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

Posted by Don Miller on Mar 20th, 2026

GigaCloud Technology Inc. (NASDAQ:GCT – Get Free Report) CEO Lei Wu sold 30,000 shares of the company’s stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $43.21, for a total value of $1,296,300.00. Following the completion of the transaction, the chief executive officer owned 120,000 shares in the company, valued at $5,185,200. This represents a 20.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

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

On Monday, March 16th, Lei Wu sold 30,000 shares of GigaCloud Technology stock. The shares were sold at an average price of $42.39, for a total value of $1,271,700.00.
On Friday, March 13th, Lei Wu sold 30,000 shares of GigaCloud Technology stock. The stock was sold at an average price of $41.36, for a total value of $1,240,800.00.
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 shares were 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 shares were 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 stock was 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 stock was 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 shares were sold at an average price of $42.83, for a total transaction 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 transaction of $2,614,200.00.
On Thursday, February 26th, Lei Wu sold 70,000 shares of GigaCloud Technology stock. The stock was sold at an average price of $45.28, for a total transaction of $3,169,600.00.

GigaCloud Technology Stock Performance

Shares of NASDAQ:GCT opened at $42.74 on Friday. The firm has a market capitalization of $1.58 billion, a PE ratio of 11.81 and a beta of 2.24. GigaCloud Technology Inc. has a 52-week low of $11.17 and a 52-week high of $48.00. The firm has a fifty day moving average of $40.19 and a 200 day moving average of $35.27.

GigaCloud Technology (NASDAQ:GCT – Get Free Report) last released its quarterly earnings results on Thursday, February 26th. The company reported $1.16 earnings per share for the quarter, beating analysts’ consensus estimates 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 the consensus estimate of $332.33 million. During the same quarter last year, the business posted $0.76 earnings per share. The company’s revenue for the quarter was up 22.6% on a year-over-year basis. On average, sell-side analysts forecast that GigaCloud Technology Inc. will post 3.1 EPS for the current fiscal year.

Analyst Ratings Changes

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

Check Out Our Latest Analysis on GCT

Institutional Investors Weigh In On GigaCloud Technology

Several hedge funds have recently added to or reduced their stakes in the stock. LSV Asset Management boosted its stake in 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 purchasing an additional 656,900 shares in the last quarter. Arrowstreet Capital Limited Partnership bought a new position in GigaCloud Technology during the third quarter valued at approximately $14,335,000. UBS Group AG boosted its stake in shares of GigaCloud Technology by 133.8% in the 3rd quarter. UBS Group AG now owns 441,992 shares of the company’s stock worth $12,553,000 after buying an additional 252,934 shares during the last quarter. JPMorgan Chase & Co. boosted its position in GigaCloud Technology by 67.7% in the second quarter. JPMorgan Chase & Co. now owns 339,885 shares of the company’s stock worth $6,723,000 after purchasing an additional 137,201 shares during the last quarter. Finally, Dimensional Fund Advisors LP purchased a new position in shares of GigaCloud Technology in the fourth quarter worth approximately $5,266,000. 34.94% of the stock is owned by institutional investors.

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.