Top Growth Companies With Insider Ownership For October 2024

As global markets navigate a period of mixed economic signals, with the S&P 500 showing strength in utilities and real estate while energy stocks pull back, investors are closely watching for opportunities amid shifting interest rates and consumer spending patterns. Amidst this backdrop, growth companies with high insider ownership can offer unique insights into potential market resilience, as insiders often have a deep understanding of their company's prospects and may align their interests closely with shareholders.

Top 10 Growth Companies With High Insider Ownership

Name	Insider Ownership	Earnings Growth
Kirloskar Pneumatic (BSE:505283)	30.3%	30.1%
Arctech Solar Holding (SHSE:688408)	37.8%	29.8%
Laopu Gold (SEHK:6181)	36.4%	33.2%
Seojin SystemLtd (KOSDAQ:A178320)	30.7%	49.1%
Medley (TSE:4480)	34%	30.4%
Findi (ASX:FND)	35.8%	64.8%
HANA Micron (KOSDAQ:A067310)	18.3%	105.8%
Adveritas (ASX:AV1)	21.2%	144.2%
Plenti Group (ASX:PLT)	12.8%	106.4%
UTI (KOSDAQ:A179900)	33.1%	134.6%

Click here to see the full list of 1485 stocks from our Fast Growing Companies With High Insider Ownership screener.

Below we spotlight a couple of our favorites from our exclusive screener.

Bangyan Technology (SHSE:688132)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Bangyan Technology Co., Ltd. focuses on the research, development, manufacture, sale, and service of information communication and security equipment for China's military industry with a market cap of CN¥2.62 billion.

Operations: The company's revenue segment is Aerospace & Defense, contributing CN¥276.89 million.

Insider Ownership: 29.1%

Bangyan Technology is trading significantly below its estimated fair value, with revenue expected to grow 40.1% annually, outpacing the market's 13.5%. Earnings are projected to rise by 62.67% per year, becoming profitable within three years—an above-average market growth rate. Despite a low forecasted Return on Equity of 8.4%, the company completed a share buyback worth CNY 35 million, indicating confidence in its growth trajectory amidst high insider ownership dynamics.

• Get an in-depth perspective on Bangyan Technology's performance by reading our analyst estimates report here.
• Our valuation report unveils the possibility Bangyan Technology's shares may be trading at a discount.

Dirui IndustrialLtd (SZSE:300396)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Dirui Industrial Co., Ltd. focuses on the research, development, production, and sale of medical inspection products in China with a market cap of CN¥4.56 billion.

Operations: The company's revenue primarily comes from its Medical Instruments segment, which generated CN¥1.56 billion.

Insider Ownership: 14.1%

Dirui Industrial Ltd. is trading at a favorable price-to-earnings ratio of 16.3x compared to the CN market's 33.5x, suggesting good relative value. Despite recent volatility, its revenue and earnings are forecast to grow significantly at 32.6% and 34.9% annually, surpassing market averages. However, the dividend yield of 2.97% isn't well covered by free cash flows, indicating potential sustainability issues amidst high insider ownership dynamics supporting its growth outlook.

• Click here to discover the nuances of Dirui IndustrialLtd with our detailed analytical future growth report.
• Upon reviewing our latest valuation report, Dirui IndustrialLtd's share price might be too pessimistic.

Shenzhen Ampron Technology (SZSE:301413)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Shenzhen Ampron Technology Co., Ltd. focuses on the research, development, manufacture, sale, and service of sensors in China with a market cap of CN¥4.29 billion.

Operations: The company's revenue primarily comes from its Electronic Components & Parts segment, amounting to CN¥795.15 million.

Insider Ownership: 39.6%

Shenzhen Ampron Technology shows potential for growth with forecasted revenue and earnings increases of 33.3% and 51.9% annually, respectively, outpacing the broader CN market. Despite a volatile share price recently, insider ownership remains stable without significant buying or selling in the past three months. Recent earnings reported CNY 411.86 million in sales but a decline in net income to CNY 35.23 million, reflecting challenges amidst its growth trajectory.

• Take a closer look at Shenzhen Ampron Technology's potential here in our earnings growth report.
• According our valuation report, there's an indication that Shenzhen Ampron Technology's share price might be on the expensive side.

Seize The Opportunity

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Looking For Alternative Opportunities?

• 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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