Over the last 7 days, the United States market has remained flat, yet it has experienced a significant 27% rise over the past year. In this context of anticipated earnings growth at 17% per annum in the coming years, identifying small-cap stocks with insider activity can be an intriguing strategy for investors seeking potential opportunities amidst these dynamic market conditions.

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

Name	PE	PS	Discount to Fair Value	Value Rating
First United	9.5x	2.7x	47.55%	★★★★★☆
Ferroglobe	NA	0.5x	27.42%	★★★★★☆
Appian	1770.2x	2.1x	39.74%	★★★★★☆
PCB Bancorp	8.7x	3.0x	18.67%	★★★★☆☆
Bank of the James Financial Group	9.5x	2.1x	40.54%	★★★★☆☆
New Peoples Bankshares	8.8x	2.3x	37.32%	★★★★☆☆
Union Bankshares	9.3x	1.9x	21.81%	★★★★☆☆
Angel Studios	NA	1.2x	-29.54%	★★★★☆☆
Ultralife	NA	0.5x	21.27%	★★★★☆☆
Bank of Marin Bancorp	NA	11.7x	34.11%	★★★☆☆☆

Let's take a closer look at a couple of our picks from the screened companies.

Orrstown Financial Services (ORRF)

Simply Wall St Value Rating: ★★★★★☆

Overview: Orrstown Financial Services is a financial institution primarily engaged in community banking operations, with a market capitalization of approximately $0.22 billion.

Operations: The company's revenue is primarily derived from community banking, with recent figures showing $255.37 million. Operating expenses are significant, dominated by general and administrative costs, which reached $115.69 million in the latest period. The net income margin has shown variability over time, reaching 33.13% in the most recent quarter.

PE: 8.5x

Orrstown Financial Services, a smaller company in the financial sector, is attracting attention with insider confidence shown through recent share purchases. Despite an expected earnings decline of 0.8% annually over the next three years, they reported a rise in net income to US$21.81 million for Q1 2026. The company declared a cash dividend of $0.30 per share and recently appointed Adam L. Metz as CEO effective June 2026, signaling potential leadership-driven strategic shifts ahead.

Mid Penn Bancorp (MPB)

Simply Wall St Value Rating: ★★★☆☆☆

Overview: Mid Penn Bancorp operates as a financial institution providing banking and financial services to individuals, businesses, and institutional clients with a market capitalization of approximately $0.5 billion.

Operations: Mid Penn Bancorp generates its revenue primarily through banking and financial services, with a recent quarterly revenue of $240.26 million. The company's gross profit margin consistently stands at 100%, reflecting that it incurs no cost of goods sold in its operations. Operating expenses are significant, with general and administrative expenses accounting for a substantial portion, recently recorded at $119.76 million. The net income margin shows variability over time, most recently reported at 21.32%.

PE: 16.0x

Mid Penn Bancorp, with its recent acquisition of 1st Colonial, aims to bolster its banking expertise and market presence. Despite a dip in net income to US$8.71 million from US$13.74 million year-over-year, the company maintains a steady dividend of US$0.22 per share for May 2026. Insider confidence is reflected through an increased buyback plan now authorized up to US$50 million until April 2027, signaling potential resilience amidst financial fluctuations and future growth prospects in the banking sector.

Enovis (ENOV)

Simply Wall St Value Rating: ★★★★★☆

Overview: Enovis operates in the medical technology sector, focusing on reconstructive and prevention and recovery solutions, with a market cap of approximately $3.97 billion.

Operations: The company's revenue is generated from two primary segments: Reconstructive and Prevention and Recovery, with each contributing over $1 billion. The gross profit margin has shown an upward trend, reaching 61.00% in recent periods. Operating expenses are primarily driven by General & Administrative costs, which consistently exceed $900 million.

PE: -1.3x

Enovis, a smaller company in the U.S., is catching attention with insider confidence shown through recent share purchases. Although facing challenges like a net loss of US$8.76 million for Q1 2026, it has improved from last year's performance. The company reported sales growth to US$589.15 million and reaffirmed its revenue guidance between US$2.31 billion and US$2.37 billion for 2026, indicating potential growth despite relying on external borrowing for funding.

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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.