3 TSX Growth Stocks With High Insider Ownership You Should Know

As markets await further clarity from the U.S. Federal Reserve's recent symposium in Jackson Hole, investors are keenly observing how monetary policy shifts might influence future growth opportunities. In such a climate, identifying companies with strong growth potential and high insider ownership can be particularly compelling for those looking to align their investments with confident internal stakeholders.

Top 10 Growth Companies With High Insider Ownership In Canada

Name	Insider Ownership	Earnings Growth
Vox Royalty (TSX:VOXR)	12.6%	70.7%
Allied Gold (TSX:AAUC)	22.5%	73.6%
Almonty Industries (TSX:AII)	17.7%	117.6%
goeasy (TSX:GSY)	21.3%	17.1%
Alvopetro Energy (TSXV:ALV)	19.4%	72.4%
Propel Holdings (TSX:PRL)	40%	37.2%
Aya Gold & Silver (TSX:AYA)	10.2%	60.9%
Medicenna Therapeutics (TSX:MDNA)	15.4%	57.2%
Alpha Cognition (CNSX:ACOG)	17.9%	69.5%
ROK Resources (TSXV:ROK)	16.6%	161.8%

Click here to see the full list of 36 stocks from our Fast Growing TSX Companies With High Insider Ownership screener.

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

Curaleaf Holdings (TSX:CURA)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Curaleaf Holdings, Inc. operates as a cannabis company in the United States and has a market cap of approximately CA$2.78 billion.

Operations: Curaleaf Holdings generates $1.36 billion from the cultivation, production, distribution, and sale of cannabis in the United States.

Insider Ownership: 19.9%

Curaleaf Holdings, a growth company with high insider ownership, is expanding its footprint with new dispensaries in Florida and Ohio. Despite past shareholder dilution, the company is forecasted to become profitable within three years and expects earnings to grow 78.22% annually. Recent Q2 results show revenue at US$342.29 million, up from US$335.55 million last year, though net loss decreased to US$48.89 million from US$71.24 million previously.

• Click to explore a detailed breakdown of our findings in Curaleaf Holdings' earnings growth report.
• The analysis detailed in our Curaleaf Holdings valuation report hints at an deflated share price compared to its estimated value.

Propel Holdings (TSX:PRL)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Propel Holdings Inc. operates as a financial technology company with a market cap of CA$991.98 million.

Operations: Propel Holdings generates revenue primarily from providing lending-related services to borrowers, banks, and other institutions, amounting to $382.44 million.

Insider Ownership: 40%

Propel Holdings has demonstrated strong growth, with earnings increasing by 74% over the past year and revenue for Q2 2024 reaching US$106.75 million, up from US$71.69 million a year ago. Earnings per share also rose significantly. Despite high insider ownership and no substantial recent insider buying, the company faces challenges with interest coverage on its debt. Propel's revenue is forecast to grow at 23.5% annually, outpacing the Canadian market's growth rate of 7%.

• Take a closer look at Propel Holdings' potential here in our earnings growth report.
• Our valuation report unveils the possibility Propel Holdings' shares may be trading at a premium.

TerraVest Industries (TSX:TVK)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: TerraVest Industries Inc. manufactures and sells goods and services to the energy, agriculture, mining, transportation, and other markets in Canada and the United States with a market cap of CA$1.88 billion.

Operations: The company's revenue segments include Service (CA$201.78 million), Processing Equipment (CA$117.58 million), Compressed Gas Equipment (CA$243.77 million), and HVAC and Containment Equipment (CA$292.90 million).

Insider Ownership: 21.9%

TerraVest Industries reported strong financial performance for Q3 2024, with revenue of C$238.13 million and net income of C$11.92 million, up from C$150.36 million and C$7.97 million respectively a year ago. Earnings per share also increased significantly. Despite no substantial insider buying recently, the firm has high insider ownership and earnings are forecast to grow at 21.1% annually, outpacing the Canadian market's growth rate of 15.5%. However, TerraVest carries a high level of debt and has experienced shareholder dilution over the past year.

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

Key Takeaways

• Discover the full array of 36 Fast Growing TSX Companies With High Insider Ownership right here.
• Hold shares in these firms? Setup your portfolio in Simply Wall St to seamlessly track your investments and receive personalized updates on your portfolio's performance.
• Elevate your portfolio with Simply Wall St, the ultimate app for investors seeking global market coverage.

Seeking Other Investments?

• 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