U S Global Investors Inc (GROW) Files Form 4 Insider Buying : Frank E Holmes Buys 415 Shares

U S Global Investors Inc (GROW): Frank E Holmes , CEO of U S Global Investors Inc purchased 415 shares on May 26, 2016. The Insider buying transaction was reported by the company on May 27, 2016 to the Securities and Exchange Commission. The shares were purchased at $1.62 per share for a total value of $670.02 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 26, 2016, Frank E Holmes (CEO) purchased 399 shares at $1.62 per share price.On Jun 9, 2015, Jerold H Rubinstein (director) sold 8,500 shares at $2.88 per share price.Also, On Mar 4, 2015, Roy D Terracina (director) purchased 12,300 shares at $3.15 per share price.

U.S. Global Investors: On Wednesday, May 25, 2016 heightened volatility was witnessed in U.S. Global Investors which led to swings in the share price. The shares opened for trading at $1.67 and hit $1.74 on the upside , eventually ending the session at $1.69, with a gain of 0.60% or 0.01 points. The heightened volatility saw the trading volume jump to 46,038 shares. The 52-week high of the share price is $3.19 and the company has a market cap of $26 M . The 52-week low of the share price is at $0.9623.

U.S. Global Investors Money Flow Index Chart

U.S. Global Investors Inc. (U.S. Global) is an investment adviser. The Company and its subsidiaries are principally engaged in the business of providing investment advisory and other services to the United States Global Investors Funds (USGIF) as well as offshore clients. As part of the mutual fund management business the Company provides investment advisory services; transfer agency and record keeping services; distribution services and administrative services to mutual funds advised by the Company. The Company with principal operations located in San Antonio Texas manages three business segments: Investment Management Services by which the Company offers through USGIF; Investment Management Services – Canada through which the Company owns a 65% controlling interest in Galileo Global Equity Advisors Inc. (Galileo); Corporate Investments through which the Company invests for its own account in an effort to add growth and value to its cash position.

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