Universal Security Instruments (NYSE:UUU) Director Milton Ault III Purchases 8,729 Shares of Stock

Universal Security Instruments, Inc. (NYSE:UUU) Director Milton Ault III bought 8,729 shares of the firm’s stock in a transaction on Tuesday, August 25th. The stock was acquired at an average cost of $6.03 per share, with a total value of $52,635.87. Following the completion of the transaction, the director directly owned 1,105,262 shares of the company’s stock, valued at approximately $6,664,729.86. This represents a 0.80% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Universal Security Instruments Stock Down 0.7%

Shares of UUU traded down $0.04 during mid-day trading on Wednesday, hitting $5.66. 44,941 shares of the company’s stock were exchanged, compared to its average volume of 74,484. The stock has a market cap of $17.14 million, a price-to-earnings ratio of -10.11 and a beta of 0.05. The firm has a fifty day moving average of $4.18 and a two-hundred day moving average of $5.22. Universal Security Instruments, Inc. has a twelve month low of $3.02 and a twelve month high of $8.27.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Two Sigma Investments LP acquired a new stake in Universal Security Instruments in the 3rd quarter worth approximately $198,000. Qube Research & Technologies Ltd acquired a new position in Universal Security Instruments during the third quarter valued at approximately $42,000. Geode Capital Management LLC raised its position in shares of Universal Security Instruments by 22.8% in the fourth quarter. Geode Capital Management LLC now owns 15,355 shares of the company’s stock valued at $79,000 after purchasing an additional 2,850 shares during the period. DRW Securities LLC lifted its stake in shares of Universal Security Instruments by 24.6% in the fourth quarter. DRW Securities LLC now owns 77,979 shares of the company’s stock worth $402,000 after buying an additional 15,404 shares during the last quarter. Finally, Heron Bay Capital Management bought a new stake in shares of Universal Security Instruments during the 4th quarter worth $186,000.

Universal Security Instruments Company Profile

Universal Security Instruments, Inc (NYSE: UUU) is a manufacturer and marketer of home safety and security products based in Holbrook, New York. The company specializes in the design, development and distribution of devices intended to protect lives and property, servicing both residential and commercial end users.

Its product portfolio includes photoelectric and ionization smoke alarms, carbon monoxide detectors, combination smoke/CO units, fire extinguishers and fire escape ladders. Additional offerings extend to weather radios and environmental sensors, all engineered to meet or exceed applicable UL, ANSI and NFPA safety standards.

Universal Security Instruments distributes its products primarily across the United States and Canada through a network of mass merchants, independent electrical distributors, home improvement centers and e-commerce platforms.