3 Swedish growth stocks with high insider ownership that expect earnings growth of up to 98%

As European markets show signs of optimism with the pan-European STOXX Europe 600 rising amid hopes of faster interest rate cuts, Swedish growth stocks are drawing attention for their potential to take advantage of these favorable conditions. In this context, companies with high insider ownership can be particularly attractive, as they often indicate strong trust from those closest to the business and can offer promising prospects in a market environment where strategic positioning and a government solid are key.

Top 10 growing companies with high insider ownership in Sweden

Click here to see the full list of 78 stocks in our fast-growing Swedish companies with high insider ownership.

Let’s explore several options highlighted in the selection screen results.

Simply Wall St Growth Rating: ★★★★★★

Overview: BioArctic AB (publ) focuses on the development of biological drugs for central nervous system disorders in Sweden and has a market capitalization of SEK 14.49 billion.

Operations: The company’s revenue segment includes SEK 299.35 million from its biotechnology operations.

Privileged property: 34%

Earnings growth forecast: 98.4% annually

BioArctic, a growing Swedish company with substantial insider holdings, is experiencing significant developments. The recent executive changes highlight the influence of the main shareholders who control approximately 84% of the voting rights. The company reported improvements in quarterly sales, but is still facing net losses. Despite the high volatility, BioArctic’s revenue and earnings are expected to grow rapidly over the next three years, outperforming market averages. The approval of Leqembi in multiple regions underscores its potential in advancing the treatment of Alzheimer’s.

Simply Wall St Growth Rating: ★★★★★☆

Overview: Rusta AB (publ) is a home and leisure products retailer operating in Sweden, Norway, Finland and Germany with a market capitalization of SEK 12.36 billion.

Operations: The company’s revenue is broken down as follows: SEK 2.39 billion from Norway, SEK 6.43 billion from Sweden and SEK 2.41 billion from other markets.

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Privileged property: 10.2%

Earnings growth forecast: 21.5% annually

Rusta, a growing Swedish company with substantial prime holdings, is aggressively expanding with new store openings in Sweden and Norway, aligning with its long-term growth strategy. The company’s earnings are expected to grow significantly at 21.5% annually, beating the Swedish market average. Recent financial results show improved sales of SEK 3.07 billion and net income of SEK 231 million for Q1 2024. Despite listing below estimated fair value, Rusta continues to invest in market expansion without the recent insider activity being observed.

Simply Wall St Growth Rating: ★★★★★★

Overview: Truecaller AB (publ) develops and publishes mobile caller ID applications for individuals and businesses in India, the Middle East, Africa and internationally, with a market capitalization of approximately SEK 15.24 billion.

Operations: The company’s revenue comes primarily from its communications software segment, which generated SEK 1.72 billion.

Privileged property: 29.7%

Earnings growth forecast: 21.6% annually

Truecaller, with significant insider ownership, is positioned for strong growth, with earnings expected to rise 21.6% annually, beating the Swedish market average. Recent strategic moves include a partnership with Halan to improve communications security and the appointment of Seema Jindal in India to support regulatory compliance. Despite the decline in recent quarterly earnings, Truecaller is trading below its estimated fair value and insiders have been net buyers over the past three months.

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This Simply Wall St article 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 shares, and does not take into account your goals or financial situation. Our goal is to provide you with long-term analysis based on fundamental data. Please note that our analysis may not take into account the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stock mentioned. The analysis only considers shares held directly by insiders. Does not include shares owned indirectly through other vehicles, such as corporate and/or trust entities. All projected revenue and earnings growth rates are shown in terms of annualized growth rates (per year) over 1-3 years.

Companies discussed in this article include OM:BIOA B OM:RUSTA and OM:TRUE B.

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