Stock Analysis

Top Growth Companies With High Insider Ownership For September 2024

TPEX:8069
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As global markets rebound and growth stocks outpace value shares, investors are keenly observing the sectors driving this momentum. In this environment, companies with strong insider ownership often signal confidence in their future prospects, making them attractive targets for those seeking robust growth opportunities.

Top 10 Growth Companies With High Insider Ownership

NameInsider OwnershipEarnings Growth
Lavvi Empreendimentos Imobiliários (BOVESPA:LAVV3)11.9%20.6%
Atlas Energy Solutions (NYSE:AESI)29.1%42.1%
Archean Chemical Industries (NSEI:ACI)22.9%33.7%
People & Technology (KOSDAQ:A137400)16.5%35.6%
Arctech Solar Holding (SHSE:688408)38.6%29.9%
KebNi (OM:KEBNI B)37.8%86.1%
Credo Technology Group Holding (NasdaqGS:CRDO)14.1%94.1%
Adocia (ENXTPA:ADOC)11.9%63%
EHang Holdings (NasdaqGM:EH)32.8%81.5%
UTI (KOSDAQ:A179900)33.1%134.6%

Click here to see the full list of 1506 stocks from our Fast Growing Companies With High Insider Ownership screener.

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

Unisem (M) Berhad (KLSE:UNISEM)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Unisem (M) Berhad, with a market cap of MYR5.16 billion, provides semiconductor assembly and test services across Asia, Europe, and the United States through its subsidiaries.

Operations: The company generates MYR1.47 billion from the manufacturing of semiconductor devices and related services.

Insider Ownership: 30.5%

Earnings Growth Forecast: 37.8% p.a.

Unisem (M) Berhad, with significant insider ownership, is forecast to grow earnings significantly at 37.84% per year over the next three years, outpacing the Malaysian market's growth rate of 10.4%. However, its return on equity is projected to be low at 8.3%, and profit margins have declined from 9.6% to 5%. Recent earnings reports show increased sales but reduced net income compared to last year.

KLSE:UNISEM Ownership Breakdown as at Sep 2024
KLSE:UNISEM Ownership Breakdown as at Sep 2024

Nordic Semiconductor (OB:NOD)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Nordic Semiconductor ASA is a fabless semiconductor company that designs, sells, and delivers integrated circuits for short- and long-range wireless applications across Europe, the Americas, and the Asia Pacific with a market cap of NOK25.25 billion.

Operations: The company generates $445.67 million in revenue from the design and sale of integrated circuits and related solutions for wireless applications across Europe, the Americas, and the Asia Pacific.

Insider Ownership: 10.6%

Earnings Growth Forecast: 68.2% p.a.

Nordic Semiconductor, with high insider ownership, is forecast to grow earnings by 68.16% annually and become profitable within three years. Revenue is expected to increase by 18.7% per year, outpacing the Norwegian market's growth of 2.1%. Despite a recent quarterly net loss of US$15.05 million and a decline in sales to US$127.95 million, the company anticipates third-quarter revenue between US$150 million and US$170 million due to seasonally higher demand.

OB:NOD Earnings and Revenue Growth as at Sep 2024
OB:NOD Earnings and Revenue Growth as at Sep 2024

E Ink Holdings (TPEX:8069)

Simply Wall St Growth Rating: ★★★★★★

Overview: E Ink Holdings Inc. researches, develops, manufactures, and sells electronic paper display panels worldwide and has a market cap of NT$333.03 billion.

Operations: The company generates revenue primarily from electronic components and parts, amounting to NT$25.95 billion.

Insider Ownership: 10.8%

Earnings Growth Forecast: 35.8% p.a.

E Ink Holdings, with significant insider ownership, is forecast to grow revenue by 30.6% annually and earnings by 35.8% per year, outpacing the Taiwan market. Despite a recent decline in net income to TWD 2.02 billion for Q2 2024 from TWD 2.42 billion a year ago, the company remains undervalued at 28.9% below its fair value estimate and has announced major expansions including new production equipment worth TWD 1.49 billion and a syndicated loan of TWD 12 billion for operational capital enhancement.

TPEX:8069 Earnings and Revenue Growth as at Sep 2024
TPEX:8069 Earnings and Revenue Growth as at Sep 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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