Global Undervalued Small Caps With Insider Buying

Bank Danamon Indonesia

Market Cap: Rp24.4t

Provides banking services for retail, small and medium enterprises (SMEs), and corporate customers in Indonesia.

Angel Oak Mortgage REIT

Market Cap: US$233.1m

A real estate finance company, focuses on acquiring and investing in first lien non- qualified mortgage loans and other mortgage-related assets in the United States mortgage market.

GDI Integrated Facility Services

Market Cap: CA$632.9m

Operates in the outsourced facility services industry in Canada and the United States.

Peoples Bancorp

Market Cap: US$1.1b

Operates as the financial holding company for Peoples Bank that provides commercial and consumer banking products and services.

Sagicor Financial

Market Cap: CA$1.1b

Provides insurance products and related financial services in Jamaica, Barbados, Trinidad, Tobago, other Caribbean region, and the United States.

CVS Group

Market Cap: UK£868.1m

Engages in veterinary, pet crematoria, online pharmacy, and retail businesses.

PCB Bancorp

Market Cap: US$307.5m

Operates as the bank holding company for PCB Bank that provides various banking products and services to small and middle market businesses and individuals.

Shore Bancshares

Market Cap: US$564.8m

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

Morguard North American Residential Real Estate Investment Trust

Market Cap: CA$966.8m

The REIT is an unincorporated, open-ended real estate investment trust established under and governed by the laws of the Province of Ontario.

Auburn National Bancorporation

Market Cap: US$95.0m

Operates as the bank holding company for AuburnBank that provides various banking products and services in East Alabama.

Industrial Logistics Properties Trust

Market Cap: US$408.0m

ILPT is a real estate investment trust focused on owning and leasing high quality industrial and logistics properties.

Foschini Group

Market Cap: R34.9b

Operates retail stores in South Africa and internationally.

Limbach Holdings

Market Cap: US$1.2b

Operates as a building systems solution company in the United States.

Bytes Technology Group

Market Cap: UK£1.0b

Offers software, security, AI, and cloud services in the United Kingdom, Europe, and internationally.

Tilray Brands

Market Cap: US$1.3b

A lifestyle consumer products company, engages in the research, cultivation, processing, and distribution of medical cannabis products in Canada, the United States, Europe, the Middle East, Africa, and internationally.

Citizens & Northern

Market Cap: US$310.6m

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

Thryv Holdings

Market Cap: US$571.6m

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

Nexus Industrial REIT

Market Cap: CA$738.3m

Nexus is 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.

Acsion

Market Cap: R3.1b

Engages in property holding and development activities in South Africa and internationally.

Farmland Partners

Market Cap: US$477.6m

An internally managed real estate company that owns and seeks to acquire high-quality North American farmland and makes loans to third-party farmers (both tenant and non-tenant) and landowners secured by farm real estate and/or other agricultural related assets.

BWP Trust

Market Cap: AU$2.6b

Established and listed on the Australian Securities Exchange (‘ASX’) in 1998, BWP Trust (‘BWP’ or ‘the Trust’) is a real estate investment trust investing in and managing commercial properties throughout Australia.

East West Banking

Market Cap: ₱26.9b

Operates as a commercial bank that provides a range of financial products and services to individual and corporate clients in the Philippines and internationally.

Hung Hing Printing Group

Market Cap: HK$843.6m

An investment holding company, engages in book and package printing, consumer product packaging, corrugated box, and paper trading businesses in the People’s Republic of China, the United States, Hong Kong, the United Kingdom, and internationally.

Pizu Group Holdings

Market Cap: HK$2.1b

An investment holding company, manufactures, trades, and sales of civil explosives in the People's Republic of China and Tajikistan.

Daiwa House Logistics Trust

Market Cap: S$402.4m

Daiwa House Logistics Trust (“DHLT”) is a Singapore real estate investment trust (“REIT”) established with the investment strategy of principally investing in a portfolio of income-producing logistics and industrial real estate assets located across Asia.

Baazar Style Retail

Market Cap: ₹26.6b

Engages in the retail of various apparel and non-apparel consumer products in India.

Alerus Financial

Market Cap: US$574.8m

Operates as the bank holding company for Alerus Financial, National Association that provides various financial services to businesses and consumers in the United States.

Instabank

Market Cap: NOK 1.1b

Provides various banking products and services in Norway.

Oxford Instruments

Market Cap: UK£1.0b

Oxford Instruments plc provide scientific technology products and services for academic and commercial organizations in the United Kingdom and internationally.

Ohio Valley Banc

Market Cap: US$172.5m

Operates as the bank holding company for The Ohio Valley Bank Company that provides commercial and consumer banking products and services.

Pebblebrook Hotel Trust

Market Cap: US$1.4b

Pebblebrook Hotel Trust (NYSE: PEB) is a publicly traded real estate investment trust (“REIT”) and the largest owner of urban and resort lifestyle hotels and resorts in the United States.

FastPartner

Market Cap: SEK 9.6b

A real estate company, owns, develops, and manages residential and commercial properties in Sweden.

Bank of Valletta

Market Cap: €1.2b

Provides banking, financial, investment, and other products and services in Malta.

Envela

Market Cap: US$196.3m

Provides recycling and recommerce services in the United States.

Nyab

Market Cap: SEK 4.7b

Provides engineering, construction, and maintenance services to energy, infrastructure, and industrial construction projects for public and private sectors in Finland and Sweden.

Harmonic

Market Cap: US$1.1b

Provides broadband access solutions worldwide.