Top 3 Growth Stocks With Insider Ownership Expecting Up To 40% Earnings Growth

In a week marked by significant volatility in global markets, with major indices experiencing notable swings and concerns about economic growth persisting, investors are seeking stability and potential high returns. Amid these turbulent conditions, stocks with strong insider ownership often signal confidence from those closest to the company, making them attractive options for those looking for growth opportunities.

Top 10 Growth Companies With High Insider Ownership

Name	Insider Ownership	Earnings Growth
Lavvi Empreendimentos Imobiliários (BOVESPA:LAVV3)	11.9%	21.2%
Atlas Energy Solutions (NYSE:AESI)	29.1%	42.6%
People & Technology (KOSDAQ:A137400)	16.5%	35.6%
On Holding (NYSE:ONON)	28.4%	24.7%
Global Tax Free (KOSDAQ:A204620)	21.4%	90.6%
Seojin SystemLtd (KOSDAQ:A178320)	29.6%	58.7%
Credo Technology Group Holding (NasdaqGS:CRDO)	14.4%	60.9%
EHang Holdings (NasdaqGM:EH)	32.8%	74.9%
HANA Micron (KOSDAQ:A067310)	20%	97.4%
UTI (KOSDAQ:A179900)	33.1%	122.7%

Click here to see the full list of 1482 stocks from our Fast Growing Companies With High Insider Ownership screener.

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

Afya (NasdaqGS:AFYA)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Afya Limited is a Brazilian medical education group with a market cap of $1.56 billion.

Operations: Afya Limited's revenue segments include R$2.59 billion from Undergrad and R$154.03 million from Continuing Education, with a Segment Adjustment of R$232.32 million.

Insider Ownership: 24.7%

Earnings Growth Forecast: 21.8% p.a.

Afya's earnings are forecast to grow significantly, outpacing the US market with a 21.8% annual growth rate. The company trades at a good value compared to peers, despite its Return on Equity being lower than desired in three years. Recent financial guidance projects net revenue between BRL 3.23 billion and BRL 3.33 billion for 2024, reflecting strong performance with Q2 sales of BRL 809.89 million and net income of BRL 158.21 million, both up from last year.

• Click here to discover the nuances of Afya with our detailed analytical future growth report.
• The analysis detailed in our Afya valuation report hints at an deflated share price compared to its estimated value.

Saudi Automotive Services (SASE:4050)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Saudi Automotive Services Company owns and operates a network of vehicle service stations in Saudi Arabia, with a market cap of SAR4.89 billion.

Operations: The company's revenue segments include Saudi Club (SAR29.15 million), Fleet Transport (SAR55.84 million), and Retail and Operating (including Oil Company Petroleum Services) (SAR9.60 billion).

Insider Ownership: 12.5%

Earnings Growth Forecast: 29.8% p.a.

Saudi Automotive Services' earnings are forecast to grow 29.77% annually, significantly outpacing the Saudi Arabian market's 6.5%. Despite high volatility in its share price and a low Return on Equity forecast of 19.2%, the company has substantial insider ownership, which can align management interests with shareholders. Recent Q2 results showed SAR 2.49 billion in sales and SAR 12.85 million in net income, indicating robust performance amidst executive changes and amended bylaws to strengthen governance.

• Get an in-depth perspective on Saudi Automotive Services' performance by reading our analyst estimates report here.
• Insights from our recent valuation report point to the potential overvaluation of Saudi Automotive Services shares in the market.

M31 Technology (TPEX:6643)

Simply Wall St Growth Rating: ★★★★★★

Overview: M31 Technology Corporation offers silicon intellectual property (IP) design services in the integrated circuit industry and has a market cap of NT$40.76 billion.

Operations: M31 Technology Corporation generates revenue primarily from Semiconductor Equipment and Services, amounting to NT$1.72 billion.

Insider Ownership: 27%

Earnings Growth Forecast: 40.7% p.a.

M31 Technology's recent strategic alliance with Tower Semiconductor and the launch of new LPDDR memory IP solutions underscore its commitment to innovation in high-performance computing and AI markets. Despite a volatile share price, the company reported strong Q2 earnings with TWD 429.38 million in sales and TWD 109.86 million in net income. With substantial insider ownership, M31 is poised for significant revenue growth, forecasted at 26% annually, outpacing the broader TW market's growth rate.

• Dive into the specifics of M31 Technology here with our thorough growth forecast report.
• In light of our recent valuation report, it seems possible that M31 Technology is trading beyond its estimated value.

Key Takeaways

• Take a closer look at our Fast Growing Companies With High Insider Ownership list of 1482 companies by clicking here.
• Already own these companies? Link your portfolio to Simply Wall St and get alerts on any new warning signs to your stocks.
• Maximize your investment potential with Simply Wall St, the comprehensive app that offers global market insights for free.

Contemplating Other Strategies?

• 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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