Milton Ault III Purchases 5,400 Shares of Universal Security Instruments (NYSE:UUU) Stock

Universal Security Instruments, Inc. (NYSE:UUU) Director Milton Ault III purchased 5,400 shares of Universal Security Instruments stock in a transaction that occurred on Thursday, December 11th. The stock was acquired at an average cost of $4.87 per share, with a total value of $26,298.00. Following the transaction, the director owned 142,031 shares in the company, valued at $691,690.97. This trade represents a 3.95% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Universal Security Instruments Trading Up 0.4%

UUU opened at $4.98 on Wednesday. Universal Security Instruments, Inc. has a 1-year low of $1.65 and a 1-year high of $8.27. The company has a market cap of $11.52 million, a price-to-earnings ratio of -8.89 and a beta of -0.26. The company’s fifty day moving average price is $4.60 and its two-hundred day moving average price is $4.19.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Universal Security Instruments stock. Two Sigma Investments LP bought a new position in shares of Universal Security Instruments, Inc. (NYSE:UUU) during the third quarter, according to its most recent filing with the SEC. The fund bought 49,499 shares of the company’s stock, valued at approximately $198,000. Two Sigma Investments LP owned 2.14% of Universal Security Instruments at the end of the most recent reporting period.

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.