November 2024's High Insider Ownership Growth Companies

In This Article:

As global markets navigate the complexities of a new U.S. administration and fluctuating economic indicators, investors are keenly observing the impact on various sectors, particularly those influenced by potential policy changes. Amidst this backdrop, growth companies with high insider ownership are drawing attention for their potential resilience and alignment of interests between management and shareholders. In such a volatile environment, stocks with significant insider ownership can offer a unique perspective on confidence in future prospects and strategic direction.

Top 10 Growth Companies With High Insider Ownership

Name

Insider Ownership

Earnings Growth

On Holding (NYSE:ONON)

31%

29.7%

Pharma Mar (BME:PHM)

11.8%

56.4%

Medley (TSE:4480)

34%

31.5%

Findi (ASX:FND)

34.8%

71.5%

Alkami Technology (NasdaqGS:ALKT)

11%

98.6%

Elliptic Laboratories (OB:ELABS)

26.8%

103.6%

Credo Technology Group Holding (NasdaqGS:CRDO)

13.8%

95%

Plenti Group (ASX:PLT)

12.8%

107.6%

EHang Holdings (NasdaqGM:EH)

32.8%

81.4%

Brightstar Resources (ASX:BTR)

16.2%

84.6%

Click here to see the full list of 1542 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.

Happy Forgings

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Happy Forgings Limited manufactures and sells forgings and related components both in India and internationally, with a market cap of ₹100.06 billion.

Operations: The company's revenue primarily comes from its Forged and Machined Products segment, which generated ₹13.88 billion.

Insider Ownership: 26.8%

Happy Forgings has demonstrated solid growth, with recent earnings showing a net income increase to INR 713.7 million for Q2 2024. Analysts forecast its earnings to grow at 22.1% annually, outpacing the Indian market average of 18.1%. Revenue is also expected to rise faster than the market at 18.2% per year, though below the significant threshold of 20%. Despite no recent insider trading activity, analysts agree on a potential stock price increase of 26.5%.

NSEI:HAPPYFORGE Ownership Breakdown as at Nov 2024
NSEI:HAPPYFORGE Ownership Breakdown as at Nov 2024

Sansera Engineering

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Sansera Engineering Limited manufactures and sells precision engineered components for automotive and non-automotive sectors globally, with a market cap of ₹89.90 billion.

Operations: Sansera Engineering Limited generates revenue from the automotive and non-automotive sectors across India, Europe, the United States, and other international markets.