Top Swedish Growth Stocks With High Insider Ownership In August 2024

As global markets experience volatility and economic data from the U.S. sparks concerns, the Swedish market remains a focal point for investors seeking stability and growth. In this context, stocks with high insider ownership often signal confidence from those closest to the company, making them particularly attractive during uncertain times. Understanding what makes a good stock is crucial; companies with strong growth potential and significant insider ownership can offer compelling opportunities in today's market environment.

Top 10 Growth Companies With High Insider Ownership In Sweden

Name	Insider Ownership	Earnings Growth
CTT Systems (OM:CTT)	16.9%	24.8%
Biovica International (OM:BIOVIC B)	18.7%	73.8%
Magle Chemoswed Holding (OM:MAGLE)	14.9%	72.2%
Yubico (OM:YUBICO)	37.5%	43.8%
InCoax Networks (OM:INCOAX)	18.1%	104.9%
BioArctic (OM:BIOA B)	34%	104.2%
KebNi (OM:KEBNI B)	37.8%	90.4%
Calliditas Therapeutics (OM:CALTX)	11.6%	52.9%
edyoutec (NGM:EDYOU)	13.4%	63.1%
SaveLend Group (OM:YIELD)	23.3%	103.4%

Click here to see the full list of 88 stocks from our Fast Growing Swedish Companies With High Insider Ownership screener.

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

CTT Systems (OM:CTT)

Simply Wall St Growth Rating: ★★★★★★

Overview: CTT Systems AB (publ) designs, manufactures, and sells humidity control systems for aircraft in Sweden, Denmark, France, the United States, and internationally with a market cap of SEK3.31 billion.

Operations: The company's revenue segment is primarily derived from Aerospace & Defense, amounting to SEK317.70 million.

Insider Ownership: 16.9%

CTT Systems, a growth company with high insider ownership in Sweden, has seen substantial insider buying over the past three months. The company's earnings are forecast to grow significantly at 24.8% annually, outpacing the Swedish market's 15.8%. Recent Q2 results showed steady revenue and net income growth year-over-year. Sales guidance for H2 2024 projects a 3% to 16% increase from last year, indicating strong future performance driven by robust demand for its humidification products in aircraft interiors.

• Navigate through the intricacies of CTT Systems with our comprehensive analyst estimates report here.
• According our valuation report, there's an indication that CTT Systems' share price might be on the cheaper side.

Medicover (OM:MCOV B)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Medicover AB (publ) offers healthcare and diagnostic services in Poland, Sweden, and internationally with a market cap of SEK27.39 billion.

Operations: Medicover generates revenue from Diagnostic Services (€610 million) and Healthcare Services (€1.32 billion).

Insider Ownership: 11.1%

Medicover's earnings are forecast to grow significantly at 41.35% annually, surpassing the Swedish market's 15.8%. Recent Q2 results showed sales of €509.4 million and net income of €6.3 million, both up from last year. Insider activity has seen more buying than selling recently, although not in substantial volumes. The company expects organic revenue to exceed €2.2 billion by year-end 2025, reflecting strong growth prospects despite low forecasted Return on Equity (14.9%).

• Delve into the full analysis future growth report here for a deeper understanding of Medicover.
• The analysis detailed in our Medicover valuation report hints at an inflated share price compared to its estimated value.

Scandi Standard (OM:SCST)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Scandi Standard AB (publ) produces and sells chilled, frozen, and ready-to-eat chicken products across various countries including Sweden, Norway, Ireland, Denmark, Finland, Germany, the United Kingdom, and other international markets with a market cap of SEK5.23 billion.

Operations: The company's revenue segments are comprised of Ready-To-Cook products at SEK9.70 billion and Ready-To-Eat products at SEK2.61 billion.

Insider Ownership: 14.6%

Scandi Standard's earnings are forecast to grow 20.39% annually, outpacing the Swedish market's 15.8%. Recent insider activity shows substantial buying over the past three months, indicating strong confidence from within. However, the company faces challenges with a high level of debt and an unstable dividend track record. Recent Q2 results reported sales of SEK 3,350 million and net income of SEK 71 million. The new sustainability-linked bank loan agreement aims to secure long-term financing for growth initiatives.

• Get an in-depth perspective on Scandi Standard's performance by reading our analyst estimates report here.
• Insights from our recent valuation report point to the potential undervaluation of Scandi Standard shares in the market.

Where To Now?

• Embark on your investment journey to our 88 Fast Growing Swedish Companies With High Insider Ownership selection here.
• Already own these companies? Bring clarity to your investment decisions by linking up your portfolio with Simply Wall St, where you can monitor all the vital signs of your stocks effortlessly.
• Invest smarter with the free Simply Wall St app providing detailed insights into every stock market around the globe.

Searching for a Fresh Perspective?

• 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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