close
close

Top 3 Growth Stocks with High Insider Ownership and Minimum 24% Earnings Growth

As global markets go through a period of relative calm ahead of upcoming earnings reports and key economic indicators, investors continue to evaluate opportunities across sectors. In this context, growth stocks with high insider ownership stand out as particularly intriguing given their potential alignment of management interests with shareholder returns amid changing market dynamics.

Top 10 Growth Companies with High Insider Ownership

Name Internal property Profit growth
Archean Chemical Industries (NSEI:ACI) 22.9% 28.9%
Seojin System Ltd (KOSDAQ:A178320) 26.2% 48.1%
Good M-TecLTD (KOSDAQ:A441270) 17.3% 36.4%
KebNi (OM:KEBNI B) 37.8% 90.4%
Credo Technology Group Holding (NasdaqGS:CRDO) 14.7% 60.9%
Calliditas Therapeutics (OM:CALTX) 11.6% 52.9%
EHang Holdings (NasdaqGM:EH) 32.8% 74.3%
Micron HANA (KOSDAQ:A067310) 20% 96.3%
The Oath (OB:VOW) 31.8% 97.6%
Adocia (ENXTPA:ADOC) 12.1% 59.8%

Click here to see the full list of 1,452 stocks in our high growth stocks with high insider ownership screening tool.

Below are some of our favorites from our exclusive roundup.

Simply Wall St Growth Rating: ★★★★★☆☆

Overview: DNO ASA is an oil and gas company engaged in the exploration, development and production of deposits in the Middle East, the North Sea and West Africa, with a market capitalization of NOK 11.19 billion.

Operations: The company generates revenues primarily from oil and gas operations, which amounted to USD 581.30 million.

Internal property: 13.2%

Profit growth forecast: 55.6% per year

DNO ASA, a growth stock with significant insider ownership, recently announced a significant gas condensate discovery in the Norwegian North Sea, indicating significant potential for resource development in the near term. Despite this positive exploration result and strategic fixed income offerings totaling $800 million to strengthen its financial position, DNO faces challenges. The company reported a sharp decline in earnings and production in Q1 2024 compared to the previous year. Furthermore, while DNO’s revenues are expected to grow by 10.5% annually, this rate is below high growth rates, and its return on equity over the three-year period is forecast at a modest 15.3%.

OB:DNO ownership breakdown as of July 2024
OB:DNO ownership breakdown as of July 2024

Simply Wall St Growth Rating: ★★★★★☆

Overview: Bethel Automotive Safety Systems Co., Ltd, based in China, specializes in the development, production and sale of commercial vehicle braking system products and has a market capitalization of 23.05 billion yen.

Operations: The company generates revenue mainly from the production and sale of car accessories and automotive accessories, with a total value of 7.83 billion Chinese yen.

Internal property: 21.5%

Profit growth forecast: 24.7% per year

Bethel Automotive Safety Systems, a company with large insider ownership, reported solid earnings growth in the first quarter of 2024, with sales reaching CNY 1.86 billion, up from CNY 1.50 billion year-on-year. The company’s net income also increased to CNY 209.92 million. Despite some shareholder dilution last year, Bethel is trading at 65.5% below its estimated fair value, and analysts expect significant revenue and earnings growth above market forecasts over the next three years, underscoring its strong growth prospects despite a low projected return on equity of 18.8%.

SHSE:603596 Ownership breakdown as of July 2024
SHSE:603596 Ownership breakdown as of July 2024

Simply Wall St Growth Rating: ★★★★★☆☆

Overview: China Transinfo Technology Co., Ltd. operates in the transportation and IoT sectors and has a market capitalization of approximately 13.75 billion yen.

Operations: The company generates revenues primarily from operations in the transport and IoT sectors.

Internal property: 17.2%

Profit growth forecast: 34.3% per year

China Transinfo Technology, a company with a large insider holding, recently confirmed dividends and changed its articles of association, signaling active management. Despite a difficult first quarter of 2024 with a net loss of CNY 57.85 million compared to CNY 157.57 million in net income year-over-year, the company’s full-year earnings show improvement with a significant increase in sales to CNY 7.79 billion. Analysts are forecasting a solid annual earnings growth of 34.3%, above the Chinese market average, coupled with a competitive P/E ratio of 42x compared to the industry average of 45.3x.

SZSE:002373 Ownership breakdown as of July 2024
SZSE:002373 Ownership breakdown as of July 2024

Key conclusions

Curious about other options?

This Simply Wall St article is for general information purposes only. Our commentary is based solely on historical data and analyst forecasts, and is based on an objective methodology. Our articles are not intended to be financial advice. It is not a recommendation to buy or sell stocks and does not take into account your objectives or financial situation. Our goal is to provide you with long-term, focused analysis based on fundamental data. Please note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any of the stocks mentioned. The analysis only includes shares directly held by insiders. It does not include shares held indirectly through other entities such as corporate and/or trusts. All projected revenue and earnings growth rates are provided as annual growth rates over a 1-3 year period.

Valuation is a complicated process, but we help simplify it.

Find out if BOTTOM is potentially overvalued or undervalued, check out our comprehensive analysis which includes fair value estimates, risks and warnings, dividends, internal transactions and financial condition.

See a free analysis

Have feedback on this article? Concerned about the content? Contact us directly. Alternatively, send an email to [email protected]