Stock Analysis

3 ASX Growth Stocks With Up To 16% Insider Ownership

The ASX200 has recently hit a new record high, buoyed by significant gains in the mining sector and strong performances across ten out of eleven sectors. In this thriving market environment, growth companies with substantial insider ownership can offer unique insights into potential future performance.

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%81.1%
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 take a closer look at a couple of our picks from the screened companies.

Liontown Resources (ASX:LTR)

Simply Wall St Growth Rating: ★★★★★★

Overview: Liontown Resources Limited (ASX:LTR) focuses on the exploration, evaluation, and development of mineral properties in Australia, with a market cap of A$1.90 billion.

Operations: Liontown Resources Limited's revenue segments primarily involve the exploration, evaluation, and development of mineral properties in Australia.

Insider Ownership: 16.4%

Liontown Resources, a growth company with high insider ownership in Australia, is forecast to grow revenue by 39.2% per year, significantly outpacing the market. Recent strategic partnerships with LG Energy Solution and substantial funding of A$379 million bolster its Kathleen Valley lithium project. Despite reporting a net loss of A$64.92 million for FY2024, Liontown's projected profitability within three years and strong corporate governance improvements highlight its potential for long-term value creation.

ASX:LTR Earnings and Revenue Growth as at Sep 2024

Mineral Resources (ASX:MIN)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Mineral Resources Limited, with a market cap of A$9.58 billion, operates as a mining services company in Australia, Asia, and internationally through its subsidiaries.

Operations: Mineral Resources Limited generates revenue from several segments, including 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%

Mineral Resources, with high insider ownership, is forecast to grow earnings significantly at 38.3% per year, outpacing the Australian market. Despite a decline in net income from A$243 million to A$125 million for FY2024 and lower profit margins compared to last year, the company trades at 48.4% below its estimated fair value. Revenue growth of 7.1% per year is expected to surpass the market average of 5.5%. Recent insider buying suggests confidence in future prospects.

ASX:MIN Earnings and Revenue Growth as at Sep 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$1.71 billion.

Operations: SiteMinder's revenue primarily comes from its software and programming segment, which generated A$190.84 million.

Insider Ownership: 11.2%

SiteMinder reported a significant revenue increase to A$190.67 million for FY2024, up from A$151.38 million the previous year, while reducing its net loss from A$49.3 million to A$25.13 million. Earnings are forecast to grow 60.31% annually, with revenue expected to outpace the Australian market at 19.4% per year and anticipated profitability within three years. The stock trades at 15.9% below its estimated fair value, reflecting strong growth potential despite current losses.

ASX:SDR Ownership Breakdown as at Sep 2024

Key Takeaways

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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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