Swedish Exchange Highlights: Three Growth Companies With High Insider Ownership

As global markets exhibit varied trends with Europe showing signs of recovery and the U.S. experiencing modest gains, the Swedish market also presents intriguing opportunities for investors interested in growth companies. High insider ownership in these firms often signals strong confidence from those who know the business best, making such stocks potentially attractive in the current economic climate where discerning solid investment prospects is crucial.

Top 10 Growth Companies With High Insider Ownership In Sweden

Name	Insider Ownership	Earnings Growth
CTT Systems (OM:CTT)	16.9%	21.6%
BioArctic (OM:BIOA B)	35.1%	50.9%
Sileon (OM:SILEON)	33.3%	109.3%
KebNi (OM:KEBNI B)	37.8%	90.4%
edyoutec (NGM:EDYOU)	14.6%	63.1%
Biovica International (OM:BIOVIC B)	12.7%	73.8%
InCoax Networks (OM:INCOAX)	17.9%	104.9%
Calliditas Therapeutics (OM:CALTX)	11.6%	52.9%
Yubico (OM:YUBICO)	37.5%	43.8%
SaveLend Group (OM:YIELD)	24.9%	103.4%

Click here to see the full list of 86 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.

BioArctic (OM:BIOA B)

Simply Wall St Growth Rating: ★★★★★★

Overview: BioArctic AB (publ) focuses on developing biological drugs for central nervous system disorders in Sweden, with a market capitalization of approximately SEK 19.52 billion.

Operations: The company generates its revenue primarily from the biotechnology segment, totaling SEK 252.21 million.

Insider Ownership: 35.1%

BioArctic, a Swedish biopharmaceutical company, has seen fluctuating financial performance with a significant net loss reported in Q1 2024. Despite this setback, the company is poised for recovery with an expected return to profitability within three years, supported by robust revenue growth projections significantly outpacing the market average. Recent strategic alliances and product approvals, like Leqembi® in South Korea for early Alzheimer's treatment, underscore its potential in innovative Alzheimer’s therapies. However, insider transactions have been minimal recently.

• Unlock comprehensive insights into our analysis of BioArctic stock in this growth report.
• Our comprehensive valuation report raises the possibility that BioArctic is priced lower than what may be justified by its financials.

Fortnox (OM:FNOX)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Fortnox AB operates in providing financial and administrative software solutions to small and medium-sized businesses, accounting firms, and organizations, with a market capitalization of approximately SEK 38.72 billion.

Operations: The company generates revenue through various segments including Core Products at SEK 698 million, Entrepreneurship at SEK 356 million, The Agency at SEK 327 million, and Marketplaces at SEK 150 million.

Insider Ownership: 21%

Fortnox, a Swedish software company, reported strong first-quarter earnings with significant year-over-year growth in sales and net income. While insider transactions were not substantial in volume over the past three months, Fortnox is expected to see continued revenue and profit growth. Forecasts suggest earnings will grow faster than the Swedish market average, with a very high predicted return on equity in three years. However, revenue growth projections are slightly below 20% per year.

• Get an in-depth perspective on Fortnox's performance by reading our analyst estimates report here.
• The valuation report we've compiled suggests that Fortnox's current price could be inflated.

AB Sagax (OM:SAGA A)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: AB Sagax (publ) is a property company with operations across Sweden, Finland, France, Benelux, Spain, Germany, and other European countries, boasting a market cap of SEK 94.29 billion.

Operations: The company generates its revenue primarily through real estate rentals, amounting to SEK 4.47 billion.

Insider Ownership: 28.3%

AB Sagax, a Swedish property investment firm, has shown robust earnings growth of 53.3% over the past year with expectations of significant annual profit increases at 33.5%. Despite this, its revenue growth forecast of 9.3% lags behind the desired 20% threshold for high-growth companies and is also impacted by large one-off items affecting quality of earnings. Additionally, recent substantial fixed-income offerings totaling €499.56 million indicate active capital management but raise concerns about debt not being well covered by operating cash flow.

• Click here and access our complete growth analysis report to understand the dynamics of AB Sagax.
• Our expertly prepared valuation report AB Sagax implies its share price may be too high.

Taking Advantage

• Navigate through the entire inventory of 86 Fast Growing Swedish Companies With High Insider Ownership here.
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Ready For A Different Approach?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
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• 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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