Universal Security Instruments (NYSE:UUU) Director Milton Ault III Acquires 6,200 Shares

Universal Security Instruments, Inc. (NYSE:UUU) Director Milton Ault III bought 6,200 shares of the company’s stock in a transaction dated Saturday, December 6th. The stock was bought at an average price of $4.21 per share, for a total transaction of $26,102.00. Following the transaction, the director owned 116,631 shares of the company’s stock, valued at approximately $491,016.51. This trade represents a 5.61% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Universal Security Instruments Stock Performance

Shares of UUU traded up $0.16 during mid-day trading on Wednesday, hitting $4.64. 36,815 shares of the company were exchanged, compared to its average volume of 367,232. Universal Security Instruments, Inc. has a 1-year low of $1.65 and a 1-year high of $8.27. The company has a 50 day moving average of $4.59 and a 200-day moving average of $4.11. The stock has a market cap of $10.73 million, a price-to-earnings ratio of -8.29 and a beta of -0.26.

Institutional Trading of Universal Security Instruments

A hedge fund recently bought a new stake 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 its most recent Form 13F filing with the SEC. The institutional investor acquired 49,499 shares of the company’s stock, valued at approximately $198,000. Two Sigma Investments LP owned about 2.14% of Universal Security Instruments as of its most recent filing with the SEC.

About Universal Security Instruments

Universal Security Instruments, Inc, together with its subsidiary, engages in the marketing and distribution of safety and security products in the United States. The company offers a line of safety alarms units, including replaceable batteries, sealed batteries, and battery backup alarms; and smoke alarms, which include hearing impaired and heat alarms, as well as carbon monoxide alarms, door chimes, ventilation products, ground fault circuit interrupters, and other electrical devices under the UNIVERSAL and USI Electric trade names.