3 Growth Stocks With High Insider Ownership To Watch

In a week marked by a flurry of earnings reports and economic data, global markets experienced mixed performances, with major indices like the Nasdaq Composite and S&P MidCap 400 reaching record highs before retreating. Amidst this backdrop, growth stocks have faced challenges, particularly as cautious earnings from tech giants influenced investor sentiment. In such an environment, companies with high insider ownership can be appealing due to the confidence insiders demonstrate in their business prospects. This article explores three growth stocks that stand out for their significant insider stakes and potential resilience in fluctuating market conditions.

Top 10 Growth Companies With High Insider Ownership

Name	Insider Ownership	Earnings Growth
Archean Chemical Industries (NSEI:ACI)	22.9%	34%
Kirloskar Pneumatic (BSE:505283)	30.3%	26.3%
People & Technology (KOSDAQ:A137400)	16.4%	35.6%
Laopu Gold (SEHK:6181)	36.4%	33%
Medley (TSE:4480)	34%	30.4%
Seojin SystemLtd (KOSDAQ:A178320)	30.7%	49.1%
Findi (ASX:FND)	34.8%	64.8%
Adveritas (ASX:AV1)	21.2%	144.2%
Plenti Group (ASX:PLT)	12.8%	107.6%
UTI (KOSDAQ:A179900)	33.1%	134.6%

Click here to see the full list of 1534 stocks from our Fast Growing Companies With High Insider Ownership screener.

Let's review some notable picks from our screened stocks.

MLP Saglik Hizmetleri (IBSE:MPARK)

Simply Wall St Growth Rating: ★★★★★☆

Overview: MLP Saglik Hizmetleri A.S. operates healthcare services in Turkey, Azerbaijan, and Hungary, with a market cap of TRY62.51 billion.

Operations: The company generates revenue of TRY25.77 billion from its Healthcare Facilities & Services segment.

Insider Ownership: 16.3%

MLP Saglik Hizmetleri shows promising growth potential with revenue expected to increase at 30.6% annually, outpacing the Turkish market's 25.1%. Despite earnings growing slower than the market at 24.5%, they remain substantial, supported by high insider ownership which aligns management interests with shareholders. Recent earnings reported TRY 16.33 billion in sales for six months, up from TRY 13.01 billion, indicating robust performance despite a slight dip in quarterly net income to TRY 1,050.77 million from TRY 1,085.02 million previously.

• Get an in-depth perspective on MLP Saglik Hizmetleri's performance by reading our analyst estimates report here.
• According our valuation report, there's an indication that MLP Saglik Hizmetleri's share price might be on the cheaper side.

Advanced Nano Products (KOSDAQ:A121600)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Advanced Nano Products Co., Ltd. manufactures and sells high-tech materials, including displays, semiconductors, secondary batteries, and solar cells in South Korea and internationally, with a market cap of approximately ₩1.08 trillion.

Operations: The company's revenue segment includes specialty chemicals, generating approximately ₩85.53 billion.

Insider Ownership: 22.7%

Advanced Nano Products is poised for significant growth, with revenue anticipated to rise by 52% annually, surpassing the Korean market's 9.9% rate. Earnings are also forecasted to grow at nearly 49%, despite recent declines in net income and earnings per share compared to last year. While profit margins have decreased from 21.3% to 13.5%, insider ownership remains high, potentially aligning management's interests with those of shareholders amid a volatile share price environment.

• Delve into the full analysis future growth report here for a deeper understanding of Advanced Nano Products.
• The valuation report we've compiled suggests that Advanced Nano Products' current price could be inflated.

Tega Industries (NSEI:TEGA)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Tega Industries Limited designs, manufactures, and installs process equipment and accessories for the mineral processing, mining, and material handling industries with a market cap of ₹131.61 billion.

Operations: The company's revenue segments consist of ₹1.98 billion from Equipments and ₹13.71 billion from Consumables.

Insider Ownership: 19%

Tega Industries exhibits promising growth potential, with earnings forecasted to grow 24.7% annually, outpacing the Indian market's 18.1%. Revenue is expected to increase by 17% per year, surpassing the market's 10.2% growth rate. Recent executive changes include appointing Mr. Sanjeev Mishra as Global Head of Capex Purchase, enhancing operational efficiency through his extensive industry expertise. Tega reported strong financial results for Q1 FY2024, with revenue increasing to INR 3.52 billion and net income rising significantly year-over-year.

• Take a closer look at Tega Industries' potential here in our earnings growth report.
• In light of our recent valuation report, it seems possible that Tega Industries is trading beyond its estimated value.

Taking Advantage

• Gain an insight into the universe of 1534 Fast Growing Companies With High Insider Ownership by clicking here.
• Shareholder in one or more of these companies? Ensure you're never caught off-guard by adding your portfolio in Simply Wall St for timely alerts on significant stock developments.
• Join a community of smart investors by using Simply Wall St. It's free and delivers expert-level analysis on worldwide markets.

Want To Explore Some Alternatives?

• 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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