Astral And 2 Other Growth Leaders With Insider Ownership

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As global markets react to rising U.S. Treasury yields, with the S&P 500 experiencing a downturn after weeks of gains, investors are closely monitoring growth stocks which have shown resilience amid these fluctuations. In such an environment, companies with high insider ownership often attract attention due to the perceived alignment of interests between insiders and shareholders, potentially offering stability and confidence in their growth trajectories.

Top 10 Growth Companies With High Insider Ownership

Name

Insider Ownership

Earnings Growth

Lavvi Empreendimentos Imobiliários (BOVESPA:LAVV3)

17.3%

21.1%

Arctech Solar Holding (SHSE:688408)

37.8%

25.3%

People & Technology (KOSDAQ:A137400)

16.4%

35.6%

Medley (TSE:4480)

34%

30.4%

Seojin SystemLtd (KOSDAQ:A178320)

30.7%

49.1%

Findi (ASX:FND)

35.8%

64.8%

Adveritas (ASX:AV1)

21.2%

144.2%

Plenti Group (ASX:PLT)

12.8%

107.6%

Credo Technology Group Holding (NasdaqGS:CRDO)

13.9%

95%

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.

Let's take a closer look at a couple of our picks from the screened companies.

Astral

Simply Wall St Growth Rating: ★★★★★☆

Overview: Astral Limited, along with its subsidiaries, manufactures and markets pipes, water tanks, and adhesives and sealants both in India and internationally, with a market cap of ₹4.69 billion.

Operations: The company's revenue is primarily derived from its Plumbing segment, contributing ₹42.17 billion, followed by the Paints and Adhesives segment at ₹15.25 billion.

Insider Ownership: 39.4%

Earnings Growth Forecast: 23.3% p.a.

Astral's projected revenue growth of 17.1% annually surpasses the Indian market average, while its earnings are expected to grow significantly at 23.31% per year, outpacing the market's 18%. Despite no recent insider trading activity, Astral's strong financial performance is underscored by a high forecasted Return on Equity of 21.1%. Recent developments include the commissioning of a new Hyderabad plant and steady earnings growth with Q1 sales reaching ₹13.84 billion (US$167 million).

NSEI:ASTRAL Earnings and Revenue Growth as at Oct 2024
NSEI:ASTRAL Earnings and Revenue Growth as at Oct 2024

Aoshikang Technology

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Aoshikang Technology Co., Ltd. is involved in the research, development, production, and sale of printed circuit boards and has a market cap of approximately CN¥8.30 billion.

Operations: Aoshikang Technology Co., Ltd. generates its revenue primarily from the research, development, production, and sale of printed circuit boards.