Global Undervalued Small Caps With Insider Buying

Industrial Logistics Properties Trust

Market Cap: US$356.2m

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

Lindblad Expeditions Holdings

Market Cap: US$641.7m

Provides marine expedition adventures and travel experience worldwide.

Shore Bancshares

Market Cap: US$508.6m

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

Thryv Holdings

Market Cap: US$532.9m

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

Southside Bancshares

Market Cap: US$863.0m

Operates as the bank holding company for Southside Bank that provides various financial services to individuals, businesses, municipal entities, and nonprofit organizations.

Montrose Environmental Group

Market Cap: US$703.8m

Operates as an environmental services company in the United States, Canada, and internationally.

Morguard North American Residential Real Estate Investment Trust

Market Cap: CA$950.6m

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

DIRTT Environmental Solutions

Market Cap: CA$154.1m

Operates as an interior construction company in Canada.

Sagicor Financial

Market Cap: CA$1.0b

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

MCAN Mortgage

Market Cap: CA$802.5m

Operates as a loan and mortgage investment corporation in Canada.

Tilray Brands

Market Cap: US$624.7m

A lifestyle consumer products company, engages in the research, cultivation, processing, and distribution of medical cannabis products in Canada, the United States, Europe, Australia, Latin America, and internationally.

Nexus Industrial REIT

Market Cap: CA$717.5m

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.

Hemisphere Energy

Market Cap: CA$179.5m

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

Gentherm

Market Cap: US$970.8m

Designs, develops, manufactures, and sells thermal management and pneumatic comfort technologies in the United States and internationally.

Farmland Partners

Market Cap: US$473.1m

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.

PCB Bancorp

Market Cap: US$281.5m

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

S&T Bancorp

Market Cap: US$1.4b

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$285.6m

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

East West Banking

Market Cap: ₱29.2b

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

Daiwa House Logistics Trust

Market Cap: S$402.5m

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.

Chinasoft International

Market Cap: HK$14.2b

Engages in development and provision of information technology (IT) solutions, IT outsourcing, and training services in the People’s Republic of China, the United States, Malaysia, Japan, Singapore, India, and Saudi Arabia.

SmartCraft

Market Cap: NOK 4.3b

Provides software solutions to the construction industry in Norway, Sweden, Finland, and the United Kingdom.

Dicker Data

Market Cap: AU$1.6b

Engages in the wholesale distribution of computer hardware, software, and related products for corporate and commercial markets in Australia and New Zealand.

Bank Danamon Indonesia

Market Cap: Rp24.2t

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

Bank BTPN Syariah

Market Cap: Rp10.7t

Provides various banking products and services in Indonesia.

A.G. BARR

Market Cap: UK£772.0m

Manufactures, distributes, and sells soft drinks and cocktail solutions in the United Kingdom and internationally.

Seeing Machines

Market Cap: UK£134.6m

Provides driver and occupant monitoring system technologies in Australia, North America, the Asia Pacific, Europe, and internationally.

Absolent Air Care Group

Market Cap: SEK 3.0b

Designs, develops, sells, installs, and maintains air filtration units.

CVS Group

Market Cap: UK£863.8m

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

Helen of Troy

Market Cap: US$495.1m

Provides various consumer products in the United States, Canada, Europe, the Middle East, Africa, the Asia Pacific, and Latin America.

Bank of Valletta

Market Cap: €1.2b

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

NPK International

Market Cap: US$736.2m

A temporary worksite access solutions company, manufactures, sells, and rents recyclable composite matting products.

Colony Bankcorp

Market Cap: US$279.6m

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.

Magnera

Market Cap: US$422.2m

Manufactures and sells non-woven and related products worldwide.

Pebblebrook Hotel Trust

Market Cap: US$1.2b

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.

Hudson Pacific Properties

Market Cap: US$925.4m

A real estate investment trust, or REIT, and the sole general partner of our operating partnership.