Stock Analysis

3 High Growth TSX Stocks With Significant Insider Ownership

TSX:IVN
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The Canadian market has climbed 1.1% over the last week and an impressive 20% over the past year, with earnings forecast to grow by 15% annually. In this robust environment, stocks with high insider ownership can be particularly appealing as they often signal confidence from those who know the company best.

Top 10 Growth Companies With High Insider Ownership In Canada

NameInsider OwnershipEarnings Growth
Vox Royalty (TSX:VOXR)12.3%70.7%
Allied Gold (TSX:AAUC)21.9%73.5%
Almonty Industries (TSX:AII)17.7%117.6%
goeasy (TSX:GSY)21.2%17.1%
Alvopetro Energy (TSXV:ALV)19.4%72.4%
Amerigo Resources (TSX:ARG)12%36.8%
Propel Holdings (TSX:PRL)40%37.2%
Aritzia (TSX:ATZ)18.9%60.4%
Medicenna Therapeutics (TSX:MDNA)15.4%57.2%
Alpha Cognition (CNSX:ACOG)17%69.5%

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

Below we spotlight a couple of our favorites from our exclusive screener.

Aritzia (TSX:ATZ)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Aritzia Inc., with a market cap of CA$5.59 billion, designs, develops, and sells apparel and accessories for women in the United States and Canada through its subsidiaries.

Operations: Aritzia generates CA$2.37 billion in revenue from its apparel segment.

Insider Ownership: 18.9%

Revenue Growth Forecast: 12.2% p.a.

Aritzia, a growth company with high insider ownership in Canada, is forecast to have significant earnings growth of 60.4% per year over the next three years and revenue growth of 12.2% per year, outpacing the Canadian market. Despite recent insider selling and lower profit margins compared to last year, the company's earnings are expected to grow significantly faster than the market average. Recent Q1 results showed sales of C$498.63 million with net income slightly down at C$15.83 million from last year's C$17.47 million.

TSX:ATZ Ownership Breakdown as at Sep 2024
TSX:ATZ Ownership Breakdown as at Sep 2024

Colliers International Group (TSX:CIGI)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Colliers International Group Inc. offers commercial real estate professional and investment management services to corporate and institutional clients across the Americas, Europe, the Middle East, Africa, and the Asia Pacific with a market cap of CA$10.12 billion.

Operations: The company's revenue segments include $2.59 billion from the Americas, $614.55 million from Asia Pacific, $496.42 million from Investment Management, and $734.93 million from Europe, Middle East & Africa (EMEA).

Insider Ownership: 14.2%

Revenue Growth Forecast: 11% p.a.

Colliers International Group, a Canadian growth company with high insider ownership, reported Q2 2024 earnings of US$36.72 million compared to a net loss last year, with revenue increasing to US$1.14 billion. Despite no substantial insider buying recently and significant insider selling over the past three months, Colliers' earnings are forecast to grow by 20.8% annually, outpacing the Canadian market's 14.9%. The company's revenue is also expected to grow faster than the market at 11% per year.

TSX:CIGI Earnings and Revenue Growth as at Sep 2024
TSX:CIGI Earnings and Revenue Growth as at Sep 2024

Ivanhoe Mines (TSX:IVN)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Ivanhoe Mines Ltd. is involved in the mining, development, and exploration of minerals and precious metals primarily in Africa, with a market cap of CA$25.33 billion.

Operations: The company generates revenue through its mining, development, and exploration activities focused on minerals and precious metals in Africa.

Insider Ownership: 12.3%

Revenue Growth Forecast: 83.5% p.a.

Ivanhoe Mines' high insider ownership aligns with its robust growth prospects, as earnings are forecast to grow 71.5% annually, significantly outpacing the Canadian market's 14.9%. Recent developments include a memorandum of understanding with Zambia’s Ministry of Mines to co-develop mineral projects and record copper production from the Kamoa-Kakula Copper Complex in August. Despite past shareholder dilution, Ivanhoe trades at 17.5% below estimated fair value and is expected to see substantial revenue growth of 83.5% per year.

TSX:IVN Earnings and Revenue Growth as at Sep 2024
TSX:IVN 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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