Euronext Paris Highlights: Top 3 Growth Companies With High Insider Ownership In June 2024

As France's CAC 40 Index showcases a robust gain of 1.67%, reflecting a positive sentiment in the European markets amid easing monetary policies, investors are keenly observing the landscape for opportunities. In such an environment, growth companies with high insider ownership stand out as they often signal strong confidence from those closest to the company's operations and future.

Top 10 Growth Companies With High Insider Ownership In France

Name	Insider Ownership	Earnings Growth
VusionGroup (ENXTPA:VU)	13.5%	25.2%
Groupe OKwind Société anonyme (ENXTPA:ALOKW)	24.8%	30.8%
Adocia (ENXTPA:ADOC)	12.1%	104.5%
OSE Immunotherapeutics (ENXTPA:OSE)	25.6%	79.3%
Icape Holding (ENXTPA:ALICA)	30.2%	26.1%
Arcure (ENXTPA:ALCUR)	21.4%	42.4%
Solutions 30 (ENXTPA:S30)	16.2%	102.6%
La Française de l'Energie (ENXTPA:FDE)	20.1%	34.2%
Munic (ENXTPA:ALMUN)	29.4%	150%
MedinCell (ENXTPA:MEDCL)	16.4%	74.6%

Click here to see the full list of 22 stocks from our Fast Growing Euronext Paris Companies With High Insider Ownership screener.

Here we highlight a subset of our preferred stocks from the screener.

Lectra

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Lectra SA offers industrial intelligence solutions across the fashion, automotive, and furniture sectors in various global regions including Northern Europe, Southern Europe, the Americas, and Asia Pacific, with a market capitalization of approximately €1.06 billion.

Operations: The company generates revenue from the Americas and Asia-Pacific regions, totaling €170.33 million and €110.28 million respectively.

Insider Ownership: 19.6%

Revenue Growth Forecast: 11.3% p.a.

Lectra, a French growth company with high insider ownership, is trading at 35.4% below its estimated fair value, signaling potential undervaluation. Despite a slight dip in recent quarterly net income from €7.63 million to €7.17 million, Lectra's revenue grew to €129.56 million from €123.65 million year-over-year. Analysts expect significant earnings growth of 28.6% per year and revenue growth of 11.3% per year, both outpacing the broader French market forecasts of 11% and 5.8%, respectively.

• Click here to discover the nuances of Lectra with our detailed analytical future growth report.

• Our expertly prepared valuation report Lectra implies its share price may be lower than expected.

ENXTPA:LSS Earnings and Revenue Growth as at Jun 2024

MedinCell

Simply Wall St Growth Rating: ★★★★★☆

Overview: MedinCell S.A. is a French pharmaceutical company specializing in the development of long-acting injectable medications across multiple therapeutic areas, with a market capitalization of approximately €395.81 million.

Operations: The company generates its revenue primarily from the pharmaceuticals segment, totaling €11.95 million.

Insider Ownership: 16.4%

Revenue Growth Forecast: 42.9% p.a.

MedinCell, a French growth company with high insider ownership, is navigating challenges despite its potential. Recently reporting a decrease in annual revenue to €11.95 million and a net loss of €25.04 million, the company remains optimistic about its future profitability and above-market revenue growth forecasts at 42.9% annually. Analysts project a significant stock price increase of 41.3%. However, concerns include shareholder dilution over the past year and less than one year of cash runway, indicating some financial instability.

• Click to explore a detailed breakdown of our findings in MedinCell's earnings growth report.

• According our valuation report, there's an indication that MedinCell's share price might be on the cheaper side.

ENXTPA:MEDCL Ownership Breakdown as at Jun 2024

OVH Groupe

Simply Wall St Growth Rating: ★★★★☆☆

Overview: OVH Groupe S.A. offers a range of services including public and private cloud, shared hosting, and dedicated servers globally, with a market capitalization of approximately €1.05 billion.

Operations: The company generates revenue through three primary segments: Public Cloud (€140.71 million), Private Cloud (€514.59 million), and Web Cloud (€179.45 million).

Insider Ownership: 10.5%

Revenue Growth Forecast: 10.9% p.a.

OVH Groupe, a French growth company with high insider ownership, is enhancing its leadership team to boost innovation and global market reach. The recent appointment of Celine Choussy as Chief Marketing Officer and Benjamin Revcolevschi focusing on operations underscores a strategic push towards expanding product lines and sustainability in data centers. Despite a net loss of €17.24 million in H1 2024, sales improved to €486.09 million from €439.34 million year-over-year, reflecting recovery potential amid high volatility in share price.

• Delve into the full analysis future growth report here for a deeper understanding of OVH Groupe.

• In light of our recent valuation report, it seems possible that OVH Groupe is trading beyond its estimated value.

ENXTPA:OVH Ownership Breakdown as at Jun 2024

Taking Advantage

• Embark on your investment journey to our 22 Fast Growing Euronext Paris Companies With High Insider Ownership selection here.

• Are any of these part of your asset mix? Tap into the analytical power of Simply Wall St's portfolio to get a 360-degree view on how they're shaping up.

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Searching for a Fresh Perspective?

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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 ENXTPA:LSS ENXTPA:MEDCL and ENXTPA:OVH.

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