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May 2024 Insight Into Growth Companies With High Insider Ownership

As global markets display a mixed performance with the Dow Jones experiencing its largest weekly drop since early April and the Nasdaq hitting new highs, investors are navigating a landscape marked by significant volatility and divergent trends across major indices. In such an environment, growth companies with high insider ownership can offer unique advantages, as these insiders may have a better commitment to the company's long-term success, potentially aligning more closely with shareholder interests during uncertain times.

Top 10 Growth Companies With High Insider Ownership

Name

Insider Ownership

Earnings Growth

Rajratan Global Wire (BSE:517522)

19.8%

33.5%

Arctech Solar Holding (SHSE:688408)

38.7%

24.5%

Gaming Innovation Group (OB:GIG)

22.8%

36.2%

Calliditas Therapeutics (OM:CALTX)

11.6%

50.4%

KebNi (OM:KEBNI B)

37.8%

90.4%

Vow (OB:VOW)

31.8%

99.3%

EHang Holdings (NasdaqGM:EH)

33%

101.9%

La Française de l'Energie (ENXTPA:FDE)

20.1%

37.7%

HANA Micron (KOSDAQ:A067310)

19.8%

67.2%

OSE Immunotherapeutics (ENXTPA:OSE)

24.9%

92.9%

Click here to see the full list of 1497 stocks from our Fast Growing Companies With High Insider Ownership screener.

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We'll examine a selection from our screener results.

DigiPlus Interactive

Simply Wall St Growth Rating: ★★★★★★

Overview: DigiPlus Interactive Corp. operates in the Philippines, managing a diverse portfolio that includes amusement and recreation enterprises, hotels, and gaming facilities, with a market capitalization of approximately ₱63.12 billion.

Operations: The company generates revenue primarily through its Retail Group, which brought in ₱35.68 billion, followed by its Casino Group at ₱0.46 billion, Network and License Group at ₱0.38 billion, and Property Group at ₱0.19 billion.

Insider Ownership: 12.5%

Revenue Growth Forecast: 24.2% p.a.

DigiPlus Interactive, a growth company with high insider ownership, has shown remarkable financial performance with its first quarter sales and revenue tripling year-over-year. Despite this surge, the stock trades at 72.6% below its estimated fair value, presenting a potentially undervalued opportunity. However, investors should note the volatility in share price and recent lack of substantial insider buying which might raise concerns about near-term confidence among insiders. Plans for international expansion could fuel future growth but are still in preliminary stages.

PSE:PLUS Earnings and Revenue Growth as at May 2024
PSE:PLUS Earnings and Revenue Growth as at May 2024

Beijing United Information TechnologyLtd

Simply Wall St Growth Rating: ★★★★★☆

Overview: Beijing United Information Technology Co., Ltd. operates in the information technology sector with a market capitalization of approximately CN¥17.08 billion.

Operations: The revenue segments for the company are not specified in the provided text.

Insider Ownership: 35.3%

Revenue Growth Forecast: 42.3% p.a.

Beijing United Information TechnologyLtd, a growth-oriented firm with high insider ownership, has demonstrated robust financial health. Its earnings are expected to grow by 43.24% annually, outpacing the Chinese market forecast of 23.2%. Additionally, revenue growth is also projected to exceed the market significantly at 42.3% per year. Despite these positives, potential investors should be cautious of its highly volatile share price and lack of recent insider buying activity which may signal wavering confidence from those closest to the company.

SHSE:603613 Earnings and Revenue Growth as at May 2024
SHSE:603613 Earnings and Revenue Growth as at May 2024

King Slide Works

Simply Wall St Growth Rating: ★★★★☆☆

Overview: King Slide Works Co., Ltd. specializes in the R&D, design, and sale of rail kits for servers and network communication equipment across Taiwan, China, the U.S., and other global markets, with a market capitalization of NT$121.50 billion.

Operations: The company generates its revenue primarily from the design and sale of rail kits for servers and network communication equipment, serving markets in Taiwan, China, the U.S., and other international regions.

Insider Ownership: 17.5%

Revenue Growth Forecast: 23.5% p.a.

King Slide Works Co., Ltd. has shown impressive growth, with recent earnings reports highlighting a substantial increase in sales and net income for the first quarter of 2024. While its revenue is expected to grow at 23.5% annually, outstripping the Taiwan market's average, its earnings growth forecast at 14.6% lags behind the market’s 18%. Despite high volatility in its share price, analysts predict a potential price increase of 23.4%. The company's return on equity is also anticipated to be strong in the coming years.

TWSE:2059 Ownership Breakdown as at May 2024
TWSE:2059 Ownership Breakdown as at May 2024

Key Takeaways

Interested In Other Possibilities?

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 PSE:PLUS SHSE:603613 and TWSE:2059.

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