U.S. Global Investors (NASDAQ:GROW) Insider Derek Steven Pilecki Purchases 20,496 Shares

U.S. Global Investors, Inc. (NASDAQ:GROW) insider Derek Steven Pilecki bought 20,496 shares of the stock in a transaction dated Tuesday, June 2nd. The stock was bought at an average price of $2.59 per share, with a total value of $53,084.64. Following the acquisition, the insider owned 1,121,263 shares in the company, valued at approximately $2,904,071.17. This represents a 1.86% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

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 bought at an average price of $2.60 per share, with a total value of $858.00.
• On Thursday, May 28th, Derek Steven Pilecki bought 1,376 shares of U.S. Global Investors stock. The stock was bought at an average price 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 acquired at an average price 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 acquired at an average price 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 acquired at an average price 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 acquired at an average price of $2.62 per share, with a total value of $14,027.48.
• On Friday, May 8th, Derek Steven Pilecki purchased 208 shares of U.S. Global Investors stock. The shares were acquired at an average price of $2.62 per share, with a total value of $544.96.
• On Thursday, May 7th, Derek Steven Pilecki purchased 2,976 shares of U.S. Global Investors stock. The shares were acquired at an average price of $2.62 per share, with a total value of $7,797.12.
• On Wednesday, May 6th, Derek Steven Pilecki purchased 259 shares of U.S. Global Investors stock. The shares were acquired at an average price of $2.61 per share, with a total value of $675.99.
• On Friday, May 1st, Derek Steven Pilecki purchased 205 shares of U.S. Global Investors stock. The shares were acquired at an average price of $2.63 per share, with a total value of $539.15.

U.S. Global Investors Stock Up 2.7%

NASDAQ:GROW traded up $0.07 during trading hours on Thursday, reaching $2.68. 7,111 shares of the company’s stock were exchanged, compared to its average volume of 46,590. The firm has a market capitalization of $33.23 million, a price-to-earnings ratio of 10.31 and a beta of 0.70. U.S. Global Investors, Inc. has a 1-year low of $2.23 and a 1-year high of $3.65. The company has a 50-day moving average of $2.62 and a 200 day moving average of $2.73.

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

Institutional Investors Weigh In On U.S. Global Investors

Several hedge funds have recently modified their holdings of GROW. MAI Capital Management acquired a new stake in shares of U.S. Global Investors in the third quarter worth approximately $102,000. Citadel Advisors LLC boosted its position in shares of U.S. Global Investors by 52.1% in the third quarter. Citadel Advisors LLC now owns 43,625 shares of the asset manager’s stock worth $120,000 after acquiring an additional 14,938 shares during the last quarter. Sandia Investment Management LP acquired a new stake in shares of U.S. Global Investors in the fourth quarter worth approximately $106,000. Dimensional Fund Advisors LP raised its holdings in U.S. Global Investors by 9.4% in the first 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 during the period. Finally, Susquehanna International Group LLP raised its holdings 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. 23.62% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated 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, U.S. Global Investors 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.