ASX Growth Companies With High Insider Stakes In June 2024

Amidst a challenging week for the ASX200, which saw a decline of 0.56%, and broader market headwinds influenced by deflationary pressures in China impacting Australian sectors, investors continue to seek resilient growth opportunities. High insider ownership can be an indicator of confidence in a company's future, potentially making such stocks appealing in the current economic landscape.

Top 10 Growth Companies With High Insider Ownership In Australia

Name	Insider Ownership	Earnings Growth
Hartshead Resources (ASX:HHR)	13.9%	86.3%
Cettire (ASX:CTT)	28.7%	29.9%
Gratifii (ASX:GTI)	15.6%	112.4%
Acrux (ASX:ACR)	14.6%	115.3%
Doctor Care Anywhere Group (ASX:DOC)	28.4%	96.4%
Plenti Group (ASX:PLT)	12.8%	106.4%
Hillgrove Resources (ASX:HGO)	10.4%	45.4%
Change Financial (ASX:CCA)	26.6%	85.4%
Botanix Pharmaceuticals (ASX:BOT)	11.4%	120.9%
Liontown Resources (ASX:LTR)	16.4%	63.9%

Click here to see the full list of 91 stocks from our Fast Growing ASX Companies With High Insider Ownership screener.

Here we highlight a subset of our preferred stocks from the screener.

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 capitalization of approximately A$631.24 million.

Operations: The company generates revenue primarily from its gold mining activities, totaling A$166.66 million.

Insider Ownership: 10.2%

Revenue Growth Forecast: 41.9% p.a.

Ora Banda Mining, a growth-focused company in Australia, shows promising financial trends with an expected revenue increase of 41.9% per year, outpacing the market's 5.3%. Despite past shareholder dilution, the firm is projected to turn profitable within three years—significantly above average market growth rates. Recent inclusion in the S&P/ASX All Ordinaries Index and substantial improvements in half-year earnings from A$65.59 million to A$96.35 million underscore its upward trajectory. However, there has been no insider trading activity reported in the past three months.

• Dive into the specifics of Ora Banda Mining here with our thorough growth forecast report.

• According our valuation report, there's an indication that Ora Banda Mining's share price might be on the cheaper side.

ASX:OBM Ownership Breakdown as at Jun 2024

PWR Holdings

Simply Wall St Growth Rating: ★★★★☆☆

Overview: PWR Holdings Limited operates in the design, production, and sale of cooling solutions across multiple countries including Australia, the US, and several European nations, with a market capitalization of approximately A$1.13 billion.

Operations: The company's revenue is divided into two main segments: PWR C&R, generating A$37.35 million, and PWR Performance Products, which contributes A$104.44 million.

Insider Ownership: 13.4%

Revenue Growth Forecast: 14.4% p.a.

PWR Holdings, a growth-oriented Australian company, is poised for robust expansion with earnings expected to increase by 17% annually, surpassing the market's 13.8%. Insider activities reflect confidence as more shares were purchased than sold recently, though not in large volumes. The forecasted revenue growth rate of 14.4% yearly also exceeds the Australian market average of 5.3%. Additionally, PWR's anticipated Return on Equity is high at 30.6%, indicating efficient profitability management relative to its equity base.

• Unlock comprehensive insights into our analysis of PWR Holdings stock in this growth report.

• Our valuation report unveils the possibility PWR Holdings' shares may be trading at a premium.

ASX:PWH Ownership Breakdown as at Jun 2024

SiteMinder

Simply Wall St Growth Rating: ★★★★★☆

Overview: SiteMinder Limited is a company that develops, markets, and sells online guest acquisition platforms and commerce solutions for accommodation providers globally, with a market capitalization of approximately A$1.33 billion.

Operations: The company generates its revenue primarily from software and programming services, totaling A$171.70 million.

Insider Ownership: 11.3%

Revenue Growth Forecast: 19.7% p.a.

SiteMinder, an Australian growth company, is set to see significant development with earnings projected to rise by 72.7% annually. Despite revenue growth forecasts of 19.7% per year, this is slightly below the 20% threshold often associated with high-growth entities. The firm's anticipated Return on Equity is strong at 24.9%, suggesting effective profitability management. Recently, SiteMinder was added to the S&P/ASX 200 Index, underscoring its market recognition and potential for future profitability within three years.

• Click to explore a detailed breakdown of our findings in SiteMinder's earnings growth report.

• Our valuation report here indicates SiteMinder may be overvalued.

ASX:SDR Ownership Breakdown as at Jun 2024

Make It Happen

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Want To Explore Some Alternatives?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.

• Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence.

• Find companies with promising cash flow potential yet trading below their fair value.

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:OBM ASX:PWH and ASX:SDR.

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