Insider-Owned Growth Companies To Watch In May 2024

As global markets exhibit resilience, with indices like the S&P 500 approaching record highs amid a complex economic landscape, investors are keenly observing trends and shifts. In this context, growth companies with high insider ownership stand out as potentially strong candidates for those looking to align with leaders deeply invested in their companies' futures.

Top 10 Growth Companies With High Insider Ownership

Name

Insider Ownership

Earnings Growth

UNISEM (KOSDAQ:A036200)

29.8%

38.6%

Hartshead Resources (ASX:HHR)

13.9%

86.3%

Gaming Innovation Group (OB:GIG)

22.8%

36.2%

Elliptic Laboratories (OB:ELABS)

31.4%

124.6%

Nordic Halibut (OB:NOHAL)

29.9%

97.1%

HANA Micron (KOSDAQ:A067310)

19.8%

67.2%

Vow (OB:VOW)

31.8%

99.4%

EHang Holdings (NasdaqGM:EH)

33%

97.1%

OSE Immunotherapeutics (ENXTPA:OSE)

25.1%

92.9%

Adocia (ENXTPA:ADOC)

12.8%

104.5%

Click here to see the full list of 1500 stocks from our Fast Growing Companies With High Insider Ownership screener.

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

FPT

Simply Wall St Growth Rating: ★★★★★☆

Overview: FPT Corporation operates in the IT and telecommunication sectors, offering a range of products and services both in Vietnam and internationally, with a market capitalization of approximately ₫171.95 trillion.

Operations: FPT Corporation's revenue is primarily generated from four segments: Digital Content (₫0.65 billion), Telecommunication (₫15.38 billion), Global IT Services (₫25.85 billion), and Software Solutions, System Integration, and Informatics Services (₫7.23 billion).

Insider Ownership: 12.2%

Earnings Growth Forecast: 24.2% p.a.

FPT Corporation, a company with substantial insider ownership, is poised for robust growth with earnings and revenue forecasted to outpace the Vietnamese market. Over the past five years, earnings have increased by 18.1% annually. Recently, FPT announced a strategic partnership with NVIDIA to enhance its AI capabilities globally through a US$200 million investment in an AI factory. This move aligns with its ambitious revenue growth target of 17.5% for 2024 and strengthens its technological footprint in artificial intelligence and cloud services.

HOSE:FPT Ownership Breakdown as at May 2024
HOSE:FPT Ownership Breakdown as at May 2024

ALTEOGEN

Simply Wall St Growth Rating: ★★★★★★

Overview: ALTEOGEN Inc. is a biopharmaceutical company engaged in the development of long-acting biobetters, proprietary antibody-drug conjugates, and antibody biosimilars, with a market capitalization of approximately ₩9.43 billion.

Operations: The company's revenue from its biotechnology segment is approximately ₩96.52 billion.

Insider Ownership: 26.7%

Earnings Growth Forecast: 124.4% p.a.

ALTEOGEN, despite its highly volatile share price over the past three months, is positioned for significant growth. The company's revenue is expected to increase by 27.2% annually, outpacing the South Korean market's 9.4%. Additionally, ALTEOGEN is forecasted to become profitable within the next three years with a projected high return on equity of 28.8%. However, shareholders have experienced dilution over the past year. Recently, ALTEOGEN presented at the Macquarie Asia Conference in Hong Kong on May 13, 2024.

KOSDAQ:A196170 Ownership Breakdown as at May 2024
KOSDAQ:A196170 Ownership Breakdown as at May 2024

Silergy

Simply Wall St Growth Rating: ★★★★★☆

Overview: Silergy Corp., with a market cap of NT$172.97 billion, specializes in the research, design, development, and sales of integrated circuit products and related technical services across China and globally.

Operations: The company generates NT$15.83 billion in revenue from its semiconductor segment.

Insider Ownership: 14.4%

Earnings Growth Forecast: 65.8% p.a.

Silergy, amid recent leadership changes and a challenging quarter with decreased earnings and net income, still shows potential for robust growth. Analysts forecast Silergy’s revenue to grow by 23.6% annually, surpassing Taiwan's market average. Earnings are also expected to surge by 65.8% per year, indicating a strong recovery trajectory. However, the company's share price has been highly volatile recently, and profit margins have significantly declined from the previous year due to large one-off items affecting financial results.

TWSE:6415 Earnings and Revenue Growth as at May 2024
TWSE:6415 Earnings and Revenue Growth as at May 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 HOSE:FPT KOSDAQ:A196170 and TWSE:6415.

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