Global Undervalued Small Caps With Insider Buying

Saturn Oil & Gas

Market Cap: CA$430.8m

Engages in the acquisition, exploration, and development of petroleum and natural gas resource deposits in Canada.

Lindblad Expeditions Holdings

Market Cap: US$681.1m

Provides marine expedition adventures and travel experience worldwide.

Southside Bancshares

Market Cap: US$937.8m

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

Seeing Machines

Market Cap: UK£142.9m

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

Farmland Partners

Market Cap: US$536.1m

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.

A.G. BARR

Market Cap: UK£775.3m

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

Nexus Industrial REIT

Market Cap: CA$717.1m

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.

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.

First United

Market Cap: US$225.7m

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.

Citizens & Northern

Market Cap: US$300.8m

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

Columbus McKinnon

Market Cap: US$432.8m

Designs, manufactures, and markets motion solutions for moving, lifting, positioning, and securing materials worldwide.

Morguard North American Residential Real Estate Investment Trust

Market Cap: CA$960.2m

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$177.1m

Operates as an interior construction company in Canada.

CVS Group

Market Cap: UK£875.2m

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

Thryv Holdings

Market Cap: US$515.7m

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

MCAN Mortgage

Market Cap: CA$792.2m

Operates as a loan and mortgage investment corporation in Canada.

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.

BlueLinx Holdings

Market Cap: US$593.7m

Engages in the distribution of residential and commercial building products in the United States.

Hemisphere Energy

Market Cap: CA$186.1m

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

Industrial Logistics Properties Trust

Market Cap: US$345.9m

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

Montrose Environmental Group

Market Cap: US$750.7m

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

East West Banking

Market Cap: ₱25.2b

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

Bank BTPN Syariah

Market Cap: Rp11.2t

Provides various banking products and services in Indonesia.

Chinasoft International

Market Cap: HK$13.8b

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.

Lion Rock Group

Market Cap: HK$1.1b

An investment holding company, provides printing services to international book publishers, trade, professional, and educational publishing conglomerates, as well as print media companies.

Dicker Data

Market Cap: AU$1.5b

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: Rp23.6t

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

Daiwa House Logistics Trust

Market Cap: S$398.7m

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.

Bank of Valletta

Market Cap: €1.2b

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

NOTE

Market Cap: SEK 5.4b

Provides electronics manufacturing services in Sweden, Finland, the United Kingdom, Bulgaria, Estonia, China, and internationally.

Troax Group

Market Cap: SEK 8.7b

Through its subsidiaries, produces and sells mesh panels in the Nordic region, the United Kingdom, North America, Europe, and internationally.

Stelrad Group

Market Cap: UK£219.0m

Manufactures and distributes radiators in the United Kingdom, Ireland, Europe, Turkey, and internationally.

Colony Bankcorp

Market Cap: US$305.6m

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.

Meridian

Market Cap: US$163.7m

Operates as the bank holding company for Meridian Bank that provides commercial banking products and services in Pennsylvania, New Jersey, Delaware, Maryland, and Florida.

Butler National

Market Cap: US$113.0m

Designs, engineers, manufactures, sells, integrates, installs, repairs, modifies, overhauls, services, and distributes a portfolio of aerostructures, aircraft components, avionics, accessories, subassemblies, and systems in North America, Europe, the Middle East, Asia, and internationally.

PhenixFIN

Market Cap: US$101.0m

A business development company.