ASX Growth Companies With High Insider Ownership
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The Australian market has been relatively flat, with the ASX200 set to trade unchanged for a second consecutive day and European markets showing little movement. In such steady conditions, investors often look for growth companies with high insider ownership as these stocks can indicate strong confidence from those closest to the business.
Top 10 Growth Companies With High Insider Ownership In Australia
| Name | Insider Ownership | Earnings Growth |
| Hartshead Resources (ASX:HHR) | 13.9% | 102.6% |
| Clinuvel Pharmaceuticals (ASX:CUV) | 13.6% | 27.4% |
| Catalyst Metals (ASX:CYL) | 17.5% | 61.8% |
| AVA Risk Group (ASX:AVA) | 15.6% | 118.8% |
| Acrux (ASX:ACR) | 14.6% | 129.6% |
| Liontown Resources (ASX:LTR) | 16.4% | 69.7% |
| Hillgrove Resources (ASX:HGO) | 10.4% | 69.2% |
| Adveritas (ASX:AV1) | 21.1% | 144.2% |
| Plenti Group (ASX:PLT) | 12.8% | 106.4% |
| Change Financial (ASX:CCA) | 26.6% | 77.1% |
We'll examine a selection from our screener results.
Flight Centre Travel Group
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Flight Centre Travel Group Limited (ASX:FLT) provides travel retailing services for both leisure and corporate sectors across various regions globally, with a market cap of A$4.73 billion.
Operations: The company generates revenue from two main segments: A$1.35 billion from leisure travel services and A$1.11 billion from corporate travel services.
Insider Ownership: 13.5%
Earnings Growth Forecast: 19.7% p.a.
Flight Centre Travel Group (ASX:FLT) demonstrates strong growth potential, supported by high insider ownership. Recently, the company reported a significant rise in net income to A$139 million from A$47 million last year and announced plans for acquisitions to double its Cruise & Touring sales. Despite an unstable dividend track record, FLT's earnings are forecasted to grow at 19.72% annually, outpacing the Australian market's average growth rate of 12.3%.
Nanosonics
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Nanosonics Limited is a global infection prevention company with a market cap of A$960.50 million.
Operations: Nanosonics generates revenue primarily from its Healthcare Equipment segment, which totals A$170.01 million.
Insider Ownership: 15.1%
Earnings Growth Forecast: 23.2% p.a.
Nanosonics demonstrates growth potential with high insider ownership, although recent earnings results show a mixed picture. The company reported sales of A$170.01 million for the year ended June 30, 2024, up from A$165.99 million last year, but net income decreased to A$12.97 million from A$19.88 million. Despite this decline in profit margins and significant insider selling over the past three months, earnings are forecasted to grow significantly at 23.15% annually over the next three years.