Global Undervalued Small Caps With Insider Buying

Primaris Real Estate Investment Trust

Market Cap: CA$2.0b

Primaris Real Estate Investment Trust is Canada’s only enclosed shopping centre focused REIT, with ownership interests in leading enclosed shopping centres located in growing Canadian markets.

CEVA

Market Cap: US$506.2m

Provides silicon and software intellectual property (IP) solutions to semiconductor and original equipment manufacturer companies in the United States, Europe, the Middle East, the Asia Pacific, and internationally.

Financial Institutions

Market Cap: US$593.9m

Through its subsidiaries, provides banking and financial services to consumer, commercial, and municipal customers in New York.

Arrow Financial

Market Cap: US$536.3m

A bank holding company, provides various commercial and consumer banking, and financial products and services in the Unites States.

Hemlo Mining

Market Cap: CA$1.8b

Operates as a gold production company.

Chorus Aviation

Market Cap: CA$554.9m

Through its subsidiaries, provides aviation services in Canada and internationally.

Sagicor Financial

Market Cap: CA$1.3b

Provides various financial services to individuals and corporations in Canada, the United States, Jamaica, and the rest of the Caribbean.

PCB Bancorp

Market Cap: US$305.6m

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

Bank of the James Financial Group

Market Cap: US$95.1m

Operates as the bank holding company for Bank of the James that provides general retail and commercial banking services to individuals, businesses, associations and organizations, and governmental authorities in Virginia, the United States.

First Northern Community Bancorp

Market Cap: US$232.2m

Operates as the bank holding company for First Northern Bank of Dixon that provides commercial banking products and services to individuals, and small and medium sized businesses.

Timbercreek Financial

Market Cap: CA$547.8m

Provides shorter-duration structured financing solutions to commercial real estate investors in Canada.

Yellow Pages

Market Cap: CA$187.0m

Through its subsidiaries, provides digital and print media, and marketing solutions to small and medium-sized enterprises in Canada.

New Peoples Bankshares

Market Cap: US$101.3m

Operates as a financial holding company for New Peoples Bank, Inc.

Hemisphere Energy

Market Cap: CA$248.6m

Acquires, explores, develops, and produces petroleum and natural gas properties in Canada.

Savaria

Market Cap: CA$1.8b

Provides accessibility solutions for the elderly and physically challenged people in Canada, the United States, Europe, and internationally.

Itafos

Market Cap: CA$829.3m

Operates as a phosphate and specialty fertilizer company.

AVITA Medical

Market Cap: US$134.8m

Operates as a therapeutic acute wound care company in the United States, Japan, the European Union, Australia, and the United Kingdom.

Dicker Data

Market Cap: AU$1.6b

Engages in the wholesale distribution of IT hardware, software, cloud, and IoT solutions for corporate and commercial markets in Australia and New Zealand.

Zip Co

Market Cap: AU$2.0b

Engages in the provision of digital retail finance, personal finance, and payments solutions in Australia, New Zealand, and the United States.

ASL Marine Holdings

Market Cap: S$319.0m

Provides marine services in Singapore, Indonesia, Asia Pacific, South Asia, Europe, the Middle East, and Australia.

Paragon Care

Market Cap: AU$289.7m

Distributes medical equipment, devices, and consumable products in Australia, New Zealand, and Asia.

Avia Avian

Market Cap: Rp22.9t

Manufactures and distributes paints and building materials in Indonesia.

East West Banking

Market Cap: ₱29.0b

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

PSC

Market Cap: S$231.8m

Supplies provisions and household consumer products in Singapore, China, Malaysia, and internationally.

DUG Technology

Market Cap: AU$273.7m

A technology company, provides hardware and software solutions for the technology and resource sectors in Australia, the United States, the United Kingdom, Malaysia, and the United Arab Emirates.

Nufarm

Market Cap: AU$741.4m

Develops, manufactures, and sells crop protection solutions and seed technologies in Europe, the Middle East, Africa, North America, and the Asia Pacific.

BWP Trust

Market Cap: AU$2.7b

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.

Speedy Hire

Market Cap: UK£102.3m

Provides tools and equipment hire and services to the construction, infrastructure, and industrial markets in the United Kingdom and Ireland.

Integral Diagnostics

Market Cap: AU$856.4m

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

CVS Group

Market Cap: UK£877.0m

Engages in veterinary, online pharmacy, and retail businesses in the United Kingdom and Australia.

THG

Market Cap: UK£506.2m

Operates as an online retailer in the United Kingdom, the United States, Europe, and internationally.

Embracer Group

Market Cap: SEK 10.8b

Develops and publishes PC, console, mobile, VR, and board games for the games market worldwide.

Morgan Advanced Materials

Market Cap: UK£562.2m

Manufactures and sells various carbon and ceramic products.

Lemonsoft Oyj

Market Cap: €89.0m

A software company, designs, develops, and sells enterprise resource planning software solutions in Finland and internationally.

Young's Brewery

Market Cap: UK£461.4m

Engages in the operation and management of pubs and hotels in the United Kingdom.

CellaVision

Market Cap: SEK 3.5b

Develops and sells instruments, software, and reagents for blood and body fluids analysis in Sweden and internationally.