Swedish Growth Stocks With Strong Insider Confidence For October 2024

As global markets navigate a complex landscape of economic shifts, the Swedish market continues to attract attention with its robust growth potential and strategic insider investments. In this environment, companies with high insider ownership often signal strong confidence in their future prospects, making them compelling considerations for those interested in growth-oriented stocks.

Top 10 Growth Companies With High Insider Ownership In Sweden

Name	Insider Ownership	Earnings Growth
CTT Systems (OM:CTT)	16.9%	24.8%
Truecaller (OM:TRUE B)	29.7%	21.7%
Magle Chemoswed Holding (OM:MAGLE)	14.9%	72.2%
Biovica International (OM:BIOVIC B)	18.3%	78.5%
BioArctic (OM:BIOA B)	34%	98.4%
Yubico (OM:YUBICO)	37.5%	42.2%
InCoax Networks (OM:INCOAX)	20.1%	115.5%
KebNi (OM:KEBNI B)	36.3%	86.1%
C-Rad (OM:CRAD B)	16.1%	34%
OrganoClick (OM:ORGC)	23.1%	109.0%

Click here to see the full list of 80 stocks from our Fast Growing Swedish Companies With High Insider Ownership screener.

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

Attendo (OM:ATT)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Attendo AB (publ) operates in Scandinavia and Finland, offering health and care services, with a market cap of SEK7.66 billion.

Operations: The company generates revenue of SEK18.14 billion from its Care and Health Care Services segment.

Insider Ownership: 15.2%

Earnings Growth Forecast: 23.2% p.a.

Attendo demonstrates potential as a growth company with high insider ownership, despite some challenges. Recent earnings show increased sales and revenue, though net income declined in the last quarter. Earnings are forecast to grow significantly at over 20% annually, outpacing the Swedish market's average. However, revenue growth is expected to be moderate at 6% per year. The company trades well below its estimated fair value but faces issues with interest coverage and an unstable dividend history.

• Click here to discover the nuances of Attendo with our detailed analytical future growth report.
• Our valuation report unveils the possibility Attendo's shares may be trading at a discount.

KlaraBo Sverige (OM:KLARA B)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: KlaraBo Sverige AB (publ) is involved in acquiring, constructing, owning, and managing residential properties in Sweden, with a market cap of SEK2.97 billion.

Operations: The company's revenue primarily comes from Property Management, amounting to SEK611 million.

Insider Ownership: 16.6%

Earnings Growth Forecast: 74.1% p.a.

KlaraBo Sverige's revenue is forecast to grow 5% annually, outpacing the Swedish market's average of 1.2%. Despite this, its Return on Equity is expected to be low at 2% in three years. The company aims for profitability within the next three years, with earnings projected to grow by 74.14% per year. However, interest payments are not well covered by earnings, indicating potential financial challenges despite no significant insider trading activity recently.

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

Truecaller (OM:TRUE B)

Simply Wall St Growth Rating: ★★★★★★

Overview: Truecaller AB (publ) develops and publishes mobile caller ID applications for individuals and businesses across India, the Middle East, Africa, and internationally, with a market cap of SEK15.63 billion.

Operations: The company's revenue is primarily generated from its communications software segment, amounting to SEK1.72 billion.

Insider Ownership: 29.7%

Earnings Growth Forecast: 21.7% p.a.

Truecaller is poised for significant growth, with revenue and earnings forecasted to increase by over 20% annually, outpacing the Swedish market. The company is trading at nearly half its estimated fair value and has seen more insider buying than selling recently. Truecaller's strategic partnership with Halan enhances its Verified Business Caller ID solution's reach, while a recent executive appointment in India could bolster regulatory support. However, recent earnings showed a decline compared to the previous year.

• Click here and access our complete growth analysis report to understand the dynamics of Truecaller.
• Upon reviewing our latest valuation report, Truecaller's share price might be too pessimistic.

Key Takeaways

• Access the full spectrum of 80 Fast Growing Swedish Companies With High Insider Ownership by clicking on this link.
• Have you diversified into these companies? Leverage the power of Simply Wall St's portfolio to keep a close eye on market movements affecting your investments.
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Looking For Alternative Opportunities?

• 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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