Top Growth Companies With Significant Insider Ownership October 2024

As global markets navigate the challenges of rising U.S. Treasury yields and a cautious Federal Reserve outlook, growth stocks have shown resilience, with the tech-heavy Nasdaq Composite Index managing slight gains despite broader market pressures. In this environment, companies with significant insider ownership often attract attention for their potential alignment of interests between management and shareholders, which can be particularly appealing during periods of economic uncertainty.

Top 10 Growth Companies With High Insider Ownership

Name	Insider Ownership	Earnings Growth
Lavvi Empreendimentos Imobiliários (BOVESPA:LAVV3)	11.9%	21.1%
Archean Chemical Industries (NSEI:ACI)	22.9%	34%
Kirloskar Pneumatic (BSE:505283)	30.3%	26%
People & Technology (KOSDAQ:A137400)	16.4%	35.6%
Medley (TSE:4480)	34%	30.4%
Credo Technology Group Holding (NasdaqGS:CRDO)	13.9%	95%
Pharma Mar (BME:PHM)	11.8%	55.1%
Adveritas (ASX:AV1)	21.2%	144.2%
Plenti Group (ASX:PLT)	12.8%	107.6%
EHang Holdings (NasdaqGM:EH)	32.8%	81.4%

Click here to see the full list of 1513 stocks from our Fast Growing Companies With High Insider Ownership screener.

Let's explore several standout options from the results in the screener.

Zhejiang Xiantong Rubber&PlasticLtd (SHSE:603239)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Zhejiang Xiantong Rubber&Plastic Co., Ltd focuses on the R&D, design, production, and sale of automobile parts in China with a market cap of CN¥3.49 billion.

Operations: The company generates revenue of CN¥1.17 billion from its automotive parts segment.

Insider Ownership: 34.5%

Revenue Growth Forecast: 24.3% p.a.

Zhejiang Xiantong Rubber & Plastic Ltd demonstrates strong growth potential with earnings increasing by 38.7% over the past year and revenue rising to CNY 841.51 million for the nine months ended September 2024. The company's earnings are forecasted to grow significantly at 31.5% annually, surpassing market expectations, while maintaining a favorable price-to-earnings ratio of 19.1x compared to the broader CN market's 34.2x, indicating good value despite low dividend coverage by free cash flows.

• Click here and access our complete growth analysis report to understand the dynamics of Zhejiang Xiantong Rubber&PlasticLtd.
• Insights from our recent valuation report point to the potential overvaluation of Zhejiang Xiantong Rubber&PlasticLtd shares in the market.

Zhejiang Fengmao Technology (SZSE:301459)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Zhejiang Fengmao Technology Co., Ltd. specializes in the R&D, manufacturing, and sales of belt-driven systems, fluid pipelines, and rubber sealing systems in China with a market cap of CN¥3.19 billion.

Operations: The company's revenue is primarily derived from its Machinery & Industrial Equipment segment, totaling CN¥843.79 million.

Insider Ownership: 12.5%

Revenue Growth Forecast: 26.5% p.a.

Zhejiang Fengmao Technology shows potential as a growth company with strong insider ownership, reporting earnings of CNY 82.09 million for the first half of 2024, up from CNY 80.19 million a year ago. Despite a lower return on equity forecast and unsustainable dividend coverage, its revenue is expected to grow at 26.5% annually, outpacing the CN market's average. The stock trades at a favorable price-to-earnings ratio of 22.8x compared to the broader market's 34.1x.

• Click to explore a detailed breakdown of our findings in Zhejiang Fengmao Technology's earnings growth report.
• Our valuation report unveils the possibility Zhejiang Fengmao Technology's shares may be trading at a discount.

Brogent Technologies (TPEX:5263)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Brogent Technologies Inc. is a technology company that offers digital content creation services across Taiwan, Asia, Europe, the Americas, and internationally with a market cap of NT$12.51 billion.

Operations: The company's revenue is primarily derived from its entertainment software segment, which generated NT$967.74 million.

Insider Ownership: 10.3%

Revenue Growth Forecast: 44.4% p.a.

Brogent Technologies exhibits significant growth potential with forecasted revenue growth of 44.4% annually, surpassing the TW market's average of 12.2%. Despite recent shareholder dilution and a low future return on equity forecast, the company is expected to become profitable within three years. Recent earnings show improved sales at TWD 257.75 million for Q2 2024 and reduced net losses compared to last year, indicating positive momentum in its financial performance.

• Click here to discover the nuances of Brogent Technologies with our detailed analytical future growth report.
• Our comprehensive valuation report raises the possibility that Brogent Technologies is priced higher than what may be justified by its financials.

Summing It All Up

• Unlock more gems! Our Fast Growing Companies With High Insider Ownership screener has unearthed 1510 more companies for you to explore.Click here to unveil our expertly curated list of 1513 Fast Growing Companies With High Insider Ownership.
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Want To Explore Some Alternatives?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
• Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence.
• Find companies with promising cash flow potential yet trading below their fair value.

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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