Three Growth Companies With High Insider Ownership To Watch

As global markets celebrate the prospect of upcoming interest rate cuts, with the Dow Jones Industrial Average and S&P 500 Index nearing record highs, investors are increasingly looking for growth opportunities. In this favorable environment, companies with high insider ownership often stand out as promising candidates due to the confidence their executives have in their future prospects.

Top 10 Growth Companies With High Insider Ownership

Name	Insider Ownership	Earnings Growth
Atlas Energy Solutions (NYSE:AESI)	29.1%	42.7%
Gaming Innovation Group (OB:GIG)	26.7%	37.4%
Medley (TSE:4480)	34%	30.5%
On Holding (NYSE:ONON)	28.4%	24.4%
KebNi (OM:KEBNI B)	37.8%	86.1%
Calliditas Therapeutics (OM:CALTX)	12.7%	51.9%
Credo Technology Group Holding (NasdaqGS:CRDO)	14.3%	60.9%
Adveritas (ASX:AV1)	21.1%	103.9%
Adocia (ENXTPA:ADOC)	11.9%	63%
Vow (OB:VOW)	31.7%	97.7%

Click here to see the full list of 1497 stocks from our Fast Growing Companies With High Insider Ownership screener.

Let's explore several standout options from the results in the screener.

Ming Yang Smart Energy Group (SHSE:601615)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Ming Yang Smart Energy Group Limited is involved in the research, design, manufacture, sale, maintenance, and operation of energy equipment and wind turbines in China with a market cap of CN¥18.56 billion.

Operations: The company's revenue segments include the development, design, manufacture, sale, maintenance, and operation of energy equipment and wind turbines in China.

Insider Ownership: 15.7%

Earnings Growth Forecast: 38.3% p.a.

Ming Yang Smart Energy Group, with high insider ownership, is projected to see annual earnings growth of 38.29% over the next three years, outpacing the Chinese market's 21.9%. Despite a lower-than-market P/E ratio of 21.4x and revenue growth forecasted at 15.6% annually, profit margins have declined from 6.9% to 3%. Recent corporate actions include changes in registered capital and amendments to bylaws following equity incentive adjustments and significant share repurchases.

• Unlock comprehensive insights into our analysis of Ming Yang Smart Energy Group stock in this growth report.
• Our valuation report unveils the possibility Ming Yang Smart Energy Group's shares may be trading at a premium.

Hubei Feilihua Quartz Glass (SZSE:300395)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Hubei Feilihua Quartz Glass Co., Ltd. manufactures and sells quartz material and quartz fiber products worldwide, with a market cap of CN¥15.01 billion.

Operations: Hubei Feilihua Quartz Glass Co., Ltd.'s revenue segments include quartz material and quartz fiber products.

Insider Ownership: 18%

Earnings Growth Forecast: 32.1% p.a.

Hubei Feilihua Quartz Glass, with significant insider ownership, is forecasted to achieve annual earnings growth of 32.1% over the next three years, surpassing the Chinese market's 21.9%. Despite a recent dip in half-year revenue to CNY 914.91 million and net income to CNY 172.25 million, the company has actively repurchased shares worth CNY 33.69 million this year, indicating strong confidence from insiders in future performance.

• Dive into the specifics of Hubei Feilihua Quartz Glass here with our thorough growth forecast report.
• Insights from our recent valuation report point to the potential overvaluation of Hubei Feilihua Quartz Glass shares in the market.

Shin Zu Shing (TWSE:3376)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Shin Zu Shing Co., Ltd. operates in the research, design, development, production, assembly, testing, manufacturing, and trading of precision springs, stamping parts, hinge components, CNC lathes, and metal injection molding across Taiwan, Singapore and China with a market cap of NT$41.77 billion.

Operations: The company's revenue segments include NT$11.61 billion from pivot products, NT$374.17 million from MIM products, and NT$114.05 million from milled car parts products.

Insider Ownership: 23.1%

Earnings Growth Forecast: 20.4% p.a.

Shin Zu Shing, with high insider ownership, is forecasted to grow its earnings by 20.4% annually over the next three years, outpacing the TW market's 18.7%. Despite a volatile share price and a dividend yield of 1.8% not well covered by free cash flows, recent Q2 results showed impressive growth: sales rose to TWD 3.48 billion from TWD 2.34 billion year-over-year, with net income doubling to TWD 410.17 million.

• Click to explore a detailed breakdown of our findings in Shin Zu Shing's earnings growth report.
• The valuation report we've compiled suggests that Shin Zu Shing's current price could be inflated.

Make It Happen

• Click here to access our complete index of 1497 Fast Growing Companies With High Insider Ownership.
• Have a stake in these businesses? Integrate your holdings into Simply Wall St's portfolio for notifications and detailed stock reports.
• Discover a world of investment opportunities with Simply Wall St's free app and access unparalleled stock analysis across all markets.

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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com