GigaCloud Technology (NASDAQ:GCT) Downgraded to Hold Rating by Roth Capital

Roth Capital lowered shares of GigaCloud Technology (NASDAQ:GCT) from a strong-buy rating to a hold rating in a report published on Tuesday,Zacks.com reports. Roth Capital also issued estimates for GigaCloud Technology’s Q2 2025 earnings at $0.64 EPS.

Several other brokerages have also recently weighed in on GCT. Roth Mkm cut shares of GigaCloud Technology from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $32.00 to $15.00 in a research note on Tuesday. Lake Street Capital decreased their price target on shares of GigaCloud Technology from $50.00 to $26.00 and set a “buy” rating for the company in a research note on Tuesday. Two research analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $36.67.

GigaCloud Technology Stock Performance

Shares of GCT stock opened at $15.53 on Tuesday. The company has a market capitalization of $636.30 million, a P/E ratio of 4.91 and a beta of 1.94. The company’s 50 day moving average price is $19.47 and its two-hundred day moving average price is $21.27. GigaCloud Technology has a 52 week low of $13.60 and a 52 week high of $45.18.

GigaCloud Technology (NASDAQ:GCT) last announced its earnings results on Monday, March 3rd. The company reported $0.76 EPS for the quarter, missing the consensus estimate of $0.90 by ($0.14). The company had revenue of $295.78 million for the quarter, compared to analyst estimates of $290.00 million. GigaCloud Technology had a return on equity of 40.32% and a net margin of 11.75%. During the same quarter last year, the business posted $0.87 earnings per share. Analysts forecast that GigaCloud Technology will post 3.1 earnings per share for the current year.

Insider Buying and Selling at GigaCloud Technology

In related news, major shareholder Frank Hurst Lin sold 2,663,076 shares of the business’s stock in a transaction dated Friday, December 6th. The stock was sold at an average price of $21.80, for a total value of $58,055,056.80. Following the completion of the transaction, the insider now owns 1,406,813 shares of the company’s stock, valued at $30,668,523.40. The trade was a 65.43 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CTO Xin Wan sold 80,000 shares of the business’s stock in a transaction dated Friday, December 6th. The shares were sold at an average price of $22.14, for a total value of $1,771,200.00. Following the completion of the transaction, the chief technology officer now directly owns 867,540 shares of the company’s stock, valued at approximately $19,207,335.60. This trade represents a 8.44 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 2,811,979 shares of company stock valued at $61,233,745 in the last quarter. 43.00% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of GCT. Harvest Fund Management Co. Ltd bought a new position in GigaCloud Technology in the third quarter valued at about $6,956,000. Oasis Management Co Ltd. bought a new position in GigaCloud Technology in the fourth quarter valued at about $5,550,000. Geode Capital Management LLC grew its position in GigaCloud Technology by 90.7% in the third quarter. Geode Capital Management LLC now owns 577,108 shares of the company’s stock valued at $13,265,000 after acquiring an additional 274,506 shares during the last quarter. Jane Street Group LLC grew its position in GigaCloud Technology by 1,599.5% in the fourth quarter. Jane Street Group LLC now owns 236,202 shares of the company’s stock valued at $4,374,000 after acquiring an additional 222,304 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its position in GigaCloud Technology by 279.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 214,569 shares of the company’s stock valued at $4,931,000 after acquiring an additional 158,033 shares during the last quarter. Institutional investors and hedge funds own 34.94% of the company’s stock.

GigaCloud Technology Company Profile

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.