U.S. Global Investors, Inc. (NASDAQ:GROW) went up to recover about 292.8% since recording its record low price of $1.25. The stock experienced 59.42% jump, arriving at $4.91 on 11/24/2017. During the day, the stock price traveled from $3.27 to $4.97. This company shares are -100% up from its target price of $0 and the current market capitalization stands at $78.95M. The recent change has given its price a 103.25% lead over SMA 50 and 14.19% lead over its 52-week high. The stock witnessed 102.06% gains, 270.57% gains and 234.01% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found GROW’s volatility during a week at 24.94% and during a month it has been found around 16.31%.
U.S. Global Investors, Inc. (GROW) Top Holders
Institutional investors currently hold around $17 million or 39.1% in GROW stock. Look at its top three institutional owners. Financial & Investment Management Group Ltd owns $6.85 million in U.S. Global Investors, Inc., which represents roughly 8.67% of the company’s market cap and approximately 40.27% of the institutional ownership. Similar statistics are true for the second largest owner, Royce & Associates Lp, which owns 1,526,005 shares of the stock are valued at $4.7 million. The third largest holder is Vanguard Group Inc, which currently holds $1.41 million worth of this stock and that ownership represents nearly 1.79% of its market capitalization.
U.S. Global Investors, Inc. 13F Filings
At the end of 09/30/2017 reporting period, 10 institutional holders increased their position in U.S. Global Investors, Inc. (NASDAQ:GROW) by some 80,921 shares, 16 decreased positions by 532,931 and 8 held positions by 4,838,423. That puts total institutional holdings at 5,452,275 shares, according to SEC filings. The stock grabbed 6 new institutional investments totaling 68,952 shares while 8 institutional investors sold out their entire positions totaling 354,621 shares.
U.S. Global Investors, Inc. (NASDAQ:GROW) Insider Trades
Multiple company employees have indulged in significant insider trading. U.S. Global Investors, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that CEO/CIO, 10% Owner Holmes Frank E has acquired 1,000 shares of U.S. Global Investors, Inc. (GROW) in trading session dated Nov. 13, 2017. These shares are worth $2,710 and were traded at $2.71 each. The SEC filing shows that Holmes Frank E performed a purchase of 1,000 shares. The CEO/CIO, 10% Owner added these shares by way of transaction on Nov. 10, 2017. The company’s shares were assimilated at $2.98 per share worth to an investment of some $2,980 on account of Holmes Frank E.
CEO/CIO, 10% Owner, Holmes Frank E, purchased 1,000 common shares of U.S. Global Investors, Inc. (GROW) in the open market. In a transaction dated Nov. 09, 2017, the shares were bought at an average price of $3.12, giving away a sum of $3,120. After this purchase, 496,617 common shares of GROW are directly owned by the insider, with total stake valued at $2,438,389.
In the transaction dated Nov. 08, 2017, the great number of shares acquired came courtesy the CEO/CIO, 10% Owner; Holmes Frank E added a total of 1,000 shares at an average price of $3.2, amounting to approximately $3,200. The insider now directly owns 495,617 shares worth $2,433,479.