Stock Analysis

Top Growth Companies With Strong Insider Ownership October 2024

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As global markets navigate the pressures of rising U.S. Treasury yields and a cautious Federal Reserve approach, growth stocks have shown resilience, particularly within the tech-heavy Nasdaq Composite Index. In this environment, companies with strong insider ownership often signal confidence in their long-term potential, making them attractive considerations for investors seeking growth opportunities amid broader market fluctuations.

Top 10 Growth Companies With High Insider Ownership

NameInsider OwnershipEarnings Growth
Lavvi Empreendimentos Imobiliários (BOVESPA:LAVV3)11.9%21.1%
Zhejiang Jolly PharmaceuticalLTD (SZSE:300181)23.5%24.6%
Arctech Solar Holding (SHSE:688408)37.8%25.3%
Medley (TSE:4480)34%30.4%
Seojin SystemLtd (KOSDAQ:A178320)30.7%49.1%
Findi (ASX:FND)35.8%64.8%
Credo Technology Group Holding (NasdaqGS:CRDO)13.9%95%
Pharma Mar (BME:PHM)11.8%55.1%
EHang Holdings (NasdaqGM:EH)32.8%81.4%
UTI (KOSDAQ:A179900)33.1%134.6%

Click here to see the full list of 1466 stocks from our Fast Growing Companies With High Insider Ownership screener.

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

i-SENS (KOSDAQ:A099190)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: i-SENS, Inc. develops, manufactures, and sells chemical and biosensors in South Korea and internationally with a market cap of ₩538.31 billion.

Operations: The company generates revenue primarily from its Diagnostic Kits / Equipment segment, amounting to ₩280.29 billion.

Insider Ownership: 25.7%

i-SENS exhibits characteristics of a growth company with high insider ownership, though recent performance shows challenges. The company reported increased sales for the second quarter at KRW 69,900.13 million but faced a net loss of KRW 2.46 million compared to last year's profit. Despite current losses, i-SENS is expected to become profitable within three years and its revenue growth forecast surpasses the Korean market average, although it remains below 20% annually.

KOSDAQ:A099190 Ownership Breakdown as at Oct 2024

IIFL Finance (NSEI:IIFL)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: IIFL Finance Limited is a non-banking financial company involved in financing activities both in India and internationally, with a market capitalization of ₹179.93 billion.

Operations: The company's revenue primarily stems from its financing and investing activities, amounting to ₹65.14 billion.

Insider Ownership: 24.6%

IIFL Finance shows potential as a growth company with significant insider ownership, despite recent earnings challenges. The company reported a net loss of INR 1,576.7 million for the second quarter, contrasting with last year's profit. However, its earnings are forecasted to grow significantly at 25.3% annually over the next three years, outpacing the Indian market average. While trading below analyst price targets and offering good relative value compared to peers, shareholder dilution remains a concern.

NSEI:IIFL Earnings and Revenue Growth as at Oct 2024

Keshun Waterproof TechnolgiesLtd (SZSE:300737)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Keshun Waterproof Technology Co., Ltd. focuses on the research, development, production, and sale of innovative building waterproof materials and has a market capitalization of CN¥5.99 billion.

Operations: Keshun Waterproof Technology Co., Ltd. generates revenue through the research, development, production, and sale of advanced waterproof materials for buildings.

Insider Ownership: 28.0%

Keshun Waterproof Technologies Ltd. demonstrates growth potential with significant insider ownership, despite recent revenue declines from CNY 6.24 billion to CNY 5.14 billion over nine months. Earnings are forecast to grow significantly at 76.93% annually, surpassing market averages and indicating a potential turnaround as profitability is expected within three years. The company offers good relative value compared to peers and has completed a share buyback program, enhancing shareholder value amidst high share price volatility.

SZSE:300737 Earnings and Revenue Growth 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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