Stock Analysis

Swedish Exchange Growth Leaders With Insider Ownership Reaching 22%

OM:HUMBLE
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As global markets exhibit mixed signals with some regions showing robust gains while others navigate through economic softness, the Swedish market presents a unique landscape for investors. In this context, companies with high insider ownership can be particularly compelling, as such ownership often aligns with strong confidence in the company's future prospects and stability amidst broader market volatility.

Top 10 Growth Companies With High Insider Ownership In Sweden

NameInsider OwnershipEarnings Growth
CTT Systems (OM:CTT)16.9%21.6%
Sun4Energy Group (NGM:SUN4)12.6%49.6%
BioArctic (OM:BIOA B)35.1%48.2%
Spago Nanomedical (OM:SPAGO)16.1%52.1%
Calliditas Therapeutics (OM:CALTX)11.6%49.9%
InCoax Networks (OM:INCOAX)14.9%104.9%
KebNi (OM:KEBNI B)37.8%90.4%
Egetis Therapeutics (OM:EGTX)17.6%98.4%
SaveLend Group (OM:YIELD)24.8%88.5%
Yubico (OM:YUBICO)37.5%43%

Click here to see the full list of 81 stocks from our Fast Growing Swedish Companies With High Insider Ownership screener.

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

Attendo (OM:ATT)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Attendo AB (publ) operates in the health and care services sector across Scandinavia and Finland, with a market capitalization of approximately SEK 6.91 billion.

Operations: The company generates its revenue primarily from care and health care services, totaling SEK 17.63 billion.

Insider Ownership: 14.9%

Attendo, a Swedish growth company with significant insider ownership, demonstrates robust potential through its strategic share buybacks and consistent dividend payments, signaling confidence in its financial health. Recently reporting a substantial year-over-year earnings increase and outpacing the Swedish market's revenue growth expectations, Attendo shows promising profitability forecasts. However, challenges such as an unstable dividend track record and the upcoming departure of a key executive might affect continuity and investor sentiment.

OM:ATT Ownership Breakdown as at May 2024
OM:ATT Ownership Breakdown as at May 2024

Humble Group (OM:HUMBLE)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Humble Group AB, a company based in Sweden, refines, develops, and distributes fast-moving consumer goods both domestically and internationally, with a market capitalization of SEK 4.42 billion.

Operations: The firm operates primarily in the refinement, development, and distribution of fast-moving consumer goods across both Swedish and international markets.

Insider Ownership: 22.2%

Humble Group, a Swedish growth entity with considerable insider transactions, recently showed improved financials with Q1 sales rising to SEK 1.84 billion and a shift to a net income of SEK 23 million from a prior loss. Trading at 45.6% below estimated fair value and expecting revenue growth above market forecasts, the company is poised for profitability within three years despite a forecast of low return on equity at 9.1%. Insider buying trends support positive sentiment without substantial selling reported recently.

OM:HUMBLE Earnings and Revenue Growth as at May 2024
OM:HUMBLE Earnings and Revenue Growth as at May 2024

Storytel (OM:STORY B)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Storytel AB (publ) operates as a provider of audiobooks and e-books streaming services, with a market capitalization of approximately SEK 4.31 billion.

Operations: The company generates its revenue primarily through the streaming of audiobooks and e-books.

Insider Ownership: 19.7%

Storytel, a Swedish audiobook service, recently reported improved Q1 earnings with sales reaching SEK 891.89 million and a reduced net loss of SEK 24.82 million. Despite significant board changes including a new Chair, the company is navigating leadership transitions as it prepares for a CEO change in fall 2024. Trading significantly below its estimated fair value, Storytel shows promise with expected revenue growth outpacing the Swedish market average and forecasts indicating profitability within three years. Insider buying trends suggest confidence among those closest to the company.

OM:STORY B Ownership Breakdown as at May 2024
OM:STORY B Ownership Breakdown as at May 2024

Where To Now?

Interested In Other Possibilities?

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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