Global Undervalued Small Caps With Insider Buying

Calfrac Well Services

Market Cap: CA$309.1m

Provides specialized oilfield services in Canada, the United States, and Argentina.

Saturn Oil & Gas

Market Cap: CA$367.2m

Engages in the acquisition, exploration, and development of petroleum and natural gas resource deposits in Canada.

Minto Apartment Real Estate Investment Trust

Market Cap: CA$1.2b

An open-ended real estate investment trust, owns and operates a portfolio of income-producing multi-residential rental properties located in Canada.

Arrow Financial

Market Cap: US$430.5m

A bank holding company, provides commercial and consumer banking, and financial products and services.

Eagle Financial Services

Market Cap: US$112.2m

Operates as the bank holding company for Bank of Clarke that provides various retail and commercial banking products and services in the Shenandoah Valley, Northern Virginia and Frederick, Maryland.

First United

Market Cap: US$190.1m

Operates as the bank holding company for First United Bank & Trust that provides various retail and commercial banking services to businesses and individuals.

Thryv Holdings

Market Cap: US$676.6m

Provides digital marketing solutions and cloud-based tools to the small-to-medium-sized businesses in the United States.

Chorus Aviation

Market Cap: CA$586.7m

Through its subsidiaries, provides aviation services.

S&T Bancorp

Market Cap: US$1.4b

Operates as the bank holding company for S&T Bank that engages in the provision of retail and commercial banking products and services to consumer, commercial and small business in Pennsylvania and Ohio.

Franklin Financial Services

Market Cap: US$160.3m

Operates as the bank holding company for Farmers and Merchants Trust Company of Chambersburg that provides commercial, retail banking, and trust services to businesses, individuals, governmental entities, and non-profit organizations in Pennsylvania.

Columbus McKinnon

Market Cap: US$500.1m

Designs, manufactures, and markets motion solutions for moving, lifting, positioning, and securing materials worldwide.

Delek US Holdings

Market Cap: US$861.4m

Engages in the integrated downstream energy business in the United States.

German American Bancorp

Market Cap: US$1.4b

Operates as a financial holding company for German American Bank that provides retail and commercial banking, and health management services.

Quanex Building Products

Market Cap: US$870.9m

Provides components for the fenestration industry in the United States, Europe, Canada, Asia, and internationally.

Nexus Industrial REIT

Market Cap: CA$655.4m

A growth-oriented real estate investment trust focused on increasing unitholder value through the acquisition of industrial properties located in primary and secondary markets in Canada, and the ownership and management of its portfolio of properties.

Union Bankshares

Market Cap: US$128.3m

Operates as the bank holding company for Union Bank that provides retail, commercial, and municipal banking products and services in northern Vermont and New Hampshire.

Shore Bancshares

Market Cap: US$440.6m

Operates as a bank holding company for the Shore United Bank, N.A.

Innovex International

Market Cap: US$1.2b

Designs, manufactures, sells, and rents mission critical engineered products to the oil and natural gas industry worldwide.

First Mid Bancshares

Market Cap: US$839.4m

A financial holding company, provides community banking products and services to commercial, retail, and agricultural customers in the United States.

Alpha Metallurgical Resources

Market Cap: US$1.8b

A mining company, produces, processes, and sells met and thermal coal in Virginia and West Virginia.

Array Technologies

Market Cap: US$953.1m

Manufactures and sells solar tracking technology products in the United States, Spain, Brazil, Australia, and internationally.

Citizens & Northern

Market Cap: US$306.5m

Operates as the bank holding company for Citizens & Northern Bank that provides various banking and related services to individual and corporate customers.

Mark Dynamics Indonesia

Market Cap: Rp3.4t

Manufactures and sells porcelain formers.

Thomas Cook (India)

Market Cap: ₹59.8b

Offers integrated travel services in India and internationally.

Dicker Data

Market Cap: AU$1.5b

Engages in the wholesale distribution of computer hardware, software, cloud, access control, surveillance, and technologies in Australia and New Zealand.

NCL Industries

Market Cap: ₹8.4b

Manufactures and sells building materials in India.

Industri Jamu dan Farmasi Sido Muncul

Market Cap: Rp16.7t

Provides herbal medicines, cosmetics, and foods and beverage products in Indonesia.

Viva Energy Group

Market Cap: AU$2.7b

Operates as an energy company in Australia, Singapore, and Papua New Guinea.

Maharashtra Seamless

Market Cap: ₹88.5b

Manufactures and sells seamless steel pipes and tubes in India.

Collins Foods

Market Cap: AU$972.5m

Engages in the operation, management, and administration of restaurants in Australia and Europe.

Integral Diagnostics

Market Cap: AU$806.4m

A healthcare services company, engages in the provision of diagnostic imaging services to general practitioners, medical specialists, and allied health professionals and their patients in Australia and New Zealand.

Sing Investments & Finance

Market Cap: S$264.8m

Provides financing services to individuals and corporations in Singapore.

Mukand

Market Cap: ₹13.0b

Engages in the manufacture and sale of alloy and stainless steel products in India and internationally.

Hong Leong Asia

Market Cap: S$793.0m

An investment holding company, manufactures and distributes powertrain solutions and related products, building materials, and rigid packaging products in the People’s Republic of China, Singapore, Malaysia, and internationally.

Indegene

Market Cap: ₹122.8b

Operates as a life sciences commercialization company in India, the United States, Europe, and internationally.

Security Bank

Market Cap: ₱53.5b

Provides banking and financial products and services to wholesale and retail clients in the Philippines.