GigaCloud Technology (NASDAQ:GCT) CEO Sells $1,135,433.94 in Stock

Posted by Dante Gardener on Mar 20th, 2026

GigaCloud Technology Inc. (NASDAQ:GCT – Get Free Report) CEO Lei Wu sold 27,519 shares of the firm’s stock in a transaction on Thursday, March 19th. The shares were sold at an average price of $41.26, for a total value of $1,135,433.94. Following the transaction, the chief executive officer owned 92,481 shares in the company, valued at approximately $3,815,766.06. This represents a 22.93% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

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

On Friday, March 20th, Lei Wu sold 32,481 shares of GigaCloud Technology stock. The stock was sold at an average price of $40.41, for a total transaction of $1,312,557.21.
On Wednesday, March 18th, Lei Wu sold 30,000 shares of GigaCloud Technology stock. The stock was 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 stock was sold at an average price of $42.39, for a total transaction 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 shares were 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 transaction 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 transaction of $2,381,109.10.
On Monday, March 2nd, Lei Wu sold 30,000 shares of GigaCloud Technology stock. The stock was sold at an average price of $42.83, for a total transaction of $1,284,900.00.

GigaCloud Technology Stock Performance

GigaCloud Technology stock traded down $2.43 during mid-day trading on Friday, reaching $40.31. 1,043,903 shares of the company were exchanged, compared to its average volume of 794,764. The business has a fifty day moving average of $40.16 and a 200 day moving average of $35.36. The firm has a market cap of $1.49 billion, a P/E ratio of 11.14 and a beta of 2.24. GigaCloud Technology Inc. has a 12-month low of $11.17 and a 12-month high of $48.00.

GigaCloud Technology (NASDAQ:GCT – Get Free Report) last announced its earnings results on Thursday, February 26th. The company reported $1.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.65 by $0.51. GigaCloud Technology had a return on equity of 30.74% and a net margin of 10.65%.The business had revenue of $362.75 million for the quarter, compared to analysts’ expectations of $332.33 million. During the same quarter last year, the firm earned $0.76 EPS. The business’s revenue for the quarter was up 22.6% on a year-over-year basis. Sell-side analysts predict that GigaCloud Technology Inc. will post 3.1 EPS for the current year.

Institutional Investors Weigh In On GigaCloud Technology

Several institutional investors have recently bought and sold shares of the company. Ameritas Investment Partners Inc. increased its stake 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 in the last quarter. Tower Research Capital LLC TRC raised its holdings in shares of GigaCloud Technology by 25.6% during the second quarter. Tower Research Capital LLC TRC now owns 2,372 shares of the company’s stock valued at $47,000 after acquiring an additional 483 shares during the last quarter. SG Americas Securities LLC lifted its position in shares of GigaCloud Technology by 10.2% in the fourth quarter. SG Americas Securities LLC now owns 5,249 shares of the company’s stock valued at $206,000 after acquiring an additional 485 shares in the last quarter. Jones Financial Companies Lllp boosted its stake in shares of GigaCloud Technology by 184.6% in the third quarter. Jones Financial Companies Lllp now owns 908 shares of the company’s stock worth $27,000 after acquiring an additional 589 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of GigaCloud Technology by 14.9% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,853 shares of the company’s stock worth $166,000 after acquiring an additional 759 shares during the last quarter. 34.94% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on GCT shares. Zacks Research upgraded GigaCloud Technology from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, March 10th. Wall Street Zen raised shares of GigaCloud Technology from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 28th. Finally, Weiss Ratings upgraded shares of GigaCloud Technology from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, January 27th. One equities research analyst has rated the stock with a Strong Buy rating and two have issued a Buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $33.00.

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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.