November 2024's High Insider Ownership Growth Companies

As global markets navigate the complexities of a new U.S. administration and fluctuating economic indicators, investors are keenly observing the impact on various sectors, particularly those influenced by potential policy changes. Amidst this backdrop, growth companies with high insider ownership are drawing attention for their potential resilience and alignment of interests between management and shareholders. In such a volatile environment, stocks with significant insider ownership can offer a unique perspective on confidence in future prospects and strategic direction.

Top 10 Growth Companies With High Insider Ownership

Name	Insider Ownership	Earnings Growth
On Holding (NYSE:ONON)	31%	29.7%
Pharma Mar (BME:PHM)	11.8%	56.4%
Medley (TSE:4480)	34%	31.5%
Findi (ASX:FND)	34.8%	71.5%
Alkami Technology (NasdaqGS:ALKT)	11%	98.6%
Elliptic Laboratories (OB:ELABS)	26.8%	103.6%
Credo Technology Group Holding (NasdaqGS:CRDO)	13.8%	95%
Plenti Group (ASX:PLT)	12.8%	107.6%
EHang Holdings (NasdaqGM:EH)	32.8%	81.4%
Brightstar Resources (ASX:BTR)	16.2%	84.6%

Click here to see the full list of 1542 stocks from our Fast Growing Companies With High Insider Ownership screener.

Let's take a closer look at a couple of our picks from the screened companies.

Happy Forgings (NSEI:HAPPYFORGE)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Happy Forgings Limited manufactures and sells forgings and related components both in India and internationally, with a market cap of ₹100.06 billion.

Operations: The company's revenue primarily comes from its Forged and Machined Products segment, which generated ₹13.88 billion.

Insider Ownership: 26.8%

Happy Forgings has demonstrated solid growth, with recent earnings showing a net income increase to INR 713.7 million for Q2 2024. Analysts forecast its earnings to grow at 22.1% annually, outpacing the Indian market average of 18.1%. Revenue is also expected to rise faster than the market at 18.2% per year, though below the significant threshold of 20%. Despite no recent insider trading activity, analysts agree on a potential stock price increase of 26.5%.

• Delve into the full analysis future growth report here for a deeper understanding of Happy Forgings.
• Our valuation report unveils the possibility Happy Forgings' shares may be trading at a premium.

Sansera Engineering (NSEI:SANSERA)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Sansera Engineering Limited manufactures and sells precision engineered components for automotive and non-automotive sectors globally, with a market cap of ₹89.90 billion.

Operations: Sansera Engineering Limited generates revenue from the automotive and non-automotive sectors across India, Europe, the United States, and other international markets.

Insider Ownership: 30.9%

Sansera Engineering shows promising growth potential, with earnings forecasted to increase significantly at 27% annually, surpassing the Indian market's average. Recent Q2 results highlight a revenue rise to INR 7.67 billion and net income of INR 506.46 million. Despite high debt levels, the company is strategically positioned with a new Airbus A220 contract and recent equity offerings totaling INR 12 billion, enhancing its financial flexibility for future expansion.

• Get an in-depth perspective on Sansera Engineering's performance by reading our analyst estimates report here.
• Our expertly prepared valuation report Sansera Engineering implies its share price may be too high.

VA Tech Wabag (NSEI:WABAG)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: VA Tech Wabag Limited, along with its subsidiaries, specializes in the design, supply, installation, construction, operation, and maintenance of drinking water, waste and industrial water treatment, and desalination plants both in India and internationally; it has a market capitalization of approximately ₹105.36 billion.

Operations: The company's revenue primarily comes from the construction and maintenance of water treatment plants, amounting to ₹29.65 billion.

Insider Ownership: 28.3%

VA Tech Wabag demonstrates strong growth potential, with earnings forecasted to rise significantly at 25.4% annually, outpacing the Indian market. Recent Q2 results show increased revenue of INR 7.14 billion and net income of INR 706 million. The company secured major contracts including a mega desalination project in Saudi Arabia worth approximately US$317 million and a significant order from Indosol Solar, enhancing its leadership in water treatment solutions despite low insider trading activity recently.

• Unlock comprehensive insights into our analysis of VA Tech Wabag stock in this growth report.
• Upon reviewing our latest valuation report, VA Tech Wabag's share price might be too optimistic.

Next Steps

• Access the full spectrum of 1542 Fast Growing Companies With High Insider Ownership by clicking on this link.
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Searching for a Fresh Perspective?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
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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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