October 2024's Leading Growth Companies With Insider Influence

As global markets navigate the impact of rising U.S. Treasury yields, with the S&P 500 experiencing a downturn after a series of gains, investors are increasingly focused on growth stocks that can withstand economic fluctuations. In this environment, companies with high insider ownership may offer an appealing combination of potential growth and stability, as insiders often have significant insights into their company's prospects and are motivated to drive long-term success.

Top 10 Growth Companies With High Insider Ownership

Name	Insider Ownership	Earnings Growth
Zhejiang Jolly PharmaceuticalLTD (SZSE:300181)	23.5%	24.6%
Archean Chemical Industries (NSEI:ACI)	22.9%	34%
Kirloskar Pneumatic (BSE:505283)	30.3%	26.3%
People & Technology (KOSDAQ:A137400)	16.4%	35.6%
Laopu Gold (SEHK:6181)	36.4%	33%
Seojin SystemLtd (KOSDAQ:A178320)	30.7%	49.1%
Findi (ASX:FND)	35.8%	64.8%
Adveritas (ASX:AV1)	21.2%	144.2%
Plenti Group (ASX:PLT)	12.8%	107.6%
UTI (KOSDAQ:A179900)	33.1%	134.6%

Click here to see the full list of 1523 stocks from our Fast Growing Companies With High Insider Ownership screener.

Let's dive into some prime choices out of the screener.

Jupiter Wagons (NSEI:JWL)

Simply Wall St Growth Rating: ★★★★★★

Overview: Jupiter Wagons Limited manufactures and sells railway wagons, wagon components, and railway transportation equipment in India and internationally, with a market cap of ₹206.58 billion.

Operations: The company's revenue segments include Auto Manufacturers, generating ₹37.70 billion.

Insider Ownership: 10.8%

Earnings Growth Forecast: 27.4% p.a.

Jupiter Wagons demonstrates strong growth potential with earnings forecasted to increase by 27.4% annually, outpacing the Indian market. Revenue is also expected to grow at 23.2% per year, surpassing market averages. Despite past shareholder dilution and a dividend yield of 0.41% not well-covered by free cash flow, its high insider ownership could align management's interests with shareholders'. Recent board changes may further influence strategic direction positively for growth-focused investors.

• Click to explore a detailed breakdown of our findings in Jupiter Wagons' earnings growth report.
• Upon reviewing our latest valuation report, Jupiter Wagons' share price might be too optimistic.

Smartsens Technology (Shanghai) (SHSE:688213)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Smartsens Technology (Shanghai) Co., Ltd. is a company that specializes in the development and manufacturing of CMOS image sensors, with a market cap of CN¥27.56 billion.

Operations: The company's revenue primarily comes from its Semiconductor Integrated Circuit Chips segment, which generated CN¥5.29 billion.

Insider Ownership: 24.4%

Earnings Growth Forecast: 48.4% p.a.

Smartsens Technology (Shanghai) has demonstrated substantial growth, with recent earnings showing a net income of CNY 273.24 million compared to a loss last year. Revenue increased significantly to CNY 4.21 billion from CNY 1.77 billion year-over-year. The company is expected to maintain strong growth, with earnings projected to rise by 48.4% annually and revenue by 27.1%, both outpacing the Chinese market averages, despite low forecasted return on equity and volatile share prices recently observed.

• Navigate through the intricacies of Smartsens Technology (Shanghai) with our comprehensive analyst estimates report here.
• Our comprehensive valuation report raises the possibility that Smartsens Technology (Shanghai) is priced higher than what may be justified by its financials.

Shanghai Sinyang Semiconductor Materials (SZSE:300236)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Shanghai Sinyang Semiconductor Materials Co., Ltd. operates in the semiconductor materials industry and has a market cap of CN¥11.99 billion.

Operations: Shanghai Sinyang Semiconductor Materials Co., Ltd. derives its revenue from various segments, with no specific segment details provided in the text.

Insider Ownership: 15.1%

Earnings Growth Forecast: 31.3% p.a.

Shanghai Sinyang Semiconductor Materials has shown solid growth, with recent earnings revealing a net income increase to CNY 129.76 million from CNY 113.83 million year-over-year and sales reaching CNY 1.07 billion. The company's revenue is projected to grow by 26.9% annually, surpassing the market average, while earnings are expected to rise by 31.3%. However, the forecasted return on equity remains low at 7.4%, and financial results have been impacted by large one-off items recently observed.

• Take a closer look at Shanghai Sinyang Semiconductor Materials' potential here in our earnings growth report.
• Our expertly prepared valuation report Shanghai Sinyang Semiconductor Materials implies its share price may be too high.

Summing It All Up

• Explore the 1523 names from our Fast Growing Companies With High Insider Ownership screener here.
• Have a stake in these businesses? Integrate your holdings into Simply Wall St's portfolio for notifications and detailed stock reports.
• Simply Wall St is a revolutionary app designed for long-term stock investors, it's free and covers every market in the world.

Curious About Other Options?

• 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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