Insider Trading Review: U.S. Global Investors, Inc. $GROW

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U.S. Global Investors, Inc. (GROW) insider have most recently took part in a trading activity. On Sep 19, 2017 Holmes Frank E, CEO/CIO, 10% Owner bought 1,000 shares having total worth of $1,810 at the price of $1.81 per share, following the transaction a total of 488,117 shares owned by Holmes Frank E. Before this latest buy, Holmes Frank E purchased GROW at 47 other times during the past twelve months, for a total investment of $49,411 at an average of $1.5 per share.

The stock has experienced a total of 6 insider trades in the past three months. These trades include 6 buy trades. Furthermore, over the past 12 months , the stock was traded 47 times by insiders. an employee of the company was the buyer in 47 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 6 0 65.91%
12 Month 47 0 38.61%

Shares of U.S. Global Investors, Inc. (GROW) traded up 6.31% on Sep 20, 2017, hitting $2.19. 445,782 shares of the company’s stock traded hands. U.S. Global Investors, Inc. has a 52 week low of $1.25 and a 52 week high of $2.3. The company’s market cap is $28 million.

U.S. Global Investors, Inc. (GROW) last announced its earnings results on Sep 12, 2017. The company reported -0.05 earnings per share (EPS) for the quarter. The company had revenue of $1 million for the quarter During the same quarter in the previous year, the company posted -0.02 earnings per share. The company’s revenue for the quarter was down 10% on a year-over-year basis.

2017-09-12 2017-05-11 2017-02-08 2016-09-14 2016-05-13 2016-02-16 2015-11-12 2015-09-17 2015-05-15 2015-02-10
earnings per share -0.05 0.00 0.00 -0.02 -0.02 -0.14 -0.06 -0.13 -0.07 -0.05
Revenue(M) 1.47 1.67 1.64 1.64 1.33 1.29 1.6 1.87 1.83 2.37

U.S. Global Investors Inc. is a Texas corporation organized in 1968, and a registered investment adviser under the Investment Advisers Act of 1940. The Company is engaged in the business of providing investment advisory and other services to U.S. Global Investors Funds and U.S. Global Accolade Funds and both Massachusetts business trusts, as well as offshore clients. USGIF and USGAF are investment companies offering shares of nine and four mutual funds, respectively, on a no-load basis. As part of the mutual fund management business, the company provides: investment advisory services; transfer agency and record keeping services; mailing services; and distribution services, through its wholly owned broker-dealer, to mutual funds advised by the company. The Company furnishes an investment program for each of the clients it manages and determines, subject to overall supervision by the applicable board of trustees of the clients. It provides office space, facilities, and business equipment as well as the services of executive and clerical personnel for administering the affairs of the Funds. The company’s wholly owned subsidiary, United Shareholder Services, Inc. provides transfer agency and printing services to investment company clients. The company’s wholly owned subsidiary, U.S. Global Brokerage, Inc. is the distributor for USGIF and USGAF fund shares. A&B Mailers, Inc., now known as USSI Mailers, was dissolved in 2008 and its operation was rolled into United Shareholder Services, Inc. USSI Mailers provides mail-handling services to various entities. In addition to competition from other mutual fund managers and investment advisers, the company and the mutual fund industry are in competition with various investment alternatives offered by insurance companies, banks, securities broker-dealers, and other financial institutions.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.