In last trading session, GigaCloud Technology Inc (NASDAQ:GCT) saw 1.0 million shares changing hands with its beta currently measuring 2.41. Company’s recent per share price level of $18.21 trading at -$0.54 or -2.88% at ring of the bell on the day assigns it a market valuation of $631.91M. That closing price of GCT’s stock is at a discount of -112.41% from its 52-week high price of $38.68 and is indicating a premium of 38.66% from its 52-week low price of $11.17.
GigaCloud Technology Inc (NASDAQ:GCT) trade information
Upright in the red during last session for losing -2.88%, in the last five days GCT remained trading in the green while hitting it’s week-highest on Wednesday, 05/14/25 when the stock touched $18.21 price level, adding 4.11% to its value on the day. GigaCloud Technology Inc’s shares saw a change of -1.67% in year-to-date performance and have moved 22.96% in past 5-day. GigaCloud Technology Inc (NASDAQ:GCT) showed a performance of 47.21% in past 30-days.
Wall Street analysts have assigned a consensus price target of 15 to the stock, which implies a fall of -21.4% to its current value. Analysts have been projecting 15 as a low price target for the stock while placing it at a high target of 15. It follows that stock’s current price would jump 17.63% in reaching the projected high whereas dropping to the targeted low would mean a gain of 17.63% for stock’s current value.
GigaCloud Technology Inc (NASDAQ:GCT)’s Major holders
BLACKROCK INC. is the top institutional holder at GCT for having 1.2 million shares of worth $36.64 million. And as of 2024-06-30, it was holding 2.9169 of the company’s outstanding shares.
The second largest institutional holder is SUSQUEHANNA INTERNATIONAL GROUP, LLP, which was holding about 0.83 million shares on 2024-06-30. The number of shares represents firm’s hold over 2.0082 of outstanding shares, having a total worth of $25.23 million.
On the other hand, iShares Trust-iShares Russell 2000 ETF and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Mar 31, 2025, the former fund manager was holding 631.44 shares of worth $11.5 million or 2.11% of the total outstanding shares. The later fund manager was in possession of 412.59 shares on Dec 31, 2024, making its stake of worth around $7.51 million in the company or a holder of 1.38% of company’s stock.
