ASX Growth Companies With High Insider Ownership In October 2024
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As the ASX200 experiences modest gains, with sectors like Materials leading the charge, investor sentiment remains cautious amid concerns over China's market reactions to recent stimulus announcements. In this mixed economic landscape, identifying growth companies with high insider ownership can be particularly appealing as these firms often signal strong internal confidence and alignment with shareholder interests.
Top 10 Growth Companies With High Insider Ownership In Australia
| Name | Insider Ownership | Earnings Growth |
| Clinuvel Pharmaceuticals (ASX:CUV) | 10.4% | 27.4% |
| Genmin (ASX:GEN) | 12% | 117.7% |
| Catalyst Metals (ASX:CYL) | 17% | 45.8% |
| AVA Risk Group (ASX:AVA) | 15.7% | 118.8% |
| Liontown Resources (ASX:LTR) | 14.7% | 61% |
| Hillgrove Resources (ASX:HGO) | 10.4% | 71.3% |
| Acrux (ASX:ACR) | 17.4% | 91.6% |
| Pointerra (ASX:3DP) | 20.1% | 126.4% |
| Adveritas (ASX:AV1) | 21.1% | 144.2% |
| Plenti Group (ASX:PLT) | 12.8% | 106.4% |
Here we highlight a subset of our preferred stocks from the screener.
Cettire
Simply Wall St Growth Rating: ★★★★★☆
Overview: Cettire Limited operates as an online luxury goods retailer in Australia, the United States, and internationally with a market cap of A$865.41 million.
Operations: The company's revenue primarily stems from online retail sales, amounting to A$742.26 million.
Insider Ownership: 33.5%
Revenue Growth Forecast: 16.1% p.a.
Cettire demonstrates strong growth potential with earnings forecasted to increase significantly at 29% annually, outpacing the Australian market's 12.2%. Despite a volatile share price, insider confidence is evident with substantial buying activity and no major sales in recent months. However, profit margins have decreased from last year. Recent executive changes include Caroline Elliott joining as an Independent Non-Executive Director, potentially strengthening governance as the company anticipates continued revenue growth.
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Click here and access our complete growth analysis report to understand the dynamics of Cettire.
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Our valuation report unveils the possibility Cettire's shares may be trading at a premium.
Liontown Resources
Simply Wall St Growth Rating: ★★★★★★
Overview: Liontown Resources Limited focuses on the exploration, evaluation, and development of mineral properties in Australia with a market cap of A$2.02 billion.
Operations: Liontown Resources Limited does not currently report any revenue segments.
Insider Ownership: 14.7%
Revenue Growth Forecast: 40.3% p.a.
Liontown Resources anticipates significant revenue growth of 40.3% annually, surpassing the Australian market's 5.5%. Despite reporting a net loss of A$64.92 million for the year ending June 2024, insider buying activity suggests confidence in future prospects, with no substantial sales in recent months. Governance improvements are highlighted by Ian Wells' appointment as Lead Independent Director. The company's return on equity is forecasted to be high at 23.1% in three years, indicating potential profitability ahead.