3 TSX Growth Stocks With Insider Ownership Up To 26%
As inflation shows signs of cooling, the Canadian market, like its U.S. counterpart, has experienced a wave of optimism with key stock indexes reaching new highs. This positive economic backdrop provides an opportune moment to explore growth companies on the TSX with significant insider ownership, as these stocks can offer unique insights into potential future performance and alignment with shareholder interests.
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% | 87.4% |
| Propel Holdings (TSX:PRL) | 28.0% | 39.7% |
| Hammond Power Solutions (TSX:HPS.A) | 27.2% | 32% |
| Firan Technology Group (TSX:FTG) | 12.6% | 21.5% |
| Electrovaya (TSX:ELVA) | 34.9% | 48.8% |
| 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) | 14.8% | 41.8% |
Here's a peek at a few of the choices from the screener.
Ensign Energy Services (TSX:ESI)
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Ensign Energy Services Inc., along with its subsidiaries, offers oilfield services to the oil and natural gas industries across Canada, the United States, and internationally, with a market cap of CA$676.48 million.
Operations: The company's revenue from oilfield services amounts to CA$1.65 billion.
Insider Ownership: 27%
Ensign Energy Services demonstrates potential as a growth company with significant insider ownership, although recent earnings report mixed results. Despite a net loss of C$13.05 million in Q2 2026, the company's revenue is forecast to grow at 7.9% annually, outpacing the Canadian market's average growth rate. While insiders have not substantially bought shares recently, more shares were bought than sold over the past three months, indicating confidence in future profitability within three years.
- Click here and access our complete growth analysis report to understand the dynamics of Ensign Energy Services.
- Insights from our recent valuation report point to the potential undervaluation of Ensign Energy Services shares in the market.
Tenaz Energy (TSX:TNZ)
Simply Wall St Growth Rating: ★★★★★☆
Overview: Tenaz Energy Corp. is an energy company focused on acquiring and developing oil and gas assets in Canada and the Netherlands, with a market cap of CA$1.90 billion.
Operations: The company generates revenue of CA$497.28 million from the production and sale of petroleum and natural gas.
Insider Ownership: 14.8%
Tenaz Energy shows potential with high insider ownership and a forecasted annual earnings growth of 47.5%, significantly outpacing the Canadian market. Despite a recent net loss, revenue is expected to grow at 31% per year, well above the market average. Trading at good value compared to peers, insiders have shown confidence by purchasing more shares than they sold recently. However, profit margins have declined and shareholders experienced dilution over the past year amid high debt levels.
- Unlock comprehensive insights into our analysis of Tenaz Energy stock in this growth report.
- Upon reviewing our latest valuation report, Tenaz Energy's share price might be too pessimistic.
Vitalhub (TSX:VHI)
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Vitalhub Corp. offers technology and software solutions for health and human service providers across Canada, the United States, the United Kingdom, Australia, Western Asia, and internationally, with a market cap of CA$495.95 million.
Operations: The company's revenue is primarily derived from its Healthcare Software segment, which generated CA$127.08 million.
Insider Ownership: 10.7%
Vitalhub demonstrates growth potential with earnings forecasted to grow 46.22% annually, outpacing the Canadian market. Recent earnings results showed revenue at C$31.74 million for Q2 2026, up from C$23.86 million a year ago, with net income rising to C$1.95 million from C$1.77 million. Trading significantly below its estimated fair value and planning a share repurchase program, Vitalhub aims to enhance shareholder value despite large one-off items impacting financial results recently.
- Dive into the specifics of Vitalhub here with our thorough growth forecast report.
- The analysis detailed in our Vitalhub valuation report hints at an deflated share price compared to its estimated value.
Seize The Opportunity
- Unlock more gems! Our Fast Growing TSX Companies With High Insider Ownership screener has unearthed 45 more companies for you to explore.Click here to unveil our expertly curated list of 48 Fast Growing TSX Companies With High Insider Ownership.
- Curious About Other Options? This technology could replace computers: discover the 24 stocks are working to make quantum computing a reality.
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.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com