ASX Growth Companies With High Insider Ownership October 2024

Amidst a slight downturn in the ASX200, which has been influenced by hotter-than-expected US inflation data, certain sectors like Energy have shown resilience with modest gains. In this fluctuating market environment, growth companies with high insider ownership can be particularly appealing as they often reflect strong confidence from those closest to the business, potentially aligning their interests with shareholders.

Top 10 Growth Companies With High Insider Ownership In Australia

Name	Insider Ownership	Earnings Growth
Clinuvel Pharmaceuticals (ASX:CUV)	10.4%	27.4%
Genmin (ASX:GEN)	12%	117.7%
Catalyst Metals (ASX:CYL)	17%	49.1%
Hillgrove Resources (ASX:HGO)	10.4%	71.5%
AVA Risk Group (ASX:AVA)	15.7%	118.8%
Pointerra (ASX:3DP)	20.1%	126.4%
Liontown Resources (ASX:LTR)	14.7%	61%
Acrux (ASX:ACR)	17.4%	91.6%
Adveritas (ASX:AV1)	21.1%	144.2%
Plenti Group (ASX:PLT)	12.8%	106.4%

Click here to see the full list of 99 stocks from our Fast Growing ASX Companies With High Insider Ownership screener.

Let's take a closer look at a couple of our picks from the screened companies.

Alpha HPA (ASX:A4N)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Alpha HPA Limited is a specialty metals and technology company with a market capitalization of A$1.25 billion.

Operations: The company's revenue is primarily derived from its HPA First Project, generating A$0.04 million.

Insider Ownership: 12.6%

Alpha HPA is experiencing rapid revenue growth, projected at over 100% annually, significantly outpacing the Australian market. Despite current low revenues (A$44K) and a net loss of A$24.98 million for the year ending June 2024, profitability is anticipated within three years. However, shareholder dilution has occurred recently and return on equity is forecasted to remain low at 4.3%. No substantial insider trading activity was reported in the past three months.

• Navigate through the intricacies of Alpha HPA with our comprehensive analyst estimates report here.
• According our valuation report, there's an indication that Alpha HPA's share price might be on the expensive side.

Aussie Broadband (ASX:ABB)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Aussie Broadband Limited offers telecommunications and technology services in Australia, with a market cap of A$1.13 billion.

Operations: The company's revenue is segmented into Business (A$96.97 million), Wholesale (A$159.73 million), Residential (A$585.07 million), Symbio Group (A$69.93 million), and Enterprise and Government (A$88.04 million).

Insider Ownership: 10.9%

Aussie Broadband is experiencing strong growth, with revenue reaching A$999.75 million and net income at A$26.38 million for fiscal year 2024. Earnings are projected to grow significantly by 27.3% annually, outpacing the Australian market's forecasted growth of 12.2%. Despite recent shareholder dilution and a relatively low return on equity forecast of 11.4%, the company trades below estimated fair value, indicating potential investment appeal amidst stable insider ownership and strategic leadership changes.

• Dive into the specifics of Aussie Broadband here with our thorough growth forecast report.
• The analysis detailed in our Aussie Broadband valuation report hints at an inflated share price compared to its estimated value.

Pinnacle Investment Management Group (ASX:PNI)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Pinnacle Investment Management Group Limited is an Australian investment management company with a market cap of A$3.78 billion.

Operations: Pinnacle generates revenue primarily from its Funds Management Operations, which amounted to A$48.99 million.

Insider Ownership: 31.5%

Pinnacle Investment Management Group demonstrates robust growth potential, with earnings projected to increase at 14.4% annually, surpassing the Australian market's 12.2% forecast. Revenue is also expected to grow faster than the market at 13.6%. Recent financial results show net income rising to A$90.35 million from A$76.47 million last year, alongside a dividend increase and new board appointment of Christina Lenard, reflecting strategic adjustments and stable insider ownership dynamics.

• Take a closer look at Pinnacle Investment Management Group's potential here in our earnings growth report.
• Insights from our recent valuation report point to the potential overvaluation of Pinnacle Investment Management Group shares in the market.

Make It Happen

• Explore the 99 names from our Fast Growing ASX Companies With High Insider Ownership screener here.
• Got skin in the game with these stocks? Elevate how you manage them by using Simply Wall St's portfolio, where intuitive tools await to help optimize your investment outcomes.
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Searching for a Fresh Perspective?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
• Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence.
• Find companies with promising cash flow potential yet trading below their fair value.

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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