GigaCloud Technology (NASDAQ:GCT) Director Zhiwu Chen Sells 1,500 Shares

Posted by Stanley Muller on Sep 17th, 2026

GigaCloud Technology Inc. (NASDAQ:GCT – Get Free Report) Director Zhiwu Chen sold 1,500 shares of the stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $52.38, for a total transaction of $78,570.00. Following the completion of the sale, the director owned 25,557 shares in the company, valued at $1,338,675.66. This represents a 5.54% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Zhiwu Chen also recently made the following trade(s):

On Wednesday, September 16th, Zhiwu Chen sold 1,500 shares of GigaCloud Technology stock. The stock was sold at an average price of $52.96, for a total transaction of $79,440.00.

GigaCloud Technology Price Performance

Shares of GigaCloud Technology stock opened at $51.64 on Thursday. GigaCloud Technology Inc. has a 1 year low of $25.39 and a 1 year high of $56.27. The company has a market capitalization of $1.84 billion, a P/E ratio of 12.21 and a beta of 1.65. The business has a 50 day moving average price of $46.52 and a 200 day moving average price of $42.15.

GigaCloud Technology (NASDAQ:GCT – Get Free Report) last announced its earnings results on Thursday, August 6th. The company reported $1.16 EPS for the quarter, beating analysts’ consensus estimates of $0.90 by $0.26. The firm had revenue of $411.64 million for the quarter, compared to analysts’ expectations of $380.63 million. GigaCloud Technology had a return on equity of 31.42% and a net margin of 10.65%. As a group, research analysts expect that GigaCloud Technology Inc. will post 4.18 EPS for the current fiscal year.

Hedge Funds Weigh In On GigaCloud Technology

Several institutional investors and hedge funds have recently modified their holdings of GCT. Engineers Gate Manager LP acquired a new stake in GigaCloud Technology during the second quarter worth approximately $334,000. Integrated Wealth Concepts LLC acquired a new position in GigaCloud Technology in the 2nd quarter valued at $30,000. Squarepoint Ops LLC lifted its stake in shares of GigaCloud Technology by 341.5% during the 2nd quarter. Squarepoint Ops LLC now owns 41,673 shares of the company’s stock worth $1,317,000 after purchasing an additional 32,234 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in shares of GigaCloud Technology during the 2nd quarter worth $766,000. Finally, Globeflex Capital L P acquired a new stake in shares of GigaCloud Technology during the second quarter worth $1,561,000. Hedge funds and other institutional investors own 34.94% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of GigaCloud Technology in a research note on Friday, September 4th. Two analysts have rated the stock with a Hold rating, According to MarketBeat.com, GigaCloud Technology currently has a consensus rating of “Hold”.

Check Out Our Latest Stock Report on GCT

GigaCloud Technology Company Profile

(Get Free Report)

GigaCloud Technology Inc operates a business-to-business e-commerce platform focused on large-parcel merchandise. Its GigaCloud Marketplace connects manufacturers, primarily in Asia, with resellers and retailers in North America, Europe and other markets. The platform is designed for products such as furniture, appliances, fitness equipment and other bulky consumer goods that can be more complex to ship and sell through traditional e-commerce channels.

In addition to facilitating transactions, GigaCloud provides integrated services intended to support the order lifecycle, including payments, warehousing, international freight, delivery coordination and last-mile logistics.