U.S. Global Investors, Inc. (NASDAQ:GROW – Get Free Report) insider Derek Steven Pilecki acquired 20,496 shares of the company’s stock in a transaction dated Tuesday, June 2nd. The shares were purchased at an average price of $2.59 per share, for a total transaction of $53,084.64. Following the purchase, the insider directly owned 1,121,263 shares of the company’s stock, valued at approximately $2,904,071.17. This trade represents a 1.86% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Derek Steven Pilecki also recently made the following trade(s):
- On Wednesday, June 3rd, Derek Steven Pilecki purchased 330 shares of U.S. Global Investors stock. The shares were bought at an average cost of $2.60 per share, with a total value of $858.00.
- On Thursday, May 28th, Derek Steven Pilecki purchased 1,376 shares of U.S. Global Investors stock. The shares were bought at an average cost of $2.60 per share, with a total value of $3,577.60.
- On Thursday, May 21st, Derek Steven Pilecki purchased 23,910 shares of U.S. Global Investors stock. The shares were bought at an average cost of $2.55 per share, with a total value of $60,970.50.
- On Wednesday, May 13th, Derek Steven Pilecki purchased 3,601 shares of U.S. Global Investors stock. The shares were bought at an average cost of $2.55 per share, with a total value of $9,182.55.
- On Tuesday, May 12th, Derek Steven Pilecki purchased 404 shares of U.S. Global Investors stock. The shares were bought at an average cost of $2.55 per share, with a total value of $1,030.20.
- On Monday, May 11th, Derek Steven Pilecki purchased 5,354 shares of U.S. Global Investors stock. The shares were bought at an average cost of $2.62 per share, with a total value of $14,027.48.
- On Friday, May 8th, Derek Steven Pilecki acquired 208 shares of U.S. Global Investors stock. The stock was acquired at an average cost of $2.62 per share, with a total value of $544.96.
- On Thursday, May 7th, Derek Steven Pilecki acquired 2,976 shares of U.S. Global Investors stock. The stock was acquired at an average cost of $2.62 per share, with a total value of $7,797.12.
- On Wednesday, May 6th, Derek Steven Pilecki acquired 259 shares of U.S. Global Investors stock. The stock was acquired at an average cost of $2.61 per share, with a total value of $675.99.
- On Friday, May 1st, Derek Steven Pilecki acquired 205 shares of U.S. Global Investors stock. The stock was acquired at an average cost of $2.63 per share, with a total value of $539.15.
U.S. Global Investors Trading Up 2.7%
U.S. Global Investors stock traded up $0.07 during mid-day trading on Thursday, reaching $2.68. The company’s stock had a trading volume of 7,111 shares, compared to its average volume of 46,590. The firm has a market cap of $33.23 million, a price-to-earnings ratio of 10.31 and a beta of 0.70. The business has a 50 day moving average price of $2.62 and a 200-day moving average price of $2.73. U.S. Global Investors, Inc. has a twelve month low of $2.23 and a twelve month high of $3.65.
Wall Street Analyst Weigh In
Separately, Weiss Ratings restated a “hold (c-)” rating on shares of U.S. Global Investors in a report on Tuesday. One analyst has rated the stock with a Hold rating, According to MarketBeat, the stock presently has an average rating of “Hold”.
Check Out Our Latest Report on U.S. Global Investors
Hedge Funds Weigh In On U.S. Global Investors
Several institutional investors and hedge funds have recently bought and sold shares of GROW. MAI Capital Management purchased a new position in U.S. Global Investors during the 3rd quarter valued at about $102,000. Gator Capital Management LLC grew its stake in shares of U.S. Global Investors by 2.4% in the 3rd quarter. Gator Capital Management LLC now owns 700,884 shares of the asset manager’s stock valued at $1,927,000 after buying an additional 16,661 shares in the last quarter. Citadel Advisors LLC grew its stake in shares of U.S. Global Investors by 52.1% in the 3rd quarter. Citadel Advisors LLC now owns 43,625 shares of the asset manager’s stock valued at $120,000 after buying an additional 14,938 shares in the last quarter. Susquehanna International Group LLP grew its stake in shares of U.S. Global Investors by 108.2% in the 3rd quarter. Susquehanna International Group LLP now owns 94,036 shares of the asset manager’s stock valued at $259,000 after buying an additional 48,871 shares in the last quarter. Finally, CWA Asset Management Group LLC grew its stake in shares of U.S. Global Investors by 66.4% in the 4th quarter. CWA Asset Management Group LLC now owns 421,390 shares of the asset manager’s stock valued at $1,016,000 after buying an additional 168,176 shares in the last quarter. Hedge funds and other institutional investors own 23.62% of the company’s stock.
About U.S. Global Investors
U.S. Global Investors, Inc is an independent asset management firm that specializes in natural resource and global equity investing. The company focuses on sectors such as precious metals, energy, agriculture and emerging markets, seeking long-term capital appreciation for individual and institutional investors. Its investment strategies are built around thematic, research-driven approaches that aim to capture opportunities across commodity cycles and global economic trends.
The firm offers a range of investment products, including open-end mutual funds, closed-end funds, exchange-traded funds and separately managed accounts.
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