Stock Analysis

3 Swedish Growth Stocks With Up To 35% Insider Ownership

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As global markets respond to anticipated interest rate cuts and economic adjustments, Sweden's Riksbank has also moved to reduce borrowing costs, signaling a potential shift in the investment landscape. In this context, identifying growth companies with substantial insider ownership can be particularly appealing for investors seeking stability and confidence in their stock choices. In this article, we explore three Swedish growth stocks that boast up to 35% insider ownership, highlighting how such investments can align well with current market dynamics.

Top 10 Growth Companies With High Insider Ownership In Sweden

NameInsider OwnershipEarnings Growth
CTT Systems (OM:CTT)16.9%24.8%
Truecaller (OM:TRUE B)29.5%21.6%
Fortnox (OM:FNOX)21.1%22.6%
Biovica International (OM:BIOVIC B)18.8%73.8%
Magle Chemoswed Holding (OM:MAGLE)14.9%72.2%
Yubico (OM:YUBICO)37.5%43.7%
BioArctic (OM:BIOA B)34%102.8%
KebNi (OM:KEBNI B)37.8%86.1%
Calliditas Therapeutics (OM:CALTX)12.7%51.9%
InCoax Networks (OM:INCOAX)19%115.5%

Click here to see the full list of 91 stocks from our Fast Growing Swedish Companies With High Insider Ownership screener.

Let's take a closer look at a couple of our picks from the screened companies.

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 SEK411.83 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%

EQT, a growth company with high insider ownership in Sweden, has seen significant earnings growth of 384.2% over the past year and forecasts annual profit growth of 56.8% per year. Insiders have been actively buying shares recently, indicating confidence in the company's future prospects. Despite slower revenue growth (17.9% per year) compared to peers, EQT's strategic M&A activities and share repurchase program highlight its commitment to enhancing shareholder value and capital structure optimization.

OM:EQT Earnings and Revenue Growth as at Aug 2024

AB Sagax (OM:SAGA A)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: AB Sagax (publ) is a property company operating across Sweden, Finland, France, Benelux, Spain, Germany, and other European countries with a market cap of SEK99.28 billion.

Operations: AB Sagax generates SEK4.63 billion in revenue from its Real Estate - Rental segment.

Insider Ownership: 28.6%

AB Sagax, with substantial insider ownership, has demonstrated impressive earnings growth of 196.5% over the past year and is forecasted to grow profits by 30.73% annually. Despite slower revenue growth at 8.7% per year compared to high-growth peers, its revenue is expected to outpace the Swedish market's average of 1.1%. Recent earnings results show significant improvement with net income rising from SEK 53 million to SEK 978 million in Q2, reflecting strong operational performance and strategic acquisitions.

OM:SAGA A Ownership Breakdown as at Aug 2024

Wallenstam (OM:WALL B)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Wallenstam AB (publ) is a Swedish property company with a market capitalization of SEK36.73 billion.

Operations: Wallenstam AB (publ) generates revenue primarily from its operations in Stockholm, which contribute SEK938 million, and Gothenburg, which add SEK1.94 billion.

Insider Ownership: 35%

Wallenstam, with high insider ownership, has shown a strong turnaround in profitability, reporting SEK 74 million net income in Q2 2024 compared to a net loss of SEK 218 million a year ago. Earnings are forecasted to grow significantly at 53.6% annually, outpacing the Swedish market's average growth rate. Recent initiatives like green leases and circular material flows have attracted new tenants and enhanced sustainability efforts. Despite low forecasted ROE and modest revenue growth (3.2% annually), Wallenstam remains focused on innovative property development strategies.

OM:WALL B Earnings and Revenue Growth as at Aug 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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