Key Points
- Insider buying continued: Derek Steven Pilecki bought 5,354 shares of U.S. Global Investors at $2.62 per share, bringing his ownership to over 1.07 million shares. The filing shows a modest increase in his stake and adds to several other recent purchases.
- Multiple recent insider purchases: Pilecki has repeatedly bought GROW shares in May, including a large 23,910-share purchase and several smaller transactions. This pattern suggests ongoing confidence from the insider despite the stock's low price range.
- Company fundamentals and risks: U.S. Global Investors recently reported quarterly EPS of $0.23 on revenue of $2.76 million, while an EPS restatement is pending due to a share-count calculation error. The company said underlying financial results were unchanged, but the restatement could pressure sentiment in the near term.
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 purchased at an average cost of $2.62 per share, for a total transaction of $14,027.48. Following the completion of the acquisition, the insider owned 1,071,476 shares in the company, valued at approximately $2,807,267.12. This trade represents a 0.50% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
Derek Steven Pilecki also recently made the following trade(s):
- On Thursday, May 28th, Derek Steven Pilecki acquired 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 Thursday, May 21st, Derek Steven Pilecki bought 23,910 shares of U.S. Global Investors stock. The stock was acquired at an average price of $2.55 per share, for a total transaction 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 price of $2.55 per share, for a total transaction 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 price of $2.55 per share, for a total transaction 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 price of $2.62 per share, for a total transaction 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 price of $2.62 per share, for a total transaction 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 price of $2.61 per share, for a total transaction 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 price of $2.63 per share, for a total transaction of $539.15.
U.S. Global Investors Price Performance
U.S. Global Investors stock opened at $2.59 on Wednesday. U.S. Global Investors, Inc. has a 12-month low of $2.23 and a 12-month high of $3.65. The business's 50-day moving average price is $2.64 and its two-hundred day moving average price is $2.73. The stock has a market cap of $32.12 million, a PE ratio of 9.96 and a beta of 0.70.
U.S. Global Investors (NASDAQ:GROW - Get Free Report) last released its earnings results on Wednesday, May 13th. The asset manager reported $0.23 earnings per share (EPS) for the quarter. U.S. Global Investors had a return on equity of 6.92% and a net margin of 33.29%.The firm had revenue of $2.76 million for the quarter.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of GROW. MAI Capital Management bought a new position in U.S. Global Investors in the third quarter valued at about $102,000. Gator Capital Management LLC grew its position 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 acquiring an additional 16,661 shares during the last quarter. Citadel Advisors LLC grew its position in 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 acquiring an additional 14,938 shares during the last quarter. Susquehanna International Group LLP grew its position 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 acquiring an additional 48,871 shares during the last quarter. Finally, CWA Asset Management Group LLC boosted its stake in shares of 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 valued at $1,016,000 after purchasing an additional 168,176 shares in the last quarter. Institutional investors own 23.62% of the company's stock.
U.S. Global Investors News Summary
Here are the key news stories impacting U.S. Global Investors this week:
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.
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