Globeflex Capital L P Invests $1.56 Million in GigaCloud Technology Inc. $GCT

Posted by George Bondi on Aug 25th, 2026

Globeflex Capital L P bought a new position in shares of GigaCloud Technology Inc. (NASDAQ:GCT – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 49,411 shares of the company’s stock, valued at approximately $1,561,000. Globeflex Capital L P owned about 0.13% of GigaCloud Technology as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Quarry LP acquired a new stake in GigaCloud Technology during the third quarter worth approximately $29,000. Larson Financial Group LLC acquired a new position in shares of GigaCloud Technology in the 3rd quarter valued at $30,000. Caitong International Asset Management Co. Ltd acquired a new position in shares of GigaCloud Technology in the 3rd quarter valued at $30,000. Tower Research Capital LLC TRC grew its position in shares of GigaCloud Technology by 25.6% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,372 shares of the company’s stock valued at $47,000 after buying an additional 483 shares during the last quarter. Finally, Meeder Asset Management Inc. purchased a new position in shares of GigaCloud Technology in the 1st quarter valued at $60,000. 34.94% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CTO Xin Wan sold 60,000 shares of the stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $50.94, for a total transaction of $3,056,400.00. Following the completion of the sale, the chief technology officer owned 657,540 shares in the company, valued at approximately $33,495,087.60. This represents a 8.36% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Marshall Bernes sold 10,000 shares of the firm’s stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $53.00, for a total value of $530,000.00. Following the transaction, the insider directly owned 53,150 shares in the company, valued at approximately $2,816,950. This represents a 15.84% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 75,000 shares of company stock worth $3,845,800. 23.37% of the stock is currently owned by company insiders.

GigaCloud Technology Trading Up 1.7%

GCT stock opened at $50.51 on Tuesday. The company has a market capitalization of $1.80 billion, a P/E ratio of 11.94 and a beta of 1.65. The business has a 50 day simple moving average of $40.30 and a 200-day simple moving average of $40.42. GigaCloud Technology Inc. has a twelve month low of $25.15 and a twelve month high of $56.27.

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 business had revenue of $411.64 million for the quarter, compared to analysts’ expectations of $380.63 million. GigaCloud Technology had a net margin of 10.65% and a return on equity of 31.42%. Research analysts predict that GigaCloud Technology Inc. will post 4.18 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages recently weighed in on GCT. Wall Street Zen cut shares of GigaCloud Technology from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 16th. Zacks Research lowered GigaCloud Technology from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 5th. Finally, Weiss Ratings cut GigaCloud Technology from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, June 8th. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat, the stock presently has a consensus rating of “Hold”.

View Our Latest Analysis on GCT

GigaCloud Technology Company 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.