Three ASX Growth Stocks With High Insider Ownership
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The Australian market is poised for a positive day, buoyed by gains in commodities and a recovery on Wall Street despite ongoing inflation concerns. In such an environment, identifying growth companies with high insider ownership can offer unique insights into potential investment opportunities, as these stocks often reflect strong internal confidence and alignment with shareholder interests.
Top 10 Growth Companies With High Insider Ownership In Australia
| Name | Insider Ownership | Earnings Growth |
| Hartshead Resources (ASX:HHR) | 13.9% | 102.6% |
| Clinuvel Pharmaceuticals (ASX:CUV) | 13.6% | 27.4% |
| Catalyst Metals (ASX:CYL) | 17% | 61.8% |
| AVA Risk Group (ASX:AVA) | 15.7% | 118.8% |
| Pointerra (ASX:3DP) | 18.7% | 126.4% |
| Liontown Resources (ASX:LTR) | 16.4% | 69.7% |
| Acrux (ASX:ACR) | 14.6% | 91.6% |
| Hillgrove Resources (ASX:HGO) | 10.4% | 70.5% |
| Adveritas (ASX:AV1) | 21.1% | 144.2% |
| Plenti Group (ASX:PLT) | 12.8% | 106.4% |
Underneath we present a selection of stocks filtered out by our screen.
Alpha HPA
Simply Wall St Growth Rating: ★★★★★☆
Overview: Alpha HPA Limited, with a market cap of A$1.02 billion, operates as a specialty metals and technology company.
Operations: The company's revenue segments include the HPA First Project, which generated A$0.04 million.
Insider Ownership: 17.3%
Earnings Growth Forecast: 44.7% p.a.
Alpha HPA is positioned for substantial growth with forecasted revenue increases of 96.8% per year, significantly outpacing the Australian market's 5.3% growth rate. Despite a net loss of A$24.98 million for the year ending June 2024, insider ownership remains high, indicating confidence in future profitability within three years. However, shareholders have faced dilution recently and current revenues are minimal at A$44K annually.
Aussie Broadband
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Aussie Broadband Limited (ASX:ABB) provides telecommunications and technology services in Australia, with a market cap of A$1.13 billion.
Operations: Aussie Broadband Limited's revenue segments include Business (A$96.97 million), Wholesale (A$159.73 million), Residential (A$585.07 million), Symbio Group (A$69.93 million), and Enterprise and Government (A$88.04 million).
Insider Ownership: 10.8%
Earnings Growth Forecast: 27.3% p.a.
Aussie Broadband is experiencing robust earnings growth, with a 21.5% increase over the past year and forecasted annual profit growth of 27.3%, outpacing the Australian market's 12.2%. Despite recent shareholder dilution and an expected low return on equity (11.4%) in three years, insider ownership remains high, reflecting confidence in future performance. Recent executive changes include John Reisinger's retirement and Andy Giles Knopp's appointment as Group CFO, enhancing strategic leadership amidst strong financial results for FY2024.