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ASX Growth Companies With Up To 21% Insider Ownership

Amidst a challenging day for the ASX200, which is currently down by 1.1%, and all sectors seeing declines, investor focus might naturally shift towards more resilient investment opportunities. High insider ownership can be an indicator of confidence from those closest to the company, potentially making such stocks appealing in turbulent times like these.

Top 10 Growth Companies With High Insider Ownership In Australia

Name

Insider Ownership

Earnings Growth

Hartshead Resources (ASX:HHR)

13.9%

86.3%

Cettire (ASX:CTT)

28.7%

26.7%

Acrux (ASX:ACR)

14.6%

115.3%

Plenti Group (ASX:PLT)

12.8%

106.4%

Hillgrove Resources (ASX:HGO)

10.4%

45.4%

Change Financial (ASX:CCA)

26.6%

76.4%

Botanix Pharmaceuticals (ASX:BOT)

11.4%

120.9%

Liontown Resources (ASX:LTR)

16.4%

62.3%

DUG Technology (ASX:DUG)

28.1%

43.2%

SiteMinder (ASX:SDR)

11.3%

72.7%

Click here to see the full list of 90 stocks from our Fast Growing ASX Companies With High Insider Ownership screener.

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Below we spotlight a couple of our favorites from our exclusive screener.

Altium

Simply Wall St Growth Rating: ★★★★★☆

Overview: Altium Limited is a company that specializes in developing and selling computer software for electronic product design, operating both in the United States and internationally, with a market capitalization of approximately A$8.96 billion.

Operations: The company generates revenue primarily through its cloud platform and design software segments, totaling approximately $60.36 million and $221.94 million respectively.

Insider Ownership: 11.7%

Altium, a company with high insider ownership, is poised for notable growth with earnings expected to increase by 21.15% annually. Despite slower revenue growth forecasts at 16% per year compared to other high-growth firms, Altium outpaces the broader Australian market's 5.4%. The firm also boasts a strong projected Return on Equity of 36.5%. Recent strategic moves include a distribution agreement through Phase Holographic Imaging and Kem-En-Tec Nordic to boost its presence in Nordic bioscience sectors.

ASX:ALU Ownership Breakdown as at Jun 2024
ASX:ALU Ownership Breakdown as at Jun 2024

Chrysos

Simply Wall St Growth Rating: ★★★★★☆

Overview: Chrysos Corporation Limited is involved in the development and supply of mining technology, with a market capitalization of approximately A$638.10 million.

Operations: The company generates revenue primarily through its mining services segment, totaling A$34.24 million.

Insider Ownership: 21.3%

Chrysos, despite high insider ownership, presents a mixed growth outlook. The company is set to become profitable within three years with expected earnings growth of 63.48% annually. Revenue is also projected to increase significantly at 35.3% per year, outpacing the Australian market average of 5.4%. However, challenges include a low forecasted Return on Equity of 7.8% and recent shareholder dilution over the past year, which may concern investors looking for robust equity returns.

ASX:C79 Ownership Breakdown as at Jun 2024
ASX:C79 Ownership Breakdown as at Jun 2024

Kelsian Group

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Kelsian Group Limited operates in providing land and marine transport and tourism services across Australia, the United States, Singapore, and the United Kingdom, with a market capitalization of approximately A$1.36 billion.

Operations: The company generates revenue through three primary segments: Australian Bus (A$934.76 million), International Bus (A$448.87 million), and Marine and Tourism (A$337.90 million).

Insider Ownership: 20.9%

Kelsian Group, with high insider ownership, is anticipated to have robust earnings growth of 25.84% annually, outperforming the Australian market's 13.7%. However, its revenue growth at 5.8% lags behind the desired 20% benchmark for high-growth companies. Recent substantial insider buying underscores confidence from within, despite a current trading value deemed 14.3% below its fair estimate and concerns over low profit margins and one-off financial impacts affecting quality of earnings.

ASX:KLS Earnings and Revenue Growth as at Jun 2024
ASX:KLS Earnings and Revenue Growth as at Jun 2024

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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:ALU ASX:C79 and ASX:KLS.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com