ASX Growth Companies With High Insider Ownership For August 2024

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The ASX200 broke its winning streak, closing slightly down by 0.04% at 8,024 points, with sectors like Telecommunication and Health Care showing modest gains while Utilities and Energy saw declines. In this fluctuating market environment, identifying growth companies with high insider ownership can offer unique investment opportunities as insider confidence often signals strong potential for long-term success.

Top 10 Growth Companies With High Insider Ownership In Australia

Name

Insider Ownership

Earnings Growth

Hartshead Resources (ASX:HHR)

13.9%

102.6%

Cettire (ASX:CTT)

28.7%

26.7%

Clinuvel Pharmaceuticals (ASX:CUV)

13.6%

27%

Acrux (ASX:ACR)

14.6%

115.6%

Liontown Resources (ASX:LTR)

16.4%

69.7%

Catalyst Metals (ASX:CYL)

17.5%

75.7%

Hillgrove Resources (ASX:HGO)

10.4%

49.4%

Adveritas (ASX:AV1)

21.1%

103.9%

Plenti Group (ASX:PLT)

12.8%

106.4%

Change Financial (ASX:CCA)

26.6%

77.9%

Click here to see the full list of 91 stocks from our Fast Growing ASX Companies With High Insider Ownership screener.

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

Cobram Estate Olives

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Cobram Estate Olives Limited is a food and agribusiness company engaged in olive farming and milling operations in Australia and the United States, with a market cap of A$696.00 million.

Operations: The company's revenue segments include olive farming and milling operations in Australia and the United States.

Insider Ownership: 18.4%

Cobram Estate Olives reported strong financial performance for the year ending June 30, 2024, with sales reaching A$227.8 million and net income increasing to A$18.5 million. The company launched its new 'Artisan Collection' of flavored EVOO products, targeting health-conscious consumers. Despite a challenging harvest year in Australia, production was higher than expected due to strategic replanting efforts. Forecasts indicate significant earnings growth over the next three years, outpacing the Australian market average.

ASX:CBO Earnings and Revenue Growth as at Aug 2024
ASX:CBO Earnings and Revenue Growth as at Aug 2024

DUG Technology

Simply Wall St Growth Rating: ★★★★★☆

Overview: DUG Technology Ltd is a technology company offering hardware and software solutions to the technology and resource sectors across Australia, the United States, the United Kingdom, Malaysia, and the United Arab Emirates with a market cap of A$375.63 million.

Operations: DUG Technology Ltd generates revenue by providing hardware and software solutions to the technology and resource sectors in multiple regions, including Australia, the United States, the United Kingdom, Malaysia, and the United Arab Emirates.