Swedish Growth Companies With High Insider Ownership To Watch In June 2024

As European markets grapple with political uncertainties and economic signals, Sweden's market presents a unique landscape for investors interested in growth companies with high insider ownership. Such firms often demonstrate alignment of interests between shareholders and management, which can be particularly appealing in the current volatile environment.

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%
InCoax Networks (OM:INCOAX)	17.9%	104.9%
Calliditas Therapeutics (OM:CALTX)	11.6%	52.9%
edyoutec (NGM:EDYOU)	14.6%	63.1%
Egetis Therapeutics (OM:EGTX)	17.6%	98.2%
Yubico (OM:YUBICO)	37.5%	43.4%
SaveLend Group (OM:YIELD)	24.9%	103.4%

Click here to see the full list of 82 stocks from our Fast Growing Swedish Companies With High Insider Ownership screener.

We're going to check out a few of the best picks from our screener tool.

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 39.11 billion.

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

Insider Ownership: 21%

Earnings Growth Forecast: 21.1% p.a.

Fortnox, a Swedish software company, exhibits promising growth with an expected annual revenue increase of 19.6%, outpacing the national market's 1.9%. Earnings are also set to rise significantly by 21.1% annually over the next three years, compared to Sweden's average of 14.1%. Despite these positives, insider transactions have not shown substantial buying activity recently. Additionally, Fortnox reported a robust first quarter in 2024 with net income reaching SEK 149 million, up from SEK 106 million the previous year.

• Delve into the full analysis future growth report here for a deeper understanding of Fortnox.
• Insights from our recent valuation report point to the potential overvaluation of Fortnox shares in the market.

Humble Group (OM:HUMBLE)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Humble Group AB operates in the refinement, development, and distribution of fast-moving consumer goods both in Sweden and internationally, with a market capitalization of approximately SEK 4.29 billion.

Operations: The company's revenue is generated through four primary segments: Future Snacking at SEK 935 million, Sustainable Care at SEK 2.24 billion, Quality Nutrition at SEK 1.51 billion, and Nordic Distribution at SEK 2.62 billion.

Insider Ownership: 22.2%

Earnings Growth Forecast: 72.8% p.a.

Humble Group, a Swedish company, is set to grow its revenue by 12% annually, outperforming the national market's 1.9%. Expected to turn profitable within three years, its recent first-quarter earnings showed significant improvement with sales reaching SEK 1.84 billion and net income at SEK 23 million. Despite this progress and insider buying activity, shareholder dilution occurred over the past year, and its forecasted return on equity remains modest at 9.1%.

• Take a closer look at Humble Group's potential here in our earnings growth report.
• The analysis detailed in our Humble Group valuation report hints at an deflated share price compared to its estimated value.

Yubico (OM:YUBICO)

Simply Wall St Growth Rating: ★★★★★★

Overview: Yubico AB specializes in providing authentication solutions for computers, networks, and online services, with a market capitalization of SEK 21.01 billion.

Operations: The company generates SEK 1.93 billion from its Security Software & Services segment.

Insider Ownership: 37.5%

Earnings Growth Forecast: 43.4% p.a.

Yubico AB, a Swedish growth company with high insider ownership, is poised for robust expansion with forecasted earnings growth of 43.4% annually and revenue increasing at 23.2% per year, significantly outpacing the Swedish market average. Despite recent substantial insider selling and shareholder dilution, the company's return on equity is expected to reach a strong 28%. However, profit margins have declined from last year's 16.9% to 8.6%. Recent product updates and leadership changes underscore Yubico’s focus on enhancing enterprise security solutions.

• Get an in-depth perspective on Yubico's performance by reading our analyst estimates report here.
• According our valuation report, there's an indication that Yubico's share price might be on the expensive side.

Taking Advantage

• Click here to access our complete index of 82 Fast Growing Swedish Companies With High Insider Ownership.
• Are any of these part of your asset mix? Tap into the analytical power of Simply Wall St's portfolio to get a 360-degree view on how they're shaping up.
• Simply Wall St is your key to unlocking global market trends, a free user-friendly app for forward-thinking investors.

Want To Explore Some Alternatives?

• 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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