U.S. Global Investors (NASDAQ:GROW) Insider Purchases $14,027.48 in Stock

U.S. Global Investors, Inc. (NASDAQ:GROW) insider Derek Steven Pilecki acquired 5,354 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The stock was bought at an average price of $2.62 per share, with a total value of $14,027.48. Following the acquisition, the insider directly owned 1,071,476 shares of the company’s stock, valued at $2,807,267.12. The trade was a 0.50% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Derek Steven Pilecki also recently made the following trade(s):

• On Wednesday, June 3rd, Derek Steven Pilecki bought 330 shares of U.S. Global Investors stock. The stock was acquired at an average cost of $2.60 per share, with a total value of $858.00.
• On Tuesday, June 2nd, Derek Steven Pilecki bought 20,496 shares of U.S. Global Investors stock. The stock was acquired at an average cost of $2.59 per share, with a total value of $53,084.64.
• On Thursday, May 28th, Derek Steven Pilecki bought 1,376 shares of U.S. Global Investors stock. The stock was acquired at an average cost of $2.60 per share, with a total value of $3,577.60.
• On Thursday, May 21st, Derek Steven Pilecki bought 23,910 shares of U.S. Global Investors stock. The stock was acquired at an average cost of $2.55 per share, with a total value of $60,970.50.
• On Wednesday, May 13th, Derek Steven Pilecki bought 3,601 shares of U.S. Global Investors stock. The stock was acquired at an average cost of $2.55 per share, with a total value of $9,182.55.
• On Tuesday, May 12th, Derek Steven Pilecki acquired 404 shares of U.S. Global Investors stock. The shares were purchased at an average price of $2.55 per share, with a total value of $1,030.20.
• On Friday, May 8th, Derek Steven Pilecki acquired 208 shares of U.S. Global Investors stock. The shares were purchased at an average price 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 shares were purchased at an average price 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 bought 205 shares of U.S. Global Investors stock. The shares were purchased at an average price of $2.63 per share, for a total transaction of $539.15.

U.S. Global Investors Trading Up 3.8%

Shares of NASDAQ GROW opened at $2.71 on Friday. The business’s 50 day moving average is $2.62 and its 200-day moving average is $2.73. U.S. Global Investors, Inc. has a 1-year low of $2.23 and a 1-year high of $3.65. The firm has a market cap of $33.60 million, a P/E ratio of 10.42 and a beta of 0.70.

U.S. Global Investors (NASDAQ:GROW) last posted its quarterly earnings data on Wednesday, May 13th. The asset manager reported $0.23 EPS for the quarter. U.S. Global Investors had a return on equity of 6.92% and a net margin of 33.29%.The firm had revenue of $2.76 million for the quarter.

Institutional Trading of U.S. Global Investors

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. MAI Capital Management bought a new stake in U.S. Global Investors in the 3rd quarter valued at about $102,000. Citadel Advisors LLC increased its position in 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. Sandia Investment Management LP bought a new stake in U.S. Global Investors in the 4th quarter valued at about $106,000. Dimensional Fund Advisors LP increased its position in U.S. Global Investors by 9.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 58,700 shares of the asset manager’s stock valued at $146,000 after buying an additional 5,056 shares in the last quarter. Finally, Susquehanna International Group LLP increased its position in 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. 23.62% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “hold (c-)” rating on shares of U.S. Global Investors in a report on Tuesday. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has an average rating of “Hold”.

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.