Notable Insider Reporting: The Insider Frank Holmes Acquires 1000 shares of U.S. Global Investors, Inc. (NASDAQ:GROW)

November 25, 2016 - By Marie Mckinney

Notable Insider Reporting: The Insider Frank Holmes Acquires 1000 shares of U.S. Global Investors, Inc. (NASDAQ:GROW)

Frank Holmes Insider Buy

Director, Frank Holmes is the U S Global Investors Inc’s insider who acquired shares of U S Global Investors Inc, 1,000 to be exact. These shares were calculated based on a stock price per share $1.5, with the investment having a value near $1,490 US Dollars. This is not his first insider trade, in the last month, he acquired another 3,700 shares worth $5,687 USD. Frank Holmes owns 10%+ of the -company’s market cap or 465,812 shares. Dated 25/11/2016 the purchase document is available online here.

Insitutional Activity: The institutional sentiment increased to 1.25 in 2016 Q2. Its up 0.61, from 0.64 in 2016Q1. The ratio improved, as 4 funds sold all U.S. Global Investors, Inc. shares owned while 7 reduced positions. 4 funds bought stakes while 3 increased positions. They now own 5.79 million shares or 7.55% less from 6.26 million shares in 2016Q1.

Arbiter Capital Ltd Liability Corporation, a New York-based fund reported 56,815 shares. Blackrock Institutional Trust Na owns 363,479 shares or 0% of their US portfolio. Manufacturers Life Communication The owns 1,717 shares or 0% of their US portfolio. The Florida-based Raymond James And Associate has invested 0% in U.S. Global Investors, Inc. (NASDAQ:GROW). Moreover, Commercial Bank Of Mellon has 0% invested in U.S. Global Investors, Inc. (NASDAQ:GROW) for 28,629 shares. California Pub Employees Retirement Sys owns 32,800 shares or 0% of their US portfolio. Royal Commercial Bank Of Canada last reported 92 shares in the company. Financial And Mngmt Grp Incorporated Ltd has invested 1.32% of its portfolio in U.S. Global Investors, Inc. (NASDAQ:GROW). Aegis Financial Corporation holds 184,255 shares or 0.31% of its portfolio. Vanguard Gp Incorporated owns 524,398 shares or 0% of their US portfolio. The New York-based Raffles L P has invested 0.04% in U.S. Global Investors, Inc. (NASDAQ:GROW). Moreover, Wells Fargo And Mn has 0% invested in U.S. Global Investors, Inc. (NASDAQ:GROW) for 1,501 shares. Moreover, Bancorp Of America De has 0% invested in U.S. Global Investors, Inc. (NASDAQ:GROW) for 17 shares. Guggenheim Cap Ltd Com holds 10,911 shares or 0% of its portfolio. The New Jersey-based Highlander Capital Management Ltd Com has invested 0.01% in U.S. Global Investors, Inc. (NASDAQ:GROW).

Insider Transactions: Since May 26, 2016, the stock had 20 insider purchases, and 0 selling transactions for $32,327 net activity. $501 worth of shares were bought by HOLMES FRANK E on Monday, July 18.

The stock increased 2.08% or $0.03 on November 25, hitting $1.47. About 30,461 shares traded hands. U.S. Global Investors, Inc. (NASDAQ:GROW) has declined 10.56% since April 22, 2016 and is downtrending. It has underperformed by 15.97% the S&P500.

U.S. Global Investors, Inc. is an investment advisor. The company has a market cap of $20.92 million. The Company, with principal activities located in San Antonio, Texas, manages three business divisions. It currently has negative earnings. The Investment Management Services segment, through the United States Global Investors Funds , offers offshore clients, and an exchange traded fund (ETF) client, a range of investment management services and products to meet the needs of individual and institutional investors.

According to Zacks Investment Research, “US GLOBAL INVESTMENTS and its wholly owned subsidiaries are in the mutual fundmanagement business. As part of the mutual fund management business, they provide: (1) investment advisory services through them or their subsidiaries to institutions (namely, mutual funds) and other persons; (2)transfer agency and record keeping services; (3) mailing services; (4)custodial and administrative services, through its wholly owned trust company and administrator for IRAs and other types of retirement plans; and (5)distribution services.”

Analysts await U.S. Global Investors, Inc. (NASDAQ:GROW) to report earnings on February, 10.

More news for U.S. Global Investors, Inc. (NASDAQ:GROW) were recently published by: Marketwatch.com, which released: “US Global Investors, Inc. Reports Ownership of Flow-Through Units of Murchison ..” on October 21, 2016. Bizjournals.com‘s article titled: “U.S. Global investors turns quarterly profit for first time in years” and published on November 07, 2016 is yet another important article.

GROW Company Profile

U.S. Global Investors, Inc., incorporated on January 29, 1968, is an investment advisor. The Company, with principal activities located in San Antonio, Texas, manages three business divisions: Investment Management Services, Investment Management Services-Canada and Corporate Investments. The Investment Management Services segment, through the United States Global Investors Funds (USGIF), offers offshore clients, and an exchange traded fund (ETF) client, a range of investment management services and products to meet the needs of individual and institutional investors. The Investment Management Services-Canada segment owns a controlling interest in Galileo Global Equity Advisors Inc. (Galileo), a Toronto asset management firm, which offers investment management services and products in Canada. The Corporate Investments segment invests for its own account. As part of its investment management businesses, the Company provides investment advisory services and administrative services to the mutual funds advised by the Company.

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