Stock Analysis

Vedant Fashions And 2 Other Top Growth Stocks With High Insider Ownership

NSEI:MANYAVAR
Source: Shutterstock

In a market environment characterized by mixed returns and sector rotations, identifying growth companies with high insider ownership can offer unique investment opportunities. Insider ownership often signifies confidence in the company's future prospects, making it an essential factor to consider amid current economic uncertainties.

Top 10 Growth Companies With High Insider Ownership

NameInsider OwnershipEarnings Growth
Gaming Innovation Group (OB:GIG)26.7%37.4%
Medley (TSE:4480)34%28.7%
Fine M-TecLTD (KOSDAQ:A441270)17.1%36.4%
KebNi (OM:KEBNI B)37.8%90.4%
Credo Technology Group Holding (NasdaqGS:CRDO)14.4%60.9%
Calliditas Therapeutics (OM:CALTX)11.6%52.9%
Vow (OB:VOW)31.7%97.7%
Adocia (ENXTPA:ADOC)11.9%63%
EHang Holdings (NasdaqGM:EH)32.8%74.3%
HANA Micron (KOSDAQ:A067310)20%97.4%

Click here to see the full list of 1460 stocks from our Fast Growing Companies With High Insider Ownership screener.

Here we highlight a subset of our preferred stocks from the screener.

Vedant Fashions (NSEI:MANYAVAR)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Vedant Fashions Limited manufactures and trades wedding and celebration wear in India and internationally, with a market cap of ₹265.74 billion.

Operations: Vedant Fashions generates revenue primarily from branded fashion apparel and accessories, amounting to ₹12.96 billion.

Insider Ownership: 17.8%

Vedant Fashions, despite recent declines in quarterly revenue (INR 2.61 billion) and net income (INR 624.89 million), shows promising growth prospects with earnings forecasted to grow at 17.69% annually, outpacing the Indian market's average of 16.2%. The company's high insider ownership aligns management interests with shareholders, potentially fostering long-term value creation. However, investors should note the unstable dividend track record and recent financial performance setbacks when considering this stock for growth potential.

NSEI:MANYAVAR Ownership Breakdown as at Jul 2024
NSEI:MANYAVAR Ownership Breakdown as at Jul 2024

Hoshine Silicon Industry (SHSE:603260)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Hoshine Silicon Industry Co., Ltd. produces and sells silicon-based materials both in China and internationally, with a market cap of CN¥54.87 billion.

Operations: The company's revenue segments are derived from the production and sale of silicon-based materials.

Insider Ownership: 32.6%

Hoshine Silicon Industry's high insider ownership aligns management interests with shareholders, fostering potential long-term value creation. Despite being removed from key indices like the SSE 180, the company shows robust growth prospects with earnings expected to grow 31.7% annually, outpacing the CN market's 22.1%. However, profitability has declined with net profit margins dropping to 8.2% from last year's 17.8%, and its return on equity forecasted to be low at 12.1% in three years.

SHSE:603260 Ownership Breakdown as at Jul 2024
SHSE:603260 Ownership Breakdown as at Jul 2024

Beijing SuperMap Software (SZSE:300036)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Beijing SuperMap Software Co., Ltd. provides geographic information system (GIS) and geospatial intelligence software products and services both in China and internationally, with a market cap of approximately CN¥6.50 billion.

Operations: The company's revenue segments include Software, which generated CN¥1.96 billion.

Insider Ownership: 18%

Beijing SuperMap Software demonstrates strong growth potential with earnings forecasted to grow 35.1% annually, significantly outpacing the CN market's 22.1%. The company's revenue is also expected to increase by 21.7% per year, surpassing the market average of 13.6%. Recent buyback activities totaling CNY 112.92 million reflect confidence in its future prospects and aim to enhance shareholder value through employee stock ownership plans and equity incentives, despite a relatively low forecasted return on equity of 9.9%.

SZSE:300036 Earnings and Revenue Growth as at Jul 2024
SZSE:300036 Earnings and Revenue Growth as at Jul 2024

Where To Now?

Searching for a Fresh Perspective?

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