U.S. Global Investors, Inc. (NASDAQ:GROW – Get Free Report) insider Derek Steven Pilecki bought 5,354 shares of the firm’s stock in a transaction on Monday, May 11th. The stock was acquired at an average cost of $2.62 per share, with a total value of $14,027.48. Following the completion of the purchase, the insider owned 1,071,476 shares of the company’s stock, valued at approximately $2,807,267.12. This trade represents a 0.50% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Derek Steven Pilecki also recently made the following trade(s):
- 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 bought 404 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 $1,030.20.
- On Friday, May 8th, Derek Steven Pilecki bought 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 bought 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 bought 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 stock was acquired at an average cost of $2.63 per share, with a total value of $539.15.
U.S. Global Investors Stock Performance
NASDAQ:GROW traded up $0.01 on Tuesday, reaching $2.60. The company’s stock had a trading volume of 50,621 shares, compared to its average volume of 19,074. U.S. Global Investors, Inc. has a 1-year low of $2.22 and a 1-year high of $3.65. The firm has a market cap of $32.24 million, a PE ratio of 10.00 and a beta of 0.70. The business’s 50-day moving average price is $2.64 and its two-hundred day moving average price is $2.73.
Institutional Trading of U.S. Global Investors
Institutional investors and hedge funds have recently bought and sold shares of the stock. CWA Asset Management Group LLC raised its holdings in U.S. Global Investors by 66.4% during the fourth quarter. CWA Asset Management Group LLC now owns 421,390 shares of the asset manager’s stock worth $1,016,000 after acquiring an additional 168,176 shares in the last quarter. Gator Capital Management LLC raised its stake in U.S. Global Investors by 2.4% in the third 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 during the period. MAI Capital Management bought a new stake in U.S. Global Investors in the third quarter valued at approximately $102,000. Rothschild Wealth LLC bought a new stake in U.S. Global Investors in the fourth quarter valued at approximately $1,260,000. Finally, Susquehanna International Group LLP raised its stake in U.S. Global Investors by 108.2% in the third 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 during the period. Institutional investors own 23.62% of the company’s stock.
Trending Headlines about U.S. Global Investors
Here are the key news stories impacting U.S. Global Investors this week:
- Positive Sentiment: Management said the EPS restatement was caused by a spreadsheet omission, with no impact on net income, revenue, or cash, which should limit concern about the underlying business. Article Title
- Positive Sentiment: Multiple insider and major-shareholder purchases, including by Derek Steven Pilecki and Gator Capital Management, suggest confidence from those close to the company. Article Title
- Neutral Sentiment: The restatement will require an amended Form 10-Q/A, and prior disclosures tied to the affected period should no longer be relied upon, which may create some short-term investor caution. Article Title
U.S. Global Investors Company Profile
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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