Swedish Growth Companies With High Insider Ownership August 2024
Reviewed by Simply Wall St
As Sweden's Riksbank reduces borrowing costs and the European economy sees a boost from events like the Paris Olympics, investors are increasingly looking for growth opportunities within stable markets. High insider ownership often signals strong confidence in a company's future, making such stocks particularly attractive in today's market environment. In this article, we explore three Swedish growth companies with high insider ownership that stand out as potential investment opportunities.
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) | 29.5% | 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% |
| BioArctic (OM:BIOA B) | 34% | 101% |
| KebNi (OM:KEBNI B) | 37.8% | 86.1% |
| Yubico (OM:YUBICO) | 37.5% | 42.5% |
| InCoax Networks (OM:INCOAX) | 19% | 115.5% |
| Calliditas Therapeutics (OM:CALTX) | 12.7% | 51.9% |
Below we spotlight a couple of our favorites from our exclusive screener.
BioArctic (OM:BIOA B)
Simply Wall St Growth Rating: ★★★★★★
Overview: BioArctic AB (publ) develops biological drugs for central nervous system disorders in Sweden and has a market cap of SEK 15.35 billion.
Operations: BioArctic's revenue from biotechnology amounts to SEK 252.21 million.
Insider Ownership: 34%
BioArctic, a Swedish biopharmaceutical company, is notable for its high insider ownership and strong growth prospects. Despite recent volatility in share price, the company's revenue is forecast to grow at 39.5% annually, significantly outpacing the Swedish market. Insiders have been buying more shares than selling in the past three months. BioArctic's earnings are expected to grow by 100.98% per year and become profitable within three years, with analysts agreeing on a potential stock price rise of 75.1%.
- Take a closer look at BioArctic's potential here in our earnings growth report.
- The valuation report we've compiled suggests that BioArctic's current price could be quite moderate.
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 SEK36.64 billion.
Operations: Fortnox AB'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%
Fortnox, a Swedish software company, has seen substantial insider buying in the past three months, signaling confidence from those within. The company's earnings grew by 48.1% over the past year and are forecast to grow at 22.6% annually over the next three years, outpacing the broader Swedish market's growth rate. Recent quarterly results showed revenue of SEK 521 million and net income of SEK 164 million, reflecting strong financial performance. Analysts expect a potential stock price rise of 29.7%.
- Click here to discover the nuances of Fortnox with our detailed analytical future growth report.
- Insights from our recent valuation report point to the potential undervaluation of Fortnox shares in the market.
HMS Networks (OM:HMS)
Simply Wall St Growth Rating: ★★★★☆☆
Overview: HMS Networks AB (publ) provides products that enable industrial equipment to communicate and share information globally, with a market cap of SEK22.16 billion.
Operations: HMS Networks AB (publ) generates revenue primarily from its Wireless Communications Equipment segment, which accounts for SEK3.01 billion.
Insider Ownership: 12.6%
HMS Networks, a Swedish industrial communication technology firm, has seen more insider buying than selling in the past three months. Despite high debt levels, its earnings are forecast to grow significantly at 29.6% per year, outpacing the market's 16%. Recent quarterly results showed sales of SEK 845 million but a drop in net income to SEK 34 million from SEK 116 million last year. Profit margins have also decreased from 20.1% to 14%.
- Navigate through the intricacies of HMS Networks with our comprehensive analyst estimates report here.
- Our valuation report here indicates HMS Networks may be overvalued.
Summing It All Up
- Gain an insight into the universe of 91 Fast Growing Swedish Companies With High Insider Ownership by clicking here.
- Got skin in the game with these stocks? Elevate how you manage them by using Simply Wall St's portfolio, where intuitive tools await to help optimize your investment outcomes.
- Unlock the power of informed investing with Simply Wall St, your free guide to navigating stock markets worldwide.
Contemplating Other Strategies?
- 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.
New: AI Stock Screener & Alerts
Our new AI Stock Screener scans the market every day to uncover opportunities.
• Dividend Powerhouses (3%+ Yield)
• Undervalued Small Caps with Insider Buying
• High growth Tech and AI Companies
Or build your own from over 50 metrics.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
About OM:FNOX
Fortnox
Provides products, packages, and integrations for financial and administration applications in small and medium sized businesses, accounting firms, and organizations.
Exceptional growth potential with outstanding track record.
