Stock Analysis

3 Growth Companies On The ASX With Up To 31% Insider Ownership

ASX:PNI
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In the last week, the Australian market has stayed flat, with notable gains in the Real Estate sector at 3.3%. As the market is up 11% over the past year and earnings are forecast to grow by 12% annually, identifying growth companies with high insider ownership can be a promising strategy for investors looking to capitalize on these trends.

Top 10 Growth Companies With High Insider Ownership In Australia

NameInsider OwnershipEarnings Growth
Clinuvel Pharmaceuticals (ASX:CUV)10.4%27.4%
Emerald Resources (ASX:EMR)18.4%30.1%
Catalyst Metals (ASX:CYL)17%61.8%
AVA Risk Group (ASX:AVA)15.7%118.8%
Pointerra (ASX:3DP)18.7%126.4%
Liontown Resources (ASX:LTR)16.4%69.7%
Acrux (ASX:ACR)14.6%91.6%
Hillgrove Resources (ASX:HGO)10.4%70.5%
Adveritas (ASX:AV1)21.1%144.2%
Plenti Group (ASX:PLT)12.8%106.4%

Click here to see the full list of 96 stocks from our Fast Growing ASX Companies With High Insider Ownership screener.

Underneath we present a selection of stocks filtered out by our screen.

Mineral Resources (ASX:MIN)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Mineral Resources Limited, with a market cap of A$7.41 billion, operates as a mining services company in Australia, Asia, and internationally through its subsidiaries.

Operations: Mineral Resources Limited generates revenue primarily from Mining Services (A$3.38 billion), Iron Ore (A$2.58 billion), Lithium (A$1.41 billion), Energy (A$16 million), and Other Commodities (A$19 million).

Insider Ownership: 11.7%

Mineral Resources Limited shows strong growth potential with insider ownership remaining stable. Despite a dip in net income to A$125 million for FY2024, earnings are forecasted to grow significantly at 38.7% annually over the next three years. Revenue is expected to increase by 7.3% per year, outpacing the Australian market's 5.3%. However, profit margins have declined from 5.1% to 2.4%, and interest payments are not well covered by earnings, indicating some financial challenges ahead.

ASX:MIN Ownership Breakdown as at Sep 2024
ASX:MIN Ownership Breakdown as at Sep 2024

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$3.36 billion.

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

Insider Ownership: 31.5%

Pinnacle Investment Management Group's revenue is forecast to grow at 13.7% per year, faster than the Australian market's 5.3%. Earnings are expected to increase by 14.4% annually, outpacing the market's 12.2%. The company reported a net income rise from A$76.47 million to A$90.35 million for FY2024 and appointed Christina Lenard as Director in August 2024, reflecting strategic leadership changes amidst steady growth prospects and high insider ownership.

ASX:PNI Ownership Breakdown as at Sep 2024
ASX:PNI Ownership Breakdown as at Sep 2024

PolyNovo (ASX:PNV)

Simply Wall St Growth Rating: ★★★★★☆

Overview: PolyNovo Limited designs, manufactures, and sells biodegradable medical devices in the United States, Australia, New Zealand, and internationally with a market cap of A$1.75 billion.

Operations: The company's revenue from the development, manufacturing, and commercialization of the NovoSorb technology is A$103.23 million.

Insider Ownership: 10.3%

PolyNovo's revenue is forecast to grow at 17.5% annually, faster than the Australian market's 5.3%. Earnings are expected to rise by 38.3% per year, significantly outpacing the market's 12.2%. The company reported FY2024 revenue of A$104.76 million and net income of A$5.26 million, marking a turnaround from a loss last year, reflecting strong growth potential and substantial insider ownership amidst strategic expansions like the collaboration with Spectral AI for burn treatments in Australia.

ASX:PNV Earnings and Revenue Growth as at Sep 2024
ASX:PNV Earnings and Revenue Growth as at Sep 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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