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

U.S. Global Investors, Inc. (NASDAQ:GROW) insider Derek Steven Pilecki purchased 20,496 shares of the stock in a transaction dated Tuesday, June 2nd. The shares were purchased at an average price of $2.59 per share, with a total value of $53,084.64. Following the completion of the acquisition, the insider owned 1,121,263 shares of the company’s stock, valued at approximately $2,904,071.17. This represents a 1.86% 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 link.

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 price 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 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 purchased 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 purchased 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 purchased 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 purchased 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 purchased 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 purchased 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 purchased 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 purchased at an average price of $2.63 per share, with a total value of $539.15.

U.S. Global Investors Price Performance

Shares of NASDAQ GROW opened at $2.67 on Friday. The company has a market cap of $33.11 million, a PE ratio of 10.27 and a beta of 0.70. U.S. Global Investors, Inc. has a 12 month low of $2.23 and a 12 month high of $3.65. The company has a 50-day simple moving average of $2.62 and a 200-day simple moving average of $2.73.

Institutional Investors Weigh In On U.S. Global Investors

Institutional investors have recently bought and sold shares of the stock. MAI Capital Management purchased a new stake in U.S. Global Investors in the third quarter valued at approximately $102,000. Sandia Investment Management LP purchased a new stake in U.S. Global Investors in the fourth quarter valued at approximately $106,000. Citadel Advisors LLC grew its holdings 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 purchasing an additional 14,938 shares during the period. Dimensional Fund Advisors LP grew 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 purchasing an additional 5,056 shares during the period. Finally, Susquehanna International Group LLP grew 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 purchasing an additional 48,871 shares during the period. 23.62% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “hold (c-)” rating on shares of U.S. Global Investors in a report on Tuesday. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has a consensus 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.