Universal Security Instruments (NYSE:UUU) Director Acquires 10,000 Shares

Universal Security Instruments, Inc. (NYSE:UUU) Director Milton Ault III purchased 10,000 shares of the stock in a transaction on Friday, August 28th. The stock was acquired at an average cost of $5.16 per share, with a total value of $51,600.00. Following the completion of the purchase, the director directly owned 1,130,262 shares of the company’s stock, valued at $5,832,151.92. The trade was a 0.89% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this link.

Universal Security Instruments Stock Up 1.2%

Shares of NYSE UUU traded up $0.06 during midday trading on Monday, reaching $5.06. The company had a trading volume of 18,604 shares, compared to its average volume of 74,024. The stock has a market cap of $15.33 million, a PE ratio of -9.04 and a beta of 0.05. Universal Security Instruments, Inc. has a one year low of $3.02 and a one year high of $8.27. The firm’s fifty day moving average price is $4.20 and its 200-day moving average price is $5.24.

Institutional Trading of Universal Security Instruments

Institutional investors have recently modified their holdings of the company. Qube Research & Technologies Ltd purchased a new position in Universal Security Instruments during the 3rd quarter valued at about $42,000. Bridgeway Capital Management LLC bought a new stake in shares of Universal Security Instruments in the 4th quarter worth approximately $56,000. Geode Capital Management LLC grew its position in shares of Universal Security Instruments by 22.8% in the 4th quarter. Geode Capital Management LLC now owns 15,355 shares of the company’s stock worth $79,000 after buying an additional 2,850 shares during the last quarter. Heron Bay Capital Management purchased a new position in shares of Universal Security Instruments during the fourth quarter valued at approximately $186,000. Finally, Two Sigma Investments LP bought a new position in shares of Universal Security Instruments during the third quarter valued at approximately $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.