GigaCloud Technology (NASDAQ:GCT) CEO Lei Wu Sells 27,519 Shares

Posted by Stacy Sanders on Mar 21st, 2026

GigaCloud Technology Inc. (NASDAQ:GCT – Get Free Report) CEO Lei Wu sold 27,519 shares of the firm’s stock in a transaction that occurred on Thursday, March 19th. The shares were sold at an average price of $41.26, for a total transaction of $1,135,433.94. Following the completion of the sale, the chief executive officer owned 92,481 shares in the company, valued at $3,815,766.06. This represents a 22.93% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

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 shares were sold at an average price of $43.21, for a total value 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 stock was sold at an average price of $41.36, for a total value of $1,240,800.00.
On Wednesday, March 11th, Lei Wu sold 30,000 shares of GigaCloud Technology stock. The stock was sold at an average price of $43.38, for a total value of $1,301,400.00.
On Monday, March 9th, Lei Wu sold 30,000 shares of GigaCloud Technology stock. The shares were sold at an average price of $42.13, for a total value 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 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 Tuesday, March 3rd, Lei Wu sold 58,090 shares of GigaCloud Technology stock. The stock was 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 Price Performance

Shares of NASDAQ GCT opened at $40.31 on Friday. The company has a 50 day simple moving average of $40.16 and a 200 day simple moving average of $35.36. GigaCloud Technology Inc. has a 1 year low of $11.17 and a 1 year high of $48.00. The firm 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 earnings results on Thursday, February 26th. The company reported $1.16 earnings per share for the quarter, topping analysts’ consensus estimates of $0.65 by $0.51. GigaCloud Technology had a net margin of 10.65% and a return on equity of 30.74%. The firm had revenue of $362.75 million for the quarter, compared to analyst estimates of $332.33 million. During the same period in the previous year, the firm posted $0.76 EPS. The company’s revenue for the quarter was up 22.6% compared to the same quarter last year. As a group, research analysts anticipate that GigaCloud Technology Inc. will post 3.1 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on GCT. Wall Street Zen upgraded GigaCloud Technology from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 28th. Weiss Ratings upgraded GigaCloud Technology from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, January 27th. Finally, Zacks Research raised GigaCloud Technology from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, March 10th. One research analyst has rated the stock with a Strong Buy rating and two have given a Buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $33.00.

Read Our Latest Stock Analysis on GCT

GigaCloud Technology News Roundup

Here are the key news stories impacting GigaCloud Technology this week:

Positive Sentiment: GigaCloud announced a marketplace initiative with Otto Group to introduce select sellers (including furniture brands) to Otto’s European platform — this could expand GigaCloud’s marketplace assortment, improve European distribution for its supplier network and support revenue growth from marketplace services. GigaCloud Announces Marketplace Initiative with Otto Group
Positive Sentiment: Analyst sentiment has improved: Zacks upgraded GCT to a Rank #1 (Strong Buy) and the stock was added to Zacks’ momentum and value lists — this can support short-term buying interest and headline-driven demand. Zacks Upgrade to Strong Buy
Neutral Sentiment: Short-interest data reported an anomalous “0 shares” figure with NaN changes — the metric appears unreliable and provides no clear signal on bearish positioning. (Treat short-interest reading with caution.)
Neutral Sentiment: Institutional activity is mixed: Quiver/filings show both large additions and sizable reductions by hedge funds and institutions in recent quarters, so ownership changes are not a clear one-way directional signal. Quiver Quant Coverage
Negative Sentiment: Significant insider selling by CEO Lei Wu: multiple open-market sales this month (including large blocks on March 19–20) have materially reduced his holdings and represent continued cashing-out by top management — a likely driver of today’s selling pressure and weaker sentiment. SEC filing: SEC Form 4

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of GCT. LSV Asset Management boosted its stake in GigaCloud Technology by 824.2% during the fourth quarter. LSV Asset Management now owns 736,600 shares of the company’s stock worth $28,934,000 after acquiring an additional 656,900 shares in the last quarter. Arrowstreet Capital Limited Partnership bought a new stake in GigaCloud Technology in the third quarter valued at $14,335,000. UBS Group AG raised its holdings in shares of GigaCloud Technology by 133.8% during the third quarter. UBS Group AG now owns 441,992 shares of the company’s stock valued at $12,553,000 after purchasing an additional 252,934 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of GigaCloud Technology by 67.7% during the second quarter. JPMorgan Chase & Co. now owns 339,885 shares of the company’s stock valued at $6,723,000 after purchasing an additional 137,201 shares during the period. Finally, Dimensional Fund Advisors LP bought a new position in shares of GigaCloud Technology during the 4th quarter worth about $5,266,000. Institutional investors and hedge funds 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.