3 High Growth ASX Stocks With Significant Insider Ownership
In This Article:
As the ASX200 is expected to fall 1.85% on Monday, mirroring declines in US markets due to weak tech earnings and disappointing job growth, investors are increasingly seeking stability in high-growth companies with significant insider ownership. In uncertain market conditions like these, stocks with substantial insider ownership can indicate strong confidence from those closest to the company’s operations and future prospects.
Top 10 Growth Companies With High Insider Ownership In Australia
| Name | Insider Ownership | Earnings Growth |
| Cettire (ASX:CTT) | 28.7% | 26.7% |
| Acrux (ASX:ACR) | 14.6% | 115.3% |
| Clinuvel Pharmaceuticals (ASX:CUV) | 13.6% | 26.8% |
| Liontown Resources (ASX:LTR) | 16.4% | 63.5% |
| Catalyst Metals (ASX:CYL) | 17.5% | 75.7% |
| Hillgrove Resources (ASX:HGO) | 10.4% | 49.4% |
| Lotus Resources (ASX:LOT) | 12.4% | 58.0% |
| Ora Banda Mining (ASX:OBM) | 10.2% | 106.8% |
| Plenti Group (ASX:PLT) | 12.8% | 106.4% |
| Change Financial (ASX:CCA) | 26.6% | 77.9% |
We're going to check out a few of the best picks from our screener tool.
Nanosonics
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Nanosonics Limited, with a market cap of A$954.44 million, operates as an infection prevention company in Australia and internationally through its subsidiaries.
Operations: The company generates revenue primarily from its Healthcare Equipment segment, amounting to A$164.07 million.
Insider Ownership: 15.1%
Earnings Growth Forecast: 22.6% p.a.
Nanosonics is poised for substantial growth, with earnings forecast to rise by 22.6% annually, significantly outpacing the Australian market's 13.1%. Recent earnings have surged by 53.2%, and revenue is expected to grow at 9.6% per year, also above market rates. Despite a low forecasted Return on Equity of 12.5%, the stock trades at a significant discount to its estimated fair value, and insider transactions have been more positive than negative over the past three months.
-
Get an in-depth perspective on Nanosonics' performance by reading our analyst estimates report here.
-
Our valuation report unveils the possibility Nanosonics' shares may be trading at a premium.
RPMGlobal Holdings
Simply Wall St Growth Rating: ★★★★☆☆
Overview: RPMGlobal Holdings Limited develops and provides mining software solutions across Australia, Asia, the Americas, Africa, and Europe with a market cap of A$617.29 million.
Operations: Revenue segments (in millions of A$): Advisory: 28.56, Software: 71.72
Insider Ownership: 10.6%
Earnings Growth Forecast: 24% p.a.
RPMGlobal Holdings is experiencing robust growth, with earnings expected to increase by 24% annually and revenue forecasted to grow at 10.2% per year, both surpassing the Australian market averages. The company recently expanded its equity buyback plan and extended its duration, signaling confidence in future performance. RPMGlobal also became profitable this year and trades slightly below its estimated fair value, indicating potential for further appreciation.