Universal Security Instruments (NYSE:UUU) Director Milton Ault III Purchases 2,231 Shares of Stock

Universal Security Instruments, Inc. (NYSE:UUU) Director Milton Ault III bought 2,231 shares of the firm’s stock in a transaction that occurred on Tuesday, February 24th. The stock was acquired at an average price of $4.70 per share, for a total transaction of $10,485.70. Following the transaction, the director owned 478,994 shares in the company, valued at $2,251,271.80. This trade represents a 0.47% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Universal Security Instruments Trading Up 0.1%

Shares of NYSE:UUU traded up $0.01 on Friday, reaching $5.01. 3,083 shares of the company traded hands, compared to its average volume of 201,990. The stock has a market capitalization of $13.60 million, a P/E ratio of -8.92 and a beta of -0.21. The business’s 50-day simple moving average is $4.90 and its 200 day simple moving average is $4.79. Universal Security Instruments, Inc. has a 52 week low of $1.65 and a 52 week high of $8.27.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. DRW Securities LLC grew its holdings in shares of Universal Security Instruments by 24.6% during the 4th quarter. DRW Securities LLC now owns 77,979 shares of the company’s stock worth $402,000 after acquiring an additional 15,404 shares during the period. Two Sigma Investments LP purchased a new stake in Universal Security Instruments in the third quarter worth $198,000. Heron Bay Capital Management bought a new position in Universal Security Instruments in the fourth quarter worth $186,000. Geode Capital Management LLC lifted its position in Universal Security Instruments by 22.8% during the fourth quarter. Geode Capital Management LLC now owns 15,355 shares of the company’s stock valued at $79,000 after buying an additional 2,850 shares during the period. Finally, Bridgeway Capital Management LLC bought a new stake in shares of Universal Security Instruments during the 4th quarter valued at $56,000.

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.