Gator Capital Management, Llc Acquires 23,910 Shares of U.S. Global Investors (NASDAQ:GROW) Stock

U.S. Global Investors, Inc. (NASDAQ:GROWGet Free Report) major shareholder Gator Capital Management, Llc bought 23,910 shares of the business’s stock in a transaction dated Thursday, May 21st. The stock was acquired at an average cost of $2.55 per share, for a total transaction of $60,970.50. Following the completion of the acquisition, the insider directly owned 1,099,391 shares in the company, valued at approximately $2,803,447.05. This trade represents a 2.22% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Large shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Gator Capital Management, Llc also recently made the following trade(s):

  • On Thursday, May 28th, Gator Capital Management, Llc bought 1,376 shares of U.S. Global Investors stock. The stock was acquired at an average cost of $2.60 per share, for a total transaction of $3,577.60.
  • On Wednesday, May 13th, Gator Capital Management, Llc bought 3,601 shares of U.S. Global Investors stock. The stock was acquired at an average cost of $2.55 per share, for a total transaction of $9,182.55.
  • On Tuesday, May 12th, Gator Capital Management, Llc acquired 404 shares of U.S. Global Investors stock. The stock was purchased at an average cost of $2.55 per share, for a total transaction of $1,030.20.
  • On Monday, May 11th, Gator Capital Management, Llc acquired 5,354 shares of U.S. Global Investors stock. The stock was purchased at an average cost of $2.62 per share, for a total transaction of $14,027.48.
  • On Friday, May 8th, Gator Capital Management, Llc acquired 208 shares of U.S. Global Investors stock. The stock was purchased at an average cost of $2.62 per share, for a total transaction of $544.96.
  • On Thursday, May 7th, Gator Capital Management, Llc acquired 2,976 shares of U.S. Global Investors stock. The stock was purchased at an average cost of $2.62 per share, for a total transaction of $7,797.12.
  • On Wednesday, May 6th, Gator Capital Management, Llc acquired 259 shares of U.S. Global Investors stock. The stock was purchased at an average cost of $2.61 per share, for a total transaction of $675.99.
  • On Friday, May 1st, Gator Capital Management, Llc acquired 205 shares of U.S. Global Investors stock. The stock was purchased at an average cost of $2.63 per share, for a total transaction of $539.15.

U.S. Global Investors Stock Performance

Shares of GROW opened at $2.60 on Thursday. The stock has a market capitalization of $32.25 million, a P/E ratio of 10.00 and a beta of 0.70. The company’s fifty day moving average is $2.62 and its two-hundred 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.

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

Analyst Upgrades and Downgrades

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

View Our Latest Stock Report on GROW

Institutional Investors Weigh In On U.S. Global Investors

Institutional investors have recently made changes to their positions in the stock. CWA Asset Management Group LLC boosted its position in shares of U.S. Global Investors by 66.4% during the 4th quarter. CWA Asset Management Group LLC now owns 421,390 shares of the asset manager’s stock worth $1,016,000 after purchasing an additional 168,176 shares in the last quarter. Gator Capital Management LLC boosted its position in shares of U.S. Global Investors by 2.4% during the 3rd quarter. Gator Capital Management LLC now owns 700,884 shares of the asset manager’s stock worth $1,927,000 after purchasing an additional 16,661 shares in the last quarter. MAI Capital Management purchased a new stake in shares of U.S. Global Investors during the 3rd quarter worth $102,000. Rothschild Wealth LLC purchased a new stake in shares of U.S. Global Investors during the 4th quarter worth $1,260,000. Finally, Susquehanna International Group LLP boosted its position in shares of U.S. Global Investors by 108.2% during the 3rd quarter. Susquehanna International Group LLP now owns 94,036 shares of the asset manager’s stock worth $259,000 after purchasing an additional 48,871 shares in the last quarter. 23.62% of the stock is currently owned by hedge funds and other institutional investors.

More U.S. Global Investors News

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U.S. Global Investors Company Profile

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for U.S. Global Investors (NASDAQ:GROW)

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