Top Growth Companies With Strong Insider Ownership October 2024

In This Article:

As global markets navigate the pressures of rising U.S. Treasury yields and a cautious Federal Reserve approach, growth stocks have shown resilience, particularly within the tech-heavy Nasdaq Composite Index. In this environment, companies with strong insider ownership often signal confidence in their long-term potential, making them attractive considerations for investors seeking growth opportunities amid broader market fluctuations.

Top 10 Growth Companies With High Insider Ownership

Name

Insider Ownership

Earnings Growth

Lavvi Empreendimentos Imobiliários (BOVESPA:LAVV3)

11.9%

21.1%

Zhejiang Jolly PharmaceuticalLTD (SZSE:300181)

23.5%

24.6%

Arctech Solar Holding (SHSE:688408)

37.8%

25.3%

Medley (TSE:4480)

34%

30.4%

Seojin SystemLtd (KOSDAQ:A178320)

30.7%

49.1%

Findi (ASX:FND)

35.8%

64.8%

Credo Technology Group Holding (NasdaqGS:CRDO)

13.9%

95%

Pharma Mar (BME:PHM)

11.8%

55.1%

EHang Holdings (NasdaqGM:EH)

32.8%

81.4%

UTI (KOSDAQ:A179900)

33.1%

134.6%

Click here to see the full list of 1466 stocks from our Fast Growing Companies With High Insider Ownership screener.

Here we highlight a subset of our preferred stocks from the screener.

i-SENS

Simply Wall St Growth Rating: ★★★★☆☆

Overview: i-SENS, Inc. develops, manufactures, and sells chemical and biosensors in South Korea and internationally with a market cap of ₩538.31 billion.

Operations: The company generates revenue primarily from its Diagnostic Kits / Equipment segment, amounting to ₩280.29 billion.

Insider Ownership: 25.7%

i-SENS exhibits characteristics of a growth company with high insider ownership, though recent performance shows challenges. The company reported increased sales for the second quarter at KRW 69,900.13 million but faced a net loss of KRW 2.46 million compared to last year's profit. Despite current losses, i-SENS is expected to become profitable within three years and its revenue growth forecast surpasses the Korean market average, although it remains below 20% annually.

KOSDAQ:A099190 Ownership Breakdown as at Oct 2024
KOSDAQ:A099190 Ownership Breakdown as at Oct 2024

IIFL Finance

Simply Wall St Growth Rating: ★★★★☆☆

Overview: IIFL Finance Limited is a non-banking financial company involved in financing activities both in India and internationally, with a market capitalization of ₹179.93 billion.

Operations: The company's revenue primarily stems from its financing and investing activities, amounting to ₹65.14 billion.

Insider Ownership: 24.6%

IIFL Finance shows potential as a growth company with significant insider ownership, despite recent earnings challenges. The company reported a net loss of INR 1,576.7 million for the second quarter, contrasting with last year's profit. However, its earnings are forecasted to grow significantly at 25.3% annually over the next three years, outpacing the Indian market average. While trading below analyst price targets and offering good relative value compared to peers, shareholder dilution remains a concern.