In the last week, the United States market has remained flat, yet it has experienced a notable 19% increase over the past year, with earnings projected to grow by 18% per annum in the coming years. In this environment, identifying stocks that are potentially undervalued and exhibit insider activity can be a strategic approach for those looking to enhance their portfolios.

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

Name	PE	PS	Discount to Fair Value	Value Rating
Appian	2160.9x	2.5x	30.15%	★★★★★☆
Industrial Logistics Properties Trust	NA	1.3x	39.58%	★★★★★☆
Bank of Marin Bancorp	NA	12.8x	28.19%	★★★★☆☆
Kingstone Companies	9.6x	1.3x	34.07%	★★★★☆☆
Shore Bancshares	12.0x	3.4x	3.43%	★★★★☆☆
Modiv Industrial	NA	3.8x	49.28%	★★★★☆☆
German American Bancorp	13.2x	4.8x	39.32%	★★★☆☆☆
Patria Investments	24.4x	4.4x	8.96%	★★★☆☆☆
Union Bankshares	9.6x	2.0x	19.37%	★★★☆☆☆
Similarweb	NA	2.2x	15.94%	★★★☆☆☆

Let's uncover some gems from our specialized screener.

FTAI Infrastructure (FIP)

Simply Wall St Value Rating: ★★★★☆☆

Overview: FTAI Infrastructure focuses on railroad, power and gas, corporate operations, and ports and terminals management with a market capitalization of $1.4 billion.

Operations: The primary revenue streams are from Railroad and Power and Gas, contributing significantly to the company's total income. The gross profit margin has shown a notable upward trend, reaching 40.66% by March 2026. Operating expenses include significant costs such as depreciation and amortization, which have increased over time.

PE: -1.0x

FTAI Infrastructure, a small U.S. company, recently reported significant revenue growth from US$96.16 million to US$188.36 million year-over-year for Q1 2026 but faced a net loss of US$150.17 million, highlighting financial challenges despite increased sales. Insider confidence is evident with recent share purchases by key stakeholders, suggesting potential value recognition within the market. Although unprofitable and reliant on external borrowing, the firm's projected revenue growth of 19% annually indicates promising future prospects amidst current hurdles.

Industrial Logistics Properties Trust (ILPT)

Simply Wall St Value Rating: ★★★★★☆

Overview: Industrial Logistics Properties Trust focuses on owning and leasing industrial and logistics properties, with a market cap of approximately $0.25 billion.

Operations: The company generates revenue primarily from ownership and leasing of properties, with a recent revenue figure of $453.36 million. The gross profit margin has shown fluctuations, reaching 86.98% in the latest period. Operating expenses and non-operating expenses are significant cost components, impacting net income which was reported as -$54.13 million in the most recent quarter ending March 31, 2026.

PE: -10.7x

Industrial Logistics Properties Trust, a smaller U.S. company, is catching attention with its strategic moves. Recent insider confidence is evident as insiders bought shares in the last quarter of 2025. The company increased its quarterly dividend to US$0.10 per share and executed significant leases covering over 2.7 million square feet, boosting occupancy to about 98%. Despite reporting a net loss of US$9.43 million in Q1 2026, this trust's focus on long-term leases and dividend hikes suggests potential for future stability amidst current challenges.

Peoples Bancorp (PEBO)

Simply Wall St Value Rating: ★★★★☆☆

Overview: Peoples Bancorp is a financial services company primarily engaged in community banking, with operations generating $423.96 million in revenue.

Operations: Peoples Bancorp's primary revenue stream is from community banking, with recent revenue reported at $423.96 million. The company has experienced fluctuations in net income margin, reaching 26.06% as of March 2026. Operating expenses have consistently been a significant portion of costs, with general and administrative expenses being the largest component. Gross profit margin was last recorded at 98.40%.

PE: 12.3x

Peoples Bancorp, a smaller company in the U.S., is catching attention with its financial performance and insider confidence. Earnings for Q1 2026 showed net interest income climbing to US$90.42 million from US$85.26 million last year, while net income rose to US$29.01 million from US$24.34 million. Despite no recent share repurchases, the company completed a buyback of 501,949 shares for US$14.23 million since January 2021, indicating strategic capital management amidst projected earnings growth of 14.52% annually.

Make It Happen

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Contemplating Other Strategies?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
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• Find companies with promising cash flow potential yet trading below their fair value.

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.