Insider-Owned Growth Companies To Watch In July 2024

As global markets continue to navigate through a mix of rising indices and economic cooling, particularly in the U.S. where growth stocks are gaining favor amid falling interest rates, investors might find significant opportunities in growth companies with high insider ownership. These companies not only demonstrate confidence from those closest to the core operations but also align well with current market dynamics where informed leadership could steer towards sustained growth despite broader economic uncertainties.

Top 10 Growth Companies With High Insider Ownership

Name	Insider Ownership	Earnings Growth
Cettire (ASX:CTT)	28.7%	26.7%
Gaming Innovation Group (OB:GIG)	26.7%	36.9%
Global Tax Free (KOSDAQ:A204620)	18.1%	72.4%
KebNi (OM:KEBNI B)	37.8%	90.4%
Seojin SystemLtd (KOSDAQ:A178320)	27.9%	58.7%
Credo Technology Group Holding (NasdaqGS:CRDO)	14.7%	60.9%
Calliditas Therapeutics (OM:CALTX)	11.6%	52.9%
Adocia (ENXTPA:ADOC)	11.9%	63%
Vow (OB:VOW)	31.8%	97.6%
HANA Micron (KOSDAQ:A067310)	20%	96.3%

Click here to see the full list of 1437 stocks from our Fast Growing Companies With High Insider Ownership screener.

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

Hoymiles Power Electronics (SHSE:688032)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Hoymiles Power Electronics Inc. specializes in manufacturing and selling module level power electronics (MLPE) solutions, serving both domestic and international markets, with a market capitalization of approximately CN¥13.20 billion.

Operations: The company generates its revenue primarily from the manufacture and sale of MLPE solutions across various global markets.

Insider Ownership: 11.2%

Hoymiles Power Electronics has recently completed a share buyback, repurchasing shares for CNY 100.01 million, signaling confidence by management in the company's valuation. Despite a significant drop in Q1 revenue and net income compared to the previous year, analysts forecast robust growth for Hoymiles with expected annual revenue and earnings growth outpacing the Chinese market average significantly. However, its dividend sustainability is questionable as it is not well covered by earnings or free cash flows. The company's Return on Equity is also projected to remain low over the next three years.

• Get an in-depth perspective on Hoymiles Power Electronics' performance by reading our analyst estimates report here.
• Our valuation report here indicates Hoymiles Power Electronics may be overvalued.

Sai MicroElectronics (SZSE:300456)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Sai MicroElectronics Inc. specializes in the development of micro-electro-mechanical systems in China, with a market capitalization of CN¥11.29 billion.

Operations: The revenue segments for the company are not specified in the provided text.

Insider Ownership: 26.1%

Sai MicroElectronics, despite recent challenges including a shift from net income to a net loss in Q1 2024, is poised for significant growth. Analysts predict its revenue and earnings will expand rapidly, outstripping broader market averages in China. However, the company's return on equity is expected to remain modest at 6.5% over the next three years. No insider trading activity was reported in the past three months, suggesting stable insider confidence amidst financial fluctuations.

• Click to explore a detailed breakdown of our findings in Sai MicroElectronics' earnings growth report.
• Insights from our recent valuation report point to the potential overvaluation of Sai MicroElectronics shares in the market.

Shenzhen Sinexcel ElectricLtd (SZSE:300693)

Simply Wall St Growth Rating: ★★★★★★

Overview: Shenzhen Sinexcel Electric Co., Ltd. operates globally, offering core power equipment and solutions for the energy internet across regions including China, Asia, Oceania, Europe, North America, South America, and Africa, with a market capitalization of approximately CN¥6.11 billion.

Operations: The company generates its revenue by providing core power equipment and solutions for the energy internet across various global regions.

Insider Ownership: 29.5%

Shenzhen Sinexcel Electric Co., Ltd. is trading at a substantial discount relative to its fair value, with earnings and revenue growth projections outpacing the broader Chinese market. Expected annual earnings and revenue growth are significant, suggesting robust future performance. However, dividends are poorly covered by free cash flows, indicating potential sustainability issues. Recent corporate governance changes include new director appointments and amendments to company bylaws, reflecting active management engagement but no recent insider buying or selling activity was reported.

• Navigate through the intricacies of Shenzhen Sinexcel ElectricLtd with our comprehensive analyst estimates report here.
• The valuation report we've compiled suggests that Shenzhen Sinexcel ElectricLtd's current price could be quite moderate.

Where To Now?

• Click through to start exploring the rest of the 1434 Fast Growing Companies With High Insider Ownership now.
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Seeking Other Investments?

• 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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