Milton Ault III Purchases 2,069 Shares of Universal Security Instruments (NYSE:UUU) Stock

Universal Security Instruments, Inc. (NYSE:UUU) Director Milton Ault III acquired 2,069 shares of the stock in a transaction on Thursday, December 18th. The shares were purchased at an average cost of $4.91 per share, with a total value of $10,158.79. Following the transaction, the director directly owned 147,804 shares of the company’s stock, valued at approximately $725,717.64. This trade represents a 1.42% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Universal Security Instruments Stock Up 1.4%

Shares of NYSE:UUU traded up $0.07 during midday trading on Friday, reaching $4.98. The company’s stock had a trading volume of 18,695 shares, compared to its average volume of 357,392. The firm has a 50 day moving average of $4.62 and a 200-day moving average of $4.20. The firm has a market capitalization of $11.52 million, a P/E ratio of -8.89 and a beta of -0.26. Universal Security Instruments, Inc. has a 12-month low of $1.65 and a 12-month high of $8.27.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Universal Security Instruments stock. Two Sigma Investments LP bought a new position in Universal Security Instruments, Inc. (NYSE:UUU) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 49,499 shares of the company’s stock, valued at approximately $198,000. Two Sigma Investments LP owned approximately 2.14% of Universal Security Instruments as of its most recent filing with the Securities and Exchange Commission (SEC).

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.