ASX Growth Leaders With High Insider Stakes July 2024

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The Australian market has experienced a slight decline of 1.4% over the past week, yet it maintains a positive trajectory with a 6.5% increase over the last year and earnings expected to grow by 13% annually. In this context, growth companies with high insider ownership can be particularly compelling, as they often signal 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

Hartshead Resources (ASX:HHR)

13.9%

86.3%

Cettire (ASX:CTT)

28.7%

26.7%

Acrux (ASX:ACR)

14.6%

115.3%

Change Financial (ASX:CCA)

26.6%

76.4%

Plenti Group (ASX:PLT)

12.8%

106.4%

Hillgrove Resources (ASX:HGO)

10.4%

45.4%

Biome Australia (ASX:BIO)

34.5%

114.4%

Liontown Resources (ASX:LTR)

16.4%

50.8%

Argosy Minerals (ASX:AGY)

14.5%

129.6%

Chrysos (ASX:C79)

21.3%

63.5%

Click here to see the full list of 89 stocks from our Fast Growing ASX Companies With High Insider Ownership screener.

Let's take a closer look at a couple of our picks from the screened companies.

Cettire

Simply Wall St Growth Rating: ★★★★★★

Overview: Cettire Limited operates as an online retailer of luxury goods, serving customers in Australia, the United States, and other international markets, with a market capitalization of approximately A$557.93 million.

Operations: The company generates its revenue primarily through online retail sales, amounting to A$582.79 million.

Insider Ownership: 28.7%

Cettire, an Australian growth company with high insider ownership, has shown a highly volatile share price recently. Despite this, its earnings are expected to grow by 26.7% annually, outpacing the broader Australian market's forecast of 13%. Additionally, Cettire's revenue is projected to increase by 23.6% each year. The firm became profitable this year and is trading at a significant discount—71.3% below its estimated fair value—highlighting potential for investors despite past shareholder dilution and lack of recent insider trading activity.

ASX:CTT Earnings and Revenue Growth as at Jul 2024
ASX:CTT Earnings and Revenue Growth as at Jul 2024

Emerald Resources

Simply Wall St Growth Rating: ★★★★★☆

Overview: Emerald Resources NL is a company focused on the exploration and development of mineral reserves in Cambodia and Australia, with a market capitalization of approximately A$2.35 billion.

Operations: The primary revenue segment for the company is derived from mine operations, totaling A$339.32 million.

Insider Ownership: 18.5%