November 2024's High Insider Ownership Growth Companies

In This Article:

In the wake of a "red sweep" in the U.S. elections, global markets have been buoyant, with major indices like the S&P 500 and Nasdaq Composite reaching record highs amid expectations of accelerated economic growth and favorable tax policies. As investors navigate these optimistic yet uncertain times, companies with high insider ownership often attract attention due to their alignment of interests between management and shareholders, potentially offering unique opportunities for growth amidst evolving market conditions.

Top 10 Growth Companies With High Insider Ownership

Name

Insider Ownership

Earnings Growth

Medley (TSE:4480)

34%

30.4%

Pharma Mar (BME:PHM)

11.8%

56.4%

Findi (ASX:FND)

34.8%

64.8%

Credo Technology Group Holding (NasdaqGS:CRDO)

13.9%

95%

Alkami Technology (NasdaqGS:ALKT)

11.2%

98.6%

Adveritas (ASX:AV1)

21.2%

144.2%

Plenti Group (ASX:PLT)

12.8%

107.6%

EHang Holdings (NasdaqGM:EH)

32.8%

81.4%

Brightstar Resources (ASX:BTR)

14.8%

84.6%

UTI (KOSDAQ:A179900)

33.1%

134.6%

Click here to see the full list of 1529 stocks from our Fast Growing Companies With High Insider Ownership screener.

Let's dive into some prime choices out of the screener.

Krsnaa Diagnostics

Simply Wall St Growth Rating: ★★★★★☆

Overview: Krsnaa Diagnostics Limited offers diagnostic services in India and has a market cap of ₹30.34 billion.

Operations: The company generates revenue of ₹6.81 billion from its Radiology and Pathology Services segment in India.

Insider Ownership: 27.7%

Earnings Growth Forecast: 37.4% p.a.

Krsnaa Diagnostics demonstrates strong growth potential with forecasted revenue and earnings expected to outpace the Indian market significantly. Recent earnings reports show a robust increase in net income, reflecting effective business strategies. The company has secured key public-private partnership contracts, enhancing its service reach. Despite trading below estimated fair value and offering good relative value compared to peers, shareholders experienced dilution last year. Insider ownership remains high, supporting confidence in long-term growth prospects.

NSEI:KRSNAA Earnings and Revenue Growth as at Nov 2024
NSEI:KRSNAA Earnings and Revenue Growth as at Nov 2024

Atea

Simply Wall St Growth Rating: ★★★★★☆

Overview: Atea ASA offers IT infrastructure and related solutions to businesses and public sector organizations in the Nordic countries and Baltic regions, with a market cap of NOK 15.32 billion.

Operations: The company's revenue segments are comprised of NOK 8.28 billion from Norway, NOK 12.44 billion from Sweden, NOK 7.37 billion from Denmark, NOK 3.62 billion from Finland, and NOK 1.76 billion from the Baltics, with Group Shared Services contributing an additional NOK 9.20 billion.