3 TSX Growth Stocks With Insider Ownership Up To 22%

Amid ongoing trade uncertainty and inflation concerns, the Canadian market faces potential stagnation due to newly announced tariffs. As investors navigate this volatility, growth companies with strong insider ownership can offer stability and confidence, making them attractive options in a turbulent economic landscape.

Top 10 Growth Companies With High Insider Ownership In Canada

Click here to see the full list of 37 stocks from our Fast Growing TSX Companies With High Insider Ownership screener.

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

Canfor (TSX:CFP)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Canfor Corporation is an integrated forest products company with operations in the United States, Asia, Canada, Europe, and internationally, and has a market cap of CA$17.50 billion.

Operations: The company's revenue is primarily derived from its Lumber segment at CA$4.58 billion and its Pulp & Paper segment at CA$798.60 million.

Insider Ownership: 22.5%

Canfor has seen substantial insider buying over the past three months, indicating confidence in its growth prospects. The company is trading at a good value compared to peers and analysts expect the stock price to rise by 28.7%. While revenue is forecasted to grow at 5.9% annually, which exceeds the Canadian market average, it's expected to become profitable within three years. Recent announcements of a share repurchase program further highlight management's commitment to enhancing shareholder value despite current losses.

• Delve into the full analysis future growth report here for a deeper understanding of Canfor.
• The valuation report we've compiled suggests that Canfor's current price could be quite moderate.

Savaria (TSX:SIS)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Savaria Corporation offers accessibility solutions for the elderly and physically challenged across Canada, the United States, Europe, and internationally, with a market cap of CA$1.16 billion.

Operations: The company's revenue is derived from two primary segments: Patient Care, contributing CA$193.88 million, and Accessibility (including Adapted Vehicles), generating CA$673.88 million.

Insider Ownership: 17.3%

Savaria has experienced substantial insider buying recently, reflecting confidence in its growth trajectory. The company is trading at 47.2% below estimated fair value, with analysts anticipating a 47.8% stock price increase. Earnings are projected to grow significantly at 22.4% annually, outpacing the Canadian market's average growth rate. Despite large one-off items affecting earnings quality, Savaria maintains a reliable dividend of C$0.045 per share monthly and forecasts revenue growth of 5-8% for fiscal 2025.

• Get an in-depth perspective on Savaria's performance by reading our analyst estimates report here.
• Insights from our recent valuation report point to the potential undervaluation of Savaria shares in the market.

VersaBank (TSX:VBNK)

Simply Wall St Growth Rating: ★★★★★☆

Overview: VersaBank offers a range of banking products and services in Canada and the United States, with a market capitalization of CA$459.17 million.

Operations: The company's revenue is primarily derived from Digital Banking Canada, which accounts for CA$98.06 million, supplemented by CA$9.71 million from DRTC's cybersecurity services and financial technology development.

Insider Ownership: 10.7%

VersaBank has seen substantial insider buying recently, indicating confidence in its growth prospects. The company is trading at 49.2% below estimated fair value, with earnings projected to grow significantly at 55.1% annually, surpassing the Canadian market's average growth rate. Revenue is expected to grow by 32.4% per year, outpacing the broader market's forecasted growth of 4.9%. Despite recent earnings declines, VersaBank maintains a quarterly dividend of C$0.025 per share.

• Dive into the specifics of VersaBank here with our thorough growth forecast report.
• In light of our recent valuation report, it seems possible that VersaBank is trading behind its estimated value.

Turning Ideas Into Actions

• Get an in-depth perspective on all 37 Fast Growing TSX Companies With High Insider Ownership by using our screener here.
• Interested In Other Possibilities? Uncover the next big thing with financially sound penny stocks that balance risk and reward.

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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