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

U.S. Global Investors, Inc. (NASDAQ:GROW) insider Derek Steven Pilecki purchased 20,496 shares of the firm’s stock in a transaction on Tuesday, June 2nd. The shares were purchased at an average cost of $2.59 per share, with a total value of $53,084.64. Following the completion of the purchase, the insider owned 1,121,263 shares in the company, valued at $2,904,071.17. This represents a 1.86% increase in their position. The transaction was disclosed in a legal 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 purchased 330 shares of U.S. Global Investors stock. The shares were purchased 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 purchased 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 purchased 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 purchased 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 purchased 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 purchased at an average cost 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 purchased at an average cost 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 purchased at an average cost 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 purchased at an average cost 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 purchased at an average cost of $2.63 per share, with a total value of $539.15.

U.S. Global Investors Stock Performance

Shares of NASDAQ GROW opened at $2.71 on Friday. The stock has a fifty day moving average price of $2.62 and a two-hundred day moving average price of $2.73. 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, Inc. has a 1 year low of $2.23 and a 1 year high of $3.65.

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

Wall Street Analyst Weigh In

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

Institutional Investors Weigh In On U.S. Global Investors

Institutional investors and hedge funds have recently modified their holdings of the stock. Dimensional Fund Advisors LP lifted its holdings in shares of 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 purchasing an additional 5,056 shares in the last quarter. Citadel Advisors LLC lifted its holdings 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 valued at $120,000 after purchasing an additional 14,938 shares in the last quarter. Gator Capital Management LLC lifted its holdings in shares of 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 purchasing an additional 16,661 shares in the last quarter. Renaissance Technologies LLC lifted its holdings in shares of U.S. Global Investors by 12.3% in the first quarter. Renaissance Technologies LLC now owns 192,715 shares of the asset manager’s stock valued at $478,000 after purchasing an additional 21,100 shares in the last quarter. Finally, MAI Capital Management purchased a new stake in shares of U.S. Global Investors in the third quarter valued at $102,000. Institutional investors and hedge funds own 23.62% of the company’s stock.

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.