Stock Analysis

Top Growth Companies With Insider Ownership In October 2024

SHSE:688596
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As global markets navigate a complex landscape marked by rising oil prices and geopolitical tensions in the Middle East, U.S. stocks have shown resilience, buoyed by unexpected job gains. This environment underscores the importance of insider ownership in growth companies, as it can signal confidence from those who know the business best and potentially align with investor interests during uncertain times.

Top 10 Growth Companies With High Insider Ownership

NameInsider OwnershipEarnings Growth
Lavvi Empreendimentos Imobiliários (BOVESPA:LAVV3)11.9%21.1%
Archean Chemical Industries (NSEI:ACI)22.9%34.2%
Arctech Solar Holding (SHSE:688408)37.8%29.9%
Clinuvel Pharmaceuticals (ASX:CUV)10.4%27.4%
Atlas Energy Solutions (NYSE:AESI)29.1%42.1%
Medley (TSE:4480)34%30.4%
Plenti Group (ASX:PLT)12.8%106.4%
EHang Holdings (NasdaqGM:EH)32.8%81.4%
Credo Technology Group Holding (NasdaqGS:CRDO)14.0%95%
UTI (KOSDAQ:A179900)33.1%134.6%

Click here to see the full list of 1492 stocks from our Fast Growing Companies With High Insider Ownership screener.

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

Shanghai GenTech (SHSE:688596)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Shanghai GenTech Co., Ltd. offers process critical system solutions to hi-tech and advanced manufacturing industries in China, with a market cap of CN¥9.75 billion.

Operations: Shanghai GenTech Co., Ltd. generates its revenue by providing essential system solutions to clients within China's hi-tech and advanced manufacturing sectors.

Insider Ownership: 13.5%

Shanghai GenTech demonstrates strong growth potential with forecasted earnings and revenue growth rates significantly outpacing the Chinese market. Despite recent volatility in share price, it trades at a favorable valuation compared to peers. The company reported CNY 1.85 billion in revenue for the first half of 2024, marking substantial year-over-year growth, though net income declined. A recent buyback program aims to align employee and shareholder interests, potentially supporting long-term development despite low dividend coverage by free cash flow.

SHSE:688596 Ownership Breakdown as at Oct 2024
SHSE:688596 Ownership Breakdown as at Oct 2024

Circuit Fabology Microelectronics EquipmentLtd (SHSE:688630)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Circuit Fabology Microelectronics Equipment Co., Ltd. (SHSE:688630) operates in the microelectronics equipment sector with a market capitalization of approximately CN¥8.65 billion.

Operations: Circuit Fabology Microelectronics Equipment Co., Ltd. generates its revenue from various segments within the microelectronics equipment industry.

Insider Ownership: 29.8%

Circuit Fabology Microelectronics Equipment Ltd. shows robust growth potential with forecasted revenue and earnings growth significantly outpacing the Chinese market. The company reported CNY 449.43 million in sales for the first half of 2024, a substantial increase from the previous year, alongside improved net income. Despite high volatility in its share price, it trades at a relatively lower P/E ratio than industry peers, and recent buyback activities could enhance shareholder value despite limited dividend coverage by free cash flows.

SHSE:688630 Earnings and Revenue Growth as at Oct 2024
SHSE:688630 Earnings and Revenue Growth as at Oct 2024

Puya Semiconductor (Shanghai) (SHSE:688766)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Puya Semiconductor (Shanghai) Co., Ltd. designs and sells non-volatile memory chips and derivative chips based on memory chips both in China and internationally, with a market cap of CN¥8.63 billion.

Operations: The company's revenue primarily comes from its Integrated Circuit segment, amounting to CN¥1.55 billion.

Insider Ownership: 33.3%

Puya Semiconductor (Shanghai) demonstrates strong growth potential, with earnings expected to grow significantly over the next three years. The company reported CNY 895.83 million in sales for H1 2024, a substantial increase from last year, and achieved profitability with a net income of CNY 135.98 million. Despite recent share price volatility, its P/E ratio of 52x is below the industry average. Revenue growth forecasts exceed both industry and market averages, indicating robust future performance prospects.

SHSE:688766 Earnings and Revenue Growth as at Oct 2024
SHSE:688766 Earnings and Revenue Growth as at Oct 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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