Gator Capital Management, Llc Acquires 5,354 Shares of U.S. Global Investors (NASDAQ:GROW) Stock

U.S. Global Investors, Inc. (NASDAQ:GROW) major shareholder Gator Capital Management, Llc purchased 5,354 shares of the company’s stock in a transaction dated Monday, May 11th. The stock was purchased at an average price of $2.62 per share, with a total value of $14,027.48. Following the completion of the purchase, the insider directly owned 1,071,476 shares in the company, valued at $2,807,267.12. The trade was a 0.50% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible 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 Thursday, May 28th, Gator Capital Management, Llc purchased 1,376 shares of U.S. Global Investors stock. The stock was purchased at an average price of $2.60 per share, with a total value of $3,577.60.
• On Thursday, May 21st, Gator Capital Management, Llc purchased 23,910 shares of U.S. Global Investors stock. The stock was purchased at an average price of $2.55 per share, with a total value of $60,970.50.
• On Wednesday, May 13th, Gator Capital Management, Llc purchased 3,601 shares of U.S. Global Investors stock. The stock was purchased at an average price of $2.55 per share, with a total value of $9,182.55.
• On Tuesday, May 12th, Gator Capital Management, Llc purchased 404 shares of U.S. Global Investors stock. The stock was purchased at an average price of $2.55 per share, with a total value of $1,030.20.
• On Friday, May 8th, Gator Capital Management, Llc purchased 208 shares of U.S. Global Investors stock. The stock was purchased at an average price of $2.62 per share, with a total value of $544.96.
• On Thursday, May 7th, Gator Capital Management, Llc bought 2,976 shares of U.S. Global Investors stock. The shares were bought at an average cost of $2.62 per share, with a total value of $7,797.12.
• On Wednesday, May 6th, Gator Capital Management, Llc bought 259 shares of U.S. Global Investors stock. The shares were bought at an average cost of $2.61 per share, with a total value of $675.99.
• On Friday, May 1st, Gator Capital Management, Llc bought 205 shares of U.S. Global Investors stock. The shares were bought at an average cost of $2.63 per share, with a total value of $539.15.

U.S. Global Investors Trading Up 0.4%

NASDAQ:GROW traded up $0.01 during trading hours on Tuesday, hitting $2.60. 50,621 shares of the company were exchanged, compared to its average volume of 19,074. The stock has a market capitalization of $32.24 million, a price-to-earnings ratio of 10.00 and a beta of 0.70. U.S. Global Investors, Inc. has a one year low of $2.22 and a one year high of $3.65. The company has a fifty day simple moving average of $2.64 and a 200 day simple moving average of $2.73.

U.S. Global Investors (NASDAQ:GROW) last announced its earnings results on Wednesday, May 13th. The asset manager reported $0.23 earnings per share (EPS) for the quarter. The business 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%.

Key Stories Impacting U.S. Global Investors

Here are the key news stories impacting U.S. Global Investors this week:

• Positive Sentiment: Management said the EPS restatement was caused by a spreadsheet omission, with no impact on net income, revenue, or cash, which should limit concern about the underlying business. Article Title
• Positive Sentiment: Multiple insider and major-shareholder purchases, including by Derek Steven Pilecki and Gator Capital Management, suggest confidence from those close to the company. Article Title
• Neutral Sentiment: The restatement will require an amended Form 10-Q/A, and prior disclosures tied to the affected period should no longer be relied upon, which may create some short-term investor caution. Article Title

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of GROW. MAI Capital Management bought a new position in U.S. Global Investors during the 3rd quarter worth $102,000. Gator Capital Management LLC raised its position in U.S. Global Investors by 2.4% during the 3rd quarter. Gator Capital Management LLC now owns 700,884 shares of the asset manager’s stock worth $1,927,000 after purchasing an additional 16,661 shares during the last quarter. Citadel Advisors LLC raised its position in U.S. Global Investors by 52.1% during the 3rd quarter. Citadel Advisors LLC now owns 43,625 shares of the asset manager’s stock worth $120,000 after purchasing an additional 14,938 shares during the last quarter. Susquehanna International Group LLP grew its holdings in U.S. Global Investors by 108.2% during the 3rd quarter. Susquehanna International Group LLP now owns 94,036 shares of the asset manager’s stock worth $259,000 after acquiring an additional 48,871 shares during the period. Finally, CWA Asset Management Group LLC grew its holdings in U.S. Global Investors by 66.4% during the 4th quarter. CWA Asset Management Group LLC now owns 421,390 shares of the asset manager’s stock worth $1,016,000 after acquiring an additional 168,176 shares during the period. 23.62% of the stock is owned by institutional investors.

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.