Derek Steven Pilecki Buys 20,496 Shares of U.S. Global Investors (NASDAQ:GROW) Stock

U.S. Global Investors, Inc. (NASDAQ:GROW) insider Derek Steven Pilecki bought 20,496 shares of the company’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was bought at an average cost of $2.59 per share, for a total transaction of $53,084.64. Following the completion of the transaction, the insider directly owned 1,121,263 shares in the company, valued at approximately $2,904,071.17. The trade was a 1.86% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this link.

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

• On Wednesday, June 3rd, Derek Steven Pilecki bought 330 shares of U.S. Global Investors stock. The stock was bought at an average cost of $2.60 per share, for a total transaction of $858.00.
• On Thursday, May 28th, Derek Steven Pilecki bought 1,376 shares of U.S. Global Investors stock. The stock was bought 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 bought at an average cost 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 bought at an average cost 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 bought at an average cost of $2.55 per share, for a total transaction of $1,030.20.
• On Monday, May 11th, Derek Steven Pilecki bought 5,354 shares of U.S. Global Investors stock. The stock was bought at an average cost of $2.62 per share, for a total transaction of $14,027.48.
• On Friday, May 8th, Derek Steven Pilecki bought 208 shares of U.S. Global Investors stock. The stock was bought at an average cost 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 bought at an average cost 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 bought at an average cost 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 bought at an average cost of $2.63 per share, for a total transaction of $539.15.

U.S. Global Investors Price Performance

NASDAQ GROW opened at $2.67 on Friday. The firm’s fifty day moving average price is $2.62 and its 200 day moving average price is $2.73. The company has a market capitalization of $33.11 million, a price-to-earnings 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.

Wall Street Analysts Forecast Growth

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

Institutional Trading of U.S. Global Investors

Several hedge funds and other institutional investors have recently made changes to their positions in GROW. MAI Capital Management purchased a new stake in shares of U.S. Global Investors in the third quarter valued at about $102,000. Sandia Investment Management LP purchased a new stake in shares of U.S. Global Investors in the fourth quarter valued at about $106,000. Citadel Advisors LLC boosted its holdings 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 acquiring an additional 14,938 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings 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 acquiring an additional 5,056 shares in the last quarter. Finally, Susquehanna International Group LLP boosted its holdings in shares of 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 in the last quarter. Hedge funds and other institutional investors own 23.62% of the company’s stock.

U.S. Global Investors Company Profile

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.