North Star Investment Management Corp. Purchases 395,000 Shares of U.S. Global Investors, Inc. $GROW

North Star Investment Management Corp. raised its position in U.S. Global Investors, Inc. (NASDAQ:GROW) by 3,590.9% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 406,000 shares of the asset manager’s stock after buying an additional 395,000 shares during the period. North Star Investment Management Corp. owned 3.13% of U.S. Global Investors worth $1,007,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in GROW. Rothschild Wealth LLC bought a new position in shares of U.S. Global Investors in the fourth quarter valued at approximately $1,260,000. CWA Asset Management Group LLC lifted its holdings in 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 worth $1,016,000 after acquiring an additional 168,176 shares during the period. Gator Capital Management LLC boosted its position in U.S. Global Investors by 18.9% in the fourth quarter. Gator Capital Management LLC now owns 833,091 shares of the asset manager’s stock worth $2,008,000 after purchasing an additional 132,207 shares during the last quarter. Susquehanna International Group LLP boosted its position in 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 worth $259,000 after purchasing an additional 48,871 shares during the last quarter. Finally, Sandia Investment Management LP bought a new position in U.S. Global Investors in the 4th quarter valued at $106,000. Hedge funds and other institutional investors own 23.62% of the company’s stock.

Insiders Place Their Bets

In related news, major shareholder Gator Capital Management, Llc purchased 20,496 shares of U.S. Global Investors stock in a transaction dated 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 owned 1,121,263 shares in the company, valued at $2,904,071.17. This trade represents a 1.86% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Derek Steven Pilecki acquired 20,496 shares of the firm’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were bought at an average price of $2.59 per share, for a total transaction of $53,084.64. Following the completion of the purchase, the insider owned 1,121,263 shares in the company, valued at $2,904,071.17. This trade represents a 1.86% increase in their position. The SEC filing for this purchase provides additional information. Insiders have acquired a total of 118,238 shares of company stock worth $304,576 in the last three months. Insiders own 19.19% of the company’s stock.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded U.S. Global Investors from a “hold (c-)” rating to a “hold (c+)” rating in a research note on Tuesday, June 16th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has a consensus rating of “Hold”.

U.S. Global Investors Price Performance

Shares of NASDAQ GROW opened at $3.16 on Tuesday. The stock has a market capitalization of $39.18 million, a PE ratio of 12.15 and a beta of 0.70. U.S. Global Investors, Inc. has a one year low of $2.23 and a one year high of $3.65. The business’s fifty day moving average price is $2.75 and its 200-day moving average price is $2.80.

U.S. Global Investors Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, September 28th. Investors of record on Monday, September 14th will be paid a $0.0075 dividend. This represents a c) dividend on an annualized basis and a yield of 2.8%. The ex-dividend date is Monday, September 14th. U.S. Global Investors’s payout ratio is currently 34.62%.

About U.S. Global Investors

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.