Undervalued Small Caps With Insider Activity To Explore In October 2025

Simply Wall St

As October 2025 begins, the U.S. stock market is showing resilience with major indices like the S&P 500 and Dow Jones Industrial Average setting fresh records despite concerns over a government shutdown and unexpected job losses in the private sector. This environment highlights the importance of identifying small-cap stocks that could offer potential growth opportunities, particularly those with insider activity, which can sometimes signal confidence from within a company amidst broader market volatility.

Top 10 Undervalued Small Caps With Insider Buying In The United States

NamePEPSDiscount to Fair ValueValue Rating
Limbach Holdings29.4x1.9x42.76%★★★★★★
PCB Bancorp9.5x2.9x35.51%★★★★★☆
Peoples Bancorp10.1x1.9x43.98%★★★★★☆
Tandem Diabetes CareNA0.9x47.94%★★★★★☆
Industrial Logistics Properties TrustNA0.8x25.14%★★★★★☆
Citizens & Northern11.3x2.8x41.54%★★★★☆☆
First Northern Community Bancorp9.8x2.8x47.38%★★★★☆☆
Thryv HoldingsNA0.7x33.23%★★★★☆☆
Shore Bancshares10.1x2.6x-80.51%★★★☆☆☆
Farmland Partners7.1x8.6x-44.98%★★★☆☆☆

Click here to see the full list of 67 stocks from our Undervalued US Small Caps With Insider Buying screener.

We'll examine a selection from our screener results.

Turtle Beach (TBCH)

Simply Wall St Value Rating: ★★★★★☆

Overview: Turtle Beach is a company specializing in the production of audio and video products with a market capitalization of $0.27 billion.

Operations: Turtle Beach's revenue primarily comes from its audio and video products, with the latest reported revenue at $361.12 million. The company has experienced fluctuations in its gross profit margin, which reached 37.27% in recent periods. Operating expenses are significant, with sales and marketing being a major component alongside research and development costs.

PE: 15.3x

Turtle Beach, a smaller U.S. company, has been navigating financial challenges but shows potential for growth. Recently, they reported a net loss of US$2.93 million for Q2 2025, an improvement from the previous year's US$7.52 million loss. The company repurchased 372,198 shares between May and June 2025 for US$5.01 million, reflecting insider confidence in their strategy. A new credit facility with Bank of America enhances their financial flexibility amid forecasts of earnings growth at 13% annually despite high debt levels and reliance on external borrowing.

TBCH Share price vs Value as at Oct 2025

Progress Software (PRGS)

Simply Wall St Value Rating: ★★★☆☆☆

Overview: Progress Software is a company that develops, deploys, and manages high-impact applications with a market cap of $2.63 billion.

Operations: The company's revenue is primarily derived from its software products, generating $940.13 million. Over the examined periods, the gross profit margin shows a decreasing trend, reaching 85.30% in recent data points. Operating expenses are significant and include sales & marketing and R&D costs as major components.

PE: 40.9x

Progress Software, a smaller player in the U.S. market, is showing signs of being undervalued despite recent challenges. The company reported a revenue increase to US$249.8 million for Q3 2025, yet net income fell compared to last year. Insider confidence is evident as insiders have been purchasing shares recently, signaling belief in future growth potential. The opening of a new Center of Excellence in Costa Rica and an expanded buyback plan further highlight strategic growth moves and shareholder value efforts.

PRGS Share price vs Value as at Oct 2025

Colony Bankcorp (CBAN)

Simply Wall St Value Rating: ★★★★★☆

Overview: Colony Bankcorp operates as a financial holding company providing banking, mortgage, and small business lending services with a market cap of $0.17 billion.

Operations: Colony Bankcorp generates its revenue primarily from three divisions: banking, mortgage banking, and small business specialty lending. The company has experienced varying net income margins over time, reaching 22.11% as of June 2025. Operating expenses are a significant component of the cost structure, with general and administrative expenses being the largest part of these costs.

PE: 10.5x

Colony Bankcorp's recent performance highlights its potential as an undervalued investment. For the second quarter ending June 30, 2025, net interest income rose to US$22.39 million from US$18.41 million a year ago, with net income climbing to US$7.98 million from US$5.47 million. The company repurchased 62,017 shares for US$0.96 million between April and June 2025, indicating strategic capital management. Insider confidence is evident with share purchases in this period, hinting at optimism about future growth prospects projected at 22% annually.

CBAN Share price vs Value as at Oct 2025

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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