Stock Analysis

Top Growth Companies With High Insider Ownership For September 2024

BOVESPA:RENT3
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As global markets navigate mixed trading and economic indicators, investors are increasingly focused on finding resilient growth opportunities. In this environment, companies with high insider ownership can signal strong management confidence and alignment with shareholder interests.

Top 10 Growth Companies With High Insider Ownership

NameInsider OwnershipEarnings Growth
Lavvi Empreendimentos Imobiliários (BOVESPA:LAVV3)11.9%20.3%
Atlas Energy Solutions (NYSE:AESI)29.1%42.1%
Clinuvel Pharmaceuticals (ASX:CUV)13.6%27.4%
Medley (TSE:4480)34%30.4%
On Holding (NYSE:ONON)28.4%24.4%
KebNi (OM:KEBNI B)37.8%86.1%
Credo Technology Group Holding (NasdaqGS:CRDO)14.1%95.9%
Calliditas Therapeutics (OM:CALTX)12.7%51.9%
Adocia (ENXTPA:ADOC)11.9%63%
EHang Holdings (NasdaqGM:EH)32.8%81.5%

Click here to see the full list of 1515 stocks from our Fast Growing Companies With High Insider Ownership screener.

Here's a peek at a few of the choices from the screener.

Raia Drogasil (BOVESPA:RADL3)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Raia Drogasil S.A. operates in Brazil, focusing on the retail sale of medicines, personal care and beauty products, cosmetics, dermocosmetics, and specialty medicines with a market cap of R$46.82 billion.

Operations: Revenue from the retail sale of medicines, cosmetics, and hygiene products amounts to R$36.39 billion.

Insider Ownership: 21.2%

Earnings Growth Forecast: 24.3% p.a.

Raia Drogasil's earnings are forecast to grow 24.3% annually, outpacing the Brazilian market's 14.3%. Despite high debt levels, its Return on Equity is expected to reach 26.5% in three years. Recent earnings reports show a mixed picture: Q2 sales rose to BRL 9.69 billion from BRL 8.44 billion, but net income slightly declined from BRL 338.19 million to BRL 326.63 million year-over-year, reflecting challenges despite growth prospects.

BOVESPA:RADL3 Ownership Breakdown as at Sep 2024
BOVESPA:RADL3 Ownership Breakdown as at Sep 2024

Localiza Rent a Car (BOVESPA:RENT3)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Localiza Rent a Car S.A. operates in the car and fleet rental business both in Brazil and internationally, with a market cap of R$44.53 billion.

Operations: Localiza Rent a Car S.A. generates revenue primarily from fleet rental, amounting to R$13.53 billion.

Insider Ownership: 19.1%

Earnings Growth Forecast: 39.2% p.a.

Localiza Rent a Car's earnings are forecast to grow 39.2% annually, surpassing the Brazilian market's 14.3%. Despite high revenue growth (15.7% per year), recent financials show a net loss for Q2 2024 at BRL 569.47 million, up from BRL 88.07 million last year, and its dividend is not well covered by earnings or free cash flows. Additionally, the company's removal from the Brazil Valor BM&FBOVESPA Index indicates potential market challenges ahead.

BOVESPA:RENT3 Ownership Breakdown as at Sep 2024
BOVESPA:RENT3 Ownership Breakdown as at Sep 2024

Ninebot (SHSE:689009)

Simply Wall St Growth Rating: ★★★★★★

Overview: Ninebot Limited designs, develops, produces, sells, and services transportation and robot products globally with a market cap of CN¥33.18 billion.

Operations: Ninebot Limited's revenue segments include the design, research and development, production, sale, and servicing of transportation and robot products globally.

Insider Ownership: 16%

Earnings Growth Forecast: 23.4% p.a.

Ninebot's revenue is forecast to grow 22.4% annually, outpacing the CN market's 13.3%. Earnings are expected to increase significantly over the next three years, with a projected annual growth of 23.38%, exceeding the market average of 23.1%. Recent financials show strong performance, with half-year sales reaching CNY 6.63 billion and net income rising to CNY 595.66 million from CNY 222.41 million last year, indicating robust growth potential despite some large one-off items affecting results.

SHSE:689009 Ownership Breakdown as at Sep 2024
SHSE:689009 Ownership Breakdown as at Sep 2024

Summing It All Up

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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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