Universal Security Instruments (NYSE:UUU) Director Milton Ault III Buys 3,360 Shares of Stock

Universal Security Instruments, Inc. (NYSE:UUU) Director Milton Ault III bought 3,360 shares of the firm’s stock in a transaction on Wednesday, December 31st. The stock was purchased at an average cost of $4.93 per share, for a total transaction of $16,564.80. Following the completion of the acquisition, the director owned 162,457 shares in the company, valued at approximately $800,913.01. This trade represents a 2.11% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Universal Security Instruments Trading Up 0.6%

Shares of Universal Security Instruments stock opened at $5.19 on Friday. The company has a market cap of $12.00 million, a PE ratio of -9.27 and a beta of -0.26. The company has a 50 day moving average of $4.57 and a 200-day moving average of $4.36. Universal Security Instruments, Inc. has a 1-year low of $1.65 and a 1-year high of $8.27.

Institutional Trading of Universal Security Instruments

An institutional investor recently bought a new position in Universal Security Instruments stock. Two Sigma Investments LP acquired a new stake in Universal Security Instruments, Inc. (NYSE:UUU) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 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 (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.