Global Undervalued Small Caps With Insider Buying

Alkami Technology

Market Cap: US$1.7b

Provides a cloud-based digital sales and service platform for financial institutions in the United States.

German American Bancorp

Market Cap: US$1.7b

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

Primaris Real Estate Investment Trust

Market Cap: CA$2.3b

Primaris Real Estate Investment Trust is Canada’s only enclosed shopping centre focused REIT.

Betterware de MéxicoP.I. de

Market Cap: US$668.2m

Operates as a direct-to-consumer selling company in the United States and Mexico.

Union Bankshares

Market Cap: US$107.9m

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

Sagicor Financial

Market Cap: CA$1.1b

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

Pizza Pizza Royalty

Market Cap: CA$430.0m

Through its subsidiary, Pizza Pizza Royalty Limited Partnership, franchises and operates quick-service restaurants under the Pizza Pizza and Pizza 73 brands in Canada.

Ferroglobe

Market Cap: US$714.8m

Produces and sells silicon metal, and silicon and manganese-based alloys.

Patria Investments

Market Cap: US$1.8b

Operates as a private market investment firm.

Yellow Pages

Market Cap: CA$168.5m

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

First Bancorp

Market Cap: US$334.1m

Operates as the bank holding company for First National Bank that provides a range of banking products and services to individual and corporate customers.

Angel Oak Mortgage REIT

Market Cap: US$203.1m

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

Kingstone Companies

Market Cap: US$225.1m

Through its subsidiary, Kingstone Insurance Company, provides property and casualty insurance products in the United States.

Similarweb

Market Cap: US$361.8m

Provides digital data and analytics for power critical business decisions in the United States, Europe, the Asia Pacific, the United Kingdom, Israel, and internationally.

Nexus Industrial REIT

Market Cap: CA$763.1m

An unincorporated, open-ended real estate investment trust governed by the laws of the Province of Ontario pursuant to an amended and restated declaration of trust dated March 7, 2022.

Appian

Market Cap: US$1.8b

Operates as a software company in the United States, Australia, Canada, France, Germany, India, Italy, Japan, Mexico, the Netherlands, Portugal, Singapore, Spain, Sweden, Switzerland, the United Kingdom, and internationally.

Shore Bancshares

Market Cap: US$715.3m

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

Bank of Marin Bancorp

Market Cap: US$414.4m

Operates as the holding company for Bank of Marin that provides a range of financial services to small to medium-sized businesses, not-for-profit organizations, and commercial real estate investors in the United States.

Financial Institutions

Market Cap: US$733.7m

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

Fourlis Holdings

Market Cap: €227.3m

Engages in the retail trading business in Greece, Romania, Bulgaria, and Cyprus.

PSC

Market Cap: S$250.8m

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

Quest Holdings

Market Cap: €813.7m

Engages in the distribution of information technology and telecommunications products in Greece, Romania, Cyprus, Luxembourg, Belgium, Spain, and Italy.

Centurion

Market Cap: S$1.2b

Owns, manages, and operates purpose-built accommodation assets in Singapore, Malaysia, Australia, the United Kingdom, and internationally.

SiteMinder

Market Cap: AU$1.0b

Provides software and online licensing solutions in the Asia Pacific, Europe, the Middle East, Africa, and the Americas.

East West Banking

Market Cap: ₱27.5b

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

Shoucheng Holdings

Market Cap: HK$14.2b

An investment holding company, engages in the infrastructure asset management business.

CapitaLand China Trust

Market Cap: S$1.2b

CapitaLand China Trust (CLCT) is Singapore’s largest China-focused real estate investment trust (REIT).

Kalbe Farma

Market Cap: Rp31.9t

Engages in the development, manufacture, and trading of pharmaceutical products in Indonesia.

CVS Group

Market Cap: UK£865.0m

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

NoHo Partners Oyj

Market Cap: €150.7m

Engages in the restaurant business.

Eurocell

Market Cap: UK£102.7m

Engages in manufacturing, distribution, and recycling of building products in the United Kingdom and the Republic of Ireland.

Nederman Holding

Market Cap: SEK 4.4b

Operates as an environmental technology company.

AB Dynamics

Market Cap: UK£239.2m

Provides vehicle test development and verification products and services for driver assistance systems.

Young's Brewery

Market Cap: UK£452.1m

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

CellaVision

Market Cap: SEK 3.0b

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

Dicker Data

Market Cap: AU$2.1b

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