U S Global Investors: control person Derek Pilecki buys $11,692 shares

Derek Steven Pilecki, identified as a control person at U S Global Investors Inc. (NASDAQ:GROW), recently acquired shares of the company’s Class A Common Stock (Non-Voting). The transaction, dated October 23, 2026, involved the purchase of 4,532 shares for a total value of $11,692.

The shares were acquired at a weighted average price of $2.5799 per share, slightly below the current stock price of $2.64. According to InvestingPro analysis, the stock appears undervalued at current levels, with the company trading at a P/E ratio of 10.88. These shares were purchased indirectly through Gator Qualified Partners, LLC, an account over which Gator Capital Management, LLC exercises investment discretion.

Following this transaction, Mr. Pilecki’s aggregate beneficial ownership in U S Global Investors Inc. stands at 1,129,011 shares. The insider purchase aligns with broader capital allocation trends, as InvestingPro Tips indicate management has been aggressively buying back shares. For deeper insights into GROW’s valuation and growth prospects, investors can access the comprehensive Pro Research Report, available for this and 1,400+ other US equities. These holdings are distributed across various client accounts, including Gator Financial Partners, LLC, Gator Qualified Partners, LLC, ECA Fund, LP, and a Managed Account. Gator Capital Management, LLC disclaims beneficial ownership of these securities except to the extent of its pecuniary interest.

In other recent news, U.S. Global Investors reported a return to profitability for fiscal 2026, marking a significant turnaround from the previous year’s loss. The company’s revenue increased by 21%, reaching $10.3 million, compared to $8.5 million the year before. Net income improved substantially to $3.1 million, or $0.24 per share, from a loss of $334,000, or $0.03 per share, in the prior year. Operating expenses decreased by 5% to $10.9 million, despite the increase in revenue. The company also repurchased 733,848 Class A shares for $2 million, which management cited as a sign of improved operating momentum. These financial results were supported by higher assets under management, averaging $1.53 billion, and strong performance in gold and natural resource funds. The business benefited from a volatile market environment that increased demand for thematic strategies related to precious metals and defense. Analysts have noted these developments as positive indicators for the company’s future performance.