U.S. Global Investors, Inc. Class A (GROW)

U.S. Global Investors, Inc.'s stock price has been influenced by several events over the past six months. The company reported a net income of $1.5 million for the quarter ended September 30, 2025, driven by increased investment income and gold-related fund inflows. U.S. Global Investors reported a net income of $315,000 for the quarter ended September 30, 2024, attributed to strong consolidated other income from net realized and unrealized gains in investment income. The company announced that its smart beta 2.0 ETFs concluded 2024 with positive total returns. The share price experienced a decline of 5.76% between November 22, 2024, and November 21, 2025, touching 52-week lows multiple times. Q4 2025, Q3 2025 and Q2 2025 earnings reports saw revenue drops.

Demand for U.S. Global Investors, Inc.'s products and services is influenced by cyclical markets. The company anticipates increased inflows into its airline-related products during the fall and winter months due to the historical outperformance of airline stocks. The company's financial results are significantly dependent on elevated gold prices and related fund flows, indicating a cyclical demand tied to commodity market performance.

U.S. Global Investors, Inc. is a publicly owned investment manager in the Financials sector, specializing in asset management. It offers investment advisory services to investment companies, managing equity, balanced, fixed income, and hedge funds, with a focus on no-load mutual funds and ETFs. The company is known for its expertise in gold mining, natural resources, and airlines, offering products like the U.S. Global Jets ETF (JETS) and operates through Investment Management Services and Corporate Investments segments.

U.S. Global Investors, Inc. is headquartered in San Antonio, Texas, with additional offices in Seattle and Hong Kong. It serves clients across North America, Europe, and Asia, supported by subsidiaries like U.S. Global Investors (Bermuda) Limited and U.S. Global Investors (Canada) Limited.

U.S. Global Investors, Inc. received recognition for its investor content related to the U.S. Global Jets ETF in November 2024. However, search interest for the company's stock decreased by 17% in the last 30 days as of November 27, 2025, indicating a downward trend in public search activity.

The ownership of U.S. Global Investors (GROW) includes institutional, retail, and individual investors. Institutional investors hold approximately 15.39% to 38.15% of the stock, insiders own about 5.37%, and public companies and retail investors hold approximately 56.48%. Major institutional owners include Gator Capital Management, LLC, Vanguard Group Inc, Perritt Capital Management Inc, PHLOX - Philotimo Focused Growth and Income Fund, Kanen Wealth Management LLC, BlackRock, Inc., and CWA Asset Management Group, LLC. Vanguard Index Funds also owns a significant portion of shares.