Stock Analysis

3 ASX Growth Companies With High Insider Ownership

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Amidst the fluctuating performance of the ASX200 and sector-specific movements driven by global conflicts, investors are increasingly looking for resilient growth opportunities. In such a volatile market, companies with high insider ownership often signal strong confidence from those closest to the business, making them compelling candidates for consideration.

Top 10 Growth Companies With High Insider Ownership In Australia

NameInsider OwnershipEarnings Growth
Clinuvel Pharmaceuticals (ASX:CUV)10.4%27.4%
Catalyst Metals (ASX:CYL)17%54.5%
Genmin (ASX:GEN)12%117.7%
Hillgrove Resources (ASX:HGO)10.4%70.9%
AVA Risk Group (ASX:AVA)15.7%118.8%
Pointerra (ASX:3DP)18.7%126.4%
Liontown Resources (ASX:LTR)16.4%49.3%
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 102 stocks from our Fast Growing ASX Companies With High Insider Ownership screener.

Let's explore several standout options from the results in the screener.

Mineral Resources (ASX:MIN)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Mineral Resources Limited, with a market cap of A$10.06 billion, operates as a mining services company in Australia, Asia, and internationally through its subsidiaries.

Operations: The company's revenue segments include Energy (A$16 million), Lithium (A$1.41 billion), Iron Ore (A$2.58 billion), Mining Services (A$3.38 billion), and Other Commodities (A$19 million).

Insider Ownership: 11.7%

Earnings Growth Forecast: 38.3% p.a.

Mineral Resources Limited demonstrates a mixed picture for growth companies with high insider ownership. Despite a forecasted earnings growth of 38.3% per year, profit margins have declined from 5.1% to 2.4%. Revenue is expected to grow at 7.1% annually, faster than the Australian market's average of 5.5%. Insiders have shown confidence by buying more shares than selling in the past three months, though not in substantial volumes. Recent earnings reported A$125 million net income, down from A$243 million last year.

ASX:MIN Earnings and Revenue Growth as at Oct 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$659.87 million.

Operations: The company's revenue segments include Advisory at A$31.41 million and Software at A$72.67 million.

Insider Ownership: 10.5%

Earnings Growth Forecast: 22.6% p.a.

RPMGlobal Holdings, a growth company with high insider ownership, has shown significant earnings growth, reporting A$8.66 million in net income for FY2024 compared to A$3.69 million the previous year. Revenue increased to A$104.19 million from A$91.56 million year-on-year. Recently added to the S&P/ASX Small Ordinaries and 300 Indexes, its revenue is forecasted to grow at 10.4% per year, outpacing the Australian market's average of 5.5%.

ASX:RUL Ownership Breakdown as at Oct 2024

SiteMinder (ASX:SDR)

Simply Wall St Growth Rating: ★★★★★☆

Overview: SiteMinder Limited (ASX:SDR) develops, markets, and sells online guest acquisition platforms and commerce solutions for accommodation providers in Australia and internationally, with a market cap of A$1.76 billion.

Operations: SiteMinder generates revenue primarily from its Software & Programming segment, which amounted to A$190.84 million.

Insider Ownership: 11.2%

Earnings Growth Forecast: 60.5% p.a.

SiteMinder reported A$190.67 million in sales for FY2024, up from A$151.38 million the previous year, with a reduced net loss of A$25.13 million compared to A$49.3 million. The company is trading at 13.5% below its estimated fair value and is expected to become profitable within three years, with earnings forecasted to grow 60.52% annually and revenue projected to outpace the Australian market's growth rate of 5.5%.

ASX:SDR Ownership Breakdown as at Oct 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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