3 Growth Companies On The ASX With Up To 31% Insider Ownership

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In the last week, the Australian market has stayed flat, with notable gains in the Real Estate sector at 3.3%. As the market is up 11% over the past year and earnings are forecast to grow by 12% annually, identifying growth companies with high insider ownership can be a promising strategy for investors looking to capitalize on these trends.

Top 10 Growth Companies With High Insider Ownership In Australia

Name

Insider Ownership

Earnings Growth

Clinuvel Pharmaceuticals (ASX:CUV)

10.4%

27.4%

Emerald Resources (ASX:EMR)

18.4%

30.1%

Catalyst Metals (ASX:CYL)

17%

61.8%

AVA Risk Group (ASX:AVA)

15.7%

118.8%

Pointerra (ASX:3DP)

18.7%

126.4%

Liontown Resources (ASX:LTR)

16.4%

69.7%

Acrux (ASX:ACR)

14.6%

91.6%

Hillgrove Resources (ASX:HGO)

10.4%

70.5%

Adveritas (ASX:AV1)

21.1%

144.2%

Plenti Group (ASX:PLT)

12.8%

106.4%

Click here to see the full list of 96 stocks from our Fast Growing ASX Companies With High Insider Ownership screener.

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

Mineral Resources

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Mineral Resources Limited, with a market cap of A$7.41 billion, operates as a mining services company in Australia, Asia, and internationally through its subsidiaries.

Operations: Mineral Resources Limited generates revenue primarily from Mining Services (A$3.38 billion), Iron Ore (A$2.58 billion), Lithium (A$1.41 billion), Energy (A$16 million), and Other Commodities (A$19 million).

Insider Ownership: 11.7%

Mineral Resources Limited shows strong growth potential with insider ownership remaining stable. Despite a dip in net income to A$125 million for FY2024, earnings are forecasted to grow significantly at 38.7% annually over the next three years. Revenue is expected to increase by 7.3% per year, outpacing the Australian market's 5.3%. However, profit margins have declined from 5.1% to 2.4%, and interest payments are not well covered by earnings, indicating some financial challenges ahead.

ASX:MIN Ownership Breakdown as at Sep 2024
ASX:MIN Ownership Breakdown as at Sep 2024

Pinnacle Investment Management Group

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Pinnacle Investment Management Group Limited is an Australian investment management company with a market cap of A$3.36 billion.

Operations: Pinnacle generates revenue primarily from its Funds Management Operations, amounting to A$48.99 million.

Insider Ownership: 31.5%

Pinnacle Investment Management Group's revenue is forecast to grow at 13.7% per year, faster than the Australian market's 5.3%. Earnings are expected to increase by 14.4% annually, outpacing the market's 12.2%. The company reported a net income rise from A$76.47 million to A$90.35 million for FY2024 and appointed Christina Lenard as Director in August 2024, reflecting strategic leadership changes amidst steady growth prospects and high insider ownership.