U.S. Undervalued Small Caps With Insider Buying

Citizens & Northern

Market Cap: US$304.6m

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

Southside Bancshares

Market Cap: US$935.7m

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

Thryv Holdings

Market Cap: US$532.7m

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

Columbus McKinnon

Market Cap: US$426.6m

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

Lindblad Expeditions Holdings

Market Cap: US$675.1m

Provides marine expedition adventures and travel experience worldwide.

Farmland Partners

Market Cap: US$534.2m

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.

Industrial Logistics Properties Trust

Market Cap: US$351.2m

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

First United

Market Cap: US$231.7m

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.

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.

Montrose Environmental Group

Market Cap: US$728.5m

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

NPK International

Market Cap: US$706.6m

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

Colony Bankcorp

Market Cap: US$307.4m

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$161.4m

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$110.9m

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$99.5m

A business development company.

Alerus Financial

Market Cap: US$558.8m

Operates as the bank holding company for Alerus Financial, National Association that provides various financial services to businesses and consumers in the United States.

CPI Card Group

Market Cap: US$235.2m

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

Byline Bancorp

Market Cap: US$1.2b

Operates as the bank holding company for Byline Bank that provides various banking products and services for small and medium sized businesses, commercial real estate and financial sponsors, and consumers in the United States.

Magnera

Market Cap: US$462.1m

Manufactures and sells non-woven and related products worldwide.

Envela

Market Cap: US$150.3m

Provides recycling and recommerce services in the United States.

Helen of Troy

Market Cap: US$497.9m

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

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$967.6m

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.

Sunrise Realty Trust

Market Cap: US$138.6m

Engages in commercial real estate lending business in the United States.

SB Financial Group

Market Cap: US$129.9m

Operates as the financial holding company for the State Bank and Trust Company that provides a range of commercial banking and wealth management services to individual and corporate customers primarily in Ohio, Indiana, and Michigan.

National Research

Market Cap: US$320.1m

Provides analytics and insights that facilitate measurement and improvement of the patient and employee experience.

Saul Centers

Market Cap: US$1.1b

As of March 31, 2025, 93.9% of the commercial portfolio was leased compared to 94.6% as of March 31, 2024.

Manitowoc Company

Market Cap: US$434.5m

Provides engineered lifting solutions in the Americas, Europe, Africa, the Middle East, the Asia Pacific, and internationally.

LCNB

Market Cap: US$219.9m

Operates as the financial holding company for LCNB National Bank that provides banking services in the United States.

Braemar Hotels & Resorts

Market Cap: US$176.7m

Braemar Hotels & Resorts is a real estate investment trust (REIT) focused on investing in luxury hotels and resorts.

Century Communities

Market Cap: US$1.8b

Engages in the design, development, construction, marketing, and sale of single-family attached and detached homes.

Sigma Lithium

Market Cap: US$753.9m

Engages in the exploration and development of lithium deposits in Brazil.

PROG Holdings

Market Cap: US$1.1b

A financial technology holding company, provides payment options to consumers in the United States.

Univest Financial

Market Cap: US$920.1m

Operates as the bank holding company for Univest Bank and Trust Co.

First Commonwealth Financial

Market Cap: US$1.8b

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

Ryerson Holding

Market Cap: US$745.3m

Processes and distributes industrial metals in the United States and internationally.