GigaCloud Technology (NASDAQ:GCT) CEO Lei Wu Sells 58,090 Shares

Posted by Teresa Graham on Mar 6th, 2026

GigaCloud Technology Inc. (NASDAQ:GCT – Get Free Report) CEO Lei Wu sold 58,090 shares of the business’s stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $40.99, for a total value of $2,381,109.10. Following the transaction, the chief executive officer owned 460,000 shares in the company, valued at approximately $18,855,400. This represents a 11.21% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Lei Wu also recently made the following trade(s):

On Thursday, March 5th, Lei Wu sold 30,000 shares of GigaCloud Technology stock. The shares were sold at an average price of $43.11, for a total value of $1,293,300.00.
On Wednesday, March 4th, Lei Wu sold 40,000 shares of GigaCloud Technology stock. The stock was sold at an average price of $44.08, for a total value of $1,763,200.00.
On Monday, March 2nd, Lei Wu sold 30,000 shares of GigaCloud Technology stock. The shares were sold at an average price of $42.83, for a total value of $1,284,900.00.
On Friday, February 27th, Lei Wu sold 60,000 shares of GigaCloud Technology stock. The stock was sold at an average price of $43.57, for a total value of $2,614,200.00.
On Thursday, February 26th, Lei Wu sold 70,000 shares of GigaCloud Technology stock. The shares were sold at an average price of $45.28, for a total transaction of $3,169,600.00.
On Thursday, January 22nd, Lei Wu sold 20,000 shares of GigaCloud Technology stock. The shares were sold at an average price of $40.78, for a total transaction of $815,600.00.
On Wednesday, January 21st, Lei Wu sold 210 shares of GigaCloud Technology stock. The stock was sold at an average price of $40.26, for a total transaction of $8,454.60.
On Tuesday, January 20th, Lei Wu sold 1,700 shares of GigaCloud Technology stock. The shares were sold at an average price of $40.01, for a total transaction of $68,017.00.
On Friday, January 16th, Lei Wu sold 20,000 shares of GigaCloud Technology stock. The stock was sold at an average price of $41.34, for a total transaction of $826,800.00.
On Wednesday, January 14th, Lei Wu sold 20,000 shares of GigaCloud Technology stock. The shares were sold at an average price of $40.94, for a total transaction of $818,800.00.

GigaCloud Technology Trading Down 2.7%

GigaCloud Technology stock traded down $1.18 during mid-day trading on Friday, hitting $42.48. The company’s stock had a trading volume of 62,048 shares, compared to its average volume of 609,579. The firm has a market capitalization of $1.57 billion, a PE ratio of 11.72 and a beta of 2.24. GigaCloud Technology Inc. has a 1 year low of $11.17 and a 1 year high of $48.00. The stock’s fifty day moving average is $39.68 and its two-hundred day moving average is $34.32.

GigaCloud Technology (NASDAQ:GCT – Get Free Report) last posted its earnings results on Thursday, February 26th. The company reported $1.04 EPS for the quarter, beating analysts’ consensus estimates of $0.65 by $0.39. GigaCloud Technology had a return on equity of 30.74% and a net margin of 10.65%.The company had revenue of $362.75 million for the quarter, compared to the consensus estimate of $332.33 million. During the same quarter in the previous year, the business earned $0.76 earnings per share. The company’s revenue for the quarter was up 22.6% on a year-over-year basis. On average, equities analysts expect that GigaCloud Technology Inc. will post 3.1 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the stock. Wall Street Zen raised shares of GigaCloud Technology from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 28th. Weiss Ratings raised shares of GigaCloud Technology from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, January 27th. Finally, Zacks Research downgraded shares of GigaCloud Technology from a “strong-buy” rating to a “hold” rating in a report on Friday, January 16th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, GigaCloud Technology currently has an average rating of “Moderate Buy” and a consensus price target of $33.00.

View Our Latest Stock Analysis on GigaCloud Technology

Hedge Funds Weigh In On GigaCloud Technology

Several hedge funds and other institutional investors have recently added to or reduced their stakes in GCT. Vanguard Group Inc. grew its stake in shares of GigaCloud Technology by 18.2% in the third quarter. Vanguard Group Inc. now owns 803,664 shares of the company’s stock worth $22,824,000 after acquiring an additional 123,596 shares in the last quarter. LSV Asset Management boosted its holdings in GigaCloud Technology by 824.2% in the fourth quarter. LSV Asset Management now owns 736,600 shares of the company’s stock valued at $28,934,000 after purchasing an additional 656,900 shares during the period. Geode Capital Management LLC boosted its holdings in GigaCloud Technology by 9.1% in the second quarter. Geode Capital Management LLC now owns 630,805 shares of the company’s stock valued at $12,479,000 after purchasing an additional 52,415 shares during the period. State Street Corp grew its stake in GigaCloud Technology by 1.8% during the 4th quarter. State Street Corp now owns 566,091 shares of the company’s stock worth $22,236,000 after purchasing an additional 9,765 shares in the last quarter. Finally, Nuveen LLC increased its holdings in GigaCloud Technology by 32.2% during the 4th quarter. Nuveen LLC now owns 542,454 shares of the company’s stock worth $21,308,000 after purchasing an additional 132,107 shares during the period. Hedge funds and other institutional investors own 34.94% of the company’s stock.

About GigaCloud Technology

(Get Free Report)

GigaCloud Technology Inc (NASDAQ:GCT) is a China-based provider of software-as-a-service (SaaS) and cloud computing solutions tailored for cross-border e-commerce. The company’s core offering, its Supply Chain Embedded E-commerce as a Service (SCEaaS) platform, integrates procurement, order management, warehousing, logistics and payment services into a unified cloud-based system. This end-to-end digital supply chain solution is designed to help small and medium-sized Chinese exporters efficiently connect with global buyers without the need to build and maintain their own infrastructure.

Through its modular, subscription-based SaaS model, GigaCloud enables merchants to scale operations on demand and minimize upfront capital expenditures.