Top Growth Companies With Strong Insider Ownership November 2024

Simply Wall St · 11/26 05:01

As global markets approach record highs with broad-based gains, the recent drop in U.S. initial jobless claims and positive home sales reports have further fueled investor optimism despite ongoing geopolitical uncertainties. In this buoyant environment, stocks with strong insider ownership often signal confidence from those closest to the company, making them appealing candidates for growth-focused investors looking to align their interests with company insiders.

Top 10 Growth Companies With High Insider Ownership

Name Insider Ownership Earnings Growth
Kirloskar Pneumatic (BSE:505283) 30.3% 26.3%
Seojin SystemLtd (KOSDAQ:A178320) 31.1% 43.2%
SKS Technologies Group (ASX:SKS) 32.4% 24.8%
Archean Chemical Industries (NSEI:ACI) 22.9% 41.3%
Laopu Gold (SEHK:6181) 36.4% 34%
Medley (TSE:4480) 34% 31.7%
Findi (ASX:FND) 34.8% 71.5%
Global Tax Free (KOSDAQ:A204620) 19.9% 78.4%
Plenti Group (ASX:PLT) 12.8% 120.1%
UTI (KOSDAQ:A179900) 33.1% 134.6%

Click here to see the full list of 1530 stocks from our Fast Growing Companies With High Insider Ownership screener.

We're going to check out a few of the best picks from our screener tool.

NIBE Industrier (OM:NIBE B)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: NIBE Industrier AB (publ) is a company that develops, manufactures, markets, and sells energy-efficient solutions for indoor climate comfort and intelligent heating and control across the Nordic countries, Europe, North America, and internationally with a market cap of approximately SEK98.02 billion.

Operations: The company's revenue segments are comprised of SEK5.08 billion from Stoves, SEK13.24 billion from Element, and SEK33.89 billion from Climate Solutions.

Insider Ownership: 20.2%

Earnings Growth Forecast: 56.0% p.a.

NIBE Industrier's earnings are projected to grow significantly at 56% annually, outpacing the Swedish market's 15% growth rate. However, recent financial results show a decline with third-quarter sales dropping to SEK 9.97 billion from SEK 11.51 billion and net income falling to SEK 434 million from SEK 1.22 billion year-over-year. Despite these challenges, no substantial insider trading activity was reported in the past three months, indicating stable insider confidence amidst fluctuating performance metrics.

OM:NIBE B Ownership Breakdown as at Nov 2024
OM:NIBE B Ownership Breakdown as at Nov 2024

Beijing Fourth Paradigm Technology (SEHK:6682)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Beijing Fourth Paradigm Technology Co., Ltd. is an investment holding company that offers platform-centric artificial intelligence solutions in the People's Republic of China, with a market cap of HK$22.13 billion.

Operations: The company's revenue segments include CN¥3.00 billion from the Sage AI Platform, CN¥448.10 million from Sagegpt Aigs Services, and CN¥1.15 billion from Shift Intelligent Solutions.

Insider Ownership: 22.8%

Earnings Growth Forecast: 113.1% p.a.

Beijing Fourth Paradigm Technology is expected to achieve profitability within three years, with earnings projected to grow over 113% annually. Despite revenue growth forecasts of 19.3% per year, which surpass the Hong Kong market average, its return on equity is anticipated to be low at 2.4%. Recent inclusion in the S&P Global BMI Index and a new CFO appointment highlight strategic shifts. No significant insider trading activity has been reported recently.

SEHK:6682 Ownership Breakdown as at Nov 2024
SEHK:6682 Ownership Breakdown as at Nov 2024

Offcn Education Technology (SZSE:002607)

Simply Wall St Growth Rating: ★★★★★★

Overview: Offcn Education Technology Co., Ltd. operates as a multi-category vocational education institution in China with a market cap of CN¥20.23 billion.

Operations: Offcn Education Technology Co., Ltd. generates revenue through its diverse vocational education offerings in China.

Insider Ownership: 25.1%

Earnings Growth Forecast: 92.1% p.a.

Offcn Education Technology's earnings are forecast to grow 92.07% annually, with revenue expected to increase by 27.7% per year, outpacing the Chinese market average of 13.8%. Despite high volatility in its share price recently, the company is anticipated to become profitable within three years and achieve a return on equity of 39.6%. Recent nine-month results showed a decline in sales and net income compared to last year, indicating challenges despite growth prospects.

SZSE:002607 Ownership Breakdown as at Nov 2024
SZSE:002607 Ownership Breakdown as at Nov 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.