Universal Security Instruments (NYSE:UUU) Director Milton Ault III Purchases 7,506 Shares of Stock

Universal Security Instruments, Inc. (NYSE:UUU) Director Milton Ault III purchased 7,506 shares of the firm’s stock in a transaction on Thursday, August 20th. The stock was acquired at an average price of $6.13 per share, with a total value of $46,011.78. Following the completion of the purchase, the director owned 1,065,861 shares of the company’s stock, valued at $6,533,727.93. The trade was a 0.71% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Universal Security Instruments Stock Performance

Shares of NYSE UUU opened at $6.40 on Friday. Universal Security Instruments, Inc. has a fifty-two week low of $3.02 and a fifty-two week high of $8.27. The company has a market cap of $19.39 million, a PE ratio of -11.43 and a beta of 0.05. The business has a 50-day simple moving average of $4.14 and a two-hundred day simple moving average of $5.20.

Institutional Trading of Universal Security Instruments

Large investors have recently added to or reduced their stakes in the company. Qube Research & Technologies Ltd purchased a new position in shares of Universal Security Instruments in the third quarter worth about $42,000. Bridgeway Capital Management LLC purchased a new stake in Universal Security Instruments in the fourth quarter valued at approximately $56,000. Geode Capital Management LLC boosted 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 buying an additional 2,850 shares during the last quarter. Heron Bay Capital Management acquired a new position in Universal Security Instruments in the 4th quarter worth approximately $186,000. Finally, Two Sigma Investments LP acquired a new position in Universal Security Instruments in the 3rd quarter worth 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.