Stock Analysis

ASX Growth Companies With High Insider Ownership

ASX:RUL
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The Australian market has been relatively flat, with the ASX200 set to trade unchanged for a second consecutive day and European markets showing little movement. In such steady conditions, investors often look for growth companies with high insider ownership as these stocks can indicate strong confidence from those closest to the business.

Top 10 Growth Companies With High Insider Ownership In Australia

NameInsider OwnershipEarnings Growth
Hartshead Resources (ASX:HHR)13.9%102.6%
Clinuvel Pharmaceuticals (ASX:CUV)13.6%27.4%
Catalyst Metals (ASX:CYL)17.5%61.8%
AVA Risk Group (ASX:AVA)15.6%118.8%
Acrux (ASX:ACR)14.6%129.6%
Liontown Resources (ASX:LTR)16.4%69.7%
Hillgrove Resources (ASX:HGO)10.4%69.2%
Adveritas (ASX:AV1)21.1%144.2%
Plenti Group (ASX:PLT)12.8%106.4%
Change Financial (ASX:CCA)26.6%77.1%

Click here to see the full list of 92 stocks from our Fast Growing ASX Companies With High Insider Ownership screener.

We'll examine a selection from our screener results.

Flight Centre Travel Group (ASX:FLT)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Flight Centre Travel Group Limited (ASX:FLT) provides travel retailing services for both leisure and corporate sectors across various regions globally, with a market cap of A$4.73 billion.

Operations: The company generates revenue from two main segments: A$1.35 billion from leisure travel services and A$1.11 billion from corporate travel services.

Insider Ownership: 13.5%

Earnings Growth Forecast: 19.7% p.a.

Flight Centre Travel Group (ASX:FLT) demonstrates strong growth potential, supported by high insider ownership. Recently, the company reported a significant rise in net income to A$139 million from A$47 million last year and announced plans for acquisitions to double its Cruise & Touring sales. Despite an unstable dividend track record, FLT's earnings are forecasted to grow at 19.72% annually, outpacing the Australian market's average growth rate of 12.3%.

ASX:FLT Ownership Breakdown as at Sep 2024
ASX:FLT Ownership Breakdown as at Sep 2024

Nanosonics (ASX:NAN)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Nanosonics Limited is a global infection prevention company with a market cap of A$960.50 million.

Operations: Nanosonics generates revenue primarily from its Healthcare Equipment segment, which totals A$170.01 million.

Insider Ownership: 15.1%

Earnings Growth Forecast: 23.2% p.a.

Nanosonics demonstrates growth potential with high insider ownership, although recent earnings results show a mixed picture. The company reported sales of A$170.01 million for the year ended June 30, 2024, up from A$165.99 million last year, but net income decreased to A$12.97 million from A$19.88 million. Despite this decline in profit margins and significant insider selling over the past three months, earnings are forecasted to grow significantly at 23.15% annually over the next three years.

ASX:NAN Ownership Breakdown as at Sep 2024
ASX:NAN Ownership Breakdown as at Sep 2024

RPMGlobal Holdings (ASX:RUL)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: RPMGlobal Holdings Limited develops and provides mining software solutions across Australia, Asia, the Americas, Africa, and Europe with a market cap of A$575.89 million.

Operations: RPMGlobal Holdings Limited generates revenue from two main segments: Advisory (A$31.41 million) and Software (A$72.67 million).

Insider Ownership: 10.6%

Earnings Growth Forecast: 22.6% p.a.

RPMGlobal Holdings showcases strong growth potential with substantial insider ownership. The company reported significant revenue growth to A$104.19 million for the year ended June 30, 2024, up from A$91.56 million last year, and net income more than doubled to A$8.66 million from A$3.69 million. Earnings are forecasted to grow significantly at 22.62% annually over the next three years, outpacing the Australian market's average growth rate of 12.3% per year.

ASX:RUL Earnings and Revenue Growth as at Sep 2024
ASX:RUL Earnings and Revenue Growth as at Sep 2024

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.The analysis only considers stock directly held by insiders. It does not include indirectly owned stock through other vehicles such as corporate and/or trust entities. All forecast revenue and earnings growth rates quoted are in terms of annualised (per annum) growth rates over 1-3 years.

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