Stock Analysis

Top Swedish Growth Companies With High Insider Ownership In August 2024

OM:EQT
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As global markets exhibit mixed signals and the European indices experience varied performance, Sweden's market remains a focal point for investors seeking growth opportunities. In this climate, stocks with high insider ownership can offer unique advantages, as they often indicate strong confidence from those closest to the company.

Top 10 Growth Companies With High Insider Ownership In Sweden

NameInsider OwnershipEarnings Growth
CTT Systems (OM:CTT)16.9%24.8%
Magle Chemoswed Holding (OM:MAGLE)14.9%72.2%
Biovica International (OM:BIOVIC B)18.7%73.8%
InCoax Networks (OM:INCOAX)18.1%104.9%
BioArctic (OM:BIOA B)34%103.4%
KebNi (OM:KEBNI B)37.8%90.4%
Yubico (OM:YUBICO)37.5%43.8%
Calliditas Therapeutics (OM:CALTX)11.6%52.9%
SaveLend Group (OM:YIELD)23.3%103.4%
edyoutec (NGM:EDYOU)14.6%63.1%

Click here to see the full list of 90 stocks from our Fast Growing Swedish Companies With High Insider Ownership screener.

Here's a peek at a few of the choices from the screener.

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 SEK410.34 billion.

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

Insider Ownership: 31%

EQT AB has demonstrated significant growth potential, with earnings expected to grow at 56.71% annually, outpacing the Swedish market's 15.5%. Recent earnings reported a net income increase from €120 million to €282 million year-over-year. Insider ownership remains strong with more shares bought than sold in the past three months. The company is actively engaging in strategic M&A activities and share repurchase programs to optimize capital structure and support growth initiatives.

OM:EQT Ownership Breakdown as at Aug 2024
OM:EQT Ownership Breakdown as at Aug 2024

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 SEK40.28 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%

Fortnox is poised for substantial growth, with earnings forecasted to rise 22.63% annually, outpacing the Swedish market's 15.5%. Recent earnings reports show a significant increase in revenue and net income, with Q2 sales reaching SEK 515 million and net income at SEK 164 million. Insider ownership remains high, though recent insider buying has not been substantial. The stock trades at a discount of 13.4% below its estimated fair value.

OM:FNOX Ownership Breakdown as at Aug 2024
OM:FNOX Ownership Breakdown as at Aug 2024

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 SEK20.54 billion.

Operations: HMS Networks AB (publ) generates revenue of SEK3.01 billion from its Wireless Communications Equipment segment.

Insider Ownership: 12.6%

HMS Networks shows strong growth potential with earnings forecasted to grow 26.3% annually, significantly outpacing the Swedish market's 15.5%. Despite a recent dip in profit margins and net income, insider ownership remains high with more shares bought than sold recently. The company reported Q2 sales of SEK 845 million, up from SEK 703 million last year, though net income fell to SEK 34 million from SEK 116 million.

OM:HMS Ownership Breakdown as at Aug 2024
OM:HMS Ownership Breakdown 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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