Ritholtz Wealth Management Buys 52,325 Shares of GigaCloud Technology Inc. $GCT

Posted by Geri Gentry on Jun 27th, 2026

Ritholtz Wealth Management boosted its stake in GigaCloud Technology Inc. (NASDAQ:GCT – Free Report) by 969.3% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 57,723 shares of the company’s stock after purchasing an additional 52,325 shares during the quarter. Ritholtz Wealth Management’s holdings in GigaCloud Technology were worth $2,619,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also bought and sold shares of the company. Quarry LP purchased a new position in GigaCloud Technology in the 3rd quarter worth approximately $29,000. Larson Financial Group LLC bought a new position in shares of GigaCloud Technology in the 3rd quarter worth $30,000. Caitong International Asset Management Co. Ltd purchased a new stake in shares of GigaCloud Technology during the 3rd quarter valued at $30,000. Wealth Enhancement Advisory Services LLC purchased a new stake in shares of GigaCloud Technology during the 4th quarter valued at $44,000. Finally, Tower Research Capital LLC TRC lifted its holdings in shares of GigaCloud Technology by 25.6% during the 2nd 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 last quarter. 34.94% of the stock is currently owned by institutional investors.

GigaCloud Technology Stock Performance

GCT stock opened at $32.06 on Friday. The company has a market capitalization of $1.18 billion, a PE ratio of 8.06 and a beta of 1.68. GigaCloud Technology Inc. has a one year low of $19.23 and a one year high of $51.86. The company’s 50 day moving average price is $38.29 and its two-hundred day moving average price is $39.99.

GigaCloud Technology (NASDAQ:GCT – Get Free Report) last announced its quarterly earnings data on Friday, May 8th. The company reported $1.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.87 by $0.17. GigaCloud Technology had a net margin of 10.77% and a return on equity of 31.48%. The company had revenue of $359.49 million during the quarter, compared to analysts’ expectations of $342.57 million. During the same quarter in the prior year, the company earned $0.68 EPS. The firm’s revenue was up 32.2% on a year-over-year basis. On average, research analysts predict that GigaCloud Technology Inc. will post 4.18 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Wall Street Zen cut GigaCloud Technology from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 16th. Weiss Ratings lowered GigaCloud Technology from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, June 8th. Finally, Zacks Research cut GigaCloud Technology from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 5th. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, GigaCloud Technology presently has an average rating of “Hold” and an average price target of $33.00.

Get Our Latest Analysis on GCT

GigaCloud Technology Profile

(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.