3 ASX Growth Stocks With Insider Ownership Up To 33%
In This Article:
The Australian stock market has recently seen the ASX200 reach a new intraday record, buoyed by strong performances in financials and industrials, although energy stocks have lagged due to revised demand forecasts from OPEC. In this context of fluctuating sector performance, growth companies with significant insider ownership can be particularly appealing as they often indicate confidence in the company's future prospects.
Top 10 Growth Companies With High Insider Ownership In Australia
| Name | Insider Ownership | Earnings Growth |
| Clinuvel Pharmaceuticals (ASX:CUV) | 10.4% | 27.4% |
| Genmin (ASX:GEN) | 12% | 117.7% |
| Catalyst Metals (ASX:CYL) | 17% | 45.8% |
| AVA Risk Group (ASX:AVA) | 15.7% | 118.8% |
| Liontown Resources (ASX:LTR) | 14.7% | 61% |
| Hillgrove Resources (ASX:HGO) | 10.4% | 70.2% |
| Acrux (ASX:ACR) | 17.4% | 91.6% |
| Pointerra (ASX:3DP) | 20.1% | 126.4% |
| Adveritas (ASX:AV1) | 21.2% | 144.2% |
| Plenti Group (ASX:PLT) | 12.8% | 106.4% |
Here's a peek at a few of the choices from the screener.
Cettire
Simply Wall St Growth Rating: ★★★★★☆
Overview: Cettire Limited operates as an online luxury goods retailer in Australia, the United States, and internationally, with a market cap of A$865.41 million.
Operations: The company's revenue is primarily generated from online retail sales, amounting to A$742.26 million.
Insider Ownership: 33.5%
Cettire demonstrates strong growth potential with earnings expected to increase significantly at 29% annually, outpacing the Australian market. Despite recent volatility in its share price and declining profit margins from 3.8% to 1.4%, insider buying has been substantial, indicating confidence in future prospects. The company trades at a discount of 22.9% below estimated fair value, while revenue forecasts suggest slower growth than earnings but still above the market average. Recent board changes may enhance strategic direction.
-
Click here to discover the nuances of Cettire with our detailed analytical future growth report.
-
Our expertly prepared valuation report Cettire implies its share price may be too high.
Emerald Resources
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Emerald Resources NL is involved in the exploration and development of mineral reserves in Cambodia and Australia, with a market cap of A$2.64 billion.
Operations: The company generates revenue primarily from its mine operations, totaling A$366.04 million.
Insider Ownership: 18%
Emerald Resources shows promising growth with revenue expected to rise at 35.2% annually, surpassing the Australian market's 5.5%. Earnings grew by 41.9% last year, and future profit growth is projected at 16.2% per year, above market average but not significantly high. Recent earnings report highlighted a net income increase to A$84.27 million from A$59.36 million previously, while insider ownership remains stable despite past dilution concerns and no recent insider trading activity noted.