Top growth stocks with high insider ownership in September 2024

As global markets rebound and growth stocks outpace value stocks, investors are closely watching the sectors driving this momentum. In this environment, companies with strong insider ownership often signal confidence in their future prospects, making them attractive targets for those looking for solid growth opportunities.

Top 10 Growth Companies with High Insider Ownership

Click here to see the full list of 1,506 stocks in our high-growth, high-insider stock picker.

Let’s take a closer look at some of the noteworthy stocks we reviewed.

Simply Wall St Growth Rating: ★★★★★☆☆

Review: Unisem (M) Berhad, which has a market capitalization of MYR5.16 billion, provides semiconductor assembly and testing services through its subsidiaries in Asia, Europe and the United States.

Operations: The company generates revenue of MYR1.47 billion from the production of semiconductor devices and related services.

Internal property: 30.5%

Profit growth forecast: 37.8% per year

Unisem (M) Berhad, with significant insider ownership, is forecast to grow earnings by a significant 37.84% per annum over the next three years, outpacing the Malaysian market’s growth rate of 10.4%. However, return on equity is forecast to be low at 8.3%, while profit margins are forecast to fall from 9.6% to 5%. The latest earnings reports show increased sales but lower net income compared to last year.

Simply Wall St Growth Rating: ★★★★★☆☆

Review: Nordic Semiconductor ASA is a fab-free semiconductor company that designs, sells and delivers integrated circuits for short and long range wireless applications in Europe, the Americas and the Asia Pacific region with a market capitalization of NOK 25.25 billion.

Operations: The company generates revenue of $445.67 million from the design and sale of integrated circuits and related solutions for wireless applications in Europe, the Americas and the Asia-Pacific region.

The story continues

Internal property: 10.6%

Profit growth forecast: 68.2% per year

Nordic Semiconductor, with a large insider stake, is forecasting earnings growth of 68.16% per year and will become profitable within three years. Revenue is expected to grow by 18.7% per year, outpacing the Norwegian market’s growth of 2.1%. Despite a recent quarterly net loss of $15.05 million and sales falling to $127.95 million, the company is forecasting third-quarter revenue of $150 million to $170 million due to seasonally higher demand.

Simply Wall St Growth Rating: ★★★★★★

Review: E Ink Holdings Inc. is engaged in the research, development, production, and sale of electronic display panels worldwide, and has a market capitalization of NT$333.03 billion.

Operations: The company’s revenue is NT$25.95 billion, mainly from sales of electronic components and parts.

Internal property: 10.8%

Profit growth forecast: 35.8% per year

E Ink Holdings, with significant insider ownership, is forecast to grow revenue by 30.6% annually and profit by 35.8% annually, outperforming the Taiwanese market. Despite a recent decline in net income to NT$2.02 billion for Q2 2024 from NT$2.42 billion a year ago, the company remains undervalued by 28.9% below its estimated fair value and has announced major expansions, including NT$1.49 billion in new manufacturing equipment and a NT$12 billion syndicated loan to boost operating capital.

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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.

This article discusses the following companies, among others: KLSE:UNISEM OB:NOD and TPEX:8069.

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