Gator Capital Management, Llc Purchases 20,496 Shares of U.S. Global Investors (NASDAQ:GROW) Stock

U.S. Global Investors, Inc. (NASDAQ:GROWGet Free Report) major shareholder Gator Capital Management, Llc acquired 20,496 shares of the firm’s stock in a transaction on Tuesday, June 2nd. The shares were acquired at an average price 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 of the company’s stock, valued at $2,904,071.17. This trade represents a 1.86% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Major shareholders that own at least 10% 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 acquired 330 shares of U.S. Global Investors stock. The shares were acquired at an average price of $2.60 per share, with a total value of $858.00.
  • On Thursday, May 28th, Gator Capital Management, Llc acquired 1,376 shares of U.S. Global Investors stock. The shares were acquired 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 acquired 23,910 shares of U.S. Global Investors stock. The shares were acquired 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 acquired 3,601 shares of U.S. Global Investors stock. The shares were acquired 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 acquired 404 shares of U.S. Global Investors stock. The shares were acquired at an average price of $2.55 per share, with a total value of $1,030.20.
  • On Monday, May 11th, Gator Capital Management, Llc acquired 5,354 shares of U.S. Global Investors stock. The shares were acquired at an average price of $2.62 per share, with a total value of $14,027.48.
  • On Friday, May 8th, Gator Capital Management, Llc acquired 208 shares of U.S. Global Investors stock. The shares were acquired at an average price of $2.62 per share, with a total value of $544.96.
  • On Thursday, May 7th, Gator Capital Management, Llc acquired 2,976 shares of U.S. Global Investors stock. The shares were acquired at an average price of $2.62 per share, with a total value of $7,797.12.
  • On Wednesday, May 6th, Gator Capital Management, Llc acquired 259 shares of U.S. Global Investors stock. The shares were acquired at an average price of $2.61 per share, with a total value of $675.99.
  • On Friday, May 1st, Gator Capital Management, Llc acquired 205 shares of U.S. Global Investors stock. The shares were acquired at an average price of $2.63 per share, with a total value of $539.15.

U.S. Global Investors Stock Down 1.5%

GROW opened at $2.67 on Friday. U.S. Global Investors, Inc. has a 52-week low of $2.23 and a 52-week high of $3.65. The company has a 50 day moving average of $2.62 and a two-hundred day moving average of $2.73. The company has a market cap of $33.11 million, a P/E ratio of 10.27 and a beta of 0.70.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. MAI Capital Management purchased a new position in shares of U.S. Global Investors in the third quarter valued at $102,000. Sandia Investment Management LP purchased a new position in shares of U.S. Global Investors in the fourth quarter valued at $106,000. Citadel Advisors LLC boosted its stake 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 during the period. Dimensional Fund Advisors LP boosted its stake 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 during the period. Finally, Susquehanna International Group LLP boosted its stake 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 valued at $259,000 after acquiring an additional 48,871 shares during the last quarter. 23.62% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

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

Get Our Latest Report on GROW

About U.S. Global Investors

(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.

Further Reading

Insider Buying and Selling by Quarter for U.S. Global Investors (NASDAQ:GROW)

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