U S Global Investors Inc (GROW) Files Form 4 Insider Buying : Frank E Holmes Buys 1,330 Shares

U S Global Investors Inc (GROW): Frank E Holmes , CEO of U S Global Investors Inc purchased 1,330 shares on Jun 29, 2016. The Insider buying transaction was reported by the company on Jun 30, 2016 to the Securities and Exchange Commission. The shares were purchased at $1.70 per share for a total value of $2,256.34 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 30, 2016, Frank E Holmes (CEO) purchased 1,330 shares at $1.70 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.

Shares of U.S. Global Investors (GROW) ended Wednesday, Jun 29, 2016 session in red amid volatile trading. The shares closed down -0.08 points or -4.52% at $1.69 with 1,55,954 shares getting traded. Post opening the session at $1.77, the shares hit an intraday low of $1.63 and an intraday high of $1.77 and the price vacillated in this range throughout the day. The company has a market cap of $26 M and the number of outstanding shares has been calculated to be 1,52,61,945 shares. The 52-week high of U.S. Global Investors is $2.92 and the 52-week low is $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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