Top UK Growth Companies With High Insider Ownership For August 2024

The UK market has faced challenges recently, with the FTSE 100 index faltering due to weak trade data from China, highlighting ongoing global economic uncertainties. In such a volatile environment, growth companies with high insider ownership can be particularly appealing as they often indicate strong confidence from those closest to the business.

Top 10 Growth Companies With High Insider Ownership In The United Kingdom

Name	Insider Ownership	Earnings Growth
Filtronic (AIM:FTC)	28.6%	33.5%
Plant Health Care (AIM:PHC)	34.2%	121.3%
Gulf Keystone Petroleum (LSE:GKP)	12.1%	74.6%
Integrated Diagnostics Holdings (LSE:IDHC)	26.7%	23.5%
Helios Underwriting (AIM:HUW)	23.9%	14.7%
Foresight Group Holdings (LSE:FSG)	31.9%	27.9%
B90 Holdings (AIM:B90)	24.4%	142.7%
Velocity Composites (AIM:VEL)	27.6%	173.3%
Judges Scientific (AIM:JDG)	11.9%	27.5%
Hochschild Mining (LSE:HOC)	38.4%	53.8%

Click here to see the full list of 66 stocks from our Fast Growing UK Companies With High Insider Ownership screener.

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

Evoke (LSE:EVOK)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Evoke plc, with a market cap of £291.72 million, offers online betting and gaming products and solutions in the United Kingdom, Ireland, Italy, Spain, and internationally.

Operations: The company's revenue segments include Retail (£514 million), UK&I Online (£661.20 million), and International (£516.10 million).

Insider Ownership: 20.4%

Evoke plc is forecast to grow revenue at 5.6% per year, slightly above the UK market average of 3.7%. The company expects significant profitability improvement in the second half of 2024 due to successful product launches and effective promotions by a new commercial leadership team. Despite high volatility in share price, substantial insider buying over the past three months indicates strong internal confidence. Earnings are projected to grow annually by 111.03%, with a very high Return on Equity forecasted at 372.1% in three years.

• Delve into the full analysis future growth report here for a deeper understanding of Evoke.
• Upon reviewing our latest valuation report, Evoke's share price might be too pessimistic.

Hochschild Mining (LSE:HOC)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Hochschild Mining plc is a precious metals company involved in the exploration, mining, processing, and sale of gold and silver deposits across Peru, Argentina, the United States, Canada, Brazil, and Chile with a market cap of £948.66 million.

Operations: The company's revenue segments include $242.46 million from San Jose, $396.64 million from Inmaculada, and $54.05 million from Pallancata.

Insider Ownership: 38.4%

Hochschild Mining plc, trading at 39.3% below its estimated fair value, is expected to become profitable within three years, with earnings forecasted to grow by 53.78% annually. Recent insider activity shows substantial buying over the past three months, indicating strong internal confidence. The company reiterated its production guidance for 2024 and reported increased gold production in Q2 2024 compared to the previous year. Analysts agree on a potential stock price rise of 24.6%.

• Dive into the specifics of Hochschild Mining here with our thorough growth forecast report.
• Our valuation report here indicates Hochschild Mining may be undervalued.

TBC Bank Group (LSE:TBCG)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: TBC Bank Group PLC, with a market cap of £1.67 billion, offers banking, leasing, insurance, brokerage, and card processing services to corporate and individual customers in Georgia, Azerbaijan, and Uzbekistan through its subsidiaries.

Operations: The company's revenue segments include Uzbekistan operations generating GEL 236.42 million and segment adjustments amounting to GEL 2.13 billion.

Insider Ownership: 17.8%

TBC Bank Group, trading at 48.3% below its estimated fair value, reported half-year net income of GEL 617.4 million and earnings per share of GEL 11.33. Forecasted to grow earnings by 15.3% annually, it outpaces the UK market's growth rate of 14.3%. Recent updates include a new AI head for its Uzbekistan unit and an interim dividend declaration of GEL 2.55 per share, reflecting strong insider confidence despite an unstable dividend track record.

• Navigate through the intricacies of TBC Bank Group with our comprehensive analyst estimates report here.
• Insights from our recent valuation report point to the potential undervaluation of TBC Bank Group shares in the market.

Where To Now?

• Delve into our full catalog of 66 Fast Growing UK Companies With High Insider Ownership here.
• Hold shares in these firms? Setup your portfolio in Simply Wall St to seamlessly track your investments and receive personalized updates on your portfolio's performance.
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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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