Stock Analysis

Three ASX Growth Stocks With High Insider Ownership

ASX:A4N
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The Australian market is poised for a positive day, buoyed by gains in commodities and a recovery on Wall Street despite ongoing inflation concerns. In such an environment, identifying growth companies with high insider ownership can offer unique insights into potential investment opportunities, as these stocks often reflect strong internal confidence and alignment with shareholder interests.

Top 10 Growth Companies With High Insider Ownership In Australia

NameInsider OwnershipEarnings Growth
Hartshead Resources (ASX:HHR)13.9%102.6%
Clinuvel Pharmaceuticals (ASX:CUV)13.6%27.4%
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.

Alpha HPA (ASX:A4N)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Alpha HPA Limited, with a market cap of A$1.02 billion, operates as a specialty metals and technology company.

Operations: The company's revenue segments include the HPA First Project, which generated A$0.04 million.

Insider Ownership: 17.3%

Earnings Growth Forecast: 44.7% p.a.

Alpha HPA is positioned for substantial growth with forecasted revenue increases of 96.8% per year, significantly outpacing the Australian market's 5.3% growth rate. Despite a net loss of A$24.98 million for the year ending June 2024, insider ownership remains high, indicating confidence in future profitability within three years. However, shareholders have faced dilution recently and current revenues are minimal at A$44K annually.

ASX:A4N Ownership Breakdown as at Sep 2024
ASX:A4N Ownership Breakdown as at Sep 2024

Aussie Broadband (ASX:ABB)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Aussie Broadband Limited (ASX:ABB) provides telecommunications and technology services in Australia, with a market cap of A$1.13 billion.

Operations: Aussie Broadband Limited's revenue segments include Business (A$96.97 million), Wholesale (A$159.73 million), Residential (A$585.07 million), Symbio Group (A$69.93 million), and Enterprise and Government (A$88.04 million).

Insider Ownership: 10.8%

Earnings Growth Forecast: 27.3% p.a.

Aussie Broadband is experiencing robust earnings growth, with a 21.5% increase over the past year and forecasted annual profit growth of 27.3%, outpacing the Australian market's 12.2%. Despite recent shareholder dilution and an expected low return on equity (11.4%) in three years, insider ownership remains high, reflecting confidence in future performance. Recent executive changes include John Reisinger's retirement and Andy Giles Knopp's appointment as Group CFO, enhancing strategic leadership amidst strong financial results for FY2024.

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

Mineral Resources (ASX:MIN)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Mineral Resources Limited, with a market cap of A$5.91 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), Mining Services (A$3.38 billion), and Other Commodities (A$19 million).

Insider Ownership: 11.7%

Earnings Growth Forecast: 40.3% p.a.

Mineral Resources is trading at 62.3% below its estimated fair value and has seen more insider buying than selling over the past three months, though not in substantial volumes. The company’s earnings are forecast to grow significantly at 40.28% per year, outpacing the Australian market's 12.2%. Despite high-quality non-cash earnings and a projected high return on equity (20.8%), profit margins have declined from 5.1% to 2.4%. Recent earnings reported sales of A$5.28 billion and net income of A$125 million, down from A$243 million last year, with diluted EPS dropping to A$0.6354 from A$1.2625.

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