Spotlighting 3 Swedish Growth Stocks With Strong Insider Ownership

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As European markets show signs of optimism with the STOXX Europe 600 Index rising, investors are increasingly looking towards Sweden for growth opportunities amid hopes of swift interest rate cuts by the ECB. In this context, Swedish growth companies with high insider ownership are attracting attention as they often reflect strong confidence from those closest to the business and can offer resilience in fluctuating market conditions.

Top 10 Growth Companies With High Insider Ownership In Sweden

Name

Insider Ownership

Earnings Growth

CTT Systems (OM:CTT)

16.9%

24.8%

Truecaller (OM:TRUE B)

29.7%

21.6%

Magle Chemoswed Holding (OM:MAGLE)

14.9%

72.2%

Biovica International (OM:BIOVIC B)

18.3%

78.5%

BioArctic (OM:BIOA B)

34%

98.4%

KebNi (OM:KEBNI B)

36.3%

86.1%

Yubico (OM:YUBICO)

37.5%

42.2%

InCoax Networks (OM:INCOAX)

20.1%

115.5%

C-Rad (OM:CRAD B)

16.1%

33.9%

OrganoClick (OM:ORGC)

23.1%

109.0%

Click here to see the full list of 78 stocks from our Fast Growing Swedish Companies With High Insider Ownership screener.

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

BioArctic

Simply Wall St Growth Rating: ★★★★★★

Overview: BioArctic AB (publ) is a Swedish company that develops biological drugs for central nervous system disorders, with a market cap of SEK14.49 billion.

Operations: The company generates revenue from its biotechnology segment, amounting to SEK299.35 million.

Insider Ownership: 34%

Return On Equity Forecast: 28% (2027 estimate)

BioArctic demonstrates significant growth potential with insider ownership concentration, as its top three shareholders control approximately 84% of voting rights. Revenue is projected to grow at 42.4% annually, outpacing the Swedish market. Despite recent losses, analysts expect profitability within three years and a substantial stock price increase. The company's innovative pipeline includes exidavnemab for Parkinson's and Leqembi for Alzheimer's, the latter recently approved in multiple countries, enhancing its growth prospects.

OM:BIOA B Earnings and Revenue Growth as at Oct 2024
OM:BIOA B Earnings and Revenue Growth as at Oct 2024

Rusta

Simply Wall St Growth Rating: ★★★★★☆

Overview: Rusta AB (publ) is a retailer of home and leisure products operating in Sweden, Norway, Finland, and Germany with a market cap of SEK12.36 billion.

Operations: The company's revenue is segmented as follows: SEK6.43 billion from Sweden, SEK2.39 billion from Norway, and SEK2.41 billion from other markets.

Insider Ownership: 10.2%

Return On Equity Forecast: 32% (2027 estimate)

Rusta is experiencing robust growth, with earnings projected to rise 21.5% annually, outpacing the Swedish market. The company recently expanded its store network significantly, opening new locations in Sweden and Norway as part of a large-scale expansion strategy. While revenue growth is slower at 9% per year, it still surpasses the national average. High insider ownership aligns management interests with shareholders, supporting Rusta's strategic focus on long-term growth and profitability enhancement.

OM:RUSTA Earnings and Revenue Growth as at Oct 2024
OM:RUSTA Earnings and Revenue Growth as at Oct 2024

Truecaller

Simply Wall St Growth Rating: ★★★★★★

Overview: Truecaller AB (publ) develops and publishes mobile caller ID applications for individuals and businesses across India, the Middle East, Africa, and internationally, with a market cap of SEK15.24 billion.

Operations: The company generates revenue primarily from its communications software segment, totaling SEK1.72 billion.

Insider Ownership: 29.7%

Return On Equity Forecast: 42% (2027 estimate)

Truecaller is poised for substantial growth, with projected revenue and earnings increases of over 20% annually, surpassing the Swedish market. The company has not seen significant insider selling recently, indicating confidence in its future prospects. A strategic partnership with Halan enhances Truecaller's market presence by integrating its Verified Business Caller ID solution. Recent executive appointments and a share buyback program further underscore Truecaller's commitment to growth and shareholder value enhancement in a competitive landscape.

OM:TRUE B Earnings and Revenue Growth as at Oct 2024
OM:TRUE B Earnings and Revenue Growth as at Oct 2024

Taking Advantage

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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:RUSTA and OM:TRUE B.

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