November 2024's Top Insider-Owned Growth Companies

As global markets navigate a busy earnings season and economic uncertainties, growth stocks have generally lagged behind value shares, with cautious earnings reports impacting major indices. Despite this backdrop, insider ownership in companies can signal confidence in their long-term potential and resilience amid market volatility. In the current environment, a good stock often combines robust growth prospects with substantial insider ownership, suggesting alignment between management's interests and those of shareholders.

Top 10 Growth Companies With High Insider Ownership

Click here to see the full list of 1534 stocks from our Fast Growing Companies With High Insider Ownership screener.

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

Asian Star Anchor Chain Jiangsu (SHSE:601890)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Asian Star Anchor Chain Jiangsu, with a market cap of CN¥7.60 billion, manufactures and sells anchor chains, marine mooring chains, and related accessories globally through its subsidiaries.

Operations: The company's revenue segments include the manufacture and sale of anchor chains, marine mooring chains, and related accessories on a global scale.

Insider Ownership: 37.9%

Revenue Growth Forecast: 23.8% p.a.

Asian Star Anchor Chain Jiangsu demonstrates promising growth potential with earnings forecasted to increase significantly over the next three years. Despite a slight decline in sales, net income improved to CNY 193.17 million for the nine months ending September 2024. The company's revenue growth is expected to outpace the Chinese market at 23.8% annually, although its earnings growth lags behind market expectations. With a Price-To-Earnings ratio of 31.2x, it remains attractively valued compared to peers.

• Get an in-depth perspective on Asian Star Anchor Chain Jiangsu's performance by reading our analyst estimates report here.
• The valuation report we've compiled suggests that Asian Star Anchor Chain Jiangsu's current price could be inflated.

JHT DesignLtd (SHSE:603061)

Simply Wall St Growth Rating: ★★★★★☆

Overview: JHT Design Co., Ltd. focuses on the research, development, production, and sale of semiconductor chip testing equipment in China and has a market cap of CN¥4.74 billion.

Operations: The company generates revenue primarily from the research, development, production, and sale of semiconductor chip testing equipment in China.

Insider Ownership: 23.1%

Revenue Growth Forecast: 29.3% p.a.

JHT Design Ltd. shows potential as a growth company with high insider ownership, despite recent declines in sales and net income for the nine months ending September 2024. The company reported CNY 256.33 million in sales and CNY 44.93 million in net income, both lower than the previous year. However, its earnings are forecasted to grow significantly at 33.9% annually, outpacing both revenue growth of 29.3% and market expectations in China.

• Delve into the full analysis future growth report here for a deeper understanding of JHT DesignLtd.
• Our valuation report here indicates JHT DesignLtd may be overvalued.

Stemmer Imaging (XTRA:S9I)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Stemmer Imaging AG offers machine vision technology for industrial and non-industrial applications globally, with a market cap of €324.35 million.

Operations: The company's revenue segment consists of €126.23 million from machine vision technology for various applications worldwide.

Insider Ownership: 27.7%

Revenue Growth Forecast: 13.3% p.a.

Stemmer Imaging is poised for substantial growth, with earnings projected to increase significantly at 23.2% annually, outpacing the German market. Despite a recent decline in sales and net income, it trades below its estimated fair value. The company is undergoing a takeover by MiddleGround Management, which has secured an 83.54% stake with plans to delist Stemmer Imaging, offering shareholders €48 per share—a premium over recent trading prices.

• Click here to discover the nuances of Stemmer Imaging with our detailed analytical future growth report.
• Our expertly prepared valuation report Stemmer Imaging implies its share price may be too high.

Turning Ideas Into Actions

• Click here to access our complete index of 1534 Fast Growing Companies With High Insider Ownership.
• Already own these companies? Bring clarity to your investment decisions by linking up your portfolio with Simply Wall St, where you can monitor all the vital signs of your stocks effortlessly.
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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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