Global Undervalued Small Caps With Insider Buying

Citizens Community Bancorp

Market Cap: US$156.9m

Operates as a bank holding company for Citizens Community Federal N.A.

GEN Restaurant Group

Market Cap: US$108.6m

Operates restaurants in the United States.

Bank Danamon Indonesia

Market Cap: Rp25.1t

Provides banking services for retail, small and medium enterprises (SMEs), and corporate customers in Indonesia.

East West Banking

Market Cap: ₱27.0b

Operates as a commercial bank that provides a range of financial products and services to individual and corporate clients in the Philippines and internationally.

Daiwa House Logistics Trust

Market Cap: S$391.9m

Daiwa House Logistics Trust (“DHLT”) is a Singapore real estate investment trust (“REIT”) established with the investment strategy of principally investing in a portfolio of income-producing logistics and industrial real estate assets located across Asia.

Avia Avian

Market Cap: Rp25.5t

Manufactures and distributes paints and building materials in Indonesia.

BWP Trust

Market Cap: AU$2.6b

Established and listed on the Australian Securities Exchange (‘ASX’) in 1998, BWP Trust (‘BWP’ or ‘the Trust’) is a real estate investment trust investing in and managing commercial properties throughout Australia.

Dicker Data

Market Cap: AU$1.6b

Engages in the wholesale distribution of computer hardware, software, and related products for corporate and commercial markets in Australia and New Zealand.

Bytes Technology Group

Market Cap: UK£963.0m

Offers software, security, AI, and cloud services in the United Kingdom, Europe, and internationally.

A.G. BARR

Market Cap: UK£767.5m

Manufactures, distributes, and sells soft drinks and cocktail solutions in the United Kingdom and internationally.

First United

Market Cap: US$223.8m

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.

PCB Bancorp

Market Cap: US$304.9m

Operates as the bank holding company for PCB Bank that provides various banking products and services to small and middle market businesses and individuals.

Industrial Logistics Properties Trust

Market Cap: US$382.1m

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

Hemisphere Energy

Market Cap: CA$185.6m

Acquires, explores, develops, and produces petroleum and natural gas properties in Canada.

Southside Bancshares

Market Cap: US$893.7m

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

Columbus McKinnon

Market Cap: US$395.9m

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

Shore Bancshares

Market Cap: US$530.0m

Operates as a bank holding company for the Shore United Bank, N.A.

CVS Group

Market Cap: UK£909.7m

Engages in veterinary, pet crematoria, online pharmacy, and retail businesses.

Tilray Brands

Market Cap: US$1.2b

A lifestyle consumer products company, engages in the research, cultivation, processing, and distribution of medical cannabis products in Canada, the United States, Europe, the Middle East, Africa, and internationally.

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.

Angel Oak Mortgage REIT

Market Cap: US$235.8m

A real estate finance company, focuses on acquiring and investing in first lien non- qualified mortgage loans and other mortgage-related assets in the United States mortgage market.

Sagicor Financial

Market Cap: CA$1.1b

Provides insurance products and related financial services in Jamaica, Barbados, Trinidad, Tobago, other Caribbean region, and the United States.

Morguard North American Residential Real Estate Investment Trust

Market Cap: CA$984.6m

The REIT is an unincorporated, open-ended real estate investment trust established under and governed by the laws of the Province of Ontario.

Citizens & Northern

Market Cap: US$302.2m

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$577.8m

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

Peoples Bancorp

Market Cap: US$1.0b

Operates as the financial holding company for Peoples Bank that provides commercial and consumer banking products and services.

Farmland Partners

Market Cap: US$484.3m

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.

Nyab

Market Cap: SEK 4.9b

Provides engineering, construction, and maintenance services to energy, infrastructure, and industrial construction projects for public and private sectors in Finland and Sweden.

Bank of Valletta

Market Cap: €1.2b

Provides banking, financial, investment, and other products and services in Malta.

NCC Group

Market Cap: UK£445.0m

Engages in the cyber and software resilience business in the United Kingdom, the Asian-Pacific, North America, and Europe.

PhenixFIN

Market Cap: US$98.7m

A business development company.

Elders

Market Cap: AU$1.4b

Provides agricultural products and services to rural and regional customers primarily in Australia.

Super Group

Market Cap: R4.8b

Engages in the supply chain management, mobility, dealership, and fleet management activities in South Africa, sub-Saharan Africa, Australia, Europe, New Zealand, and the United Kingdom.

Instabank

Market Cap: NOK 1.1b

Provides various banking products and services in Norway.

Far East Orchard

Market Cap: S$589.1m

An investment holding company, engages in the hotel operations and property investment activities in Singapore, Australia, the United Kingdom, Japan, Malaysia, Germany, and Denmark.

Growthpoint Properties Australia

Market Cap: AU$1.8b

Since 2009, we’ve been investing in high-quality Australian real estate.