U.S. Undervalued Small Caps With Insider Buying

Farmland Partners

Market Cap: US$535.6m

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.

MVB Financial

Market Cap: US$249.6m

Operates as bank holding company for MVB Bank, Inc that provides financial services to individuals and corporate clients.

Barrett Business Services

Market Cap: US$1.1b

Provides business management solutions for small and mid-sized companies in the United States.

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.

Republic Bancorp

Market Cap: US$1.3b

Operates as a bank holding company for Republic Bank & Trust Company that provides various banking products and services in the United States.

Lindblad Expeditions Holdings

Market Cap: US$591.4m

Provides marine expedition adventures and travel experience worldwide.

Thryv Holdings

Market Cap: US$592.7m

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

Titan Machinery

Market Cap: US$418.9m

Owns and operates a network of full service agricultural and construction equipment stores in the United States, Europe, and Australia.

Five Star Bancorp

Market Cap: US$582.3m

Operates as the bank holding company for Five Star Bank that provides banking products and services to small and medium-sized businesses, professionals, and individuals primarily in Northern California.

Delek US Holdings

Market Cap: US$1.1b

Engages in the integrated downstream energy business in the United States.

Columbus McKinnon

Market Cap: US$421.2m

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

Montrose Environmental Group

Market Cap: US$700.4m

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

Niagen Bioscience

Market Cap: US$924.7m

Operates as a bioscience company engages in developing healthy aging products.

BlueLinx Holdings

Market Cap: US$542.6m

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

Tandem Diabetes Care

Market Cap: US$1.4b

Designs, develops, and commercializes technology solutions for people living with diabetes in the United States and internationally.

Kronos Worldwide

Market Cap: US$761.5m

Produces and markets titanium dioxide pigments (TiO2) in Europe, North America, the Asia Pacific, and internationally.

Victoria's Secret

Market Cap: US$1.6b

Operates as a specialty retailer of women’s intimate, and other apparel and beauty products worldwide.

NexPoint Real Estate Finance

Market Cap: US$337.9m

Operates as a commercial mortgage real estate investment trust in the United States.

PhenixFIN

Market Cap: US$99.0m

A business development company.

Paramount Group

Market Cap: US$1.5b

Paramount Group, Inc. ("Paramount" or the "Company") is a fully-integrated real estate investment trust that owns, operates, manages, acquires and redevelops high-quality, Class A office properties located in select central business district submarkets of New York and San Francisco.

Plymouth Industrial REIT

Market Cap: US$743.1m

Plymouth Industrial REIT, Inc. (NYSE: PLYM) is a full service, vertically integrated real estate investment company focused on the acquisition, ownership and management of single and multi-tenant industrial properties.

Ohio Valley Banc

Market Cap: US$147.4m

Operates as the bank holding company for The Ohio Valley Bank Company that provides commercial and consumer banking products and services.

CPI Card Group

Market Cap: US$241.8m

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

Quaker Chemical

Market Cap: US$1.9b

Quaker Chemical Corporation, doing business as Quaker Houghton, provides industrial process fluids worldwide.

Winnebago Industries

Market Cap: US$978.6m

Manufactures and sells recreation vehicles and marine products primarily for use in leisure travel and outdoor recreation activities.

Magnera

Market Cap: US$436.1m

Manufactures and sells non-woven and related products worldwide.

Colony Bankcorp

Market Cap: US$270.5m

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.

Pebblebrook Hotel Trust

Market Cap: US$1.1b

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.

Alerus Financial

Market Cap: US$530.9m

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

LCNB

Market Cap: US$197.8m

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

Ryerson Holding

Market Cap: US$711.5m

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

Enviri

Market Cap: US$654.4m

Provides environmental solutions for industrial and specialty waste streams in the United States and internationally.

National Research

Market Cap: US$321.0m

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

Saul Centers

Market Cap: US$1.2b

A self-managed, self-administered equity REIT headquartered in Bethesda, Maryland, which currently operates and manages a real estate portfolio of 62 properties, which includes (a) 50 community and neighborhood shopping centers and eight mixed-use properties with approximately 10.2 million square feet of leasable area and (b) four non-operating land and development properties.

NL Industries

Market Cap: US$338.0m

Through its subsidiaries, operates in the component products industry in Europe, North America, the Asia Pacific, and internationally.

Trinseo

Market Cap: US$107.0m

Provides specialty material solutions in the United States, Europe, the Asia-Pacific, and internationally.