3 ASX Growth Stocks With Up To 34% Insider Ownership

The ASX200 has been trading flat at 8,145 points, with recent CPI numbers showing a drop to 2.7% for August—marking the first time in over three years that inflation has fallen within the RBA's target band. In this environment of mixed sector performance and economic adjustments, growth companies with high insider ownership can be particularly appealing as they often signal strong internal confidence and long-term potential.

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%
Genmin (ASX:GEN)	12%	117.7%
AVA Risk Group (ASX:AVA)	15.7%	118.8%
Pointerra (ASX:3DP)	18.7%	126.4%
Liontown Resources (ASX:LTR)	16.4%	69.4%
Hillgrove Resources (ASX:HGO)	10.4%	70.9%
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 100 stocks from our Fast Growing ASX Companies With High Insider Ownership screener.

Here we highlight a subset of our preferred stocks from the screener.

Cettire (ASX:CTT)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Cettire Limited operates as an online luxury goods retailer in Australia, the United States, and internationally, with a market cap of A$900 million.

Operations: Revenue from online retail sales amounts to A$742.26 million.

Insider Ownership: 34.1%

Cettire Limited, a growth company with high insider ownership in Australia, recently appointed Caroline Elliott as an Independent Non-Executive Director. The company reported A$742.26 million in sales for the year ending June 30, 2024, up from A$416.23 million the previous year, though net income decreased to A$10.47 million from A$15.97 million. Despite volatile share prices and lower profit margins this year, Cettire's earnings are forecasted to grow significantly at 29% per year over the next three years and its revenue is expected to outpace the broader Australian market growth rate of 5.4% per year.

• Click to explore a detailed breakdown of our findings in Cettire's earnings growth report.
• Insights from our recent valuation report point to the potential overvaluation of Cettire shares in the market.

Flight Centre Travel Group (ASX:FLT)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Flight Centre Travel Group Limited offers travel retailing services for both leisure and corporate sectors across various regions globally, with a market cap of A$4.82 billion.

Operations: The company's revenue segments include A$1.35 billion from leisure travel services and A$1.11 billion from corporate travel services.

Insider Ownership: 13.5%

Flight Centre Travel Group, with substantial insider ownership, reported strong financial performance for the year ending June 30, 2024. Sales increased to A$2.71 billion from A$2.28 billion, and net income rose to A$139 million from A$47 million. The company is actively seeking acquisitions and investments to double its Cruise & Touring sales while leveraging existing brands showing over 25% growth in this segment annually. Earnings are forecasted to grow at 19.7% per year, outpacing the broader Australian market's growth rate of 12.3%.

• Navigate through the intricacies of Flight Centre Travel Group with our comprehensive analyst estimates report here.
• Our valuation report here indicates Flight Centre Travel Group may be overvalued.

Mineral Resources (ASX:MIN)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Mineral Resources Limited, with a market cap of A$7.64 billion, operates as a mining services company in Australia, Asia, and internationally through its subsidiaries.

Operations: Revenue segments for Mineral Resources Limited include A$16 million from Energy, A$1.41 billion from Lithium, A$2.58 billion from Iron Ore, and A$3.38 billion from Mining Services, with an additional A$19 million derived from Other Commodities.

Insider Ownership: 11.7%

Mineral Resources Limited, a growth company with high insider ownership, reported full-year sales of A$5.28 billion and net income of A$125 million, down from A$243 million last year. Despite lower profit margins and earnings per share, the company's earnings are forecast to grow at 38.3% annually, significantly outpacing the Australian market's 12.3%. Trading at 62.4% below fair value estimates and experiencing modest insider buying recently highlights its potential for future growth despite current financial challenges.

• Delve into the full analysis future growth report here for a deeper understanding of Mineral Resources.
• According our valuation report, there's an indication that Mineral Resources' share price might be on the expensive side.

Next Steps

• Reveal the 100 hidden gems among our Fast Growing ASX Companies With High Insider Ownership screener with a single click here.
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Contemplating Other Strategies?

• 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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