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.

Farmland Partners

Market Cap: US$522.3m

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.

Montrose Environmental Group

Market Cap: US$750.7m

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

MCAN Mortgage

Market Cap: CA$792.2m

Operates as a loan and mortgage investment corporation in Canada.

Columbus McKinnon

Market Cap: US$432.8m

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

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.

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.

Hemisphere Energy

Market Cap: CA$186.1m

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

DIRTT Environmental Solutions

Market Cap: CA$177.1m

Operates as an interior construction company in Canada.

Lindblad Expeditions Holdings

Market Cap: US$681.1m

Provides marine expedition adventures and travel experience worldwide.

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$541.3m

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.

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.

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.

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.

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.

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.

CVS Group

Market Cap: UK£875.2m

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

BlueLinx Holdings

Market Cap: US$593.7m

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

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 Danamon Indonesia

Market Cap: Rp23.8t

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

Bank BTPN Syariah

Market Cap: Rp11.5t

Provides various banking products and services in Indonesia.

Daiwa House Logistics Trust

Market Cap: S$395.2m

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.

Sun International

Market Cap: R11.5b

Owns and operates casino, hotel, and resort properties in South Africa.

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.

NOTE

Market Cap: SEK 5.4b

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

Super Group

Market Cap: R6.0b

Engages in the supply chain management, mobility, dealership, and fleet management activities in South Africa, sub-Saharan Africa, Australia, Europe, New Zealand, and the United Kingdom.

Stelrad Group

Market Cap: UK£219.0m

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

Hudson Pacific Properties

Market Cap: US$966.2m

Hudson Pacific Properties (NYSE: HPP) is a real estate investment trust serving dynamic tech and media tenants in global epicenters for these synergistic, converging and secular growth industries.

Spear Reit

Market Cap: R3.2b

Spear REIT Limited (“Spear”) listed as a Real Estate Investment Trust (“REIT”) on the main board of the Johannesburg Stock Exchange (“JSE”) and is the only regionally-focused REIT listed on the JSE that predominantly invests in high-quality income-generating assets in the Western Cape.

Nyab

Market Cap: SEK 4.4b

Provides engineering, construction, and maintenance services to energy, infrastructure, and industrial construction projects for public and private sectors in Finland and Sweden.

Lords Group Trading

Market Cap: UK£80.6m

Distributes building materials, plumbing, heating, and DIY goods to local tradesmen, developers, small and medium construction companies, and retail customers.

CPI Card Group

Market Cap: US$243.2m

Engages in the design, production, data personalization, packaging, and fulfillment of payment cards in the United States.

Foxtons Group

Market Cap: UK£188.7m

An estate agency, provides services to the residential property market in the United Kingdom.

inTEST

Market Cap: US$90.2m

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.