3 TSX Growth Companies With Insider Ownership As High As 26%

The Canadian market has been navigating a complex landscape, with rising long-term bond yields impacting investor sentiment and causing fluctuations in stock prices. In this environment, identifying growth companies with substantial insider ownership can be crucial, as it may indicate confidence from those closest to the company's operations and potential resilience amid economic uncertainties.

Top 10 Growth Companies With High Insider Ownership In Canada

Name	Insider Ownership	Earnings Growth
Sernova Biotherapeutics (TSX:SVA)	13.5%	60.9%
ROK Resources (TSXV:ROK)	17.7%	130%
Propel Holdings (TSX:PRL)	25.4%	39.7%
Hammond Power Solutions (TSX:HPS.A)	27.1%	32%
Electrovaya (TSX:ELVA)	34.9%	48.8%
Cizzle Brands (NEOE:CZZL)	13.1%	90.4%
CEMATRIX (TSX:CEMX)	10.7%	28.9%
Cambria Gold Mines (TSXV:CAMB)	13.7%	87.7%
Aritzia (TSX:ATZ)	16.2%	20.3%
Allied Gold (TSX:AAUC)	14.7%	41.7%

Click here to see the full list of 50 stocks from our Fast Growing TSX Companies With High Insider Ownership screener.

Let's take a closer look at a couple of our picks from the screened companies.

Anaergia (TSX:ANRG)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Anaergia Inc. offers renewable energy solutions and waste-to-resource conversion across various regions including Italy, North America, Europe, the Middle East and Africa, and the Asia Pacific, with a market cap of CA$422.50 million.

Operations: Anaergia's revenue is primarily derived from Capital Sales (CA$211.26 million), followed by O&M Services (CA$17.93 million) and Build, Own, and Operate (CA$13.00 million).

Insider Ownership: 24.2%

Anaergia Inc. demonstrates significant growth potential with forecasted earnings growth of 63% annually, outpacing the Canadian market. Recent financial results show improved profitability, with net income reaching CAD 0.37 million in Q2 2026 compared to a loss previously. Despite high insider ownership, there's been no substantial insider buying recently. The company is expanding its renewable energy projects globally, including a CAD 14 million contract in Australia and a major biomethane project in California.

• Delve into the full analysis future growth report here for a deeper understanding of Anaergia.
• In light of our recent valuation report, it seems possible that Anaergia is trading beyond its estimated value.

Kits Eyecare (TSX:KITS)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Kits Eyecare Ltd. operates a digital eyecare platform in the United States and Canada, with a market cap of CA$517.23 million.

Operations: The company's revenue segment consists of CA$222.18 million from the sale of eyewear products.

Insider Ownership: 26.5%

Kits Eyecare shows promising growth with earnings forecasted to grow 41.4% annually, surpassing the Canadian market average. Recent financial results reveal a turnaround with Q2 net income of CAD 1.46 million from a previous loss, and revenue growth to CAD 58.43 million from CAD 49.58 million year-over-year. Despite significant insider ownership and a share repurchase program aimed at enhancing shareholder value, recent months have seen substantial insider selling rather than buying activity.

• Unlock comprehensive insights into our analysis of Kits Eyecare stock in this growth report.
• Our valuation report here indicates Kits Eyecare may be overvalued.

VersaBank (TSX:VBNK)

Simply Wall St Growth Rating: ★★★★★☆

Overview: VersaBank offers a range of banking products and services in Canada and the United States, with a market capitalization of CA$883.66 million.

Operations: The company's revenue segments include Digital Meteor at CA$2.57 million, Digital Banking USA at CA$23.12 million, Digital Banking Canada at CA$106.25 million, and DRTC (cybersecurity services and banking and financial technology development) at CA$7.29 million.

Insider Ownership: 10.9%

VersaBank is poised for growth with revenue expected to increase at 27.5% annually, outpacing the Canadian market. Earnings are also forecasted to rise significantly by 62.8% per year. Despite a low allowance for bad loans, substantial insider selling has occurred recently, contrasting with their strategic initiatives like the launch of the Real-Time Structured Receivable Program in North America and appointing Lawrence Chamberlain as Global Senior VP for Investor Relations to enhance communication and visibility of their investment thesis.

• Navigate through the intricacies of VersaBank with our comprehensive analyst estimates report here.
• Our valuation report unveils the possibility VersaBank's shares may be trading at a premium.

Taking Advantage

• Unlock our comprehensive list of 50 Fast Growing TSX Companies With High Insider Ownership by clicking here.
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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.

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