Insider Favorites: December 2024's Top Growth Companies

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As global markets navigate a mixed landscape of rising stock indices and declining consumer confidence, investors are keenly observing the performance of growth stocks, which have shown resilience despite recent economic fluctuations. In this environment, companies with high insider ownership often attract attention due to their potential alignment between management and shareholder interests, making them compelling considerations for those seeking growth opportunities.

Top 10 Growth Companies With High Insider Ownership

Name

Insider Ownership

Earnings Growth

Archean Chemical Industries (NSEI:ACI)

22.9%

41.3%

SKS Technologies Group (ASX:SKS)

29.7%

24.8%

Kirloskar Pneumatic (BSE:505283)

30.3%

26.3%

Propel Holdings (TSX:PRL)

23.8%

37.6%

On Holding (NYSE:ONON)

19.1%

29.4%

Plenti Group (ASX:PLT)

12.8%

120.1%

Brightstar Resources (ASX:BTR)

16.2%

84.5%

Fine M-TecLTD (KOSDAQ:A441270)

17.2%

131.1%

Credo Technology Group Holding (NasdaqGS:CRDO)

13.3%

66.3%

Fulin Precision (SZSE:300432)

13.6%

66.7%

Click here to see the full list of 1507 stocks from our Fast Growing Companies With High Insider Ownership screener.

Let's uncover some gems from our specialized screener.

Fortnox

Simply Wall St Growth Rating: ★★★★★☆

Overview: Fortnox AB (publ) offers financial and administrative software solutions for small and medium-sized businesses, accounting firms, and organizations, with a market cap of SEK44.52 billion.

Operations: The company's revenue segments include Core Products (SEK768 million), Businesses (SEK397 million), Accounting Firms (SEK376 million), Marketplaces (SEK173 million), and Financial Services (SEK267 million).

Insider Ownership: 19.1%

Revenue Growth Forecast: 18.7% p.a.

Fortnox has demonstrated strong growth, with earnings increasing by 45% over the past year and a forecasted annual profit growth of 22.8%, outpacing the Swedish market. Despite revenue growth being slower than 20%, it still surpasses the market average. Insider activity shows more buying than selling recently, indicating confidence in future prospects. The company trades at a slight discount to its estimated fair value, suggesting potential for investors seeking high insider ownership in growth stocks.

OM:FNOX Earnings and Revenue Growth as at Dec 2024
OM:FNOX Earnings and Revenue Growth as at Dec 2024

Naruida Technology

Simply Wall St Growth Rating: ★★★★★☆

Overview: Naruida Technology Co., Ltd. manufactures and sells polarized multifunctional active phased array radars in China, with a market cap of CN¥12.64 billion.

Operations: The company generates revenue of CN¥235.19 million from its Scientific & Technical Instruments segment.