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Small cap companies are usually not followed by analysts, which makes choosing the right small-cap (market cap < $2 billion) more difficult. Choosing the right small companies to invest can be daunting; however, instead purchases provide a good starting point. Insiders, especially executives and directors of small companies tend to know their company very well. Tracking their stock purchase activities can generate lucrative returns.

Below is a list of notable insider purchases of small-cap stocks filed at the Securities and Exchange Commission today. Following Seeking Alpha's small-cap policy, all the stocks in the table are greater than $1 per share or $100 million market cap.

I have written a short analysis of each company's financial records. However, these are not buying and selling recommendations. It is also important to pay attention to how much the insiders buy, especially with respect to the size of their company and their regular income. I have filtered out those transactions with a total value of less than $10,000. As Peter Lynch pointed out in his book, One Up On Wall Street, insiders sell for various reasons, which is usually not very informative unless they are dumping shares like there is no tomorrow. Insiders buy for one reason: they are signaling that they have confidence in the company's future performance. Of course, insiders could be wrong. It is nevertheless a good starting point to add those stocks to watch list.

Global Partners LP (NYSE:GLP) is a basic materials wholesale company. It has a market cap of $566.90 million. According to today's SEC filing, Global Partners has one insider who purchased a total of 10,000 shares at the total value of $205,900. I like this company with an undervalued stock, reflected in a low PEG ratio. I don't like Global Partners LP's operating margin of 0.32%, a sign for the company's shaky financial health. The company has a decent dividend payout that provides a minimum margin of safety.

GP Strategies Corp. (NYSE:GPX) is an education & training services company. It has a market cap of $310.40 million. According to today's SEC filing, GP Strategies has one insider who purchased a total of 1,000 shares at the total value of $16,560. Its stock price is about 9.03% below its 52-week high, usually a positive technical indicator on the company. The well-above-one PEG ratio suggests it's somewhat overvalued. I believe GP Strategies' operating margin of 8.18% is acceptable.

Isramco Inc. (NASDAQ:ISRL) is a basic materials company, specifically in the industry of independent oil & gas. It has a market cap of $282.70 million. According to today's SEC filing, Isramco has one insider who purchased a total of 20,000 shares at the total value of $1,766,000. Given that its price is only 8.08% lower than its 52-week high, the overall market sentiment appears positive.

La-Z-Boy Inc. (NYSE:LZB) is a consumer goods company, specifically in the industry of home furnishings & fixtures. It has a market cap of $587.50 million. According to today's SEC filing, La-Z-Boy has one insider who purchased a total of 900 shares at the total value of $10,066. The well-above-one PEG ratio suggests it's somewhat overvalued. Its operating margin of 4.03% is not very exciting. It doesn't appear to be at a point of entry yet. Watch.

Pep Boys - Manny, Moe & Jack (NYSE:PBY) is an auto parts retailer. It has a market cap of $495.20 million. According to today's SEC filing, Pep Boys has one insider who purchased a total of 2,000 shares at the total value of $18,488. Its price is only around 14.55% off its 52-week low. While the stock appears it might have bottomed. Investors should proceed with caution. This company's value seems reasonable with a PEG ratio slightly above, suggesting the market is optimistic about its growth potential. Pep Boys operating margin of 2.51% is fairly low.

Sonus Networks, Inc. (NASDAQ:SONS) is a technology company, specifically in the industry of communication equipment. It has a market cap of $587.80 million. According to today's SEC filing, Sonus Networks has one insider who purchased a total of 600,000 shares at the total value of $1,260,000. Its price is near the bottom, at around 6.60% off its 52-week low. The company is currently losing money operationally. Its business has to turnaround for the situation to become more positive.

Versar Inc. (NYSEMKT:VSR) is a services company, specifically in the industry of technical services. It has a market cap of $29.80 million. According to today's SEC filing, Versar has one insider who purchased a total of 3,300 shares at the total value of $10,362. Given that its price is only 5.67% lower than its 52-week high, the overall market sentiment appears positive. I believe Versar's operating margin of 6.19% is acceptable. Thinning trading volume suggests that trading interest in the company is waning.

Source: Small Caps Purchased By Insiders Today