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3 ASX Growth Companies With High Insider Ownership

The Australian stock market is poised for a modest rise, with the ASX200 set to jump 0.40%, reflecting positive cues from Wall Street where the S&P500 neared a record high. In this environment, growth companies with high insider ownership can be particularly appealing as they often indicate strong confidence from those who know the business best.

Top 10 Growth Companies With High Insider Ownership In Australia

Name

Insider Ownership

Earnings Growth

Hartshead Resources (ASX:HHR)

13.9%

102.6%

Cettire (ASX:CTT)

28.7%

26.7%

Acrux (ASX:ACR)

14.6%

115.6%

Clinuvel Pharmaceuticals (ASX:CUV)

13.6%

27%

Liontown Resources (ASX:LTR)

16.4%

69.7%

Catalyst Metals (ASX:CYL)

17.5%

75.7%

Hillgrove Resources (ASX:HGO)

10.4%

49.4%

Adveritas (ASX:AV1)

21.1%

103.9%

Plenti Group (ASX:PLT)

12.8%

106.4%

Change Financial (ASX:CCA)

26.6%

77.9%

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

Below we spotlight a couple of our favorites from our exclusive screener.

Emerald Resources

Simply Wall St Growth Rating: ★★★★★☆

Overview: Emerald Resources NL is involved in the exploration and development of mineral reserves in Cambodia and Australia, with a market cap of A$2.72 billion.

Operations: Emerald Resources generates revenue primarily from its mine operations, amounting to A$339.32 million.

Insider Ownership: 18.4%

Return On Equity Forecast: 21% (2026 estimate)

Emerald Resources is a growth company in Australia with significant insider ownership. The company's earnings are forecast to grow at 20.1% per year, outpacing the Australian market's 13.3% annual growth rate. Despite trading at 55.3% below its estimated fair value, shareholders have experienced dilution over the past year. Recent presentations by MD Morgan Cain Hart at key mining forums highlight ongoing investor engagement and strategic direction, reinforcing its potential for substantial profit and revenue growth.

ASX:EMR Earnings and Revenue Growth as at Aug 2024
ASX:EMR Earnings and Revenue Growth as at Aug 2024

Ora Banda Mining

Simply Wall St Growth Rating: ★★★★★★

Overview: Ora Banda Mining Limited is an Australian company focused on the exploration, operation, and development of mineral properties, with a market cap of A$958.39 million.

Operations: Ora Banda Mining Limited generates its revenue primarily from gold mining, amounting to A$166.66 million.

Insider Ownership: 10.2%

Return On Equity Forecast: 52% (2026 estimate)

Ora Banda Mining exhibits strong growth potential with high insider ownership. Forecasts indicate a 106.84% annual earnings growth and a 46.4% yearly revenue increase, outpacing the broader Australian market's 5.3%. Despite past shareholder dilution, the stock trades at 94.4% below its estimated fair value and is expected to achieve profitability within three years, with a projected return on equity of 51.5%. Recent leadership changes include appointing geologist Kathryn Cutler as an independent Non-executive Director, enhancing its exploration expertise.

ASX:OBM Earnings and Revenue Growth as at Aug 2024
ASX:OBM Earnings and Revenue Growth as at Aug 2024

Technology One

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Technology One Limited develops, markets, sells, implements, and supports integrated enterprise business software solutions in Australia and internationally with a market cap of A$7.42 billion.

Operations: The company's revenue segments are Software (A$317.24 million), Corporate (A$83.83 million), and Consulting (A$68.13 million).

Insider Ownership: 12.3%

Return On Equity Forecast: 33% (2027 estimate)

Technology One demonstrates solid growth potential with significant insider ownership. The company's revenue is forecast to grow at 11.5% per year, outpacing the Australian market's 5.3%. Earnings grew by 13.1% over the past year and are expected to increase by 14.8% annually, faster than the broader market's 13.3%. Recent leadership changes include appointing Paul Robson as an independent Non-Executive Director, bringing extensive SaaS experience to drive strategic transformation and operational efficiency on a global scale.

ASX:TNE Ownership Breakdown as at Aug 2024
ASX:TNE Ownership Breakdown as at Aug 2024

Turning Ideas Into Actions

Curious About Other Options?

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.The analysis only considers stock directly held by insiders. It does not include indirectly owned stock through other vehicles such as corporate and/or trust entities. All forecast revenue and earnings growth rates quoted are in terms of annualised (per annum) growth rates over 1-3 years.

Companies discussed in this article include ASX:EMR ASX:OBM and ASX:TNE.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com