U.S. Undervalued Small Caps With Insider Buying

Lindblad Expeditions Holdings

Market Cap: US$574.4m

Provides marine expedition adventures and travel experience worldwide.

Five Star Bancorp

Market Cap: US$597.3m

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.

Montrose Environmental Group

Market Cap: US$668.2m

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

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.

Farmland Partners

Market Cap: US$530.5m

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.

Delek US Holdings

Market Cap: US$1.2b

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

BlueLinx Holdings

Market Cap: US$536.8m

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

Tandem Diabetes Care

Market Cap: US$1.3b

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

Citizens & Northern

Market Cap: US$287.4m

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

Titan Machinery

Market Cap: US$422.0m

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

Niagen Bioscience

Market Cap: US$854.1m

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

Columbus McKinnon

Market Cap: US$412.2m

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

MVB Financial

Market Cap: US$254.2m

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

Thryv Holdings

Market Cap: US$581.7m

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

Paramount Group

Market Cap: US$1.4b

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$950.9m

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

Kronos Worldwide

Market Cap: US$728.2m

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

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.

Plymouth Industrial REIT

Market Cap: US$745.8m

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.

Magnera

Market Cap: US$427.9m

Manufactures and sells non-woven and related products worldwide.

Quaker Chemical

Market Cap: US$1.9b

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

Alerus Financial

Market Cap: US$532.9m

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

CPI Card Group

Market Cap: US$251.1m

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

Colony Bankcorp

Market Cap: US$266.7m

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.

Camping World Holdings

Market Cap: US$1.7b

Together its subsidiaries, retails recreational vehicles (RVs), and related products and services in the United States.

SolarEdge Technologies

Market Cap: US$1.1b

Designs, develops, manufactures, and sells direct current (DC) optimized inverter systems for solar photovoltaic (PV) installations in the United States, Germany, the Netherlands, Italy, rest of Europe, and internationally.

Victoria's Secret

Market Cap: US$1.7b

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

PhenixFIN

Market Cap: US$99.0m

A business development company.

Ohio Valley Banc

Market Cap: US$156.4m

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

NexPoint Real Estate Finance

Market Cap: US$336.1m

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

Trinseo

Market Cap: US$108.0m

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

Manitowoc Company

Market Cap: US$372.5m

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

ArcBest

Market Cap: US$1.4b

An integrated logistics company, provides ground, air, and ocean transportation solutions worldwide.

James River Group Holdings

Market Cap: US$267.1m

Provides specialty insurance services.

Methode Electronics

Market Cap: US$283.7m

Designs, engineers, and produces mechatronic products worldwide.