Stock Analysis

Top Growth Companies With High Insider Ownership In September 2024

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As global markets grapple with economic slowdown concerns and the S&P 500 experiences its sharpest decline in 18 months, investors are increasingly seeking stable opportunities amidst volatility. One key indicator of a potentially resilient stock is high insider ownership, which often signals strong confidence from those closest to the company's operations and future prospects.

Top 10 Growth Companies With High Insider Ownership

NameInsider OwnershipEarnings Growth
Lavvi Empreendimentos Imobiliários (BOVESPA:LAVV3)11.9%20.6%
Atlas Energy Solutions (NYSE:AESI)29.1%42.1%
Hartshead Resources (ASX:HHR)13.9%102.6%
Clinuvel Pharmaceuticals (ASX:CUV)13.6%27.4%
Seojin SystemLtd (KOSDAQ:A178320)30.5%52.1%
On Holding (NYSE:ONON)28.4%24.4%
Credo Technology Group Holding (NasdaqGS:CRDO)14.1%95.9%
Adveritas (ASX:AV1)21.1%144.2%
Plenti Group (ASX:PLT)12.8%106.4%
EHang Holdings (NasdaqGM:EH)32.8%81.5%

Click here to see the full list of 1510 stocks from our Fast Growing Companies With High Insider Ownership screener.

Let's explore several standout options from the results in the screener.

MBC Group (SASE:4072)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: MBC Group is a media company operating in the United Arab Emirates, Saudi Arabia, Egypt, Iraq, North Africa, and internationally with a market cap of SAR14.96 billion.

Operations: MBC Group generates revenue from various segments including advertising, content production and distribution, subscription services, and digital platforms.

Insider Ownership: 36%

MBC Group, recently added to the S&P Pan Arab Composite and S&P Global BMI Index, is forecasted to grow earnings by 33.85% per year, significantly outpacing the SA market's 7% growth rate. Despite a low projected Return on Equity of 10.2%, its revenue is expected to grow by 14.5% annually. The company has no recent insider trading activity but has shown strong past performance with a 76.5% earnings growth over the last year.

SASE:4072 Earnings and Revenue Growth as at Sep 2024

Fawaz Abdulaziz Al Hokair (SASE:4240)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Fawaz Abdulaziz Al Hokair & Company, with a market cap of SAR1.28 billion, operates as a franchise retailer of fashion products across several countries including Saudi Arabia, Jordan, Egypt, Kazakhstan, the United States, Azerbaijan, Georgia, Armenia and Morocco.

Operations: The company's revenue segments include Fashion Retail (SAR4.64 billion), F&B (SAR359.85 million), and Indoor Entertainment (SAR69.75 million).

Insider Ownership: 15.2%

Fawaz Abdulaziz Al Hokair & Company, despite recent executive changes with Salim Fakhouri as the new CEO, faces challenges with declining sales and net income. For the second quarter of 2024, sales were SAR 1.26 billion compared to SAR 1.43 billion a year ago, and net income dropped from SAR 166 million to SAR 81 million. However, it trades at a significant discount to its estimated fair value and is forecasted to achieve profitability within three years.

SASE:4240 Ownership Breakdown as at Sep 2024

Visco Vision (TWSE:6782)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Visco Vision Inc. manufactures and sells silicone hydrogel contact lenses across Asia, Europe, and the Americas, with a market cap of NT$15.12 billion.

Operations: Revenue from the manufacturing and trading of disposable contact lenses totals NT$3.06 billion.

Insider Ownership: 18.9%

Visco Vision Inc. demonstrates strong growth potential with high insider ownership, evidenced by a significant increase in earnings and revenue. For the second quarter of 2024, sales rose to TWD 905.07 million from TWD 535.63 million a year ago, while net income surged to TWD 143.83 million from TWD 56.89 million. Analysts project earnings to grow at an annual rate of 35%, significantly outpacing the market average, and forecast a stock price increase of nearly 29%.

TWSE:6782 Ownership Breakdown as at Sep 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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