Universal Security Instruments (NYSE:UUU) Director Milton Ault III Purchases 6,025 Shares

Universal Security Instruments, Inc. (NYSE:UUU) Director Milton Ault III bought 6,025 shares of the company’s stock in a transaction on Friday, February 20th. The stock was bought at an average price of $4.66 per share, with a total value of $28,076.50. Following the completion of the acquisition, the director owned 468,482 shares in the company, valued at $2,183,126.12. This represents a 1.30% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Universal Security Instruments Stock Down 2.3%

NYSE UUU opened at $4.60 on Wednesday. The business’s fifty day simple moving average is $4.91 and its 200-day simple moving average is $4.79. The firm has a market cap of $12.50 million, a PE ratio of -8.21 and a beta of -0.21. Universal Security Instruments, Inc. has a 52 week low of $1.65 and a 52 week high of $8.27.

Institutional Trading of Universal Security Instruments

Institutional investors have recently made changes to their positions in the company. Qube Research & Technologies Ltd acquired a new position in Universal Security Instruments in the third quarter valued at approximately $42,000. Bridgeway Capital Management LLC acquired a new stake in Universal Security Instruments during the fourth quarter worth $56,000. Geode Capital Management LLC raised its position in 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. Heron Bay Capital Management acquired a new position in shares of Universal Security Instruments in the 4th quarter valued at $186,000. Finally, Two Sigma Investments LP purchased a new position in shares of Universal Security Instruments during the 3rd quarter worth $198,000.

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.