Stock Analysis

Top Growth Stocks With High Insider Ownership In October 2024

Published

As global markets navigate the challenges posed by rising U.S. Treasury yields and tepid economic growth, investors are increasingly focused on identifying resilient opportunities within the equity landscape. In this environment, growth companies with high insider ownership can offer unique advantages, as they often align management's interests with those of shareholders while potentially capitalizing on favorable market conditions.

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%
Kirloskar Pneumatic (BSE:505283)30.3%26%
People & Technology (KOSDAQ:A137400)16.4%35.6%
Medley (TSE:4480)34%30.4%
Credo Technology Group Holding (NasdaqGS:CRDO)13.9%95%
Pharma Mar (BME:PHM)11.8%55.1%
Adveritas (ASX:AV1)21.2%144.2%
Plenti Group (ASX:PLT)12.8%107.6%
EHang Holdings (NasdaqGM:EH)32.8%81.4%

Click here to see the full list of 1513 stocks from our Fast Growing Companies With High Insider Ownership screener.

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

Esprinet (BIT:PRT)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Esprinet S.p.A., along with its subsidiaries, operates in the wholesale distribution of IT products and consumer electronics across Italy, Spain, Portugal, and other parts of Europe, with a market cap of €286.77 million.

Operations: The company's revenue is primarily derived from its IT and consumer electronics distribution operations, with €2.57 billion generated in Italy and €1.39 billion from the Iberian Peninsula.

Insider Ownership: 13.4%

Earnings Growth Forecast: 22.6% p.a.

Esprinet shows strong potential as a growth company with significant insider ownership. Recent earnings reveal a turnaround, with net income of €3.25 million compared to last year's loss. The company's Price-To-Earnings ratio of 15.7x suggests it is trading at good value relative to the industry average. While revenue growth is modest at 4.9% annually, earnings are expected to grow significantly by 22.6% per year, outpacing the Italian market's forecasted growth rate.

BIT:PRT Ownership Breakdown as at Oct 2024

Técnicas Reunidas (BME:TRE)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Técnicas Reunidas, S.A. is an engineering and construction company that designs and manages industrial plant projects globally, with a market cap of approximately €896 million.

Operations: The company's revenue is primarily derived from Natural Gas at €2.38 billion, followed by Refining at €853.67 million, and Petrochemical projects contributing €635.95 million, with additional income from Low Carbon Technologies amounting to €82.09 million.

Insider Ownership: 11.5%

Earnings Growth Forecast: 22.4% p.a.

Técnicas Reunidas demonstrates growth potential with insider ownership, although its share price has been volatile. The company is trading at 9% below estimated fair value. Revenue growth is forecasted at 4.8% annually, slower than the Spanish market, but earnings are expected to grow significantly by 22.4% per year, surpassing the market average. Recent strategic alliances include a €2.5 billion EPC contract in Kazakhstan with SINOPEC Engineering, enhancing its project backlog and future prospects.

BME:TRE Ownership Breakdown as at Oct 2024

Solstad Offshore (OB:SOFF)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Solstad Offshore ASA provides offshore service vessels and maritime services to the offshore energy industry, with a market cap of NOK2.92 billion.

Operations: The company's revenue segments include Anchorhandling Vessels (AHTS) generating NOK1.40 billion.

Insider Ownership: 16.7%

Earnings Growth Forecast: 125.9% p.a.

Solstad Offshore exhibits growth potential with high insider ownership, trading at 52.2% below its estimated fair value. While revenue is forecasted to grow at 17.3% annually, faster than the Norwegian market, earnings are expected to surge significantly by 125.92% per year as it becomes profitable within three years. Recent contract awards in Brazil total US$53 million, enhancing its project pipeline despite past shareholder dilution concerns.

OB:SOFF Earnings and Revenue Growth as at Oct 2024

Make It Happen

Ready To Venture Into Other Investment Styles?

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.

New: Manage All Your Stock Portfolios in One Place

We've created the ultimate portfolio companion for stock investors, and it's free.

• Connect an unlimited number of Portfolios and see your total in one currency
• Be alerted to new Warning Signs or Risks via email or mobile
• Track the Fair Value of your stocks

Try a Demo Portfolio for Free

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com