ASX Growth Companies With Up To 21% Insider Ownership
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Amidst a challenging day for the ASX200, which is currently down by 1.1%, and all sectors seeing declines, investor focus might naturally shift towards more resilient investment opportunities. High insider ownership can be an indicator of confidence from those closest to the company, potentially making such stocks appealing in turbulent times like these.
Top 10 Growth Companies With High Insider Ownership In Australia
| Name | Insider Ownership | Earnings Growth |
| Hartshead Resources (ASX:HHR) | 13.9% | 86.3% |
| Cettire (ASX:CTT) | 28.7% | 26.7% |
| Acrux (ASX:ACR) | 14.6% | 115.3% |
| Plenti Group (ASX:PLT) | 12.8% | 106.4% |
| Hillgrove Resources (ASX:HGO) | 10.4% | 45.4% |
| Change Financial (ASX:CCA) | 26.6% | 76.4% |
| Botanix Pharmaceuticals (ASX:BOT) | 11.4% | 120.9% |
| Liontown Resources (ASX:LTR) | 16.4% | 62.3% |
| DUG Technology (ASX:DUG) | 28.1% | 43.2% |
| SiteMinder (ASX:SDR) | 11.3% | 72.7% |
Below we spotlight a couple of our favorites from our exclusive screener.
Altium
Simply Wall St Growth Rating: ★★★★★☆
Overview: Altium Limited is a company that specializes in developing and selling computer software for electronic product design, operating both in the United States and internationally, with a market capitalization of approximately A$8.96 billion.
Operations: The company generates revenue primarily through its cloud platform and design software segments, totaling approximately $60.36 million and $221.94 million respectively.
Insider Ownership: 11.7%
Altium, a company with high insider ownership, is poised for notable growth with earnings expected to increase by 21.15% annually. Despite slower revenue growth forecasts at 16% per year compared to other high-growth firms, Altium outpaces the broader Australian market's 5.4%. The firm also boasts a strong projected Return on Equity of 36.5%. Recent strategic moves include a distribution agreement through Phase Holographic Imaging and Kem-En-Tec Nordic to boost its presence in Nordic bioscience sectors.
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Click here to discover the nuances of Altium with our detailed analytical future growth report.
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The valuation report we've compiled suggests that Altium's current price could be inflated.
Chrysos
Simply Wall St Growth Rating: ★★★★★☆
Overview: Chrysos Corporation Limited is involved in the development and supply of mining technology, with a market capitalization of approximately A$638.10 million.
Operations: The company generates revenue primarily through its mining services segment, totaling A$34.24 million.
Insider Ownership: 21.3%
Chrysos, despite high insider ownership, presents a mixed growth outlook. The company is set to become profitable within three years with expected earnings growth of 63.48% annually. Revenue is also projected to increase significantly at 35.3% per year, outpacing the Australian market average of 5.4%. However, challenges include a low forecasted Return on Equity of 7.8% and recent shareholder dilution over the past year, which may concern investors looking for robust equity returns.