10 Micro-Cap Stocks Insiders Were Buying in Q1 2025

6. The Herzfeld Caribbean Basin Fund Inc. (NASDAQ:CUBA)

Number of insiders buying: 5

Market Capitalization: $42.45 million

The Herzfeld Caribbean Basin Fund is a closed-end equity mutual fund that invests in U.S. public equities of companies likely to benefit from developments in the Caribbean Basin, including Cuba, Jamaica, and other nations in the region. The fund focuses on diversified sectors across these countries.

In a recent development, The Herzfeld Caribbean Basin Fund’s board of directors has approved a change in its investment strategy, shifting focus to a “CLO Equity Strategy” with a primary objective of total return and a secondary goal of generating high current income. The Fund will invest in equity and junior debt tranches of collateralized loan obligations (CLOs), which consist of below-investment-grade U.S. senior secured loans.

In March, five insiders acquired around $854,006 worth of The Herzfeld Caribbean Basin shares at an average price of $2.60 per share. Since the beginning of the year, the stock has risen 14.96%, trading at $2.69 per share. Over the past 12 months, the stock gained 4.67%.

Analyst coverage on The Herzfeld Caribbean Basin stock is currently limited.