ASX Growth Companies With High Insider Ownership September 2024

The Australian stock market has been experiencing significant activity, with the ASX200 reaching an all-time high of 8,186 points before stabilizing slightly lower. Amidst this backdrop of economic adjustments and sectoral shifts, identifying growth companies with high insider ownership can provide valuable insights into potential investment opportunities.

Top 10 Growth Companies With High Insider Ownership In Australia

Name	Insider Ownership	Earnings Growth
Clinuvel Pharmaceuticals (ASX:CUV)	10.4%	27.4%
Catalyst Metals (ASX:CYL)	17%	54.5%
AVA Risk Group (ASX:AVA)	15.7%	118.8%
Genmin (ASX:GEN)	12%	117.7%
Hillgrove Resources (ASX:HGO)	10.4%	70.9%
Pointerra (ASX:3DP)	18.7%	126.4%
Liontown Resources (ASX:LTR)	16.4%	69.4%
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 98 stocks from our Fast Growing ASX Companies With High Insider Ownership screener.

We'll examine a selection from our screener results.

Capricorn Metals (ASX:CMM)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Capricorn Metals Ltd is an Australian company involved in the evaluation, exploration, development, and production of gold properties with a market cap of A$2.34 billion.

Operations: Capricorn Metals Ltd generates revenue primarily from its Karlawinda gold property, amounting to A$359.73 million.

Insider Ownership: 11.9%

Capricorn Metals has demonstrated impressive growth, with earnings surging to A$87.14 million for the year ending June 30, 2024, compared to A$4.4 million a year ago. The company’s Karlawinda Gold Project expansion study indicates significant potential for increased production capacity. Insider ownership remains high, aligning management's interests with shareholders'. Revenue and earnings are forecast to grow faster than the Australian market at 18.6% and 19.9% per year respectively, though not exceeding 20%.

• Navigate through the intricacies of Capricorn Metals with our comprehensive analyst estimates report here.
• Our valuation report unveils the possibility Capricorn Metals' shares may be trading at a premium.

Mineral Resources (ASX:MIN)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Mineral Resources Limited, with a market cap of A$7.23 billion, operates as a mining services company in Australia, Asia, and internationally through its subsidiaries.

Operations: Revenue segments for Mineral Resources Limited include Energy (A$16 million), Lithium (A$1.41 billion), Iron Ore (A$2.58 billion), and Mining Services (A$3.38 billion).

Insider Ownership: 11.7%

Mineral Resources Limited reported full-year sales of A$5.28 billion, up from A$4.78 billion last year, though net income dropped to A$125 million from A$243 million. Despite lower profit margins and earnings per share compared to the previous year, the company is forecasted to grow its earnings at 38.7% annually, outpacing the Australian market's 12.3%. Insider buying has been more frequent than selling recently, indicating confidence in future growth prospects despite challenges in covering interest payments with current earnings.

• Click to explore a detailed breakdown of our findings in Mineral Resources' earnings growth report.
• Upon reviewing our latest valuation report, Mineral Resources' share price might be too optimistic.

Technology One (ASX:TNE)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Technology One Limited develops, markets, sells, implements, and supports integrated enterprise business software solutions in Australia and internationally with a market cap of A$7.67 billion.

Operations: The company's revenue segments are composed of Software (A$317.24 million), Corporate (A$83.83 million), and Consulting (A$68.13 million).

Insider Ownership: 12.3%

Technology One Limited, a growth company with high insider ownership, recently appointed Paul Robson as an independent Non-Executive Director, enhancing its strategic and operational capabilities. The company's revenue is forecast to grow at 11.5% per year, outpacing the Australian market's 5.3%. Earnings are expected to increase by 14.79% annually, also surpassing the market average of 12.3%. Despite no significant recent insider trading activity, Technology One maintains strong growth prospects with high forecasted return on equity at 32.6%.

• Get an in-depth perspective on Technology One's performance by reading our analyst estimates report here.
• Insights from our recent valuation report point to the potential overvaluation of Technology One shares in the market.

Turning Ideas Into Actions

• Take a closer look at our Fast Growing ASX Companies With High Insider Ownership list of 98 companies by clicking here.
• Have a stake in these businesses? Integrate your holdings into Simply Wall St's portfolio for notifications and detailed stock reports.
• Simply Wall St is a revolutionary app designed for long-term stock investors, it's free and covers every market in the world.

Seeking Other Investments?

• 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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com