Stock Analysis

Top Growth Companies With Insider Ownership In October 2024

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As global markets grapple with rising U.S. Treasury yields and a cautious economic outlook, growth stocks have shown resilience, particularly within the tech-heavy Nasdaq Composite Index. In this environment, companies with high insider ownership can be appealing as they often signal confidence from those closest to the business, potentially providing stability amid broader market fluctuations.

Top 10 Growth Companies With High Insider Ownership

NameInsider OwnershipEarnings Growth
Lavvi Empreendimentos Imobiliários (BOVESPA:LAVV3)11.9%21.1%
People & Technology (KOSDAQ:A137400)16.4%35.6%
Laopu Gold (SEHK:6181)36.4%33.2%
Seojin SystemLtd (KOSDAQ:A178320)30.7%49.1%
Medley (TSE:4480)34%30.4%
Findi (ASX:FND)35.8%64.8%
HANA Micron (KOSDAQ:A067310)18.3%105.8%
Pharma Mar (BME:PHM)11.8%55.1%
Plenti Group (ASX:PLT)12.8%107.6%
UTI (KOSDAQ:A179900)33.1%134.6%

Click here to see the full list of 1514 stocks from our Fast Growing Companies With High Insider Ownership screener.

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

Servyou Software Group (SHSE:603171)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Servyou Software Group Co., Ltd. offers financial and tax information services in China with a market cap of CN¥11.51 billion.

Operations: Servyou Software Group Co., Ltd. generates its revenue through the provision of financial and tax information services in China.

Insider Ownership: 22.8%

Revenue Growth Forecast: 20.1% p.a.

Servyou Software Group is experiencing strong growth with revenue forecasted to increase by 20.1% annually, outpacing the Chinese market's 13.6%. Despite a decrease in profit margins from 8.6% to 5%, its earnings are expected to grow significantly at over 50% per year, well above the market average of 24.2%. Recent earnings show sales rising to CNY 1.28 billion with net income improving slightly, indicating positive momentum despite lower-than-expected profitability improvements.

SHSE:603171 Ownership Breakdown as at Oct 2024

Xi'an Actionpower Electric (SHSE:688719)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Xi'an Actionpower Electric Co., Ltd. focuses on the research, development, production, and sale of power supply and quality control equipment in China, with a market capitalization of CN¥2.92 billion.

Operations: Xi'an Actionpower Electric Co., Ltd. generates revenue through its involvement in the research, development, production, and sale of power supply and quality control equipment within China.

Insider Ownership: 29.8%

Revenue Growth Forecast: 37.1% p.a.

Xi'an Actionpower Electric is forecasted to achieve robust revenue growth of 37.1% annually, surpassing the Chinese market's 13.6%. Despite a decline in profit margins from 18.6% to 9.2%, earnings are expected to grow significantly at over 70% per year, well above the market average of 24.2%. Recent results show increased sales to CNY 594.47 million but a drop in net income, highlighting challenges amid strong growth potential and strategic share buybacks totaling CNY 50.47 million.

SHSE:688719 Earnings and Revenue Growth as at Oct 2024

DIP (TSE:2379)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: DIP Corporation is a labor force solution company that offers personnel recruiting services in Japan, with a market cap of ¥134.26 billion.

Operations: Revenue Segments (in millions of ¥):

Insider Ownership: 39.9%

Revenue Growth Forecast: 10.5% p.a.

DIP Corporation is positioned for growth with forecasted revenue expansion of 10.5% annually, outpacing the Japanese market's 4.2%. Its earnings are expected to grow at 14.1% per year, surpassing the market average of 8.7%. The company trades at a significant discount to its estimated fair value and has recently increased its dividend from ¥40.00 to ¥47.00 per share, reflecting confidence in future performance despite an unstable dividend history.

TSE:2379 Ownership Breakdown as at Oct 2024

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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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