Stock Analysis

Insider-Owned Growth Companies To Watch In June 2024

CPSE:AMBU B
Source: Shutterstock

As global markets navigate through a landscape of mixed economic signals and fluctuating indices, investors are closely monitoring trends that could influence their portfolios. Amidst this backdrop, growth companies with high insider ownership present a compelling narrative, as such alignment often suggests confidence from those who know the company best.

Top 10 Growth Companies With High Insider Ownership

NameInsider OwnershipEarnings Growth
Hartshead Resources (ASX:HHR)13.9%86.3%
Gaming Innovation Group (OB:GIG)13.5%36.2%
KebNi (OM:KEBNI B)37.8%90.4%
Seojin SystemLtd (KOSDAQ:A178320)26.4%48.1%
Credo Technology Group Holding (NasdaqGS:CRDO)15%84.1%
Calliditas Therapeutics (OM:CALTX)11.6%52.9%
La Française de l'Energie (ENXTPA:FDE)20.1%37.7%
Vow (OB:VOW)31.8%97.6%
Adocia (ENXTPA:ADOC)12.1%104.5%
OSE Immunotherapeutics (ENXTPA:OSE)25.6%79.3%

Click here to see the full list of 1468 stocks from our Fast Growing Companies With High Insider Ownership screener.

Underneath we present a selection of stocks filtered out by our screen.

Ambu (CPSE:AMBU B)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Ambu A/S is a global medical device company that develops, produces, and sells products to hospitals, clinics, and rescue services, with a market capitalization of approximately DKK 36.75 billion.

Operations: The company generates revenue primarily through its Disposable Medical Products segment, totaling DKK 5.08 billion.

Insider Ownership: 24.9%

Ambu A/S, a company with high insider ownership, recently reported substantial growth in earnings and sales for the second quarter of 2024. Earnings per share significantly increased from DKK 0.06 to DKK 0.54 year-over-year, reflecting robust profit growth (25.6% annually) that surpasses the Danish market average (13.2%). Despite this positive performance, Ambu's forecasted return on equity remains low at 11.7%, suggesting potential challenges in maintaining profitability relative to shareholder equity in the longer term.

CPSE:AMBU B Earnings and Revenue Growth as at Jun 2024
CPSE:AMBU B Earnings and Revenue Growth as at Jun 2024

Top Glove Corporation Bhd (KLSE:TOPGLOV)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Top Glove Corporation Bhd is a Malaysian-based company that specializes in the manufacturing, trading, and selling of gloves globally, with a market capitalization of approximately MYR 8.73 billion.

Operations: The company's primary revenue of MYR 2.05 billion is generated from its gloves manufacturing industry.

Insider Ownership: 29.9%

Top Glove Corporation Bhd., a company with high insider ownership, has seen significant insider buying over the past three months, indicating confidence from those closest to the company. The firm is expected to become profitable within the next three years, with revenue growth projected at 32.9% per year, outpacing the Malaysian market's 6.1%. However, its return on equity is forecasted to be low at 4.4%, suggesting potential efficiency challenges in generating shareholder returns despite these growth prospects.

KLSE:TOPGLOV Earnings and Revenue Growth as at Jun 2024
KLSE:TOPGLOV Earnings and Revenue Growth as at Jun 2024

On Holding (NYSE:ONON)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: On Holding AG is a global company that specializes in the development and distribution of sports products, with a market capitalization of approximately $13.96 billion.

Operations: The company generates CHF 1.88 billion primarily from its athletic footwear segment.

Insider Ownership: 28.5%

On Holding AG, characterized by high insider ownership, is poised for substantial growth with earnings expected to increase by 25.9% annually, outstripping the US market forecast of 14.7%. Revenue growth is also robust at 19.3% per year, surpassing the market prediction of 8.5%. However, its projected return on equity remains modest at 19.8%. Recently, On has enhanced its board's expertise and launched the Cloudeasy Cyclon shoe under a sustainable initiative with Loop Industries, showcasing innovation and commitment to environmental responsibility.

NYSE:ONON Ownership Breakdown as at Jun 2024
NYSE:ONON Ownership Breakdown as at Jun 2024

Taking Advantage

Ready To Venture Into Other Investment Styles?

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.

Valuation is complex, but we're helping make it simple.

Find out whether Ambu is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

View the Free Analysis

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