Top Growth Companies With High Insider Ownership August 2024

As global markets celebrate the prospect of upcoming interest rate cuts, with major indices such as the Dow Jones Industrial Average and S&P 500 Index nearing record highs, investors are increasingly looking for opportunities in growth companies with high insider ownership. In this favorable economic environment, stocks with significant insider ownership can be particularly attractive as they often indicate strong confidence from those closest to the company's operations.

Top 10 Growth Companies With High Insider Ownership

Name	Insider Ownership	Earnings Growth
Lavvi Empreendimentos Imobiliários (BOVESPA:LAVV3)	11.9%	21%
Atlas Energy Solutions (NYSE:AESI)	29.1%	42.7%
Medley (TSE:4480)	34%	30.5%
On Holding (NYSE:ONON)	28.4%	24.4%
Gaming Innovation Group (OB:GIG)	26.7%	31%
Vow (OB:VOW)	31.7%	97.7%
KebNi (OM:KEBNI B)	37.8%	86.1%
Credo Technology Group Holding (NasdaqGS:CRDO)	14.3%	60.9%
Calliditas Therapeutics (OM:CALTX)	12.7%	51.9%
Adocia (ENXTPA:ADOC)	11.9%	63%

Click here to see the full list of 1568 stocks from our Fast Growing Companies With High Insider Ownership screener.

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

Ninestar (SZSE:002180)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Ninestar Corporation focuses on the research, development, production, processing, and sales of self-produced printers and printer consumables and accessories with a market cap of approximately CN¥34.03 billion.

Operations: Ninestar Corporation generates revenue primarily from the research, development, production, processing, and sales of its own printers and printer consumables and accessories.

Insider Ownership: 12.5%

Ninestar's earnings are forecast to grow 100.09% per year, with revenue expected to increase by 10.7% annually, outpacing the Chinese market average of 10.5%. Despite low forecasted Return on Equity at 14.8%, the company is trading at a significant discount of 63.1% below fair value estimates and analysts predict a price rise of 42%. Recently, Ninestar completed a share buyback worth CNY142.91 million for 6,044,500 shares (0.42%).

• Click here to discover the nuances of Ninestar with our detailed analytical future growth report.
• In light of our recent valuation report, it seems possible that Ninestar is trading behind its estimated value.

Suzhou Dongshan Precision Manufacturing (SZSE:002384)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Suzhou Dongshan Precision Manufacturing Co., Ltd. (SZSE:002384) operates in the precision manufacturing sector and has a market cap of CN¥36.80 billion.

Operations: The company's revenue segments include LED Display Device (CN¥1.21 billion), Touch Panel and LCD Module (CN¥5.77 billion), Electronic Circuit Products (CN¥25.14 billion), and Precision Component Products (CN¥4.29 billion).

Insider Ownership: 28.5%

Suzhou Dongshan Precision Manufacturing's earnings are forecast to grow 28.31% annually, outpacing the Chinese market average of 17%. Despite a recent decline in net income to CNY560.6 million from CNY824.55 million, the company trades at 61.5% below its estimated fair value and shows good relative value compared to peers. Revenue is expected to grow at 12.9% per year, faster than the market rate of 10.5%, although profit margins have decreased from last year’s figures (4.6% vs 7.8%).

• Get an in-depth perspective on Suzhou Dongshan Precision Manufacturing's performance by reading our analyst estimates report here.
• Upon reviewing our latest valuation report, Suzhou Dongshan Precision Manufacturing's share price might be too pessimistic.

Ganfeng Lithium Group (SZSE:002460)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Ganfeng Lithium Group Co., Ltd. manufactures and sells lithium products across Mainland China, the rest of Asia, the European Union, North America, and internationally, with a market cap of CN¥48.75 billion.

Operations: Ganfeng Lithium Group generates revenue from manufacturing and selling lithium products in Mainland China, the rest of Asia, the European Union, North America, and other international markets.

Insider Ownership: 27.9%

Ganfeng Lithium Group's revenue is forecast to grow 18.7% annually, outpacing the Chinese market's 10.5%. Despite a recent net loss of CNY 760.38 million for H1 2024, compared to a net income of CNY 5,850.19 million last year, the stock trades at 51.1% below its estimated fair value and is expected to become profitable within three years. Insider ownership remains high, indicating strong internal confidence in the company's long-term growth prospects.

• Unlock comprehensive insights into our analysis of Ganfeng Lithium Group stock in this growth report.
• Our comprehensive valuation report raises the possibility that Ganfeng Lithium Group is priced higher than what may be justified by its financials.

Turning Ideas Into Actions

• Navigate through the entire inventory of 1568 Fast Growing Companies With High Insider Ownership here.
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Ready For A Different Approach?

• 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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