U.S. Global Investors (NASDAQ:GROW) Major Shareholder Purchases $53,084.64 in Stock

U.S. Global Investors, Inc. (NASDAQ:GROW) major shareholder Gator Capital Management, Llc bought 20,496 shares of the company’s stock in a transaction on Tuesday, June 2nd. The shares were acquired at an average cost of $2.59 per share, for a total transaction of $53,084.64. Following the completion of the acquisition, the insider directly owned 1,121,263 shares of the company’s stock, valued at $2,904,071.17. This trade represents a 1.86% increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Large shareholders that own 10% or more 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 Wednesday, June 3rd, Gator Capital Management, Llc bought 330 shares of U.S. Global Investors stock. The shares were acquired at an average cost of $2.60 per share, for a total transaction of $858.00.
• On Thursday, May 28th, Gator Capital Management, Llc bought 1,376 shares of U.S. Global Investors stock. The shares were acquired at an average cost of $2.60 per share, for a total transaction of $3,577.60.
• On Thursday, May 21st, Gator Capital Management, Llc bought 23,910 shares of U.S. Global Investors stock. The shares were acquired at an average cost of $2.55 per share, for a total transaction of $60,970.50.
• On Wednesday, May 13th, Gator Capital Management, Llc bought 3,601 shares of U.S. Global Investors stock. The shares were 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 bought 404 shares of U.S. Global Investors stock. The shares were acquired 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 bought 5,354 shares of U.S. Global Investors stock. The shares were acquired 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 bought 208 shares of U.S. Global Investors stock. The shares were acquired at an average cost of $2.62 per share, for a total transaction of $544.96.
• On Thursday, May 7th, Gator Capital Management, Llc bought 2,976 shares of U.S. Global Investors stock. The shares were acquired 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 purchased 259 shares of U.S. Global Investors stock. The shares were purchased at an average price of $2.61 per share, with a total value of $675.99.
• On Friday, May 1st, Gator Capital Management, Llc purchased 205 shares of U.S. Global Investors stock. The shares were purchased at an average price of $2.63 per share, with a total value of $539.15.

U.S. Global Investors Stock Performance

U.S. Global Investors stock opened at $2.67 on Friday. The company has a 50-day simple moving average of $2.62 and a 200-day simple moving average of $2.73. The firm has a market capitalization of $33.11 million, a P/E ratio of 10.27 and a beta of 0.70. U.S. Global Investors, Inc. has a one year low of $2.23 and a one year high of $3.65.

Analyst Ratings Changes

Separately, Weiss Ratings restated 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 data from MarketBeat, the company presently has an average rating of “Hold”.

Hedge Funds Weigh In On U.S. Global Investors

Institutional investors have recently modified their holdings of the company. MAI Capital Management bought a new position in shares of U.S. Global Investors during the third quarter worth about $102,000. Sandia Investment Management LP bought a new position in shares of U.S. Global Investors during the fourth quarter worth about $106,000. Citadel Advisors LLC grew 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. Dimensional Fund Advisors LP grew 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 grew 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. Institutional investors own 23.62% of the company’s stock.

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.