Insider Selling: GigaCloud Technology (NASDAQ:GCT) CEO Sells $1,312,557.21 in Stock

Posted by Amy Steele on Mar 20th, 2026

GigaCloud Technology Inc. (NASDAQ:GCT – Get Free Report) CEO Lei Wu sold 32,481 shares of GigaCloud Technology stock in a transaction on Friday, March 20th. The stock was sold at an average price of $40.41, for a total value of $1,312,557.21. Following the sale, the chief executive officer directly owned 60,000 shares of the company’s stock, valued at approximately $2,424,600. This trade represents a 35.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

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

On Thursday, March 19th, Lei Wu sold 27,519 shares of GigaCloud Technology stock. The stock was sold at an average price of $41.26, for a total value of $1,135,433.94.
On Wednesday, March 18th, Lei Wu sold 30,000 shares of GigaCloud Technology stock. The shares were sold at an average price of $43.21, for a total transaction of $1,296,300.00.
On Monday, March 16th, Lei Wu sold 30,000 shares of GigaCloud Technology stock. The shares were sold at an average price of $42.39, for a total value of $1,271,700.00.
On Friday, March 13th, Lei Wu sold 30,000 shares of GigaCloud Technology stock. The shares were sold at an average price of $41.36, for a total transaction of $1,240,800.00.
On Wednesday, March 11th, Lei Wu sold 30,000 shares of GigaCloud Technology stock. The shares were sold at an average price of $43.38, for a total transaction of $1,301,400.00.
On Monday, March 9th, Lei Wu sold 30,000 shares of GigaCloud Technology stock. The stock was sold at an average price of $42.13, for a total transaction of $1,263,900.00.
On Thursday, March 5th, Lei Wu sold 30,000 shares of GigaCloud Technology stock. The stock was sold at an average price of $43.11, for a total transaction of $1,293,300.00.
On Wednesday, March 4th, Lei Wu sold 40,000 shares of GigaCloud Technology stock. The shares were sold at an average price of $44.08, for a total value of $1,763,200.00.
On Tuesday, March 3rd, Lei Wu sold 58,090 shares of GigaCloud Technology stock. The shares were sold at an average price of $40.99, for a total value of $2,381,109.10.
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.

GigaCloud Technology Stock Performance

GCT traded down $2.43 on Friday, hitting $40.31. 1,043,903 shares of the company were exchanged, compared to its average volume of 794,764. The stock’s fifty day moving average is $40.16 and its 200-day moving average is $35.36. GigaCloud Technology Inc. has a 12 month low of $11.17 and a 12 month high of $48.00. The company has a market cap of $1.49 billion, a PE ratio of 11.14 and a beta of 2.24.

GigaCloud Technology (NASDAQ:GCT – Get Free Report) last posted its quarterly earnings results on Thursday, February 26th. The company reported $1.16 earnings per share for the quarter, beating analysts’ consensus estimates of $0.65 by $0.51. The firm had revenue of $362.75 million during the quarter, compared to the consensus estimate of $332.33 million. GigaCloud Technology had a return on equity of 30.74% and a net margin of 10.65%.The business’s revenue was up 22.6% compared to the same quarter last year. During the same period last year, the company earned $0.76 earnings per share. As a group, equities research analysts expect that GigaCloud Technology Inc. will post 3.1 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research firms recently weighed in on GCT. 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. Zacks Research upgraded shares of GigaCloud Technology from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, March 10th. Finally, 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. One research analyst has rated the stock with a Strong Buy rating and two have assigned a Buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $33.00.

Get Our Latest Research Report on GCT

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Ameritas Investment Partners Inc. increased its position in GigaCloud Technology by 17.6% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 2,705 shares of the company’s stock worth $54,000 after buying an additional 405 shares during the period. Tower Research Capital LLC TRC increased its position in GigaCloud Technology by 25.6% during the second quarter. Tower Research Capital LLC TRC now owns 2,372 shares of the company’s stock worth $47,000 after acquiring an additional 483 shares during the period. SG Americas Securities LLC increased its position in GigaCloud Technology by 10.2% during the fourth quarter. SG Americas Securities LLC now owns 5,249 shares of the company’s stock worth $206,000 after acquiring an additional 485 shares during the period. Jones Financial Companies Lllp raised its stake in GigaCloud Technology by 184.6% in the 3rd quarter. Jones Financial Companies Lllp now owns 908 shares of the company’s stock worth $27,000 after purchasing an additional 589 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its stake in GigaCloud Technology by 14.9% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,853 shares of the company’s stock worth $166,000 after purchasing an additional 759 shares in the last quarter. 34.94% of the stock is owned by institutional investors and hedge funds.

GigaCloud Technology Company Profile

(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.