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Swedish Growth Stocks With High Insider Ownership To Watch In May 2024

As global markets experience fluctuations, with some indices reaching new highs and others showing mixed results, Sweden's market continues to attract attention for its unique investment opportunities. In this context, growth companies with high insider ownership stand out as particularly noteworthy, suggesting a strong alignment of interests between company management and shareholders.

Top 10 Growth Companies With High Insider Ownership In Sweden

Name

Insider Ownership

Earnings Growth

CTT Systems (OM:CTT)

16.9%

21.6%

Spago Nanomedical (OM:SPAGO)

16.1%

52.1%

BioArctic (OM:BIOA B)

35.1%

63%

Calliditas Therapeutics (OM:CALTX)

11.6%

49.9%

Sileon (OM:SILEON)

33.3%

109.3%

InCoax Networks (OM:INCOAX)

18.9%

104.9%

KebNi (OM:KEBNI B)

37.8%

90.4%

Egetis Therapeutics (OM:EGTX)

17.6%

98.2%

Yubico (OM:YUBICO)

37.5%

43%

SaveLend Group (OM:YIELD)

24.8%

106.8%

Click here to see the full list of 84 stocks from our Fast Growing Swedish Companies With High Insider Ownership screener.

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We'll examine a selection from our screener results.

BioArctic

Simply Wall St Growth Rating: ★★★★★★

Overview: BioArctic AB (publ), based in Sweden, specializes in developing biological drugs for central nervous system disorders and has a market capitalization of SEK 19.70 billion.

Operations: The company specializes in the development of biological drugs targeting central nervous system disorders, generating revenue primarily from this core segment.

Insider Ownership: 35.1%

BioArctic, a Swedish biopharmaceutical company, is expected to become profitable within three years with forecasted annual profit growth surpassing market expectations. Analysts predict substantial stock price appreciation and see the stock trading significantly below its estimated fair value. Recent strategic alliances, like the one with Eisai for Alzheimer's treatment BAN2802, highlight ongoing innovation and potential market impact. However, recent financial results show a sharp decline in sales and a switch from net income to loss year-over-year.

OM:BIOA B Ownership Breakdown as at May 2024
OM:BIOA B Ownership Breakdown as at May 2024

Fortnox

Simply Wall St Growth Rating: ★★★★★☆

Overview: Fortnox AB (publ) offers financial and administrative software solutions tailored for small and medium-sized enterprises, accounting firms, and organizations, with a market capitalization of SEK 43.11 billion.

Operations: The company generates revenue through various segments including Core Products (SEK 698 million), The Agency (SEK 327 million), Entrepreneurship (SEK 356 million), and Marketplaces (SEK 150 million).

Insider Ownership: 21%

Fortnox AB, a growth-focused Swedish company, has shown robust financial performance with a significant 58.8% earnings growth over the past year and forecasts indicating continued strong earnings and revenue expansion above market averages. Despite this positive outlook, insider transactions have been minimal in recent months. The company recently reported a substantial increase in Q1 revenues to SEK 473 million and net income to SEK 149 million, underscoring its upward trajectory amidst high insider ownership.

OM:FNOX Earnings and Revenue Growth as at May 2024
OM:FNOX Earnings and Revenue Growth as at May 2024

AB Sagax

Simply Wall St Growth Rating: ★★★★☆☆

Overview: AB Sagax (publ) is a property company active in Sweden, Finland, France, Benelux, Spain, Germany, and other European countries with a market capitalization of approximately SEK 103.47 billion.

Operations: The company generates revenue primarily through real estate rentals, amounting to SEK 4.47 billion.

Insider Ownership: 28.3%

AB Sagax, a Swedish property investment firm, demonstrates robust growth with a 53.3% increase in earnings over the past year and an anticipated significant earnings growth of 33.75% annually for the next three years. Despite slower revenue growth projections at 9.3% per year, this still outpaces the market prediction of 1.9%. Recent financial results show a strong rebound with Q1 sales reaching SEK 1.19 billion and net income of SEK 1.08 billion after a previous net loss, highlighting potential resilience and profitability in its operations.

OM:SAGA A Ownership Breakdown as at May 2024
OM:SAGA A Ownership Breakdown as at May 2024

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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 OM:BIOA B OM:FNOX and OM:SAGA A.

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