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As global markets respond to China's robust stimulus measures and European hopes for interest rate cuts, Sweden's central bank has also cut its policy rate, reflecting a broader trend of easing monetary policies. In this context, growth companies with high insider ownership can be particularly appealing as they often indicate strong internal confidence and alignment with shareholder interests.
Top 10 Growth Companies With High Insider Ownership In Sweden
| Name | Insider Ownership | Earnings Growth |
| CTT Systems (OM:CTT) | 16.9% | 24.8% |
| Truecaller (OM:TRUE B) | 29.6% | 21.6% |
| Fortnox (OM:FNOX) | 19.1% | 22.2% |
| Biovica International (OM:BIOVIC B) | 17.6% | 78.5% |
| Magle Chemoswed Holding (OM:MAGLE) | 14.9% | 72.2% |
| BioArctic (OM:BIOA B) | 34% | 98.4% |
| Yubico (OM:YUBICO) | 37.5% | 42.3% |
| KebNi (OM:KEBNI B) | 36.3% | 86.1% |
| InCoax Networks (OM:INCOAX) | 19.5% | 115.5% |
| OrganoClick (OM:ORGC) | 23.1% | 109.0% |
Let's review some notable picks from our screened stocks.
Humble Group
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Humble Group AB (publ) refines, develops, and distributes fast-moving consumer products in Sweden and internationally, with a market cap of SEK5.52 billion.
Operations: The company's revenue segments include Future Snacking at SEK950 million, Sustainable Care at SEK2.30 billion, Quality Nutrition at SEK1.53 billion, and Nordic Distribution at SEK2.67 billion.
Insider Ownership: 15.8%
Humble Group has been added to the OMX Nordic All-Share Index, reflecting its growing market presence. Recent earnings show a positive turnaround with SEK 55 million net income for the first half of 2024, compared to a loss last year. Insider activity is strong, with substantial buying in recent months. The company trades below its estimated fair value and is expected to grow revenue at 11.5% annually, although return on equity remains low at 8.7%.
AB Sagax
Simply Wall St Growth Rating: ★★★★☆☆
Overview: AB Sagax (publ) is a property company operating in Sweden, Finland, France, Benelux, Spain, Germany, and other European countries with a market cap of SEK102.57 billion.
Operations: The company's revenue is primarily derived from its Real Estate - Rental segment, amounting to SEK4.63 billion.
Insider Ownership: 28.6%
AB Sagax has demonstrated robust growth, with earnings surging by 196.5% over the past year and expected to grow significantly at 29.1% annually, outpacing the Swedish market's forecasted growth. The company reported strong financials for the first half of 2024, with net income reaching SEK 2.06 billion compared to a loss previously. Despite shareholder dilution in the past year and debt coverage concerns, insider ownership remains high, aligning management interests with shareholders'.