Inc. will post 3.1 EPS for the current year. </p><ul><li>One Value, One Growth, and One Momentum Stock For Diversification</li></ul><p>GigaCloud Technology announced that its board has approved a stock repurchase program on Monday, August 18th that allows the company to repurchase $0.00 in  outstanding  shares. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Stock  repurchase programs are generally a sign that the company's leadership believes its shares are undervalued. </p><h2>Insider Transactions at GigaCloud Technology</h2><p>In other GigaCloud Technology news, COO Xinyan Hao sold 100,000 shares of the company's stock in a transaction dated 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 sale, the chief operating officer owned 407,486 shares of the company's stock, valued at $14,335,357.48. This represents a 19.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities &amp; Exchange Commission, which is accessible through the SEC website. Insiders have sold a total of 360,000 shares of company stock worth $12,049,792 in the last ninety days. Insiders own  24.71% of the company's stock. </p><h2>Institutional Inflows and Outflows</h2><p>A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd acquired a new stake in shares of  GigaCloud Technology in the 3rd quarter valued at about $30,000.  Quarry LP acquired a new position in shares of  GigaCloud Technology in the 3rd quarter worth approximately $29,000.  Mariner LLC lifted its stake in  GigaCloud Technology by 37.5% during the third quarter. Mariner LLC now owns 26,686 shares of the company's stock worth $758,000 after purchasing an additional 7,280 shares during the last quarter.  Millennium Management LLC lifted its position in shares of  GigaCloud Technology by 8.6% in the 3rd quarter. Millennium Management LLC now owns 43,902 shares of the company's stock worth $1,247,000 after buying an additional 3,462 shares during the last quarter.  Finally, Larson Financial Group LLC acquired a new position in shares of  GigaCloud Technology in the 3rd quarter valued at about $30,000. Institutional investors and hedge funds own  34.94% of the company's stock. </p><h2>About GigaCloud Technology</h2> (Get Free Report)<p>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.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than GigaCloud Technology</li><li>NYSE Stocks Give Investors a Variety of Quality Options </li><li>Chewy Stock Just Flashed a Major Buy Signal for 2026</li><li>Investing in the High PE Growth Stocks </li><li>Broadcom Slips Post-Earnings Even as AI Demand Goes Parabolic</li><li>Stock Trading Terms - Stock Terms Every Investor Needs to Know</li><li>Qualcomm Just Got Called an AI Loser—So Why Is It Rallying?</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in GigaCloud Technology Right Now?</h2><p>Before you consider GigaCloud Technology, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and GigaCloud Technology wasn't on the list.</p><p>While GigaCloud Technology currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>GigaCloud Technology's stock (NASDAQ:GCT) rose 6.6% during mid-day trading, reaching $40.7030. Despite a decline in trading volume, analysts have mixed ratings: one strong buy, one buy, and three hold. The company reported strong quarterly earnings, with EPS of $0.99, surpassing estimates. Insider transactions and institutional investments are notable, with insiders owning 24.71% of the stock. The company offers B2B ecommerce solutions globally.</p>

GigaCloud Technology (NASDAQ:GCT) Trading 6.6% Higher - What's Next?