U.S. Undervalued Small Caps With Insider Buying

BlueLinx Holdings

Market Cap: US$540.5m

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

Barrett Business Services

Market Cap: US$1.1b

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

Columbus McKinnon

Market Cap: US$434.5m

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

Industrial Logistics Properties Trust

Market Cap: US$217.6m

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

Citizens & Northern

Market Cap: US$287.7m

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

Thryv Holdings

Market Cap: US$594.8m

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

Titan Machinery

Market Cap: US$424.3m

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

Farmland Partners

Market Cap: US$541.2m

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.

MVB Financial

Market Cap: US$256.4m

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

Lindblad Expeditions Holdings

Market Cap: US$600.7m

Provides marine expedition adventures and travel experience worldwide.

Delek US Holdings

Market Cap: US$1.2b

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

Five Star Bancorp

Market Cap: US$594.3m

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.

PhenixFIN

Market Cap: US$98.2m

A business development company.

Victoria's Secret

Market Cap: US$1.8b

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

NexPoint Real Estate Finance

Market Cap: US$347.2m

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

Kronos Worldwide

Market Cap: US$759.2m

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

Alerus Financial

Market Cap: US$541.6m

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

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.

Winnebago Industries

Market Cap: US$923.2m

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

Colony Bankcorp

Market Cap: US$271.9m

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.

Plymouth Industrial REIT

Market Cap: US$747.2m

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.

NPK International

Market Cap: US$711.7m

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

Envela

Market Cap: US$146.4m

Provides recycling and recommerce services in the United States.

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.

Magnera

Market Cap: US$471.3m

Manufactures and sells non-woven and related products worldwide.

CPI Card Group

Market Cap: US$245.8m

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

Univest Financial

Market Cap: US$850.8m

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

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.

Braemar Hotels & Resorts

Market Cap: US$178.2m

Together with its subsidiaries (“Braemar”), is a Maryland corporation that invests primarily in high revenue per available room (“RevPAR”) luxury hotels and resorts.

Enviri

Market Cap: US$660.1m

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

Trinseo

Market Cap: US$111.6m

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

PROG Holdings

Market Cap: US$1.2b

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

James River Group Holdings

Market Cap: US$272.1m

Provides specialty insurance services.

TXO Partners

Market Cap: US$826.1m

An oil and natural gas company, focuses on the acquisition, development, optimization, and exploitation of conventional oil, natural gas, and natural gas liquid reserves in North America.

AudioEye

Market Cap: US$157.8m

Provides Internet content publication and distribution software and related services to Internet and other media to people regardless of their device, location, or disabilities in the United States.