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3 ASX Growth Companies With Insider Ownership Up To 16%

The Australian market is bracing for a 1.24% slide in the ASX200 today, influenced by weak manufacturing data from both China and the US, which triggered a significant drop in semiconductor stocks and other indices. Amidst this volatility, identifying growth companies with substantial insider ownership can be crucial as it often signals confidence from those closest to the business.

Top 10 Growth Companies With High Insider Ownership In Australia

Name

Insider Ownership

Earnings Growth

Hartshead Resources (ASX:HHR)

13.9%

102.6%

Clinuvel Pharmaceuticals (ASX:CUV)

13.6%

27.4%

Emerald Resources (ASX:EMR)

18.4%

30.1%

Catalyst Metals (ASX:CYL)

17.5%

61.8%

AVA Risk Group (ASX:AVA)

15.5%

118.8%

Acrux (ASX:ACR)

14.6%

129.6%

Liontown Resources (ASX:LTR)

16.4%

69.7%

Hillgrove Resources (ASX:HGO)

10.4%

69.2%

Adveritas (ASX:AV1)

21.1%

144.2%

Plenti Group (ASX:PLT)

12.8%

106.4%

Click here to see the full list of 93 stocks from our Fast Growing ASX Companies With High Insider Ownership screener.

Let’s dive into some prime choices out of the screener.

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Flight Centre Travel Group Limited (ASX:FLT) offers travel retailing services for both leisure and corporate sectors across multiple regions globally, with a market cap of A$4.74 billion.

Operations: Flight Centre Travel Group Limited generates revenue primarily from its leisure travel segment at A$1.35 billion and corporate travel services at A$1.11 billion.

Insider Ownership: 13.5%

Flight Centre Travel Group has demonstrated robust growth, with earnings increasing from A$47 million to A$139 million year-over-year. The company is actively seeking acquisitions and investments to double its Cruise & Touring sales. Forecasts indicate annual profit growth of 19.7%, outpacing the Australian market’s 12.1%. Despite trading below estimated fair value and having an unstable dividend track record, its strong cash position supports ongoing organic growth and M&A opportunities.

ASX:FLT Ownership Breakdown as at Sep 2024

Simply Wall St Growth Rating: ★★★★★☆

Overview: IperionX Limited focuses on the exploration and development of mineral properties in the United States, with a market cap of A$694.18 million.

Operations: IperionX Limited’s revenue segments are currently not disclosed.

Insider Ownership: 16.8%

IperionX is a growth company with high insider ownership, showing substantial revenue growth forecasts of 73.5% per year, outpacing the Australian market. The company has seen significant insider buying recently and is expected to become profitable within three years. Recent milestones include the successful commissioning of their HAMR furnace, boosting titanium production capacity by over 60 times and achieving superior quality standards. However, shareholders experienced dilution in the past year.

Story continues

ASX:IPX Earnings and Revenue Growth as at Sep 2024

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Technology One Limited develops, markets, sells, implements, and supports integrated enterprise business software solutions in Australia and internationally with a market cap of A$7.55 billion.

Operations: The company’s revenue segments include Software (A$317.24 million), Corporate (A$83.83 million), and Consulting (A$68.13 million).

Insider Ownership: 12.3%

Technology One’s revenue is forecast to grow at 11.5% per year, outpacing the Australian market. Earnings are expected to increase by 14.8% annually, surpassing market averages. The recent appointment of Paul Robson as an independent Non-Executive Director brings strategic transformation and operational efficiency expertise, crucial for scaling their SaaS platform globally. Despite high insider ownership, there has been no substantial insider trading activity in the past three months.

ASX:TNE Ownership Breakdown as at Sep 2024

Summing It All Up

Searching for a Fresh Perspective?

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. 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 stocks mentioned.The analysis only considers stock directly held by insiders. It does not include indirectly owned stock through other vehicles such as corporate and/or trust entities. All forecast revenue and earnings growth rates quoted are in terms of annualised (per annum) growth rates over 1-3 years.

Companies discussed in this article include ASX:FLT ASX:IPX and ASX:TNE.

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