ASX Growth Companies With High Insider Ownership

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The market has stayed flat over the past 7 days but is up 11% over the past year, with earnings forecast to grow by 12% annually. In this environment, growth companies with high insider ownership can be particularly appealing as they often 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%

Click here to see the full list of 92 stocks from our Fast Growing ASX Companies With High Insider Ownership screener.

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

Flight Centre Travel Group

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Flight Centre Travel Group Limited, with a market cap of A$4.73 billion, offers travel retailing services for both leisure and corporate clients across Australia, New Zealand, the Americas, Europe, the Middle East, Africa, Asia, and internationally.

Operations: The company's revenue segments include A$1.35 billion from leisure travel retailing services and A$1.11 billion from corporate travel retailing services.

Insider Ownership: 13.5%

Earnings Growth Forecast: 19.7% p.a.

Flight Centre Travel Group is a growth company with high insider ownership, forecasted to grow earnings by 19.7% annually, outpacing the Australian market's 12.3%. Revenue is expected to grow at 8% per year. Recent full-year results showed sales of A$2.71 billion and net income of A$139 million, reflecting significant growth from the previous year. The company plans acquisitions and investments to double its Cruise & Touring sales, leveraging strong cash reserves for ongoing expansion efforts.

ASX:FLT Ownership Breakdown as at Sep 2024
ASX:FLT Ownership Breakdown as at Sep 2024

IperionX

Simply Wall St Growth Rating: ★★★★★☆

Overview: IperionX Limited focuses on the exploration and development of mineral properties in the United States, with a market cap of A$709.84 million.

Operations: IperionX Limited's revenue segments primarily include exploration and development activities related to its mineral properties in the United States.

Insider Ownership: 16.8%

Earnings Growth Forecast: 49.9% p.a.

IperionX has seen substantial insider buying over the past three months and is forecasted to achieve significant revenue growth of 73.5% annually, far outpacing the Australian market. The company recently commissioned its HAMRTM furnace, marking a breakthrough in titanium production capacity. Additionally, a partnership with Aperam Recycling aims to upcycle titanium scrap into high-performance products, reinforcing IperionX's fully circular and sustainable supply chain solution. However, shareholders experienced dilution last year.

ASX:IPX Earnings and Revenue Growth as at Sep 2024
ASX:IPX Earnings and Revenue Growth as at Sep 2024

Nanosonics

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Nanosonics Limited, with a market cap of A$960.50 million, operates as an infection prevention company on a global scale.

Operations: Nanosonics Limited generates revenue primarily from its Healthcare Equipment segment, amounting to A$170.01 million.

Insider Ownership: 15.1%

Earnings Growth Forecast: 23.2% p.a.

Nanosonics, with substantial insider ownership, is forecasted to see earnings grow 23.15% annually over the next three years, outpacing the Australian market's 12.3%. Despite this growth potential and trading at 37.5% below its estimated fair value, recent earnings reports show a decline in profit margins from 12% to 7.6%, and net income fell from A$19.88 million to A$12.97 million year-over-year, indicating some financial challenges ahead.

ASX:NAN Ownership Breakdown as at Sep 2024
ASX:NAN Ownership Breakdown as at Sep 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 ASX:FLT ASX:IPX and ASX:NAN.

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