Lei Wu Sells 30,000 Shares of GigaCloud Technology (NASDAQ:GCT) Stock

Posted by Defense World Staff on Mar 18th, 2026

GigaCloud Technology Inc. (NASDAQ:GCT – Get Free Report) CEO Lei Wu sold 30,000 shares of the firm’s stock in a transaction dated Friday, March 13th. The shares were sold at an average price of $41.36, for a total transaction of $1,240,800.00. Following the completion of the transaction, the chief executive officer directly owned 210,000 shares in the company, valued at approximately $8,685,600. This represents a 12.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

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

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 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 stock was 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 value of $1,284,900.00.
On Friday, February 27th, Lei Wu sold 60,000 shares of GigaCloud Technology stock. The stock was sold at an average price of $43.57, for a total value of $2,614,200.00.
On Thursday, February 26th, Lei Wu sold 70,000 shares of GigaCloud Technology stock. The shares were sold at an average price of $45.28, for a total value of $3,169,600.00.
On Thursday, January 22nd, Lei Wu sold 20,000 shares of GigaCloud Technology stock. The shares were sold at an average price of $40.78, for a total value of $815,600.00.
On Wednesday, January 21st, Lei Wu sold 210 shares of GigaCloud Technology stock. The stock was sold at an average price of $40.26, for a total value of $8,454.60.

GigaCloud Technology Stock Up 1.7%

Shares of GCT stock opened at $43.04 on Wednesday. GigaCloud Technology Inc. has a twelve month low of $11.17 and a twelve month high of $48.00. The company has a market cap of $1.60 billion, a P/E ratio of 11.89 and a beta of 2.24. The business has a fifty day simple moving average of $40.16 and a 200 day simple moving average of $35.16.

GigaCloud Technology (NASDAQ:GCT – Get Free Report) last released its quarterly earnings data on Thursday, February 26th. The company reported $1.16 earnings per share 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 analyst estimates of $332.33 million. During the same period last year, the firm posted $0.76 earnings per share. GigaCloud Technology’s revenue was up 22.6% compared to the same quarter last year. As a group, equities research analysts anticipate that GigaCloud Technology Inc. will post 3.1 earnings per share for the current fiscal year.

More GigaCloud Technology News

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

Positive Sentiment: Zacks added GCT to multiple Rank #1 (Strong Buy) lists (momentum, new strong-buy, and value), increasing short-term buy interest and visibility among momentum/value investors. Read More. • Read More. • Read More.
Positive Sentiment: Positive analyst commentary and investor write-ups highlight strong revenue growth, earnings beat and buyback/upgrade narrative that supports continued demand for the stock. Read More.
Neutral Sentiment: Management will hold one-on-one investor meetings at the Roth Conference next week (CFO Erica Wei), increasing the chance for refreshed guidance or investor Q&A but not a guaranteed catalyst. Read More.
Neutral Sentiment: Market commentary notes GigaCloud’s strong Feb. earnings (revenue and EPS beat) and buy-side interest, but the consensus target shown on some data pages remains below the current price — a reminder analysts’ targets vary. Read More.
Negative Sentiment: Significant insider selling: CEO Lei Wu has sold multiple large blocks of shares in March (including 30,000-share transactions disclosed this week), reducing his stake materially — a negative signal that may pressure sentiment despite company fundamentals. Read More. • Read More.

Analyst Upgrades and Downgrades

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

Read Our Latest Analysis on GCT

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of GCT. Vanguard Group Inc. raised its position in GigaCloud Technology by 18.2% during the 3rd quarter. Vanguard Group Inc. now owns 803,664 shares of the company’s stock valued at $22,824,000 after purchasing an additional 123,596 shares during the last quarter. LSV Asset Management grew its position in shares of GigaCloud Technology by 824.2% in the 4th quarter. LSV Asset Management now owns 736,600 shares of the company’s stock worth $28,934,000 after buying an additional 656,900 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of GigaCloud Technology by 9.1% during the second quarter. Geode Capital Management LLC now owns 630,805 shares of the company’s stock valued at $12,479,000 after buying an additional 52,415 shares during the period. State Street Corp increased its stake in shares of GigaCloud Technology by 1.8% during the fourth quarter. State Street Corp now owns 566,091 shares of the company’s stock valued at $22,236,000 after buying an additional 9,765 shares during the period. Finally, Nuveen LLC raised its holdings in shares of GigaCloud Technology by 32.2% during the fourth quarter. Nuveen LLC now owns 542,454 shares of the company’s stock valued at $21,308,000 after acquiring an additional 132,107 shares in the last quarter. Hedge funds and other institutional investors 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.