Top Growth Companies With High Insider Ownership On The Swedish Exchange In September 2024

In September 2024, the Swedish market has been buoyed by global economic trends, including the recent U.S. Federal Reserve rate cut that has injected optimism into equities worldwide. As investors navigate this favorable environment, identifying growth companies with high insider ownership can be particularly rewarding due to their potential for strong alignment between management and shareholder interests. Understanding what makes a good stock in this context involves looking at firms where insiders have significant stakes, suggesting confidence in future performance and a vested interest in long-term success.

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%
Biovica International (OM:BIOVIC B)	17.6%	78.5%
Magle Chemoswed Holding (OM:MAGLE)	14.9%	72.2%
BioArctic (OM:BIOA B)	34%	98.4%
Yubico (OM:YUBICO)	37.5%	42.3%
KebNi (OM:KEBNI B)	37.8%	86.1%
InCoax Networks (OM:INCOAX)	19.5%	115.5%
C-Rad (OM:CRAD B)	16.1%	33.9%

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

Let's review some notable picks from our screened stocks.

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 approximately SEK 431.19 billion.

Operations: The company's revenue segments include €37.20 million from Central, €878.70 million from Real Assets, and €1.28 billion from Private Capital.

Insider Ownership: 30.9%

EQT has demonstrated substantial earnings growth, with a 384.2% increase over the past year and forecasted annual profit growth of 35.4%, outpacing the Swedish market's 15.1%. However, recent months have seen significant insider selling, which may raise concerns. The company is actively involved in several high-profile M&A activities, including potential sales and acquisitions valued in billions of dollars, indicating strategic expansion efforts despite insider trading trends.

• Click here and access our complete growth analysis report to understand the dynamics of EQT.
• The valuation report we've compiled suggests that EQT's current price could be inflated.

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 SEK40.14 billion.

Operations: Fortnox'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 has shown robust financial performance with Q2 2024 revenue at SEK 521 million, up from SEK 413 million the previous year, and net income rising to SEK 164 million from SEK 127 million. Forecasts indicate annual revenue growth of over 20% and earnings growth of around 22.6%, both outpacing the Swedish market. Insider ownership remains strong with substantial recent purchases and no significant sales, reflecting confidence in its continued expansion.

• Unlock comprehensive insights into our analysis of Fortnox stock in this growth report.
• Insights from our recent valuation report point to the potential overvaluation of Fortnox shares in the market.

NIBE Industrier (OM:NIBE B)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: NIBE Industrier AB (publ) develops, manufactures, markets, and sells energy-efficient solutions for indoor climate comfort and intelligent heating and control components internationally, with a market cap of SEK98.10 billion.

Operations: NIBE Industrier AB's revenue segments include SEK35.22 billion from Climate Solutions, SEK13.48 billion from Element, and SEK5.33 billion from Stoves.

Insider Ownership: 20.2%

NIBE Industrier's earnings are forecast to grow significantly at 42.55% per year, outpacing the Swedish market's 15.1%. However, recent financial results show a decline with Q2 sales dropping to SEK 10.04 billion from SEK 11.83 billion and net income falling to SEK 219 million from SEK 1.32 billion year-over-year. Insider ownership is substantial, indicating confidence despite lower profit margins and interest payments not being well covered by earnings.

• Click here to discover the nuances of NIBE Industrier with our detailed analytical future growth report.
• Our comprehensive valuation report raises the possibility that NIBE Industrier is priced higher than what may be justified by its financials.

Summing It All Up

• Dive into all 91 of the Fast Growing Swedish Companies With High Insider Ownership we have identified 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.
• Invest smarter with the free Simply Wall St app providing detailed insights into every stock market around the globe.

Ready For A Different Approach?

• 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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