In recent trading, the ASX200 has experienced a slight dip, with Information Technology leading as the best-performing sector. In this context of fluctuating market dynamics, stocks with high insider ownership can be particularly appealing as they often indicate confidence from those closest to the company’s operations and future prospects.
|
Name |
Insider Ownership |
Earnings Growth |
|
SKS Technologies Group (ASX:SKS) |
29.7% |
24.8% |
|
Medallion Metals (ASX:MM8) |
13.8% |
67.5% |
|
Acrux (ASX:ACR) |
20.2% |
91.8% |
|
AVA Risk Group (ASX:AVA) |
15.7% |
77.3% |
|
IperionX (ASX:IPX) |
19% |
67% |
|
Pointerra (ASX:3DP) |
23.8% |
126.4% |
|
Newfield Resources (ASX:NWF) |
31.5% |
72.1% |
|
Plenti Group (ASX:PLT) |
12.8% |
120.1% |
|
Brightstar Resources (ASX:BTR) |
16.2% |
84.5% |
|
Findi (ASX:FND) |
34.8% |
112.9% |
Here we highlight a subset of our preferred stocks from the screener.
Simply Wall St Growth Rating: ★★★★★★
Overview: IperionX Limited is involved in the exploration and development of mineral properties in the United States, with a market capitalization of A$1.66 billion.
Operations: IperionX Limited’s revenue segments are currently not generating any revenue.
Insider Ownership: 19%
IperionX has experienced substantial insider buying over the past three months, indicating confidence in its future prospects. The company recently completed a follow-on equity offering of A$100 million, which may dilute existing shareholders but supports growth initiatives. IperionX is expected to achieve high revenue growth at 66.2% annually, outpacing the market average and becoming profitable within three years. However, it currently generates less than US$1 million in revenue.
Simply Wall St Growth Rating: ★★★★★☆
Overview: Kogan.com Ltd is an online retailer operating in Australia with a market capitalization of A$615.41 million.
Operations: The company generates revenue through its operations in Australia and New Zealand, with A$277.82 million from Kogan Parent-Australia, A$11.20 million from Mighty Ape-Australia, A$135.34 million from Mighty Ape-New Zealand, and A$35.35 million from Kogan Parent-New Zealand.
Insider Ownership: 19.7%
Kogan.com, with high insider ownership, is trading at 70% below its estimated fair value, indicating potential undervaluation. The company’s earnings are expected to grow significantly at 30.4% annually over the next three years, surpassing the Australian market’s growth rate of 12.5%. While Kogan recently became profitable and its Return on Equity is projected to be high at 22.6%, revenue growth is forecasted at a modest 5.9% per year. Recent changes include KPMG’s resignation as auditor following ASIC consent.
