Insider Buying: Universal Security Instruments (NYSE:UUU) Director Purchases 3,116 Shares of Stock

Universal Security Instruments, Inc. (NYSE:UUU) Director Milton Ault III acquired 3,116 shares of the company’s stock in a transaction on Tuesday, December 16th. The stock was acquired at an average price of $5.03 per share, for a total transaction of $15,673.48. Following the completion of the purchase, the director owned 144,100 shares of the company’s stock, valued at $724,823. This trade represents a 2.21% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Universal Security Instruments Trading Down 0.4%

Shares of UUU traded down $0.02 during mid-day trading on Wednesday, hitting $4.96. 24,367 shares of the company’s stock were exchanged, compared to its average volume of 360,216. Universal Security Instruments, Inc. has a fifty-two week low of $1.65 and a fifty-two week high of $8.27. The business’s 50 day moving average is $4.60 and its two-hundred day moving average is $4.19. The firm has a market capitalization of $11.47 million, a P/E ratio of -8.86 and a beta of -0.26.

Institutional Investors Weigh In On Universal Security Instruments

An institutional investor recently bought a new position in Universal Security Instruments stock. Two Sigma Investments LP bought a new position in shares of Universal Security Instruments, Inc. (NYSE:UUU) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 49,499 shares of the company’s stock, valued at approximately $198,000. Two Sigma Investments LP owned about 2.14% of Universal Security Instruments at the end of the most recent quarter.

Universal Security Instruments Company Profile

Universal Security Instruments, Inc, together with its subsidiary, engages in the marketing and distribution of safety and security products in the United States. The company offers a line of safety alarms units, including replaceable batteries, sealed batteries, and battery backup alarms; and smoke alarms, which include hearing impaired and heat alarms, as well as carbon monoxide alarms, door chimes, ventilation products, ground fault circuit interrupters, and other electrical devices under the UNIVERSAL and USI Electric trade names.