November 2024's Top Growth Stocks Backed By Insiders

In This Article:

As global markets navigate a busy earnings season and mixed economic signals, growth stocks have faced challenges, with major indices like the Nasdaq Composite experiencing fluctuations amidst cautious corporate reports. In this environment, companies with high insider ownership can offer unique insights into potential resilience and confidence from those closest to the business.

Top 10 Growth Companies With High Insider Ownership

Name

Insider Ownership

Earnings Growth

Lavvi Empreendimentos Imobiliários (BOVESPA:LAVV3)

17.3%

21.5%

Medley (TSE:4480)

34%

30.4%

Pharma Mar (BME:PHM)

11.8%

56.4%

Findi (ASX:FND)

34.8%

64.8%

Credo Technology Group Holding (NasdaqGS:CRDO)

13.9%

95%

Alkami Technology (NasdaqGS:ALKT)

11.2%

98.6%

Adveritas (ASX:AV1)

21.2%

144.2%

Plenti Group (ASX:PLT)

12.8%

107.6%

EHang Holdings (NasdaqGM:EH)

32.8%

81.4%

Brightstar Resources (ASX:BTR)

14.8%

84.6%

Click here to see the full list of 1537 stocks from our Fast Growing Companies With High Insider Ownership screener.

Here's a peek at a few of the choices from the screener.

MTAR Technologies

Simply Wall St Growth Rating: ★★★★★☆

Overview: MTAR Technologies Limited is a precision engineering solutions company that develops, manufactures, and sells high precision, heavy equipment, components, and machines both in India and internationally with a market cap of ?51.10 billion.

Operations: MTAR Technologies generates revenue of ?5.80 billion from its operations in manufacturing high precision and heavy equipment, components, and machines.

Insider Ownership: 36.4%

Revenue Growth Forecast: 26.8% p.a.

MTAR Technologies is experiencing significant growth prospects, with earnings expected to grow over 51% annually, outpacing the Indian market. Despite a decline in profit margins from last year, revenue is forecasted to increase by 26.8% per year. Recent financials show mixed results; Q2 revenue rose to INR 1.92 billion from INR 1.68 billion last year, but net income decreased slightly. A recent defense contract worth INR 154 million underscores its strategic positioning in advanced technology sectors.

NSEI:MTARTECH Ownership Breakdown as at Nov 2024
NSEI:MTARTECH Ownership Breakdown as at Nov 2024

Thonburi Healthcare Group

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Thonburi Healthcare Group Public Company Limited, along with its subsidiaries, operates private hospitals in Thailand and has a market capitalization of approximately THB15.68 billion.

Operations: The company's revenue segments include Hospital Operations (THB8.44 billion), Hospital Management (THB773.28 million), Healthcare Solution Provider (THB381.29 million), and Development and Sales of Hospital Operation Software (THB36.84 million).