Global markets are showing resilience with major indices like the Dow Jones and S&P 500 reaching new highs, easing inflation concerns. Investors are closely watching market trends and economic indicators. In such a climate, growth stocks with high insider ownership are appealing as they indicate confidence in the company’s future prospects from those who know it best.
Here are the top 10 growth companies with high insider ownership:
1. Modetour Network (KOSDAQ:A080160) – Insider Ownership: 12.3%, Earnings Growth: 45.6%
2. Gaming Innovation Group (OB:GIG) – Insider Ownership: 22.8%, Earnings Growth: 36.2%
3. Calliditas Therapeutics (OM:CALTX) – Insider Ownership: 11.6%, Earnings Growth: 49.4%
4. Elliptic Laboratories (OB:ELABS) – Insider Ownership: 31.4%, Earnings Growth: 124.6%
5. KebNi (OM:KEBNI B) – Insider Ownership: 37.8%, Earnings Growth: 90.4%
6. Vow (OB:VOW) – Insider Ownership: 31.8%, Earnings Growth: 99.3%
7. EHang Holdings (NasdaqGM:EH) – Insider Ownership: 33%, Earnings Growth: 98.2%
8. La Française de l’Energie (ENXTPA:FDE) – Insider Ownership: 20.1%, Earnings Growth: 37.6%
9. Adocia (ENXTPA:ADOC) – Insider Ownership: 12.4%, Earnings Growth: 104.5%
10. OSE Immunotherapeutics (ENXTPA:OSE) – Insider Ownership: 24.9%, Earnings Growth: 92.9%
Guan Chong Berhad, a Malaysian cocoa manufacturer, has an insider ownership of 25.4%. The company reported mixed financial results for 2023, with full-year sales increasing to MYR 5.35 billion from MYR 4.42 billion the previous year. However, net income decreased to MYR 101.01 million from MYR 147.41 million. Despite lower profit margins and interest payments not well covered by earnings, Guan Chong Berhad is expected to see significant earnings growth at an annual rate of 29%, surpassing the Malaysian market forecast of 12.1%. The return on equity is predicted to remain low at 13.3% over the next three years.
This article provides general commentary based on historical data and analyst forecasts, using an unbiased methodology. It is not financial advice and does not recommend buying or selling any stock. The analysis considers stock directly held by insiders and does not include indirectly owned stock through other vehicles. All forecast revenue and earnings growth rates are annualized over 1-3 years.
Companies discussed in this article include KLSE:GCB, TWSE:2356, and WSE:VRC. For feedback or concerns, contact editorial-team@simplywallst.com.