Exploring Top Glove Corporation Bhd And Two More Growth Stocks With Significant Insider Ownership

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As global markets show signs of recovery with indices like the S&P 500 nearing record highs and various regions experiencing economic growth, investors are keenly observing market trends and potential opportunities. In this context, growth companies with high insider ownership can be particularly compelling, as significant insider stakes often signal confidence in the company's future from those who know it best.

Top 10 Growth Companies With High Insider Ownership

Name

Insider Ownership

Earnings Growth

Medley (TSE:4480)

34.1%

23.6%

Gaming Innovation Group (OB:GIG)

22.8%

36.2%

Calliditas Therapeutics (OM:CALTX)

11.6%

49.9%

Elliptic Laboratories (OB:ELABS)

31.4%

124.6%

KebNi (OM:KEBNI B)

37.8%

90.4%

Nordic Halibut (OB:NOHAL)

29.9%

56.0%

EHang Holdings (NasdaqGM:EH)

33%

97.1%

La Fran?aise de l'Energie (ENXTPA:FDE)

20.1%

37.6%

OSE Immunotherapeutics (ENXTPA:OSE)

25.1%

92.9%

Adocia (ENXTPA:ADOC)

12.9%

104.5%

Click here to see the full list of 1504 stocks from our Fast Growing Companies With High Insider Ownership screener.

We're going to check out a few of the best picks from our screener tool.

Top Glove Corporation Bhd

Simply Wall St Growth Rating: ★★★★★☆

Overview: Top Glove Corporation Bhd is a Malaysian investment holding company that specializes in manufacturing, trading, and selling gloves both domestically and internationally, with a market capitalization of approximately MYR 7.69 billion.

Operations: The company generates its revenue primarily from the gloves manufacturing industry, totaling approximately MYR 2.05 billion.

Insider Ownership: 29.9%

Earnings Growth Forecast: 116.0% p.a.

Top Glove Corporation Bhd, a company with high insider ownership, has recently seen substantial insider buying and no significant selling. This trend could indicate confidence from those closest to the company. Despite a challenging period with decreased sales and net losses in its latest reports, Top Glove is expected to return to profitability within three years. The forecasted revenue growth rate is significantly above the market average at 32.5% per year, highlighting potential for substantial growth ahead. Additionally, recent board changes include appointing experienced financial professionals which might strengthen governance and strategic planning.

KLSE:TOPGLOV Ownership Breakdown as at May 2024

Nordstrom

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Nordstrom, Inc. is a fashion retailer offering apparel, shoes, beauty products, accessories, and home goods across various demographics, with a market capitalization of approximately $3.45 billion.