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October 2024's Leading Growth Stocks With Insider Confidence

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As global markets navigate the complexities of rising U.S. Treasury yields and economic uncertainty, growth stocks have shown resilience, with the tech-heavy Nasdaq Composite Index managing slight gains amidst broader market challenges. In this environment, companies with high insider ownership often signal strong confidence from those closest to the business, making them compelling candidates for investors seeking growth opportunities.

Top 10 Growth Companies With High Insider Ownership

Name

Insider Ownership

Earnings Growth

Lavvi Empreendimentos Imobiliários (BOVESPA:LAVV3)

11.9%

21.1%

People & Technology (KOSDAQ:A137400)

16.4%

35.6%

Laopu Gold (SEHK:6181)

36.4%

33.2%

Medley (TSE:4480)

34%

30.4%

Seojin SystemLtd (KOSDAQ:A178320)

30.7%

49.1%

Findi (ASX:FND)

35.8%

64.8%

HANA Micron (KOSDAQ:A067310)

18.3%

105.8%

Pharma Mar (BME:PHM)

11.8%

55.1%

Plenti Group (ASX:PLT)

12.8%

107.6%

UTI (KOSDAQ:A179900)

33.1%

134.6%

Click here to see the full list of 1514 stocks from our Fast Growing Companies With High Insider Ownership screener.

Let's uncover some gems from our specialized screener.

Prataap Snacks

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Prataap Snacks Limited manufactures and sells packaged snacks in India and internationally, with a market cap of ₹24.68 billion.

Operations: The company's revenue is primarily derived from its Snacks Food segment, which generated ₹16.52 billion.

Insider Ownership: 12.2%

Revenue Growth Forecast: 11.3% p.a.

Prataap Snacks is experiencing notable growth, with earnings forecasted to rise significantly at 24.5% annually, outpacing the Indian market's average. Despite a recent dip in net income, revenue increased year-over-year. Insider ownership remains strong with no substantial selling reported recently. A significant M&A activity involves Authum Investment acquiring a large stake for INR 8.5 billion, highlighting investor confidence and potential strategic shifts within the company pending regulatory approvals.

NSEI:DIAMONDYD Ownership Breakdown as at Oct 2024
NSEI:DIAMONDYD Ownership Breakdown as at Oct 2024

Sri Trang Agro-Industry

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Sri Trang Agro-Industry Public Company Limited, along with its subsidiaries, is engaged in the manufacturing and distribution of natural rubber products across Thailand, China, the United States, Singapore, Japan, and other international markets with a market capitalization of THB30.41 billion.

Operations: The company's revenue is primarily derived from its Natural Rubbers segment, which accounts for THB73.24 billion, and its Gloves segment, contributing THB21.49 billion.