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As global markets experience heightened volatility and economic uncertainties, the Swedish market has shown resilience, with certain growth companies standing out due to their robust insider ownership. In this context, high insider ownership can be a positive indicator of confidence in a company's future prospects, making it an essential factor for investors to consider.
Top 10 Growth Companies With High Insider Ownership In Sweden
| Name | Insider Ownership | Earnings Growth |
| CTT Systems (OM:CTT) | 16.9% | 24.8% |
| Magle Chemoswed Holding (OM:MAGLE) | 14.9% | 72.2% |
| Biovica International (OM:BIOVIC B) | 18.7% | 73.8% |
| Yubico (OM:YUBICO) | 37.5% | 43.8% |
| InCoax Networks (OM:INCOAX) | 18.1% | 104.9% |
| BioArctic (OM:BIOA B) | 34% | 104.2% |
| KebNi (OM:KEBNI B) | 37.8% | 90.4% |
| Calliditas Therapeutics (OM:CALTX) | 11.6% | 52.9% |
| SaveLend Group (OM:YIELD) | 23.3% | 103.4% |
| edyoutec (NGM:EDYOU) | 13.4% | 63.1% |
Let's take a closer look at a couple of our picks from the screened companies.
BioArctic
Simply Wall St Growth Rating: ★★★★★★
Overview: BioArctic AB (publ) develops biological drugs for patients with central nervous system disorders in Sweden and has a market cap of SEK14.35 billion.
Operations: BioArctic's revenue primarily comes from its biotechnology segment, which generated SEK252.21 million.
Insider Ownership: 34%
BioArctic, a Swedish biotech firm with significant insider ownership, has recently seen its Alzheimer's drug Leqembi approved in Hong Kong. This follows approvals in the US, Japan, China, and South Korea. Despite a volatile share price and recent financial losses (SEK 57.56 million net loss in Q1 2024), analysts forecast robust revenue growth of 39.1% annually and profitability within three years. Insider transactions have been more buys than sells recently, indicating confidence from within the company.
Haypp Group
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Haypp Group AB (publ) is an online retailer specializing in tobacco-free nicotine pouches and snus products across Sweden, Norway, the rest of Europe, and the United States, with a market cap of SEK2.96 billion.
Operations: Revenue segments for the company include Core at SEK2.42 billion and Growth at SEK834.20 million.
Insider Ownership: 10.9%
Haypp Group, with substantial insider ownership, is poised for significant earnings growth of 88.6% per year, outpacing the Swedish market's 15.7%. Despite a slight dip in profit margins from 0.8% to 0.5%, revenue is expected to grow at 16.5% annually, faster than the market average of 1.1%. Recent board additions include Deppak Mishra and Adam Schatz as of May 2024, potentially strengthening governance amid this growth trajectory.