Stock Analysis

ASX Growth Companies With High Insider Ownership

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The ASX200 is set to gain just over a third of a percent (.37%) following the pullback in US Consumer Price Index inflation, which has sparked optimism on Wall Street. Amidst this backdrop of economic fluctuations and corporate earnings reports, identifying growth companies with high insider ownership can provide valuable insights for investors looking to navigate the current market conditions.

Top 10 Growth Companies With High Insider Ownership In Australia

NameInsider OwnershipEarnings Growth
Hartshead Resources (ASX:HHR)13.9%102.6%
Cettire (ASX:CTT)28.7%26.7%
Acrux (ASX:ACR)14.6%115.6%
Clinuvel Pharmaceuticals (ASX:CUV)13.6%26.8%
Liontown Resources (ASX:LTR)16.4%69.7%
Catalyst Metals (ASX:CYL)17.5%75.7%
Hillgrove Resources (ASX:HGO)10.4%49.4%
Adveritas (ASX:AV1)21.1%103.9%
Plenti Group (ASX:PLT)12.8%106.4%
Change Financial (ASX:CCA)26.6%77.9%

Click here to see the full list of 91 stocks from our Fast Growing ASX Companies With High Insider Ownership screener.

Let's review some notable picks from our screened stocks.

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$3.41 billion.

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

Insider Ownership: 31.5%

Revenue Growth Forecast: 13.7% p.a.

Pinnacle Investment Management Group has demonstrated solid growth with earnings increasing by 18.1% over the past year, reaching A$90.35 million for the full year ended June 30, 2024. Forecasts indicate earnings will grow faster than the Australian market at 14.4% per year, although revenue growth is expected to be slower at 13.7%. Recent insider activity shows no substantial buying but significant selling in the past three months. The company also announced a dividend increase and appointed Christina Lenard as Director effective August 2, 2024.

ASX:PNI Ownership Breakdown as at Aug 2024

Technology One (ASX:TNE)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Technology One Limited develops, markets, sells, implements, and supports integrated enterprise business software solutions in Australia and internationally with a market cap of A$7.15 billion.

Operations: The company's revenue segments are comprised of Software (A$317.24 million), Corporate (A$83.83 million), and Consulting (A$68.13 million).

Insider Ownership: 12.3%

Revenue Growth Forecast: 11.5% p.a.

Technology One has shown consistent growth, with half-year revenue reaching A$240.83 million and net income at A$48 million. Earnings per share increased to A$0.1475 from A$0.1273 a year ago. Revenue is forecast to grow 11.5% annually, outpacing the Australian market's 5%. The recent appointment of Paul Robson as Non-Executive Director brings valuable SaaS expertise, aligning with the company's strategic goals for global expansion and innovation in cloud solutions.

ASX:TNE Ownership Breakdown as at Aug 2024

Temple & Webster Group (ASX:TPW)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Temple & Webster Group Ltd (ASX:TPW) operates as an online retailer of furniture, homewares, and home improvement products in Australia with a market cap of A$1.43 billion.

Operations: Revenue segments for Temple & Webster Group Ltd encompass the online retail of furniture, homewares, and home improvement products in Australia.

Insider Ownership: 12.9%

Revenue Growth Forecast: 17.8% p.a.

Temple & Webster Group's revenue is forecast to grow 17.8% annually, outpacing the Australian market's 5%, with earnings expected to rise significantly at 46.8% per year. Despite a recent dip in profit margins from 2.1% to 0.4%, the company is implementing a share buyback program worth A$30 million, aimed at effective capital management and funding growth opportunities. The appointment of Cameron Barnsley as CFO brings substantial financial expertise, particularly in technology and ecommerce sectors.

ASX:TPW Earnings and Revenue Growth as at Aug 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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