Top Swedish Growth Companies With High Insider Ownership In September 2024

In September 2024, the Swedish market has shown resilience amidst global economic uncertainties, with local indices reflecting a relatively stable performance compared to other regions. As investors navigate these challenging times, growth companies with high insider ownership often stand out due to their potential for robust performance and alignment of interests between management and shareholders. In this context, identifying stocks where insiders hold significant stakes can be particularly appealing. High insider ownership typically indicates confidence in the company's future prospects and can be a key factor in driving long-term growth.

Top 10 Growth Companies With High Insider Ownership In Sweden

Name	Insider Ownership	Earnings Growth
CTT Systems (OM:CTT)	16.9%	24.8%
Truecaller (OM:TRUE B)	29.6%	21.6%
Fortnox (OM:FNOX)	21.1%	22.6%
Magle Chemoswed Holding (OM:MAGLE)	14.9%	72.2%
Yubico (OM:YUBICO)	37.5%	42.3%
Biovica International (OM:BIOVIC B)	18.8%	73.1%
BioArctic (OM:BIOA B)	34%	98.4%
KebNi (OM:KEBNI B)	37.8%	86.1%
InCoax Networks (OM:INCOAX)	19.5%	115.5%
OrganoClick (OM:ORGC)	23.1%	109.0%

Click here to see the full list of 93 stocks from our Fast Growing Swedish Companies With High Insider Ownership screener.

Let's dive into some prime choices out of the screener.

EQT (OM:EQT)

Simply Wall St Growth Rating: ★★★★★☆

Overview: EQT AB (publ) is a global private equity firm specializing in private capital and real asset segments, with a market cap of SEK399.29 billion.

Operations: EQT AB (publ) generates revenue primarily from its Private Capital segment (€1.28 billion), Real Assets segment (€878.70 million), and Central operations (€37.20 million).

Insider Ownership: 30.9%

Earnings Growth Forecast: 35.9% p.a.

EQT, a Swedish private equity firm, demonstrates significant insider ownership and robust growth potential. Despite recent substantial insider selling, the company's earnings are forecast to grow significantly at 35.9% per year, outpacing the Swedish market's 15.3%. EQT trades at 5.2% below its estimated fair value and is involved in multiple high-profile M&A activities, including potential bids for Singapore Post Limited's Australian business and AGS Health LLC, reflecting its aggressive expansion strategy.

• Click here to discover the nuances of EQT with our detailed analytical future growth report.
• Insights from our recent valuation report point to the potential overvaluation of EQT shares in the market.

Fortnox (OM:FNOX)

Simply Wall St Growth Rating: ★★★★★★

Overview: Fortnox AB (publ) offers financial and administrative software solutions for small and medium-sized businesses, accounting firms, and organizations, with a market cap of SEK37.27 billion.

Operations: The company's revenue segments include Businesses (SEK378 million), Marketplaces (SEK160 million), Core Products (SEK734 million), Accounting Firms (SEK352 million), and Financial Services (SEK249 million).

Insider Ownership: 21.1%

Earnings Growth Forecast: 22.6% p.a.

Fortnox, a Swedish software firm, showcases high insider ownership and promising growth potential. The company's earnings grew by 48.1% over the past year and are forecast to grow 22.6% annually, outpacing the Swedish market's 15.3%. Recent reports show Q2 sales of SEK 515 million and net income of SEK 164 million, both up from last year. Trading at 21.9% below its fair value with substantial insider buying in recent months adds to its investment appeal.

• Click here and access our complete growth analysis report to understand the dynamics of Fortnox.
• Our valuation report unveils the possibility Fortnox's shares may be trading at a discount.

Sectra (OM:SECT B)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Sectra AB (publ) operates in the medical IT and cybersecurity sectors across Sweden, the United Kingdom, the Netherlands, and other parts of Europe, with a market cap of SEK50.79 billion.

Operations: Sectra's revenue segments include Imaging IT Solutions generating SEK2.67 billion, Secure Communications contributing SEK388.55 million, and Business Innovation with SEK90.77 million.

Insider Ownership: 30.3%

Earnings Growth Forecast: 21.2% p.a.

Sectra, a Swedish medical technology firm, exhibits strong insider ownership and solid growth prospects. Recent Q1 earnings show a notable increase in sales to SEK 736.75 million from SEK 601.71 million year-over-year, with net income rising to SEK 80.4 million from SEK 61.56 million. The company's revenue is forecasted to grow at an annual rate of 14.2%, while earnings are expected to increase by 21.2% annually, outpacing the broader market's growth rates significantly.

• Delve into the full analysis future growth report here for a deeper understanding of Sectra.
• Upon reviewing our latest valuation report, Sectra's share price might be too optimistic.

Turning Ideas Into Actions

• Click this link to deep-dive into the 93 companies within our Fast Growing Swedish Companies With High Insider Ownership screener.
• 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.
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Curious About Other Options?

• 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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