U.S. Undervalued Small Caps With Insider Buying

Wolverine World Wide

Market Cap: US$1.5b

Designs, manufactures, sources, markets, licenses, and distributes footwear, apparel, and accessories in the United States, Europe, the Middle East, Africa, the Asia Pacific, Canada and Latin America.

Stock Yards Bancorp

Market Cap: US$1.9b

Operates as a holding company for Stock Yards Bank & Trust Company that provides various financial services for individuals, corporations, and others in the United States.

Omega Flex

Market Cap: US$293.7m

Manufactures and sells flexible metal hoses, fittings, and accessories in the United States, Canada, and internationally.

Shore Bancshares

Market Cap: US$582.0m

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

Vestis

Market Cap: US$867.7m

Provides uniform rentals and workplace supplies in the United States and Canada.

Farmland Partners

Market Cap: US$420.9m

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.

Metropolitan Bank Holding

Market Cap: US$792.6m

Operates as the bank holding company for Metropolitan Commercial Bank that provides a range of business, commercial, and retail banking products and services.

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.

First United

Market Cap: US$240.9m

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

Union Bankshares

Market Cap: US$108.7m

Operates as the bank holding company for Union Bank that provides retail, commercial, and municipal banking products and services in the United States.

Angel Oak Mortgage REIT

Market Cap: US$214.0m

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.

S&T Bancorp

Market Cap: US$1.5b

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

Citizens & Northern

Market Cap: US$355.5m

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

MVB Financial

Market Cap: US$320.4m

Operates as bank holding company for MVB Bank, Inc that provides financial services to individuals and corporate clients.

Legacy Education

Market Cap: US$130.1m

Provides education services to students, high school graduates, and working parents in the United States.

J&J Snack Foods

Market Cap: US$1.8b

Manufactures, markets, and distributes nutritional snack food and beverages to the food service and retail supermarket industries in the United States, Mexico, and Canada.

Innospec

Market Cap: US$1.9b

Develops, manufactures, blends, markets, and supplies specialty chemicals in the Americas, Europe, the Middle East, Africa, and Asia-Pacific.

Karat Packaging

Market Cap: US$449.6m

Engages in the manufacture and distribution of single-use disposable products in plastic, paper, biopolymer-based, and other compostable forms used in various restaurant and foodservice settings.

Trinity Capital

Market Cap: US$1.1b

A business development company specializing in term loans, equipment financing, and private equity-related investments.

Hallador Energy

Market Cap: US$848.5m

Through its subsidiaries, engages in the production of steam coal for the electric power generation industry in Indiana.

inTEST

Market Cap: US$93.0m

Provides test and process technology solutions for use in manufacturing and testing in automotive, defense/aerospace, industrial, life sciences, security, and semiconductor markets in the United States and internationally.

MidWestOne Financial Group

Market Cap: US$785.5m

Operates as the bank holding company for MidWestOne Bank that provides commercial and retail banking products and services to individuals, businesses, governmental units, and institutional customers.

Granite Ridge Resources

Market Cap: US$614.3m

Operates as a non-operated oil and natural gas exploration and production company.

CF Bankshares

Market Cap: US$158.0m

Operates as the bank holding company for CFBank, National Association that provides various banking products and services.

Colony Bankcorp

Market Cap: US$308.8m

Operates as the bank holding company for Colony Bank that provides various banking products and services to retail and commercial customers in the United States.

First Business Financial Services

Market Cap: US$446.0m

Operates as the bank holding company for First Business Bank that provides commercial banking products and services for small and medium-sized businesses, business owners, executives, professionals, and high net worth individuals in Wisconsin, Kansas, and Missouri.

Fidelity D & D Bancorp

Market Cap: US$249.0m

Operates as the bank holding company for The Fidelity Deposit and Discount Bank that provides a range of banking, trust, and financial services to individuals, small businesses, and corporate customers.

Heritage Financial

Market Cap: US$804.8m

Operates as the bank holding company for Heritage Bank that provides various financial services to small and medium sized businesses and individuals in the United States.

Saul Centers

Market Cap: US$1.1b

A self-managed, self-administered equity REIT headquartered in Bethesda, Maryland, which currently operates and manages a real estate portfolio of 62 properties, which includes (a) 50 community and neighborhood shopping centers and eight mixed-use properties with approximately 10.2 million square feet of leasable area and (b) four non-operating land and development properties.

Univest Financial

Market Cap: US$919.2m

Operates as the bank holding company for Univest Bank and Trust Co.

Dine Brands Global

Market Cap: US$479.2m

Owns, franchises, and operates restaurants in the United States and internationally.

Sunrise Realty Trust

Market Cap: US$124.1m

Engages in commercial real estate lending business in the United States.

Huntsman

Market Cap: US$1.8b

Manufactures and sells diversified organic chemical products worldwide.

ADTRAN Holdings

Market Cap: US$693.1m

Provides networking and communications platforms, software, systems, and services in the United States, Germany, the United Kingdom, and internationally.

Cross Country Healthcare

Market Cap: US$264.0m

Provides talent management services for healthcare clients in the United States.

American Bitcoin

Market Cap: US$1.7b

A Bitcoin accumulation platform company, focuses on building Bitcoin infrastructure platform.