Derek Steven Pilecki Buys 23,910 Shares of U.S. Global Investors (NASDAQ:GROW) Stock

U.S. Global Investors, Inc. (NASDAQ:GROWGet Free Report) insider Derek Steven Pilecki bought 23,910 shares of U.S. Global Investors stock in a transaction dated Thursday, May 21st. The stock was acquired at an average price of $2.55 per share, with a total value of $60,970.50. Following the completion of the transaction, the insider directly owned 1,099,391 shares of the company’s stock, valued at approximately $2,803,447.05. The trade was a 2.22% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website.

Derek Steven Pilecki also recently made the following trade(s):

  • On Thursday, May 28th, Derek Steven Pilecki bought 1,376 shares of U.S. Global Investors stock. The stock was acquired at an average price of $2.60 per share, with a total value of $3,577.60.
  • 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, with a total value 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, with a total value of $1,030.20.
  • On Monday, May 11th, Derek Steven Pilecki bought 5,354 shares of U.S. Global Investors stock. The stock was acquired at an average price of $2.62 per share, with a total value of $14,027.48.
  • 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, with a total value of $544.96.
  • On Thursday, May 7th, Derek Steven Pilecki acquired 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 acquired 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 acquired 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 Trading Up 0.4%

U.S. Global Investors stock opened at $2.60 on Thursday. U.S. Global Investors, Inc. has a 12-month low of $2.23 and a 12-month high of $3.65. The stock has a market cap of $32.25 million, a P/E ratio of 10.00 and a beta of 0.70. The company has a 50-day moving average price of $2.62 and a 200 day moving average price of $2.73.

U.S. Global Investors (NASDAQ:GROWGet Free Report) last released its quarterly earnings data on Wednesday, May 13th. The asset manager reported $0.23 earnings per share (EPS) for the quarter. U.S. Global Investors had a net margin of 33.29% and a return on equity of 6.92%. The firm had revenue of $2.76 million during the quarter.

Institutional Investors Weigh In On U.S. Global Investors

A number of institutional investors have recently made changes to their positions in GROW. MAI Capital Management acquired a new stake in shares of U.S. Global Investors during the third quarter valued at about $102,000. Gator Capital Management LLC increased its position in shares of U.S. Global Investors by 2.4% during 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 increased its position in shares of U.S. Global Investors by 52.1% during 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 increased its position in shares of U.S. Global Investors by 108.2% during 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 increased its position 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 acquiring an additional 168,176 shares during the last quarter. 23.62% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

View Our Latest Stock Report on GROW

Key Headlines Impacting U.S. Global Investors

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.

Further Reading

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

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