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As global markets navigate a mix of economic signals, with U.S. consumer confidence dipping and major stock indexes showing moderate gains, investors are keeping a close eye on growth stocks that insiders are backing. In such an environment, companies with high insider ownership can be particularly appealing as they suggest strong internal confidence in the business's potential for success amidst fluctuating market conditions.
Top 10 Growth Companies With High Insider Ownership
| Name | Insider Ownership | Earnings Growth |
| Seojin SystemLtd (KOSDAQ:A178320) | 30.9% | 39.9% |
| People & Technology (KOSDAQ:A137400) | 16.4% | 37.3% |
| SKS Technologies Group (ASX:SKS) | 29.7% | 24.8% |
| Propel Holdings (TSX:PRL) | 23.8% | 37.6% |
| Medley (TSE:4480) | 34% | 31.7% |
| Pharma Mar (BME:PHM) | 11.8% | 56.2% |
| Fine M-TecLTD (KOSDAQ:A441270) | 17.2% | 131.1% |
| Elliptic Laboratories (OB:ELABS) | 26.8% | 111.4% |
| Credo Technology Group Holding (NasdaqGS:CRDO) | 13.3% | 66.3% |
| HANA Micron (KOSDAQ:A067310) | 18.5% | 110.9% |
Below we spotlight a couple of our favorites from our exclusive screener.
SOCAR
Simply Wall St Growth Rating: ★★★★☆☆
Overview: SOCAR Inc. is a mobility company based in South Korea with a market capitalization of approximately ₩597.35 billion.
Operations: The company's revenue is derived from car sharing (₩375.02 billion), micro mobility (₩24.87 billion), and platform parking services (₩8.45 billion).
Insider Ownership: 14.0%
Earnings Growth Forecast: 108.9% p.a.
SOCAR is forecasted to become profitable within three years, with earnings expected to grow significantly at 108.87% annually, surpassing the market average. Despite trading at 87.7% below its estimated fair value and analysts predicting a 46.5% stock price increase, its Return on Equity is projected to be low at 5.9%. Recent quarterly results show improved sales of KRW 117 billion and a net income turnaround from a previous loss, indicating positive momentum for the company.
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Take a closer look at SOCAR's potential here in our earnings growth report.
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Our valuation report here indicates SOCAR may be undervalued.
Eastnine
Simply Wall St Growth Rating: ★★★★★☆
Overview: Eastnine AB (publ) is a real estate investment firm with a market cap of SEK4.16 billion.
Operations: The firm's revenue segments include €3.65 million from properties in Latvia, €10.49 million from properties in Poland, and €23.94 million from properties in Lithuania.
Insider Ownership: 19.9%
Earnings Growth Forecast: 62.9% p.a.
Eastnine's recent acquisition of the Warsaw Unit office tower for EUR 280 million enhances its position in Europe's growing office property market, boosting profit from property management per share by 18%. The company has seen substantial insider buying over the past three months, indicating confidence in its future. Forecasts suggest Eastnine's earnings will grow significantly at 62.92% annually, outpacing the Swedish market. However, its Return on Equity is expected to remain low at 5.7%.