Top Growth Companies With Insider Ownership November 2024

As global markets show resilience with U.S. indexes nearing record highs and broad-based gains, investors are closely watching economic indicators like jobless claims and home sales that signal positive sentiment. In this environment, growth companies with high insider ownership can be particularly appealing as they often indicate strong confidence from those who know the business best.

Top 10 Growth Companies With High Insider Ownership

Name	Insider Ownership	Earnings Growth
SKS Technologies Group (ASX:SKS)	32.4%	24.8%
Propel Holdings (TSX:PRL)	36.9%	37.6%
On Holding (NYSE:ONON)	19.1%	29.6%
Pharma Mar (BME:PHM)	11.8%	56.9%
CD Projekt (WSE:CDR)	29.7%	29.6%
Elliptic Laboratories (OB:ELABS)	26.8%	103.6%
EHang Holdings (NasdaqGM:EH)	32.8%	81.5%
Alkami Technology (NasdaqGS:ALKT)	11%	98.6%
Credo Technology Group Holding (NasdaqGS:CRDO)	13.7%	95%
Brightstar Resources (ASX:BTR)	16.2%	84.6%

Click here to see the full list of 1508 stocks from our Fast Growing Companies With High Insider Ownership screener.

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

Giga Device Semiconductor (SHSE:603986)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Giga Device Semiconductor Inc., a fabless company, focuses on the research and development, technical support, and sales of memories, microcontrollers, and sensors with a market cap of approximately CN¥56.76 billion.

Operations: The company's revenue primarily comes from Integrated Circuit Products, amounting to CN¥7.02 billion.

Insider Ownership: 10.8%

Earnings Growth Forecast: 46% p.a.

GigaDevice Semiconductor is poised for substantial growth, with earnings projected to rise significantly at 46% annually, outpacing the Chinese market's average. The company's revenue is also expected to grow faster than 20% per year. Recent developments include a share buyback program and the launch of innovative products like the GD32G5 series microcontrollers and EtherCAT SubDevice Controller, which could bolster its position in industrial automation. Despite high insider ownership, no significant insider trading activity has been reported recently.

• Dive into the specifics of Giga Device Semiconductor here with our thorough growth forecast report.
• Our expertly prepared valuation report Giga Device Semiconductor implies its share price may be too high.

Beijing eGOVA Co (SZSE:300075)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Beijing eGOVA Co., Ltd is a smart city core application and operation service provider in China with a market cap of CN¥10.90 billion.

Operations: Beijing eGOVA Co., Ltd generates its revenue primarily from providing smart city core applications and operational services in China.

Insider Ownership: 27.1%

Earnings Growth Forecast: 60.1% p.a.

Beijing eGOVA Co. faces challenges despite its growth potential, with earnings expected to increase by 60.06% annually and revenue forecasted to grow at 31% per year, surpassing the Chinese market average. However, recent earnings reveal a decline in sales and net income for the nine months ending September 2024 compared to the previous year. The company is highly volatile, with low projected return on equity in three years and no substantial insider trading activity reported recently.

• Get an in-depth perspective on Beijing eGOVA Co's performance by reading our analyst estimates report here.
• Upon reviewing our latest valuation report, Beijing eGOVA Co's share price might be too optimistic.

SG Micro (SZSE:300661)

Simply Wall St Growth Rating: ★★★★★☆

Overview: SG Micro Corp designs, markets, and sells analog ICs primarily in China with a market cap of CN¥40.89 billion.

Operations: The company generates revenue of CN¥3.18 billion from the Integrated Circuit Industry segment.

Insider Ownership: 32.9%

Earnings Growth Forecast: 42.2% p.a.

SG Micro demonstrates robust growth potential, with earnings projected to rise by 42.24% annually and revenue expected to grow at 21.9% per year, outpacing the Chinese market average. Recent earnings show significant improvement, with net income doubling to CNY 284.9 million for the nine months ending September 2024 compared to the previous year. Despite high share price volatility and low forecasted return on equity, no substantial insider trading has been reported recently.

• Click here and access our complete growth analysis report to understand the dynamics of SG Micro.
• The analysis detailed in our SG Micro valuation report hints at an inflated share price compared to its estimated value.

Turning Ideas Into Actions

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Searching for a Fresh Perspective?

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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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